Operations - Billing Specialist and Project Assistant
Posted January 01, 2023
Apply: FTI Consulting, Inc.
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,400 employees located in 26 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring.
Our professionals are some of the most experienced leaders in their fields including: certified turnaround professionals, forensic accountants, corporate investigation specialists, intellectual property specialists, former political leaders, former chief executives, Nobel Laureate economists, banking and securities professionals, certified public accountants, e-discovery professionals, corporate, financial and crisis communications specialists, chartered financial analysts and industry experts. Since our founding in 1982, clients have turned to us for high-stakes issues that require specialized expertise. FTI Consulting was engaged to work on some of the biggest news stories of the last two decades including the Bernie Madoff investment securities scandal, the Stanford Financial Group investigation, the 2010 Gulf oil spill crisis, the Major League Baseball steroid investigation, and high profile corporate restructurings including Lehman Brothers, General Motors and CIT, just to name a few.
FTI Consulting continually strives to offer employees and eligible dependents, including domestic partners and eligible domestic partner children, a competitive and comprehensive benefits package.
FTI Consulting does not accept unsolicited resumes from external firms or agencies.
FTI Consulting will not be responsible for placement fees associated with unsolicited resumes.
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.
About Strategic Communications:
Our Strategic Communications segment designs and executes communications strategies for management teams and boards of directors to help them seize opportunities, manage financial, regulatory and reputational challenges, navigate market disruptions, articulate their brand, stake a competitive position, and preserve and grow operations. We believe our integrated offerings, which include a broad scope of services, deep industry expertise and global reach, are unique and distinguish us from other strategic communications consultancies.
About The Opportunity:
FTI Consulting is looking for a Billing Specialist I to work closely with Billing Timekeepers (BTK's) throughout the engagement lifecycle with primary objectives of:
Matter Setup and Maintenance
- Insure:
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- Contract terms are captured accurately in the Financial Systems (e.g., fee arrangement, rates, soft costs)
- Necessary approvals are documented and archived
- Amendments to contract terms are flagged and necessary supporting documentation is obtained and archived
- Necessary information for billing is documented (e.g., client contact info, e-billing system and/or MSA requirements)
- Information necessary for revenue recognition is archived
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Prepare and Send Invoice to Client
- Invoice retainers, fixed fees or hourly engagements consistent with contract terms
- Insure accuracy of data in proforma/draft invoice, e.g.:
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- Billing rates are consistent with contract
- Soft costs are consistent with contract
- Anticipated costs, intercompany fees are captured
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- Send draft invoice (or proforma if requested) in format requested by BTK
- Process write downs/ups as required, with proper approval
- Input BTK invoice edits
- Finalize/send invoice to client, including e-billing system as applicable, with BTK approval
- Employ appropriate formatting and insure professional presentation
- Monitor bounce backs and troubleshoot
- Archive all directions/approvals required for control/audit purposes
Assistance with Monthly Revenue Close Process
- Review assigned matter WIP and obtain BTK input regarding expected realization of overage, project fees in excess of contractual amount, hourly work above and beyond agreed cap
- Record the necessary WIP adjustment based on BTK input received
- Review report of unbilled matters for late time and re-adjust if necessary
- Respond to inquiries from revenue recognition team
Additional Duties:
- Monitor aging A/R and assist the BTK and collections analyst in collection efforts
- Additional duties as required
Skills Required:
- Attention to detail
- Excellent communication skills, including verbal and written
- Good working knowledge of PC and network environment, word processing, database and spreadsheet software (MS Office preferred)
- Good interpersonal skills, including being a team player with capacity to work with diverse team members
- Organizational skills, including ability to prioritize
- Flexibility - ability to work under tight deadlines; ability to handle multiple tasks through prioritization and time management skills
Education/Experience Requirements:
- Associate college degree or commensurate work experience
- COVID Vaccine required*
*Individuals seeking an exemption from this requirement for medical or religious reasons should complete a request for accommodation form and submit the form to your recruiter.
Our Benefits
Apart from the well-structured career path and excellent team environment, our employees enjoy a variety of perks and benefits. Our benefits include, but are not limited to:
- Competitive salary and bonus plans
- Generous paid holidays, time off and parental leave
- Full package of benefits plans
- Company matched 401K
- Annual paid volunteer hours
- Corporate matching for charitable donations
- Potential for flexible working arrangements
- Free snacks and drinks
- Upscale offices close to public transportation
- Pet insurance
About FTI Consulting
What makes us unique? With more than 6,250 employees located in offices in every corner of the globe, we are the firm our clients call when their most important issues are at stake. Regardless of what level you are, you will have the opportunity to work alongside and learn from top experts in your field on high-profile engagements that impact history. Our culture is collaborative, and we value diversity, recognition, development and making a difference in our communities.
FTI Consulting is publicly traded on the New York Stock Exchange and has been recognized as a Best Firm to Work For by Consulting magazine and one of America's Best Management Consulting Firms by Forbes . For more information, visit www.fticonsulting.com and connect with us on Twitter ( @FTIConsulting ), Facebook and LinkedIn .
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.