Full Job Description
Requirements
Managers are expected to effectively leverage and manage all members of their team on a variety of healthcare valuation engagements. Primary responsibilities will be sourcing, scoping and managing engagements; executing deliverables; maintaining existing client relationships; forming new client relationships; communication of project status to team members and development and training of the team internally.
KEY RESPONSIBILITIES:
• Properly scope all engagements from all sizes, schedule and cost perspective to ensure a profitable engagement.
• Provide timely status updates to all project team members tailoring the information to the respective level (i.e. staff or Director/Managing Director) based on their need.
• Ensure the team project tracking and status documents are updated in a timely fashion.
• Develop and implement effective engagement communication to clients and ensure compliance by all team members.
• Communicate all aspects of engagements with staff members on each of their respective engagements.
• Demonstrate and maintain a high level of understanding and competence in valuation theory and methodology as applied across numerous healthcare segments.
• Ensure proper and consistent use of valuation theory in regard to problem-solving of complex healthcare arrangements.
• Uphold values of integrity, professionalism, and respect towards all clients, superiors, administrative staff, and subordinates.
• Ensure all engagements are on schedule through setting of internal deadlines and communication with team members.
• Ensure accuracy in every phase of the valuation process from information receipt and input to client deliverables.
• Provide insight and direction to team members and the firm by participating with supervisors in training or seminars related to valuation methodology and healthcare industry trends.
• Provide guidance on valuation approach and methodology selection on each engagement as necessary to both clients and staff.
• Participate on all calls and site visits as required.
• Effectively communicate with clients throughout the engagement process ultimately resulting with the explanation of valuation opinions and conclusions.
• Demonstrate effective administrative practices in terms of expense management and billing for services.
• Author or co-author, at minimum, one article for publication (internally and/or externally) annually.
• Provide feedback directly to staff and to supervisors to help manage, monitor and make suggestions on the overall personal development of each team member.
• Proactively promote the elements of VMG's corporate culture. Define and develop activities that enhance that corporate culture.
• Have a firm understanding of all services offered by VMG and be able to effectively communicate such services to clients that results in new business opportunities.
• Participate in recruiting efforts as needed and make recommendations for hire to the Managing Director(s).
QUALIFICATIONS:
• Minimum of 5 years of business valuation experience, with demonstrated mastery of core valuation methodologies: discounted cash flow (DCF)/income approach, asset approach, and market approach. Candidates with healthcare valuation experience specifically (fair market value opinions, physician compensation arrangements, healthcare M&A) are strongly preferred; candidates with strong general valuation experience across other industries will also be considered.
• Bachelor's degree with coursework in Finance, Accounting, or a related field; and/or Master's in Business Administration or Finance.
• For candidates with healthcare valuation backgrounds: demonstrated understanding of value drivers within the healthcare industry and active understanding of the rules and regulations affecting the industry, including Stark law and Anti-Kickback statutes.
• Strong grounding in valuation theory, with working knowledge of accounting and financial principles as they inform valuation work.
• Financial modeling experience, particularly in support of valuation analyses.
• Mastery in Microsoft Excel, PowerPoint and Word.
• Excellent verbal and written communication skills.
• The ability to provide appropriate customer service, both internally and externally, is a material part of the job.
• Ability to develop and lead team members through training and mentoring.
• ASA, ABV, or CFA credential (or active pursuit of one) a plus.