Providence
posted 5 months ago
Providence is seeking a Finance Manager, M&A who will play a crucial role in leading financial due diligence for transactions across the health system, including acquisitions, mergers, affiliations, and other financial activities. This position is responsible for administering independent financial reviews of high visibility M&A and capital projects for system leadership and capital councils. The Finance Manager will provide expert advice on complex financial modeling issues and accounting impacts, delivering detailed summaries of their financial analysis of major projects to senior executives. Building strong relationships with a cross-functional team, including strategy, legal, human resources, supply chain, information systems, payor contracting, reimbursement, and real estate, is essential. The Finance Manager will proactively lead coordination with these departments as needed and will be accountable for post-transaction support, including the integration of processes and procedures and monitoring the value proposition of each transaction. The role requires advanced Excel skills, including but not limited to pivot tables and v-lookups, and involves budgeting and long-range planning. The Finance Manager will summarize results of analysis into an Executive Summary as required and work in an environment that operates as a team, helping others as needed. Analyzing complex accounting transactions is also a key responsibility. As a supporting member of the Investment Review Team (IRT), the Finance Manager will lead thorough pro forma reviews for all projects going through IRT, ensuring the accuracy and consistency of all presented numbers while identifying key financial risks. This position will also provide subject matter expert level advice to project teams in evaluating and modeling a transaction or capital project's impact to Providence St. Joseph Health (PSJH) and/or individual regions, including one-time transaction impacts, joint venture structure impacts, intercompany implications, leases, divestitures, and shutdowns. The Finance Manager will be responsible for writing detailed executive summaries of their project financial reviews, concisely summarizing complex transactions from a Providence system-level viewpoint, highlighting key value drivers and assumptions, discussing meaningful financial metrics, and identifying areas of financial risk. They will serve as a leader in the system financial assessment process for potential transaction opportunities, assessing the financial health of target organizations, and administering and coordinating the financial due diligence of transactions. This includes working with other finance team members to identify potential transaction risks and developing mitigation strategies for those risks. The Finance Manager will also lead the development of forward-looking financial plans, identifying and quantifying post-transaction operational impacts, and assessing the value proposition of transactions. Additionally, they will serve as a primary system coordinator for the enterprise valuation of targets or owned businesses, determining purchase prices and accounting for transactions, while coordinating with accounting experts to integrate targets onto PSJH financials, providing technical accounting advice on the allocation of purchase prices.