Director, Healthcare Services

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.

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 a “player-coach” – leading a team and acting as the main conduit between Healthcare clients and our team on a range of complex assignments. You are responsible for end-to-end delivery of projects, including overseeing interview activities, gathering relevant data, creating 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 :

• Providing guidance to manage a client through crisis and / or quick solutions and time frames by structuring and executing on a performance improvement plan.
• 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.
• Leading clients through the full M&A lifecycle, including operational / synergy due diligence and integration planning and execution.
• Optimizing client's month-end close process and management reporting functions to better support ongoing management decisions.
• Building, reviewing and presenting appropriate 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.
• Knowledge of engagement economics and overall product delivery, budgeting, and timely billing & collections including managing the implementation risk and profitability for smaller-scale projects.
• 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.
• Utilizing your experience and expertise to effectively function in interim roles (e.g., CEO, CFO, COO, other).
• Developing transition and hand off plans to ensure that improvements are sustainable.
• Acting as integral member of sales team developing significant portions of proposal and pitch documents.
• Building relationships with clients and seeking opportunities to expand the scope of business while generating leads.
• Managing and mentoring junior staff including training and development.

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. 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 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. 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.

Who are we looking for?

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.

Diversity & Inclusion

A&M’s entrepreneurial culture celebrates independent thinkers and doers who can 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 the main reasons our people love working at A&M.

Equal Opportunity Employer

It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination.

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Salary : $160,000 - $180,000