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CrossCountry Consulting · 1 day ago

Manager - FP&A Healthcare - Private Equity Advisory

USA

Full-time

Hybrid

Mid, Senior Level

5+ years exp

CrossCountry Consulting is a rapidly growing firm specializing in Private Equity advisory. The Manager will serve as a trusted partner to clients in the healthcare sector, focusing on enhancing finance functions and operational efficiencies within private equity-backed healthcare organizations.

AccountingConsultingFinanceRisk Management

Growth Opportunities

Responsibilities

Serve the “Office of the CFO” at private equity healthcare portfolio companies, creating a diagnostic framework and enhancing the effectiveness of the finance function

Lead parts of the implementation of a portfolio support capability, including the development of bottoms-up annual budgets and forecasts utilizing key healthcare industry operational drivers and metrics (net revenue realization, net realization rate, reimbursement rate changes, cash collection velocity, provider productivity and compensation, etc.)

Assist with the preparation of financial management reports (i) by relevant levels of disaggregation (e.g., clinic/practice, specialty, procedure groups, business unit, payer groups, etc.), (ii) across a variety of key metrics (e.g., volumes, payer concentration, provider and support headcount, etc.) and (iii) comparing current actual and year-to-date performance with prior year results, forecasts, and budgeted results

Assess the current state of finance subfunctions (e.g., revenue cycle management) and build or modify analytical resources, tools, models, metrics, and methodologies to address existing gaps and inefficiencies. Examples include automated and robust revenue waterfall models and physician compensation models to enhance decision-making support

Review and assist with cash management including the development of monthly and 13-week cash flow forecasts

Effectively transition solutions back to private equity portfolio companies

Develop and maintain relationships with portfolio company representatives, collaborating with CrossCountry team members to scope, clarify, and deliver excellent client service

Mentor team members by coaching colleagues and help project teams resolve multi-faceted issues

Contribute to developing and implementing firm-approved, AI-enabled solutions for clients, in accordance with company policies on data protection, intellectual property, and professional standards

Stay informed about emerging AI tools and techniques and collaborate with firm leadership to identify compliant opportunities to enhance client solutions and internal processes

Qualification

FP&A experienceHealthcare industry knowledgeAdvanced revenue cycle analyticsFinancial modeling skillsMicrosoft Excel expertiseData analytics toolsClient relationship buildingAI tools familiarityHealthcare M&A experienceCommunication with accounting teamContinuous learning mindsetMentoring skills

Required

5+ years' experience in either (i) FP&A preferably in a Private Equity backed company OR (ii) a client-facing role at an advisory firm (e.g., restructuring, performance improvement, investment banking, due diligence)

Healthcare industry experience preferably including the following: Significant knowledge of the healthcare industry with experience serving healthcare service organizations (hospitals, multi-site/specialty practices, management service organizations, health plans, risk-bearing care delivery models, healthcare IT and care coordination, pharmacy, and other healthcare enablement services)

Experience with advanced revenue cycle analytics and modeling (hindsight analysis, cash “waterfall” models, zero-balance analysis)

Consistent success in building and developing strong client relationships

Experience conversing with Controller group and accounting team, including fluent knowledge of the main elements and drivers of revenue recognition, income statements, balance sheet and statement of cash flow

Strong analytical and modeling skills with experience building complex financial models for analysis and forecasting, with ability to summarize key data into executive dashboards

Advanced expertise in Microsoft Excel (e.g., advanced formulas, pivot tables, etc.) and PowerPoint

Experience helping project teams resolve multi-faceted issues

+ Bachelor's degree in accounting or finance

Preferred

Knowledge of data analytics and related tools (e.g., Tableau, Alteryx, SQL) a plus

Healthcare M&A transaction experience is a plus (investment banking, financial due diligence, operational due diligence)

Comfort with AI: Demonstrated ability to responsibly explore and adopt firm-approved AI tools to enhance productivity and innovation

Continuous Learning Mindset: Openness to learning and applying emerging technologies including AI and automation in alignment with firm policies and client standards

CPA is a plus

Willingness to travel up to 40%; travel varies based on client preferences