Senior Consultant, Healthcare Services - MedTech - Alvarez & Marsal Healthcare Industry Group, LLC in : Job Details

Senior Consultant, Healthcare Services - MedTech (Finance)

Description

Alvarez & Marsal (A&M) is a premier, independent, global professional services firm specializing in advising organizations on solving complex business problems, including turnaround management, restructuring, operational and financial performance improvement, strategy and value creation.

The Healthcare Industry Group, a subsidiary of A&M, is at the forefront of delivering transformational change to the healthcare industry. Known as an established leader that delivers tangible results for healthcare executives, boards, private equity firms, investors, law firms and government agencies, our professionals advise organizations on financial and operational performance improvement, strategic growth and unlocking value across the investment lifecycle. Our team provides additional expertise in interim management, restructuring, revenue cycle management, mergers and acquisitions, compliance and regulatory, digital technology and analytics.

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, and life sciences.

HIG's Healthcare Services practice (HCS), with offices throughout the US, focuses on serving private equity firm's portfolio companies and public and private healthcare companies. Our HCS services include performance improvement/operational turnarounds, cost optimization, M&A services, finance operations, and interim management (including CFO services):

• Performance Improvement/Operational Turnaround: We draw on deep operational heritage and proven approaches to assess businesses and identify key areas impeding performance quickly and effectively.
• Cost Optimization: A&M's cost optimization program focuses on quickly identifying high-impact opportunities for EBITDA and cash flow improvements across the entire cost structure.
• M&A Services: A&M supports companies throughout the M&A lifecycle, including conducting operational/synergy due diligence, integration planning and execution.
• Finance Operations: A&M drives improvement to its clients' finance operations, including management reporting and optimization of the month-end close process.
• Interim Management: In select instances, one of HCS's experienced operators may step into an interim role to drive change while a full-time replacement is being recruited.

What will you be doing?

As a Senior Associate you will be working closely with healthcare clients, many of which will be centered around the MedTech and medical device space, on a range of complex assignments. You will use your independent judgement and critical thinking skills to gather data, design practical solutions and drive financial and operational improvements to add value based on client needs. Responsibilities may typically include:

• Quickly identifying and implementing opportunities to significantly reduce cost structure by redesigning org structures and minimizing/eliminating non-value-added tasks.
• Reviewing Go to Market strategies including portfolio assessments, pricing, sales compensation plans, and competition.
• Building and managing financial models and conducting financial and operating analyses.
• Providing project management assistance and overall governance support to clients.
• Utilizing project management tools and templates to track activities and progress against client initiatives.
• Leveraging tools to provide efficient solutions on behalf of the client.
• Providing guidance to manage a client through crisis and/or quick solutions.
• Developing operational data analysis to develop KPI metrics to track and drive meaningful change.
• Effectively summarizing, drawing conclusions and creating recommendations from large data sets.
• Leading various work streams within a project.
• Preparing client-ready deliverables and presentations.
• Coaching and mentoring junior staff.
• Building relationships with clients and seeking opportunities to expand the scope of business.

Who will you be working with?

We are entrepreneurial, action-oriented and results-driven professionals who take a hands-on approach to solving our clients' problems. You will be part of a team that is passionate about delivering transformational change and making an impact in the healthcare industry.

Who are we looking for?

We are seeking someone with an entrepreneurial and collaborative mindset who will manage ambiguity and thrive in a fast-paced environment. As a Senior Associate you will demonstrate leadership, integrity and objectivity when interacting with clients:

General Skills:

• High energy individuals with a passion for healthcare.
• A minimum of six (6) years of prior work experience in healthcare and a MedTech focus.
• Advanced Microsoft PowerPoint and Excel skills; experience with Visio, Tableau or Power BI is a plus.
• Solid project management and organizational skills.
• Working knowledge of the MedTech industry.
• Prior experience working with PE firms.
• Ability to coach and mentor junior staff.
• Excellent verbal and written skills.
• Willingness and ability to travel as required.
• BA/BS degree and/or MBA/MS in Accounting, Finance, or related fields.

How will you grow and be supported?

As a Senior Associate within the Healthcare Industry Group, you will have the opportunity to take your career to the next level by gaining invaluable industry experience while enhancing your skillset. We offer a variety of training programs and ongoing support to ensure your professional growth.

Compensation Statement

The annual base salary range is $125 - $150k commensurate with experience.

Benefit Summary

Regular employees working 30 or more hours per week are entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, 401(k) retirement plan, and paid time off.

Alvarez & Marsal recruits on an ongoing basis. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.