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FTI Consulting, Inc.
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Collections Specialist
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$43k-54k (estimate)
Full Time 1 Week Ago
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FTI Consulting, Inc. is Hiring a Collections Specialist Near Chicago, IL

Who We Are

FTI Consulting is the world's leading expert-driven consulting firm. Over the last 40 years, FTI Consulting experts have served as the trusted advisor to Fortune 500 companies and the world's leading law and private equity firms when they are facing their greatest opportunities and challenges. Our strong performance and continued success are a direct reflection of the ambition, energy, and commitment of our talented professionals across the globe to make a positive impact for our clients and communities.

At FTI Consulting, you'll be inspired and empowered to make an impact on headline matters that change history. Working side by side with the world's leading experts in your field, you'll be surrounded by an open collaborative culture that embraces diversity, recognition, professional development and most importantly, you.

There's never been a more exciting time to join FTI Consulting and this is where you will do the most exciting and fulfilling work of your career.

Are you ready to make an impact?

About The Role

The Collections Specialist will bring a strong corporate collections background to the operations group to facilitate timely payments from a growing customer base. The candidate must be detail oriented, organized, able to work independently and as part of a team of billing professionals. Excellent interpersonal skills are essential as the position requires contact with all levels of engagement professionals internally and externally.

What You'll Do

* Accountable for reducing delinquency for client accounts to reduce company DSO (Days Sales Outstanding)

* Establish methodological process for continuously canvassing all aged AR and performing routine follow-ups and check-ins to ensure timely payments

* Maintain meticulous notes and comments on all accounts via the system and various trackers

* Prepare and present reports on collection activities and progress

* Proactively establish contact points with clients' Accounts Payable contact(s) 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, vendor setups, etc.)

* Collaborate with relationship managers where appropriate to facilitate client payments

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

Basic Qualifications

* 3 years' experience in collections

* Working knowledge of MS Office including advanced knowledge of MS Excel

* 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

* Knowledge of Billing and Collections procedures

* Knowledge of various collection techniques

* Strong attention to detail, goal oriented and organized

* Able to establish sound processes and routines

* Self-motivated and able to work independently

* Excellent written and verbal communication skills

* Problem-solving and critical-thinking skills

* Ability to remain focused and on task in a fast-paced environment

* Manage time effectively and adapt quickly to changing priorities

#LI-YK1

#LI-Remote

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.

Additional Information

* Job Family/Level: Core Operations Level 2 - Tier 1

* Citizenship Status Accepted: Not Applicable

* Exempt or Non-Exempt?: Exempt

Compensation

* Minimum Pay: 71500

* Maximum Pay: 119500

Job Summary

JOB TYPE

Full Time

SALARY

$43k-54k (estimate)

POST DATE

04/18/2024

EXPIRATION DATE

05/04/2024

WEBSITE

fticonsulting.com

HEADQUARTERS

OAKLAND, CA

SIZE

3,000 - 7,500

FOUNDED

1982

CEO

BALLARD TIM

REVENUE

$1B - $3B

INDUSTRY

Business Services

Related Companies
About FTI Consulting, Inc.

FTI Consulting, Inc. is an independent global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. FTI Consulting professionals, located in all major business centers throughout the world, work closely with clients to anticipate, illuminate and overcome complex business challenges and opportunities.

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The following is the career advancement route for Collections Specialist positions, which can be used as a reference in future career path planning. As a Collections Specialist, it can be promoted into senior positions as a Collections Representative III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collections Specialist. You can explore the career advancement for a Collections Specialist below and select your interested title to get hiring information.

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If you are interested in becoming a Collections Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Collections Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Collections Specialist job description and responsibilities

Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers.

02/26/2022: New York, NY

Collections specialists are responsible for managing overdue accounts for an organization.

12/16/2021: Port Arthur, TX

They prepare official receipts and coordinate with account payable specialists from other companies with pending payables.

01/03/2022: Omaha, NE

remind the clients for the overdue payment

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Contact clients for overdue outstanding payment

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Collections Specialist jobs

Build an optimized Collections Specialist resume quickly and easily using administrative skills.

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Collections specialists must be able to approach each conversation as a fresh start without carrying over any emotions from previous calls.

02/04/2022: Idaho Falls, ID

These more advanced collection specialists must know, understand, and follow federal guidelines for these actions.

02/03/2022: Elkhart, IN

Learn excellent knowledge of billing procedure

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Relevant work experience as a Collections Specialist are prefered

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Step 3: View the best colleges and universities for Collections Specialist.

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