Description

Alvarez and Marsal (AandM) 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 AandM, 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.

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 relevant data, developing goals and deadlines, reviewing work products of junior staff, and communicating with clients directly. Depending on the client project the responsibilities of a director may typically include:

• Managing engagement economics and overall product delivery, budgeting, and timely billing and collections, including managing the implementation risk and profitability for smaller-scale projects.
• Building, reviewing, and presenting financial models such as 13-week cash-flow forecast, pro-forma analysis, and three-statement financial models to clients.
• Improving client tracking tools and developing KPIs and metrics to identify and quantify quality and operational performance improvement opportunities.
• Demonstrating an understanding of health plan financial and operational drivers with the ability to draw insights, influence decisions, and drive results.
• Participating in industry networking events, engaging with HIG content, and using social media to leverage and enhance our brand and seek other opportunities to build a network.
• Acting as integral member of sales team, developing significant portions of the proposal and pitch documents.
• Effectively leading client project plans and teams including meeting deadlines and managing on-time deliverables.
• Communicating and engaging with clients to foster compatible relationships and provide high-quality updates both written and verbal.
• Providing guidance to manage a client through crisis and/or quick solutions and time frames.
• Managing the performance of project teams, including assigning and delegating project responsibilities and providing on-the-job coaching and constructive feedback.
• 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.
• Engaging in c-suite and board-level conversations regarding the challenges facing clients and strategic initiatives for solving them.
• Developing a clear transition and handing off plans to ensure improvements are sustainable.
• Discussing organizational framework, understanding key functions, and functional interdependencies.
• Developing health plan payer business models that integrate growth, services, and delivery strategies. Managing and mentoring junior staff including training and development.
• Building relationships with existing clients; acting as the main conduit between client and AandM team.
• Seeking opportunities to expand project scope while ensuring differing perspectives are included in business development endeavors.

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 entrepreneurial, action-oriented and results-driven professionals who take a hands-on approach to solving our clients' problems and helping them drive value and growth. We are nimble, resourceful, proactive, can pivot to adapt quickly, when needed, and develop plans that drive real results.

You will be part of a team that is passionate about delivering transformational change and making an impact in the healthcare industry.

How will you grow and be supported?

As a director 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 and expanding your skill set. As part of our team, you will collaborate with many experienced professionals who will provide you with 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 can help 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 a 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: Integrity, Quality, Objectivity, Fun, and Inclusive Diversity. 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 and Marsal offers competitive benefits and opportunities to support your personal and professional development. Click to learn about our commitment to your well-being. AandM 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 AandM is a great place to work.

What are we looking for?

A minimum of Eight (8) years of prior work experience in healthcare, consulting, or the healthcare industry such as health plan finance, accounting, audit, managed care, or healthcare operations with a health plan focus.

BA/BS degree and/or MBA/MS in Accounting, Finance, or other related healthcare fields such as MHA or MPH.

Advanced Microsoft PowerPoint and Word skills a must; experie