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SalaryFTI Consulting is looking for a Billing Specialist to work closely throughout the engagement lifecycle with primary objectives of:
- Insuring timely, accurate and professional invoices are sent to clients
- Month-end close related WIP adjustments are posted
- Reducing the amount of time billable professionals spend on project management administrative tasks
- Insure:
- 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
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.:
- Billing rates are consistent with contract
- Soft costs are consistent with contract
- Anticipated costs, intercompany fees are captured
- Send draft invoice (or proforma if requested) in format requested by MM
- 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 MM 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 MM 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 MM input received
- Review report of unbilled matters for late time and re-adjust if necessary
- Respond to inquiries from revenue recognition team
- Monitor aging A/R and assist the MM and collections analyst in collection efforts
- Additional duties as required
Basic Requirements
- 3+ years of relevant post-graduate professional experience
- Good working knowledge of PC and network environment, word processing, database and spreadsheet software (MS Office preferred)
- Applicants must be currently authorized to work in the United States on a full-time basis; the employer will not sponsor applicants for work visas
- Preferred Qualifications
- Associate college degree or commensurate work experience
- Attention to detail
- Excellent communication skills, including verbal and written
- 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
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Our Benefits
Our goal is to support the well-being of you and your families—physically, emotionally, and financially. We offer comprehensive benefits such as the following:
- Competitive total compensation, including bonus earning potential
- Full package of benefits plans, including medical, dental, and vision coverage along with life and disability insurance
- Generous paid time off
- Company matched 401(k) retirement savings plan
- Potential for flexible work arrangements
- Generous paid parental leave and flex return support
- Family care benefits, including back-up child/elder care
- Employee wellness platform
- Employee recognition programs
- Paid time off for volunteering in your community
- Corporate matching for charitable donations most important to you
- Make an impact in our communities through company sponsored pro bono work
- Professional development and certification programs
- Free in-office snacks and drinks
- Free smartphone and cellular plan (if applicable)
- FTI Perks & Discounts at retailers and businesses
- Upscale offices close to public transportation
About FTI Consulting
FTI Consulting is a global business advisory firm dedicated to helping clients with their most significant opportunities and challenges. With more than 8,000 employees located in 31 countries, our broad and diverse bench of award–winning experts advise their clients when they are facing their most significant opportunities and challenges. At FTI Consulting, we embrace, cultivate and maintain a culture of diversity, inclusion & belonging, which are fundamental components to our core values. FTI Consulting is publicly traded on the New York Stock Exchange and has been named the #1 Professional Services Firm on Forbes List of America’s Best Employers and the best firm to work for by Consulting Magazine. For more information, visit www.fticonsulting.com and connect with us on Instagram 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.
