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, strong communication skills, and a degree.
The predicted salary is between 35000 - 45000 £ 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.
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 employer: FTI Consulting
FTI Consulting is an exceptional employer that prioritises professional development and fosters a collaborative, inclusive work culture. As a Collection Specialist in our dynamic FLC Operations team, you will benefit from tailored growth opportunities, mentorship from experienced leaders, and the chance to make a significant impact within a global expert firm. Our commitment to diversity and recognition ensures that every employee feels valued and empowered to excel in their career.
StudySmarter Expert Advice🤫
We think this is how you could land Collection Specialist | FLC Operations
✨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 common questions for Collection Specialists. Practise your responses and think of examples that showcase your problem-solving skills and attention to detail. We want you to shine!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you on their radar.
✨Tip Number 4
Apply through our website for the best chance at landing the job. We love seeing candidates who take the initiative to engage directly with us. Plus, it’s a great way to stay updated on new opportunities!
We think you need these skills to ace Collection Specialist | FLC Operations
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Collection Specialist role. Highlight your experience in corporate collections and any relevant skills that match the job description. We want to see how you can make an impact right from the start!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs. Keep it concise but engaging – we love a good story!
Show Off Your Communication Skills:Since this role requires excellent written and verbal communication, make sure your application reflects that. Use clear language and a professional tone, but don’t be afraid to let your personality shine through!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at FTI Consulting
✨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 aged balances in the past and any specific techniques you used to ensure timely payments.
✨Showcase Your Communication Skills
Since this role involves a lot of client interaction, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated with clients or colleagues to resolve issues, especially in high-pressure situations.
✨Demonstrate Problem-Solving Abilities
Think of specific challenges you've faced in previous roles related to collections. Be prepared to share how you identified problems, the steps you took to resolve them, and the outcomes. This will show your critical-thinking skills and ability to overcome obstacles.
✨Research FTI Consulting
Familiarise yourself with FTI Consulting's services and recent projects. Understanding their approach to crisis management and transformation will help you align your answers with their values and demonstrate your genuine interest in the company.