Manager, Business Valuation
Description

 VMG Health supports a nationwide network of clients with over 70,000 engagements, exclusively in the healthcare industry. Our national client base ranges from large health systems to small practices and everything in between, including investors and private equity firms. VMG Health provides a solutions-oriented approach to client needs through our strong market position, extensive contacts, unparalleled tools and solutions, and expert insights. We are proud to serve as the single source for all our clients’ valuation, strategic, and compliance needs. 

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.