DESCRIPTION/RESPONSIBILITIES: HIGs Healthcare Services practice (HCS), with offices throughout the US, focuses on serving private equity firms portfolio companies and public and private healthcare companies. Our HCS services include technology assessment (including systems, products, process, data, security, team), performance improvement/operational turnarounds, cost optimization, MandA services, finance operations, and interim management (including CFO services):

Technology Assessment: Whether for due diligence, self-assessment, or transformation objectives we support the review and analysis of platform, data and system architectures, and related applications / products, integrations, infrastructure, processes (PLC, SDLC, compliance), data (architecture, governance, BI, etc.), security, IT teams for scale, capability, cost, resilience, maintainability risk related issues and value opportunities

Performance Improvement/Operational Turnaround: Whether serving in interim management roles or in a performance improvement advisory capacity, we draw on deep operational heritage and proven approaches (such as our proprietary rapid results diagnostic) to assess businesses and identify key areas impeding performance quickly and effectively.

Cost Optimization: AandMs cost optimization program is a holistic, cross-functional approach that focuses on quickly identifying high-impact opportunities for EBITDA and cash flow improvements across the entire cost structure. AandMs cost optimization focuses on driving significant improvements in cost structure by providing full transparency on cost and margin profiles to simplify and streamline the business and increase the efficiency of overhead costs.

MandA Services: AandM supports companies throughout the MandA lifecycle, including conducting operational/synergy due diligence, integration planning and execution, as well as divestiture and carve-out planning and execution.

Finance Operations: AandM 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 HCSs experienced operators may step into an interim role (i.e. CEO, COO, CFO, CIO) 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 on a range of complex assignments, many of which require critical technology considerations. 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. Depending on the client project the responsibilities of a Senior Associate may typically include:

• Identifying and implementing opportunities to significantly reduce cost structure by redesigning technology and operations org structures, reducing applications or IT vendor redundancies, eliminating non-value-added processes, and refocusing the business on most value added processes
• Optimizing overall technology stack (systems, products, process, data, security, team) to drive top line and bottom line improvement or dive into specific aspects of companies technology investments (e.g. clinical applications, corporate applications, end-user-compute, data, infrastructure, network and security) to inform vital board and c-level decisions associated with growth and cost takeout
• Developing IT synergy model, one-time-cost profile, TSA and carve-out considerations pre-deal (MandA) and executing integrations, TSA exits and value creations post-deal
• 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 a d 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. As a Senior Associate you will have the opportunity to demonstrate your leadership, integrity and objectivity when interacting with clients at all corporate levels:

• High energy individuals with a passion for healthcare and solving complex issues
• A minimum of seven (7) years of prior work experience in healthcare, consulting or healthcare industry such as healthcare banking, accounting, audit, private equity, or healthcare operations with a healthcare IT focus
• Experience in acquisition, integration and transformation from an IT deal perspective
• Experience in one or more industry leading Clinical Application domain (e.g. EMR/EHR, Practice Management etc.),
• Experience in one or more industry leading Med tech manufacturing applications (e.g. MES, QMS, Inventory Management Systems etc. )
• Experience in one or more industry leading corporate functional domain (HRIS, ERP/Finance, Cloud Stack etc.)
• Advanced analytics and reporting skills
• Advanced level of Excel proficiency and experience in financial modeling a must;
• Advanced Microsoft PowerPoint and Excel skills a must; experience with Visio, Tableau or Power BI, SQL, SPSS, benchmarking a is 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 is a must
• Ability to use sound judgment and escalate project issues to project managers or engagement leaders
• Ability to 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
• BA/BS degree and/or MBA/MS in Accounting, Finance, or other related healthcare fields such as MHA or MPH

Compensation Statement The annual base salary range is $125 - $150k commensurate with experience. In addition, AandM offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details

Equal Opportunity Employer

It is Alvarez and Marsals practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws.