Director, Healthcare Services - MedTech

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.

We are not your typical consulting firm. We are a group of entrepreneurial, results-oriented professionals who take a hands-on approach to solving our clients’ problems. Our key differentiation in the marketplace is the combination of “know-how” and “do-how”.

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.

What will you be doing?

As a Director, you will be a “player-coach” – leading a team and acting as the main conduit between Healthcare clients and our team on a range of complex assignments, many of which will be centered around the MedTech and medical device space. You are responsible for end-to-end delivery of projects, including overseeing interview activities, gathering relevant data, modeling, creating valuable insights and deliverables, 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 include :

• Quickly identifying and implementing opportunities to significantly reduce cost structure by redesigning org structures, identifying and minimizing / eliminating non-value-added tasks and refocusing the business on most value added tasks.
• Reviewing Go to Market strategies including portfolio assessments, pricing, sales compensation plans, sales force effectiveness, call points and competition.
• Rapidly building and managing financial models and conducting financial and operating analyses (standalone and synergy analyses, synergy and one-time cost tracking, carve-out financials and / or pro forma financial statements).
• Providing project management (PMO) assistance and overall governance support to clients through a cost-takeout, transaction and / or integration process.
• Utilize and / or create project management tools and templates to track activities and progress against client initiatives and associated timelines (e.g., Smartsheet).
• Leverage tools to provide efficient solutions on behalf of the client such as Smartsheet, Lucid, PowerBI, and Generative AI.
• Providing guidance to manage a client through crisis and / or quick solutions and time frames by assisting in structuring and executing on a performance improvement plan.
• Developing operational data analysis to develop KPI metrics to track and drive meaningful change. Conducting client interviews to gain an understanding of and evaluate aspects of client situation and operations.
• Effectively summarizing, drawing conclusions and creating recommendations from large data sets or analyses.
• Leading various work streams within a project, including managing day-to-day engagement priorities with guidance from senior leaders.
• Preparing client-ready deliverables and presentations; making presentations to clients.
• Coaching and mentoring junior staff both formally and informally.
• Building relationships with clients and seeking opportunities to expand the scope of business.
• Supporting marketing initiatives by assisting with the pitch preparation process and creation of marketing materials.
• Helping to build product and service offering tools and templates.

Who are we looking for?

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. We are looking for :

General Skills :

Commercial Skills :

Operational Skills :

How will you grow and be supported?

As a Director within the Healthcare Industry Group focused on MedTech, 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 create a customized career development plan to ensure you are matched with professional growth opportunities that meet your unique needs and accelerate your career.

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 : 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.

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.

Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Click here for more information regarding A&M’s benefits programs.

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Salary : $160,000 - $180,000