Director, Healthcare Services - M&A

$180,000 - $180,000/Yr

Alvarez & Marsal - Houston, TX

Full-time - Senior

Houston, TX

Professional, Scientific, and Technical Services

About the position

The Director position at Alvarez & Marsal's Healthcare Industry Group (HIG) involves leading a team to deliver complex M&A projects and operational improvements for healthcare clients. This role requires a hands-on approach to managing client engagements, overseeing project delivery, and fostering relationships with stakeholders. The Director will be responsible for end-to-end project management, including operational due diligence, integration planning, and identifying value creation opportunities within the healthcare sector.

Responsibilities

• Lead clients and internal teams through the full M&A lifecycle, including operational/synergy due diligence, carve-outs, and integration planning and execution.
• Work closely with other A&M teams on deals, such as financial, HR, and IT due diligence and integration teams.
• Develop hypotheses around potential value levers in M&A transactions based on industry experience.
• Conduct interviews with senior client and target stakeholders.
• Rapidly analyze various types of financial and operational data to assess potential value levers.
• Support Day 1 planning, operating model definition, and transaction execution initiatives.
• Identify value creation opportunities, including assessing areas for cost reduction through efficiencies.
• Improve client tracking tools and develop KPIs and metrics for operational performance improvement.
• Manage engagement economics, product delivery, budgeting, and timely billing & collections.
• Communicate and engage with clients to foster relationships and provide updates.
• Manage performance of project teams, including assigning responsibilities and providing coaching.
• Engage in c-suite and board level conversations regarding client challenges and strategic initiatives.
• Develop transition and hand-off plans to ensure sustainable improvements.
• Act as an integral member of the sales team, developing proposals and pitch documents.
• Build relationships with clients and seek opportunities to expand business scope.
• Manage and mentor junior staff, including training and development.

Requirements

• A minimum of eight (8) years of prior work experience in healthcare consulting or healthcare industry such as healthcare operations, banking, or private equity.
• Prior experience with M&A transactions and/or healthcare operations.
• Ability to work in a high-pressure environment with stringent timelines.
• Ability to identify key operational performance drivers and flexibility to support a broad array of clients.
• Experience managing client engagements, deliverables, and workstreams while mentoring junior staff.
• Excellent verbal and written communication skills, with the ability to present information to all levels of client personnel.
• Working knowledge of the healthcare industry, including healthcare finance, operations, valuation, and regulations.
• Willingness and ability to travel as required.
• Advanced level of Excel proficiency and experience in financial modeling and analysis.
• Advanced Microsoft PowerPoint and Excel skills; experience with Visio, Tableau or Power BI, SQL, SPSS, benchmarking is a plus.
• BA/BS degree and/or MBA/MS in Accounting, Finance, or related healthcare fields such as MHA or MPH.
• Professional certifications such as CPA, CFA, or progress toward such certifications is a plus.

Nice-to-haves

• Experience with Visio, Tableau or Power BI, SQL, SPSS, benchmarking is a plus.
• Professional certifications such as CPA, CFA, or progress toward such certifications is a plus.

Benefits

• Healthcare plans
• Flexible spending and savings accounts
• Life, AD&D, and disability coverages
• 401(k) retirement plan with discretionary contributions
• Discretionary bonus program based on individual and firm performance