Revenue Cycle Analyst

$80,000 - $85,000/Yr

Alvarez & Marsal - New York, NY

posted 3 months ago

Full-time - Entry Level
New York, NY
Professional, Scientific, and Technical Services

About the position

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. Our team provides additional expertise in interim management, restructuring, revenue cycle management, mergers and acquisitions, compliance and regulatory, digital technology, and analytics. As an Analyst, you will be working closely with healthcare clients on a range of complex assignments. You will work in a team environment while using your independent judgment and critical thinking skills to provide practical solutions and add value for our clients. Depending on the client project, the responsibilities of an Analyst may typically include: assisting with building and maintaining financial and operational models to assess client performance, participating in client interviews and capturing actionable items, forecasting cash flows, analyzing and managing liquidity, planning and structuring financial transactions, calculating operating losses and projecting savings, benchmarking internal and external data, performing analysis and developing reports and deliverables, conducting operational data analysis to assist in the development of KPI metrics, mapping out processes and managing both client and internal projects, evaluating business operations and supporting performance improvement initiatives, preparing client-ready deliverables and presentations, assisting with making presentations to clients, conducting healthcare research, and assisting with the development of presentations, pitch, and proposal content. Our Analysts 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 to join our team with an entrepreneurial and collaborative mindset who works well with ambiguity and thrives in a fast-paced environment. As an Analyst, you will have the opportunity to demonstrate your leadership, integrity, and objectivity when interacting with clients at all corporate levels. You will be part of a team that is passionate about delivering transformational change and making an impact in the healthcare industry.

Responsibilities

  • Assisting with building and maintaining financial and operational models to assess client performance
  • Participating in client interviews and capturing actionable items
  • Forecasting cash flows, analyzing and managing liquidity
  • Planning and structuring financial transactions
  • Calculating operating losses and projecting savings
  • Benchmarking internal and external data
  • Performing analysis and developing reports and deliverables
  • Conducting operational data analysis to assist in the development of KPI metrics
  • Mapping out processes and managing both client and internal projects
  • Evaluating business operations and supporting performance improvement initiatives
  • Preparing client-ready deliverables and presentations; assisting with making presentations to clients
  • Conducting healthcare research
  • Assisting with the development of presentations, pitch and proposal content

Requirements

  • A minimum of one to three years of prior work experience in healthcare, consulting or healthcare industry such as healthcare banking, accounting, audit, private equity, managed care, health plans, or healthcare operations with a healthcare focus
  • BA/BS degree and/or MBA/MS in Accounting, Finance, or other related healthcare fields such as MHA or MPH
  • Professional certifications such as Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or demonstrated progress toward such certifications are a plus
  • Strong Microsoft Excel and modeling skills including the ability to prepare and maintain models such as financial and operational models
  • A strong understanding of accounting and finance including the ability to review and understand financial statements and disclosures; exposure to debt and equity transactions a plus
  • Working knowledge of the healthcare industry preferred
  • Excellent verbal and written skills, with the ability to communicate with and present information to all levels of client personnel
  • Solid project management and organizational skills
  • Ability to conduct operational data analysis and synthesize information to assist in the development of reports and KPI metrics
  • Advanced Microsoft PowerPoint and Word skills a must; experience with Tableau, SQL, SPSS, Power BI, Action O-I benchmarking, MGMA survey data a plus
  • Willingness and ability to travel as required

Nice-to-haves

  • Experience with Tableau, SQL, SPSS, Power BI, Action O-I benchmarking, MGMA survey data

Benefits

  • Healthcare plans
  • Flexible spending and savings accounts
  • Life, AD&D, and disability coverages
  • 401(k) retirement plan with discretionary contributions from Alvarez & Marsal
  • Access to best-in-class on-demand training
  • Ongoing on-the-job coaching
  • Partnership with a mentor for career guidance
  • Customized career development plan
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