Director, Healthcare Consulting Jobs

Description

Director – HIG

Alvarez & Marsal (A&M) is a premier independent global professional services firm specializing in providing turnaround management, restructuring, performance improvement and corporate advisory services.

The Healthcare Industry Group (HIG), a subsidiary of A&M, is an established leader known for delivering tangible results for healthcare c-suite executives, boards, private equity firms, investors, law firms and government agencies that are facing complex challenges. We are at the forefront of delivering transformational change to the healthcare industry. Our professionals advise our clients on financial, operational and market performance by assessing all aspects of their operations and providing comprehensive services, including analyzing revenue and financial information, conducting process reviews, identifying key business drivers, and managing risk and compliance issues. HIG also provides services such as revenue cycle management, mergers and acquisitions, compliance and regulatory, information technology and interim management.

You will have the opportunity to work with clients in a variety of sectors including health systems and providers, physician groups, ancillary providers, medical schools, vision, laboratory, dental and behavior health; managed care and health plans, government plans and programs, healthcare investors and lenders, medical devices, healthcare suppliers and infrastructure, life sciences, pharma, and biotech.

What will you be doing?

As a Director you will be leading a team and acting as the main conduit between Healthcare clients and our team on a range of complex assignments. You will manage projects by overseeing interview activities, gathering of relevant data, developing goals and deadlines, reviewing work product of junior staff and communicating with clients directly. Depending on the client project the responsibilities of a Director may typically include:

• Improving client tracking tools and developing KPIs and metrics to identify and quantify quality and operational performance improvement opportunities
• Managing and mentoring junior staff including training and development
• Building, reviewing and presenting appropriate financial models such as 13-week cash-flow forecast, pro-forma analysis and three statement financial models to clients
• Communicating and engaging with clients to foster compatible relationships and provide high quality updates both written and verbal
• Managing performance of project teams, including assigning and delegating project responsibilities and providing on-the-job coaching and constructive feedback
• Engaging in c-suite and board level conversations regarding the challenges facing clients and strategic initiatives for solving them
• Effectively managing client project plans and teams including meeting deadlines and managing on time deliverables
• Providing guidance to manage a client through crisis and/or quick solutions and time frames
• Acting as integral member of sales team developing significant portions of proposal and pitch documents
• Developing transition and hand off plans to ensure that improvements are sustainable
• Building relationships with clients and seeking opportunities to expand the scope of business while generating leads
• Knowledge of engagement economics and overall product delivery, budgeting, and timely billing & collections including managing the implementation risk and profitability for smaller scale projects
• Utilizing your experience and expertise to effectively function in interim roles (e.g., CEO, CFO, COO, other)
• Swiftly identifying and resolving root causes of client issues while understanding the importance of urgency and accuracy of redesigning processes and developing solutions to achieve client goals

We are seeking someone to join our team with an entrepreneurial and collaborative mindset who will manage ambiguity and thrive in a fast-paced environment. As a Director you will have the opportunity to develop a team environment where you and your team members embrace a commitment to quality work and continuous improvement. You will use your judgment to assign and delegate project responsibilities while balancing the need for efficiency and providing on the job training opportunities to further develop staff skillsets.  

Who will you be working with?

We are not your typical consulting firm. We are a group of entrepreneurial, action oriented and results oriented professionals who take a hands-on approach to solving our clients’ problems and helping them reach their full potential. We are nimble, resourceful, and proactive but will adapt quickly when changes are needed. Together, we are known for developing implementation plans that drive real results.

You will be part of a team that is passionate about and known for delivering transformational change to the healthcare continuum through our consulting, advisory and interim management services in financial and operational performance improvement, strategy, merger & acquisition, and turnaround.

How will you grow and be supported?

As a Director within the Healthcare Group, you will have the opportunity to take your career to the next level by gaining invaluable industry experience while enhancing and expanding your skillsets. As a leader within our team, you will collaborate with many experienced professionals and will provide developmental feedback and growth opportunities.

We work with each of our employees to develop a customized career development plan to ensure you are matched with professional development opportunities that meet your unique needs and accelerate your development. We offer a variety of live and virtual training programs, access to best-in-class on-demand training, ongoing on-the-job coaching, a transitional coach to help you acclimate to the practice, and partnership with a mentor who will guide you through your career.

Our Healthcare team prides itself on sustaining a culture that reflects our core values. We value integrity, quality and objectivity in our work. We like what we do and with whom we do it. We embrace diversity, foster inclusiveness and reward merit. We encourage and support our employees and communities through ongoing investments from leadership, social and networking events, peer-to-peer networks, Employee Resource Groups, volunteer opportunities and pro-bono work. We are committed to promoting an inclusive environment in which all can develop, grow and be supported.

Alvarez & Marsal offers competitive benefits and opportunities to support your personal and professional development. Click to learn about our commitment to your well-being. A&M recognizes that our people drive our growth, and you will be provided with the best available training and development resources through formalized training and on the job training. Learn more about why A&M is a great place to work.

What are we looking for?

• Professional certifications such Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or demonstrated progress toward such certifications preferred
• Willingness and ability to travel as required
• Experience with managing client engagements, deliverables and workstreams while mentoring junior staff
• Ability to identify key operational performance drivers, cash flow forecasting, and flexibility to support clients with a broad array of issues
• Advanced Microsoft PowerPoint and Word skills a must; experience with Tableau, SQL, SPSS, Power BI, Action O-I benchmarking, MGMA survey data a plus
• BA/BS degree and/or MBA/MS in Accounting, Finance, or other related healthcare fields such as MHA or MPH
• Working knowledge of healthcare industry, including a fundamental understanding of healthcare finance, operations, valuation and various laws and regulations
• A minimum of Eight (8) years of prior work experience in healthcare, consulting or healthcare industry such as healthcare banking, accounting, audit, private equity, managed care, health plans or healthcare operations with a healthcare focus
• Advanced level of Excel proficiency and experience in financial modeling and analysis with the ability to build 13-week cash flow forecast and three statement model from scratch
• High energy individuals and leaders with a passion for healthcare and solving complex issues
• Excellent verbal and written skills, with the ability to communicate with and present information to all levels of client personnel

Compensation Statement:

The annual base salary range is $160 – $180k commensurate with experience. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance.  Please ask your recruiter for details