Healthcare Financial Advisory Services Associate (Nationwide, Flexible Location)

Job title: Healthcare Financial Advisory Services Associate (Nationwide, Flexible Location) in Chicago, IL at Innosight

Company: Innosight

Job description: Huron helps its clients drive growth, enhance performance and sustain leadership in the markets they serve. We help healthcare organizations build innovation capabilities and accelerate key growth initiatives, enabling organizations to own the future, instead of being disrupted by it. Together, we empower clients to create sustainable growth, optimize internal processes and deliver better consumer outcomes.Health systems, hospitals and medical clinics are under immense pressure to improve clinical outcomes and reduce the cost of providing patient care. Investing in new partnerships, clinical services and technology is not enough to create meaningful and substantive change. To succeed long-term, healthcare organizations must empower leaders, clinicians, employees, affiliates and communities to build cultures that foster innovation to achieve the best outcomes for patients.Joining the Huron team means you’ll help our clients evolve and adapt to the rapidly changing healthcare environment and optimize existing business operations, improve clinical outcomes, create a more consumer-centric healthcare experience, and drive physician, patient and employee engagement across the enterprise.Join our team as the expert you are now and create your future.When healthcare systems and provider organizations are managing escalating financial stress, Huron recognizes the response must be urgent and direct. Huron’s industry-leading Healthcare Financial Advisory Services team works with healthcare leaders to prevent financial management missteps and prioritize business decisions that reset the financial trajectory of their organizations. Huron assists clients through improved planning, operations and managing through crises. Solutions tailored to a variety of situations:

• Business and financial planning, projections and scenario analyses


• Interim management/strategy execution


• Business assessments & due diligence


• Restructuring & turnaround


• Executive/Board advisory


• CFO support solutions


• Liquidity forecasting and management


• Working capital management


• Valuations


• FP&A assistance for profit improvement

Healthcare Financial Advisory Associates play a key role in addressing clients' needs and driving the team's progress on a day-to-day basis. As an Associate, you will:Fully own a project workstream by independently defining and breaking down problems, structuring a problem-solving approach, and prioritizing analysis to deliver under time constraintsGather, analyze and synthesize primary and secondary research data and derive key implications for the clientDevelop and prepare high-quality client-ready slides or other written communications to convey the insights and recommendations developedWork collaboratively with a team to diagnose the clients’ needs and develop recommendationsContribute to firm growth by supporting internal development efforts, including proposal and business development activities, as well as mentoring and professionally developing junior team members.RequiredSeeking candidates with at least 2 years of consulting experience in financial advisory for healthcare providers clients, including health systems and hospital/acute care organizationsThe ideal candidate will possess expertise in the healthcare provider space and demonstrate a comprehensive understanding of healthcare financial and capital planningDemonstrated ability to lead complex workstreams with strong project and client management skills, strategic thinking, and helping clients assess their problemsAnalyze and evaluate financial statements (including income statement, balance sheet and cash flow statement)Ability to simplify and translate complicated corporate finance concepts and analyses into clear suggestions for senior managementDeep financial modeling, quantitative skills, and ability to identify key operational performance driversExperienced in thoughtful financial analysis capabilities, including valuation, pro-forma financial modeling and discounted cash flow methodologiesDemonstrate proficiency with: cash flow management, liquidity management, healthcare accounting, financial reporting (monthly operating reports, statements & schedules), operational improvement and overhead analysis, and pitchbook preparationBS/BA degree in Accounting, Finance or Economics preferredWillingness to travel up to 50% of the timeCandidates may live anywhere in the contiguous USThe estimated base salary range for this job is $120,000 - $160,000. The range represents a good faith estimate of the range that Huron reasonably expects to pay for this job at the time of the job posting. The actual salary paid to an individual will vary based on multiple factors, including but not limited to specific skills or certifications, years of experience, market changes, and required travel. This job is also eligible to participate in Huron’s annual incentive compensation program, which reflects Huron’s pay for performance philosophy. Inclusive of annual incentive compensation opportunity, the total estimated compensation range for this job is $134,400 - $160,000. The job is also eligible to participate in Huron’s benefit plans which include medical, dental and vision coverage and other wellness programs. The salary range information provided is in accordance with applicable state and local laws regarding salary transparency that are currently in effect and may be implemented in the future.#LI-JD1 #LI-RemotePosting Category HealthcareOpportunity Type RegularCountry United States of America

Expected salary: $120000 - 160000 per year

Location: Chicago, IL

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