Start Date
Immediate
Expiry Date
19 Feb, 25
Salary
0.0
Posted On
09 Feb, 25
Experience
10 year(s) or above
Remote Job
No
Telecommute
No
Sponsor Visa
No
Skills
Valuation, Communication Skills, Presentation Skills, Negotiation, Coos, Finance, Operations, Integration, Revenue, Components, Health Systems, Profitable Growth, It, Network Development, Third Party Vendors, Writing, Due Diligence, Investment Banking, Engagements
Industry
Financial Services
Overview:
The VP of Diligence PMO is a critical role designed to support our efforts and drive timely coordination of due diligence efforts of newly acquired health systems, joint ventures, or any acquired technology or intellectual property into Novant Health as part of the Transaction Leadership Office (“TLO”). This role requires a comprehensive understanding of the entire transaction lifecycle with an emphasis on delivering pre-LOI activities and coordination with the VP of Integration as we transition to pre-integration planning. Additionally, the VP of Diligence PMO will lead coordination and operational components of due diligence activities and serve as a core resource to the deal team to ensure identified risks are appropriately managed while transitioning to our integration team.
The VP of Diligence PMO must have the ability to take charge and “own” an entire transaction with core responsibilities including navigating complex purchase documents, establishing clean room protocols, developing and validating synergy/dis-synergy plans, developing and preparing board level materials, establishing guiding principles with the VP of integration, and facilitation of due diligence read-outs / board presentations. Additionally, this role will be responsible for overall team development both within the diligence PMO and functional areas as needed. This role will be instrumental in ensuring a smooth integration of the acquired entities, and transition into our VP of Integration’s portfolio.
The VP of Diligence PMO will directly report to the SVP, Chief Transaction Officer and will require travel as necessary to support the transaction portfolio.
Come join a remarkable team where quality care meets quality service, in every dimension, every time.
At Novant Health, one of our core values is diversity and inclusion. By engaging the strengths and talents of each team member, we ensure a strong organization capable of providing remarkable healthcare to our patients, families and communities. Therefore, we invite applicants from all group dynamics to apply to our exciting career opportunities.
Qualifications:
o Interfacing with executives to influence strategic decisions and present findings.o Writing, reviewing, and presenting reports including findings and recommendations from M&A transaction financial due diligence perspective to our leadership teamo Standing up and supporting the Due Diligence Office (DMO) to de-risk transactions and better prepare the VP of Integration for transition to BAU.o Setting, leading, and delivering due diligence engagement objectives by defining the scope, plan, and budget across all core functions.o Perform initial and ongoing operational due diligence reviewso Conduct on-site/remote due diligence meetings with senior management (e.g., CFOs, COOs, CCOs, and other support staff) to further evaluate operational-related riskso Assist in completing and reviewing comprehensive written reports containing information and analysis related to the operational environment of potential investmentso Resolve findings, working with internal departments to address and mitigate operational due diligence-related issueso Management of all critical functions including Virtual Data Room (“VDR”) set up, permission management, document control, and close out.o Working knowledge of financial due diligence (i.e., Quality of Earnings, Working Capital, and Balance sheet).o Ability to analyze target company data to identify historical and projected operating trends, quality of earnings/assets, pro forma financials, working capital calculations, debt and debt-like items and other potential liabilities/risks which impact valuation of and negotiation with the target company.o Working knowledge and ability to manage all technical workstreams including Finance, HR, Contracts, Contracts, etc.o Developing and prioritization of due diligence request lists.o Developing work plans for components of engagements, coordinate activities between work streams and identify changes in scope.o Managing cross-functional teams to deliver operational due diligence engagements and transition to our integration team.o Mobilizing and managing multiple engagement teams / workstreams.o Providing insight on how to operationalize major restructuring/cost transformation activities to achieve/exceed deal value, synergy targets, or strategic cost takeout objectives.o Coordinating with deal teams to establish integration budget baselines while managing internal and external spend within each functional team.o Partnering with integration team members and senior executives to define how they employ M&A – in alignment with their corporate strategy – to drive profitable growth and enable them to compete effectivelyo Developing internal frameworks, processes, and policies to support staff development.o Willingness to develop and manage comprehensive M&A tracking toolso Ability to work independently and manage multiple task assignments.o Selection and management of any third-party vendors leverages to augment internal Novant teams.
Responsibilities:
It is the responsibility of every Novant Health team member to deliver the most remarkable patient experience in every dimension, every time.
Please refer the Job description for details