Collection Specialist | FLC Operations in London

Collection Specialist | FLC Operations in London

London Full-Time 30000 - 40000 £ / year (est.) No working from home possible
FTI Consulting

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 career 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.

About The Role

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

At FTI Consulting, we pride ourselves on being a leading global expert firm that not only tackles the most pressing challenges faced by top multinational corporations but also fosters a vibrant and inclusive work culture. As a Collection Specialist in our dynamic FLC Operations team, you will benefit from extensive professional development opportunities, a supportive environment with dedicated mentorship, and the chance to make a tangible impact from day one. Our commitment to diversity and recognition ensures that every employee feels valued and empowered to grow their career in a collaborative setting.

FTI Consulting

Contact Details:

FTI Consulting Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Collection Specialist | FLC Operations in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

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We think you need these skills to ace Collection Specialist | FLC Operations in London

Corporate Collections
Accounts Receivable Management
Client Communication
Problem-Solving Skills
Organisational Skills
Interpersonal Skills
Customer Service

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to FTI Consulting.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on FTI Consulting's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at FTI Consulting

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with FTI Consulting.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at FTI Consulting will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former FTI Consulting employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.