Corporate Development Associate

Location
Greater Los Angeles, California
Salary
Market competitive compensation package and benefits
Posted
Aug 30, 2019
Closes
Sep 29, 2019
Industry Sector
Asset Owner
Employment Type
Full Time
Education
Bachelors

Reporting to the Corporate Development Senior Director, the Corporate Development Associate is responsible for leading the internal deal process, as well as supporting the external development activity and market strategy development.  

Key Responsibilities:

  • Create market profiles and recommendations to inform strategic decisions
  • Prepare executive approval packages with assistance from Development Director or Senior Director; review financial outputs for accuracy
  • Work with client to gather financial data to use as a baseline for pro forma financial models for mergers, acquisitions and de novos
  • Work with department leads to provide Development Senior Analysts and Analysts key modeling assumptions based on facility projections; work with Finance and Operational leaders to confirm key assumptions in the pro forma financial model
  • Oversee work product of Senior Analysts and Analysts to ensure financial projections are accurate for deal underwriting
  • Prepare external pitch decks and presentations; present financial section as appropriate
  • Observe deal negotiations and provide transaction details as needed to Development Director or Senior Director and legal counsel
  • Have a thorough understanding of all value drivers at the surgery center level
  • Demonstrate ability to synthesize elements of our value proposition that drive an investment thesis
  • Think critically about how a transaction supports the overall strategy of the market and the Company
  • Ensure accuracy of deal summaries to inform Enterprise resourcing and financial decisions
  • Confirm and set appropriate expectations to ensure that communication and deliverables to internal/external customers are accurate and prompt
  • Acts as a role model to Analysts and Senior Analysts in terms of behaviors, approach to work, and partnership with other lanes
  • Positively contribute to team culture
  • Conduct all business matters with the highest degree of integrity and ensure that a culture of compliance is fostered
  • Begin to understand compliance related issues and awareness to raise to the appropriate SCA resources in a timely manner

Candidate Attributes and Success Factors:

Communication Skills:

  • Excellent communication skills both written and verbal
  • Extremely strong financial and analytical skills
  • Proficient skill set using Microsoft Office Suite (Excel, Word, PowerPoint) to convey the appropriate insights
  • Ability to present complex concepts in a clear, concise manner
  • Demonstrate professionalism in all internal/external meetings and at work

Driven:

  • Highly analytical, a critical thinker, intellectually curious, with decision making skills
  • Ensure analyses sufficiently provide insight to the underlying question being asked by business partners
  • Propose alternative solutions and acts as a thought partner to Development leadership
  • Proactively examine and review financials to identify potential synergies and/or growth opportunities

Collaborative:

  • Exhibit leadership among peers and thrive in a team environment
  • Proactively share knowledge and lessons learned to continuously improve the broader team
  • Take ownership of developing Development Senior Analysts and Analysts and engaging them in the broader deal initiatives

Essentialist:

  • Provide clear guidance to Analysts and Senior Analysts to ensure a focused work product
  • Challenge tasks assigned if a more effective method has been identified that may improve broader Development team

Creative:

  • Leverage best practices and behaviors from across the organization, ensuring the appropriate practice is put in place given the initiative’s timeline, financial impact, and priority
  • Exceptional skill in problem solving, financial analysis, and attention to detail
  • Identify areas for improvement and propose solutions to help the team become more efficient and scalable

Influential:

  • Foster a culture of open communication, creativity, and teamwork
  • Establish positive and productive relationships with internal and external stakeholders
  • Utilize data and analyses to support the decision making of business partners
  • Offer ideas and suggestions to Development leaders and lane leaders that will improve deal process

Qualifications:

  • Bachelor’s Degree required; Finance, Economics, Business or related field preferred 
  • 3 – 6 years of experience in investment banking, accounting, finance, healthcare consulting or related field
  • Ability to independently travel up to 40% as needed