Job Description

Location: Washington, DC, United States Date Posted: Jan 30, 2025 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. 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: Performance Improvement/Operational Turnaround : We draw on deep operational heritage and proven approaches to assess businesses and identify key areas impeding performance quickly and effectively. Cost Optimization : A&M’s cost optimization program focuses on quickly identifying high-impact opportunities for EBITDA and cash flow improvements across the entire cost structure. M&A Services : A&M supports companies throughout the M&A lifecycle, including conducting operational/synergy due diligence, integration planning and execution. Finance Operations : A&M drives improvement to its clients’ finance operations, including management reporting and optimization of the month-end close process. Interim Management : Experienced operators may step into interim roles to drive change while a full-time replacement is being recruited. What will you be doing? As an Associate, you will work closely with healthcare clients on a range of complex assignments. Responsibilities may include: Building and maintaining financial and operational models to assess client performance. Conducting operational data analysis to assist in the development of KPI metrics. Evaluating business operations and supporting performance improvement initiatives. Analyzing process workflows to identify opportunities for improvement. Participating in client interviews and capturing actionable items. Forecasting cash flows and managing liquidity. Benchmarking internal and external data. Performing analysis and developing reports and deliverables. Preparing client-ready deliverables and presentations. Assisting with the development of presentations, pitch, and proposal content. Who will you be working with? We are entrepreneurial, action-oriented, and results-driven professionals who take a hands-on approach to solving our clients’ problems. You will be part of a team that is passionate about delivering transformational change in the healthcare industry. How will you grow and be supported? As an Associate within the Healthcare Group, you will gain invaluable industry experience while enhancing and expanding your skillset. We work with each of our employees to create a customized career development plan to ensure you are matched with professional growth opportunities. Our Associates possess a high aptitude for financial and operational analysis and will leverage their excellent written and verbal communication skills to work with senior leaders and clients. We are seeking someone with an entrepreneurial and collaborative mindset who thrives in a fast-paced environment. High energy individuals with a passion for healthcare and solving complex issues Minimum Requirements: A minimum of three (3) years of prior work experience in healthcare, consulting, or related fields. Strong Microsoft Excel and modeling skills. Strong understanding of accounting and finance. Excellent verbal and written skills. Solid project management and organizational skills. Ability to conduct operational data analysis. Advanced Microsoft PowerPoint and Excel skills. Willingness and ability to travel as required. BA/BS degree and/or MBA/MS in Accounting, Finance, or related fields. Professional certifications such as CPA or CFA are a plus. Compensation Statement The annual base salary range is $90k – $115k, commensurate with experience. In addition, A&M offers a discretionary bonus program based on individual and firm performance. Regular employees working 30 or more hours per week are entitled to participate in Alvarez & Marsal Holdings’ fringe benefits. Employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, and sick time. Alvarez & Marsal recruits on an ongoing basis. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them. Diversity & Inclusion A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. Inclusive Diversity means we embrace diversity and foster inclusiveness. Equal Opportunity Employer It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment without discrimination based on various protected characteristics. Interested in working with us? Take the first step by joining one of our Talent Networks below today! #J-18808-Ljbffr Alvarez & Marsal Deutschland GmbH

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