Billing Specialist

Andersch Ag; New York, Northern (NY, KY); Hybrid; USD 73,000 - 143,000; Full time

Job summary

FTI Consulting is seeking a Billing Specialist I to partner with Project Managers through the engagement lifecycle, ensuring timely and accurate invoices and related WIP adjustments. The role aims to reduce billing administrative tasks and support the monthly revenue close process.

Ideal candidates will have strong attention to detail, excellent communication, and the ability to prioritize multiple tasks under tight deadlines. Travel to client sites and FTI offices is required.

Qualifications

• Associate’s degree or commensurate work experience.
• 1+ years of billing experience.
• Strong working knowledge of Microsoft Excel and other Office applications.
• Familiarity with time-and-expense billing models and engagement-based invoicing.
• Travel required to clients and to FTI office(s).
• Applicants must be currently authorized to work in the United States for any employer on a full-time basis; this position does not provide visa sponsorship.

Responsibilities

• Project Setup and Maintenance: Ensure contract terms are captured in financial systems and information for billing is documented.
• Assistance with Monthly Revenue Close: Review WIP and PM input for realization and adjustments.
• Additional Duties: Monitor aging A/R and assist collections as needed.

Skills

Billing experience

Excel proficiency

Attention to detail

Verbal and written communication

Time management

Education

Associate’s degree

Tools

Microsoft Excel

Job description

Who We Are

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. Are you ready to make your impact?

About The Role

FTI Consulting is looking for a Billing Specialist I to work closely with Project Managers (PM’s) throughout the engagement lifecycle with primary objectives of:

• Ensuring timely, accurate, and professional invoices are sent to clients and month-end close related WIP adjustments are posted
• Reducing the amount of time billable professionals spend on project management administrative tasks

The ideal candidate for this role will have:

• Strong 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
• Ability to work flexibly under tight deadlines and handle multiple tasks through prioritization and time management skills

What You’ll Do

• Project Setup and Maintenance
  • Ensure: 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 Ensure 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 PM Process write-downs/ups as required, with proper approval Input PM invoice edits Finalize/send invoice to client, including e-billing system as applicable, with PM approval Employ appropriate formatting and ensure 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 PM 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 PM input received
  • Review unbilled projects for late time and re-adjust if necessary
  • Respond to inquiries from revenue recognition team
• Additional Duties
  • Monitor aging A/R and assist the PM and collections analyst in collection efforts
  • Additional duties as required

What You Will Need To Succeed

• Basic Qualifications
  • Associate’s college degree or commensurate work experience
  • 1+ years of billing experience
  • Strong working knowledge of Microsoft Excel and other Office applications
  • Familiarity with time-and-expense billing models and engagement-based invoicing
  • Travel required to clients and to FTI office(s)
  • Applicants must be currently authorized to work in the United States for any employer on a full-time basis; this position does not provide visa sponsorship
• Preferred Qualifications
  • Experience in a professional services or consulting environment is a plus

Compensation

• Minimum Pay: $72,500
• Maximum Pay: $143,000
• Compensation Disclosure: The compensation range reflects potential base salary for the role. Actual compensation is determined based on a wide array of relevant factors including market considerations, business needs, and an individual’s location, skills, level of experience, and qualifications.

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.

Learn more about the work we do and how we're helping clients around the world turn their biggest challenges and opportunities into stories of success. Learn more about our impact.

We are committed to creating an inclusive culture where our people can grow and achieve their full potential. To learn more about FTI Consulting, visit www.fticonsulting.com/careers and connect with us on Instagram and LinkedIn.