Financial Analyst

Founded in 1994 by its current CEO, Stuart Blumberg, Health Plus Management (HPM) is a private equity-backed management services organization (MSO), providing administrative support to clinical organizations across the musculoskeletal care continuum, including physiatry, physical therapy and orthopedic practices. Services include site selection and buildout, front and back-office management, marketing, human resources support, information technology and financial reporting.

HPM supports physicians across all phases of growth - from start-up and launch of new sites to practice expansion, acquisitions, and improvement of efficiencies within well-established practices. Currently, HPM serves 45 locations with over 150 providers in New York, New Jersey and Connecticut. In January of 2019, HPM partnered with Investcorp, a leading global provider and manager of alternative investment products, providing additional capital and expertise to accelerate growth.

We are seeking a highly skilled and motivated Financial Analyst with a unique blend of expertise and interest in Healthcare and Financial Planning & Analysis (FP&A). In this role, the candidate will play a pivotal part in analyzing and supporting strategic initiatives within the Health Plus, focusing on FP&A activities and Acquisition due diligence, while also contributing to financial forecasting and other analysis for the organization.

Duties & Responsibilities:

The position will have two primary areas of responsibility, providing support for:

1.Finance

Assist in preparing timely month-end reporting packages for senior and executive leadership, including KPIs, P&Ls, and variance analysis to budget and prior year.
Partnering with the Operations team, particularly the departmental leads to develop detailed practice level budgets and implement routine reporting of P&Ls to stakeholders
Helping to create metrics and processes to manage operating costs and procurement to enhance site performance
Identify and implement process improvements through automation and process standardization
Assisting with the evaluation and implementation of new methodologies for determining management fees and physician compensation to increase profitability

2.Business Development

Conduct thorough analysis of potential healthcare M&A opportunities, including financial due diligence, billing data analysis and risk assessments.
Collaborate with cross-functional teams to evaluate the strategic fit of potential acquisitions, identifying synergies and areas for improvement.
Prepare comprehensive financial models and valuation analyses to assess the financial impact of proposed M&A transactions.
Assist in the development of business cases and presentations for executive leadership, highlighting key insights and recommendations.

Education & Training:

Bachelor's degree in Finance, Business, or a related field; MBA is a plus.
Solid background in financial analysis, financial modeling, budgeting, and forecasting.
Excellent analytical and problem-solving skills, with attention to detail.
Strong communication and presentation skills, with the ability to convey information to diverse audiences
Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities.

Knowledge & Experience:

Creating detailed budget and variance analysis to provide greater visibility into performance
Collaborating with Operations to drive improved financial results using scorecards and dashboards
Experience with data mining and data analytics
Experience with compensation models
Performing project and investment decision analysis
Creating automation and data analysis via Business Intelligence

Skills & Abilities

Background in investment banking, private equity, or corporate FP&A
Willingness to roll up sleeves and work independently
Proficient with Excel functionality such as lookups, pivot tables, and charts, and working with large data sets
Solid foundation in accounting principles
Healthcare experience would be a plus
Experience in data analysis or data visualization with Tableau, PowerBI would be a plus

Additional Information:

Schedule: Full-Time, Monday-Friday
Pay: $80,000- $90,000 salary
Hybrid Schedule- In Office/Remote

Full-Time/Part-Time
Full-Time

Exempt/Non-Exempt
Exempt

Position Requirements

Education and Training
Bachelor's degree in Finance, Business, or a related field; MBA is a plus.

Benefits
Medical, Dental, Vision, and Disability Insurance, 401k, Paid Time Off, Holidays

EOE Statement
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.