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Compass Lexecon

Specialist, Accounts Receivable

London
Posted about 23 hours ago
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Who We Are

Compass Lexecon is a world-leading economic consultancy. We advise on economic issues related to competition policy, economic and financial regulation, public policy, intellectual property, and the assessment of damages, across all industries.

With more than 700 professionals, including 170+ Ph.D. economists, based in 25 offices around the world, Compass Lexecon offers a global perspective on economic matters. Our economists produce creative, compelling solutions, underpinned by rigorous economic thinking and cutting-edge analysis. We have advised clients in matters before regulatory agencies and courts in over 120 jurisdictions.

An exciting opportunity has arisen in our International Finance team for an Accounts Receivable Specialist.

This role is ideally suited to someone who is experienced in accounts receivable (AR) collection activities, ideally within a professional services environment, is fully conversant in work in progress (WIP), billing and AR, who possesses excellent communication, organisational and time management skills. The individual in this role will target day sales outstanding (DSO) reduction through effective, professional AR collection and assist with the timely WIP to AR conversion process.

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I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Experience of WIP and AR in a matrix structured organisation is preferred but not essential, additionally experience in professional services would be beneficial. Compass Lexecon is keen to invest in this role by offering study support and attractive benefits.

Key Responsibilities

  • Conduct AR collection directly with clients to reduce DSO and enhance cashflow (note: AR collection is often between intermediaries, primarily law firms, due to the nature of the consulting work and the professional services sector).
  • Review client AR balances with internal Project Managers to drive collections.
  • Reconcile accounts and resolve queries and discrepancies.
  • Escalate bad debts on a timely basis to senior management for resolution.
  • Run AR collections and cash reporting, distribute outputs to various stakeholders in the business.
  • Work with the Corporate Finance team to recognise revenue on projects by managing LOE documentation.
  • Distribute client management reports covering WIP and AR balances.
  • Manage client and vendor setup processes, ensuring accurate and timely onboarding.
  • Collaborate with the EMEA Billing Team to coordinate and implement changes to client invoices.
  • Assist with ad hoc finance team projects as required, particularly those that enhance the AR process.

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Experience/Skills Required

  • A number of years of AR collection experience gained within a professional services environment.
  • Experience working with international or multi-currency accounts.
  • Professional approach to chasing outstanding AR with blue chip clients.
  • Strong Excel and financial systems knowledge.
  • Excellent communication and stakeholder management skills.
  • Able to work under pressure to manage multiple priorities.
  • A team player, demonstrable experience of working in a close finance team.
  • Organised and professional approach to reminding internal clients regarding outstanding AR balances.
  • Knowledge of eBilling platforms would be desirable.
  • Fluency in English language is essential.
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Location

London, England, United Kingdom

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