At a Glance
- Tasks: Facilitate corporate collections and ensure timely payments from clients.
- Company: Join FTI Consulting, a global leader in crisis and transformation solutions.
- Benefits: Professional development, mentorship, and a collaborative work culture.
- Other info: Dynamic environment with opportunities for growth and learning.
- Why this job: Make a real impact while working with top professionals in the industry.
- Qualifications: Experience in collections and strong communication skills required.
The predicted salary is between 30000 - 40000 £ per year.
FTI Consulting is the leading global expert firm for organizations facing crisis and transformation. We work with many of the world’s top multinational corporations, law firms, banks and private equity firms on their most important issues to deliver impact that makes a difference. From resolving disputes, navigating crises, managing risk and optimizing performance, our teams respond rapidly to dynamic and complex situations.
At FTI Consulting, you’ll work side-by-side with leaders who have shaped history, helping solve the biggest challenges making headlines today. From day one, you’ll be an integral part of a focused team where you can make a real impact. You’ll be surrounded by an open, collaborative culture that embraces diversity, recognition, professional development and, most importantly, you.
Are you ready to make your impact?
An individual in this position will be responsible for facilitating strong corporate collections to the operations group, ensuring timely payments from a growing customer base and coordinating with the Forensic Litigation Consulting Project Assistant team.
What You’ll Do
- Review aged Accounts Receivable balances and contact clients, via phone and email, to facilitate payments.
- Establish methodological process for continuously canvassing all of Forensic & Litigation Consulting (FLC) as well as other FTI segments’ crossover aged AR and performing routine follow-ups and check-ins to ensure timely payments.
- Proactively establish contact points with clients’ Accounts Payable contact and preemptively ensure access to billing systems is in place prior to invoicing.
- Identify and resolve technical issues preventing client payments (access to eBilling sites, resolving rejection errors etc.).
- Collaborate with FLC relationship managers where appropriate to facilitate client payments.
- Enlist the efforts of senior management when necessary to accelerate the collection process.
- Establish and maintain effective and cooperative working relationships with practitioners and client accounts payable contacts.
- Perform all above duties as an extension of FLC with appropriate respectful demeanor and consultative client service.
- Perform other assigned tasks and duties necessary to support the FLC department's efforts to maintain timely cash collections.
- Prepare and present reports on collection activities and progress, when needed.
How You’ll Grow
We are committed to investing and supporting you in your professional development and we have developed a range of programs focused on fostering leadership, growth and development opportunities. We aim to promote continuous learning and individual skills development through on-the-job learning, self-guided professional development courses and certifications. You’ll be assigned a dedicated coach to mentor, guide and support you through regular coaching sessions and serve as an advocate for your professional growth. As you progress through your career at FTI Consulting, we offer tailored programs for critical professional milestones to ensure you are prepared and empowered to take on your next role.
What You Will Need to Succeed
- Excellent written, verbal and social communication skills.
- Excellent interpersonal skills are essential as the position requires contact with all levels of engagement professionals and clients.
- Strong organizational, problem-solving and critical-thinking skills.
- Self-motivated and able to work independently.
- Commitment to excellent customer service.
- Ability to overcome obstacles and get results.
- Strong attention to detail, goal oriented.
Basic Qualifications
- A few years experience in corporate, preferably in legal/law firm, collections.
- Bachelor’s degree or equivalent experience.
- Working knowledge of MS Office and databases.
- Proven experience as a Collection Specialist or similar role.
- Knowledge of various Collection best practices techniques.
- Knowledge of standard Billing procedures.
- Working knowledge of basic accounting.
FTI Consulting is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.
Collection Specialist | FLC Operations in London employer: FTI Consulting LLP
At FTI Consulting, we pride ourselves on being an exceptional employer, offering a dynamic and collaborative work environment where your contributions truly matter. With a strong commitment to professional development, you will have access to tailored growth opportunities and mentorship from experienced leaders, all while working in a culture that values diversity and recognition. Join us in our London office, where you can make a meaningful impact alongside some of the brightest minds in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Collection Specialist | FLC Operations in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work at FTI Consulting or similar firms. A friendly chat can sometimes lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching FTI Consulting's recent projects and challenges. This shows you're genuinely interested and ready to contribute to their mission of making an impact.
✨Tip Number 3
Practice your communication skills! As a Collection Specialist, you'll need to be clear and persuasive. Role-play with a friend or use online resources to sharpen your pitch.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at FTI Consulting.
We think you need these skills to ace Collection Specialist | FLC Operations in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Collection Specialist. Highlight your experience in corporate collections and any relevant skills that match what FTI Consulting is looking for. We want to see how you can make an impact!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background makes you the perfect fit. Be sure to mention your excellent communication skills and customer service commitment.
Showcase Your Problem-Solving Skills:In your application, don’t forget to highlight specific examples where you've successfully resolved issues in collections or billing. We love seeing how you tackle challenges head-on and get results!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at FTI Consulting LLP
✨Know Your Numbers
Before the interview, brush up on your understanding of accounts receivable and collections metrics. Be ready to discuss how you've successfully managed collections in the past, including specific figures or percentages that demonstrate your impact.
✨Master the Art of Communication
Since this role requires excellent communication skills, practice articulating your thoughts clearly and confidently. Prepare examples of how you've effectively communicated with clients or colleagues to resolve issues, as this will showcase your interpersonal skills.
✨Showcase Problem-Solving Skills
Think of a few scenarios where you faced challenges in collections and how you overcame them. Be prepared to share these stories during the interview, highlighting your critical-thinking abilities and how you can apply them to potential obstacles at FTI Consulting.
✨Demonstrate Customer Service Commitment
FTI Consulting values excellent customer service, so come equipped with examples of how you've gone above and beyond for clients in previous roles. This will show your dedication to maintaining strong relationships and ensuring timely payments.