Senior Consultant, Hospitals & Health Systems | Dallas, TX, USA
Job
Alvarez & Marsal
Dallas, TX (In Person)
$150,000 Salary, Part-Time
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Job Description
Senior Consultant, Hospitals & Health Systems Description About Alvarez & Marsal Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action and results-oriented professionals. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are why our people love working at A&M. The Team The Healthcare Industry Group, a subsidiary of A&M, leads transformational change in healthcare. As established leaders and trusted advisors, we deliver results for healthcare executives, boards, private equity firms, investors, law firms, and government agencies. Our team brings diverse perspectives and experiences to assist clients with enhancing financial and operational performance, accelerating strategic growth, and optimizing value throughout the investment lifecycle. We provide specialized services in interim management, restructuring, revenue cycle management, M&A, compliance, digital technology, and analytics. Our professionals collaborate with a wide range of organizations, including health systems, physician groups, medical schools, behavioral health institutes, managed care organizations, healthcare investors, medical device companies, and suppliers, as well as vision centers, dental practices, and laboratories. How you will contribute As a Senior Consultant you will be working closely with healthcare clients on a range of complex assignments. You will work in a team environment while using your independent judgement and critical thinking skills to gather data, frame situations and provide practical solutions to add value based on client needs. The position is a unique opportunity to develop and grow key skills in the diverse and ever-changing Healthcare Industry. This role requires a flexible clear thinker with an aptitude for design and eye for "zero-defect" work. While this role is primarily client-facing and operational, the Senior Consultant will also be expected to support marketing, R D and additional roles as the client may request it. Depending on the client project the responsibilities of a Senior Consultant may typically include:
- Building and managing financial models, conducting financial and operating analyses, drafting pro-forma financial statements, and producing financial and operational analysis reports relating to client performance (e.g. cash flows, projection models, operational metric reports, etc).
- Develop operational data analyses to establish key performance indicators (KPIs) and metrics for client performance monitoring and improvement.
- Effectively summarizing, drawing conclusions, and creating recommendations from large data sets or analyses
- Prepare client-ready deliverables and presentations; making presentations to clients.
- Coach and mentor junior staff both formally and informally.
- Support marketing initiatives by assisting with the pitch preparation process and creation of marketing materials.
- Produce ad-hoc reports relating to latest healthcare industry trends and sub-sector intelligence
- Analyze data and producing concise and ad-hoc reports pertaining to client services (i.e. benchmarking, competitive analyses, etc.)
- Contribute to the development and refinement of A&M's healthcare service offerings, including the creation of tools, templates, and best practice guides.)
- Working as a partner to our clients by building consultative relationships
- Develop an in-depth understanding of the client's processes, financial positions, and key operational performance drivers in order to surface and address key issues, from the big picture to the smallest details. Relying on your ability to communicate and problem solve, you will present your analyses and insights to a variety of audiences.
- Conducting client interviews to gain an understanding of and evaluate aspects of client situations and operations.
- Leading various work streams within a project, including managing day to day engagement priorities and timelines with guidance from senior leaders.
- Building relationships with clients and seeking opportunities to expand the scope of business.
- A minimum of five (5) years of prior work experience in healthcare, consulting, finance, or healthcare industry such as healthcare banking, accounting, audit, private equity, managed care, health plans or healthcare operations with a healthcare focus
- BA/BS degree and/or MBA/MS in Accounting, Finance, or other related healthcare fields such as MHA or MPH
- Professional certifications such as Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or demonstrated progress toward such certifications is a plus.
- Advanced level of Excel proficiency and experience in financial modeling with the ability to build 13-week cash flow forecast and three statement model from scratch.
- Advanced Microsoft PowerPoint and Word skills a must; experience with Tableau, SQL, Power BI, Action O-I benchmarking, MGMA survey data is a plus.
- Solid project management and organizational skills.
- Working knowledge of healthcare industry, including a fundamental understanding of healthcare finance, operations, valuation and various laws and regulations.
- Ability to work independently with a self-starter attitude.
- Ability to use sound judgment and escalate project issues to project managers or engagement leaders.
- Ability to supervise, coach, and mentor junior staff.
- Excellent verbal and written skills, with the ability to communicate with and present information to all levels of client personnel.
- Willingness and ability to travel as required.
- High energy and self-driven individuals with a passion for healthcare and solving complex issues.
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