Project Assistant

FTI Consulting • Washington, DC

3d • $72,500 - $143,000 • Onsite

About The Position

Support the lifecycle of an engagement, including setting up new matters in our accounting system, engaging with matter owners to assess risk, helping to drive timely billing and collections, engaging with Core Accounting and Segment Finance to assist with revenue recognition, and closing matters when completed.

Requirements

• 5+ years overall experience in engagement management, including billing and collections, in a law firm or other professional services environment.
• Excellent working knowledge of PC and network environments and advanced knowledge of 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.

Nice To Haves

• BS/BA degree

Responsibilities

• Work closely with internal and client facing teams throughout the project lifecycle
• Ensure timely, accurate and professional invoices are prepared and sent to clients
• Reduce amount of time billable professionals invest in project management and administrative tasks
• Reduce DSO and bad debt
• Review New Matters for Assigned Engagement Leaders
• Ensure project set up is consistent with LOE terms
• Set up necessary activity codes
• Prepare retainer invoice, if required
• Prepare Draft Invoice
• Ensure rates are within ranges cited in LOE
• Process write downs/ups
• Apply administrative fee consistent with LOE terms
• Ensure payment terms consistent with LOE
• Check invoice format for professionalism
• Ensure draft invoice is accurate before submitting for review
• Finalized and Issue Invoice
• Issue final invoice and distribute to the client
• Gather any additional approvals, if necessary
• Save appropriate audit backup in project folder
• Engagement Management, including Risk Assessment
• Review and follow up on aging WIP and A/R for assigned projects
• Initiate monthly WIP billing
• Prompt and assist with AR collection or write-offs
• Review and process outside contractor invoices
• Regularly review status of e-billed projects
• Interface with client facing professionals and Segment Finance staff to assist with risk assessment as part of monthly close process

Benefits

• 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 This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree