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Senior Associate, Strategy
Job Description
Grow your career at Cedars-Sinai!
At Cedars-Sinai, we're motivated by a collective spirit of innovation and the challenge to continuously improve. Above all, we share a real passion for helping others. Day after day, from department to department, our people give their all to create a community unlike any other. This is just one of the many reasons U.S. News & World Report has named us one of America’s Best Hospitals. Join us! Make a difference every single day in service of this outstanding work – excellence and innovation in patient care, research, and community service. From working with a team of dedicated professionals to using state-of-the-art facilities, you’ll have great resources to do something incredible—for yourself, and for others.
What you will be doing in this role:
The Senior Associate, Strategy is responsible for evaluating, analyzing, and making recommendations on strategy and complex business development opportunities. Reporting to the Director, Strategy, the Senior Associate provides strategy, planning, and business development support to the leadership across the Health System. Assists leadership with ensuring quality and consistency of business plans and work products presented to senior leadership. Duties include:
- Develops, facilitates, and presents project deliverables, including strategy and business plans to Health System partners, to guide strategic and business decisions. This includes supporting cross-functional project groups which may include Health System leadership, clinical departments, and the Medical Network.
- Develops complex business plans by identifying, retrieving and analyzing data, developing models and assumptions to support decisions and recommendations on strategic and business opportunities of large scope and impact to the organization. Uses quantitative and qualitative data from internal and external sources to inform the business plans.
- Prepares and defines comprehensive market and trend assessments/analyses that may include demand forecasts, competitor analyses, risk assessments, and the research, monitoring, evaluation of key market trends.
- Supports the evaluation of potential transactions for physician group and hospital affiliations and new venture opportunities.
- Works with Health System staff and leadership to convert strategy and business plans into implementation plans. Supports monitoring of implemented strategies and the review of business plan targets.
- Evaluates operational needs for Health System growth initiatives (e.g., program development, new services, and technology) in collaboration with operations leadership. This includes facility planning, staffing requirements, capital needs and capacity analyses.
- Develops detailed financial analyses, including income statements, cash flow analysis and balance sheets, as well as economic valuations using standard acceptable methodologies
- Provides consulting and project management support for Health System leadership, clinical departments and the Medical Network as needed.
- Is responsible for the facilitation and presentation of completed business plans to clients to consult, guide and influence business leaders on business development opportunities; including lead and/or facilitate cross functional project groups, which could include senior leadership in the organization.
- Evaluates, analyzes and develops recommendations on strategy and business opportunities for Cedars-Sinai Health System. Supports Health System collaborators and is responsible for leading data analyses, market assessments, business plan development, and strategic planning initiatives. This position assists Strategy management and staff with ensuring quality and consistency of deliverables and helps to supervise Strategy staff on assigned projects.
Qualifications
Requirements:
- Bachelor's degree in business administration, economics, finance or a related field required. Master's degree in business administration, public health, public administration or related field preferred.
- A minimum of 4 years of experience in planning, finance, or business development experience in a healthcare organization or consulting organization providing services to the healthcare industry or equivalent experience required.
Why work here?
Beyond outstanding employee benefits including health and dental insurance, paid vacation, and a 403(b), we take pride in hiring the best, most passionate employees. Our accomplished staff reflects the culturally and ethnically diverse community we serve. They are proof of our commitment to creating a dynamic, inclusive environment that fuels innovation.
Req ID : 13613
Working Title : Senior Associate, Strategy
Department : Strategy Market & Affiliates
Business Entity : Cedars-Sinai Medical Center
Job Category : Strategic Plan / Business Dev
Job Specialty : Strategic Planning
Overtime Status : EXEMPT
Primary Shift : Day
Shift Duration : 8 hour
Base Pay : $107,120.00 - $171,392.00
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Diversity and Inclusion at Cedars-Sinai
We are caretakers and innovators committed to the pursuit of equitable healthcare. But health equity is not possible without representation. Our commitment to diversity goes beyond demographics or checking boxes. Our people must reflect the diverse identities, experiences and geographies of the communities and patients we serve – because that’s what our patients, colleagues and communities deserve Quality Care and Research—For All, By All.
Our compensation philosophy
We offer competitive total compensation that includes pay, benefits, and other recognition programs for our employees. The base pay range shown above takes into account the wide range of factors that are considered in making compensation decisions, including knowledge/skills; relevant experience and training; education/certifications/licensure; and other business and organizational factors. This base pay range does not include our comprehensive benefits package and any incentive payments that may be applicable to this role. Pay Transparency Non-Discrimination Provision (PDF).
Cedars-Sinai is an Equal Employment Opportunity employer.
Cedars-Sinai does not unlawfully discriminate on the basis of the race, religion, color, national origin, citizenship, ancestry, physical or mental disability, legally protected medical condition (cancer-related or genetic characteristics or any genetic information), marital status, sex, gender, sexual orientation, gender identity, gender expression, pregnancy, age (40 or older), military and/or veteran status or any other basis protected by federal or state law. If you need a reasonable accommodation for any part of the employment process, please contact us by email at Applicant_Accommodation@cshs.org and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.
Cedars-Sinai will consider for employment qualified applicants with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring.
At Cedars-Sinai, we are dedicated to the safety, health and wellbeing of our patients and employees. This includes protecting our patients from communicable diseases, such as influenza (flu). For this reason, we require that all new employees receive a flu vaccine based on the seasonal availability of flu vaccine (typically during September through April each year) as a condition of employment, and annually thereafter as a condition of continued employment, subject to medical exemption or religious accommodation. For the same reason, you may also be required to receive other vaccines as a condition of employment. Cedars-Sinai reserves the right to make modifications to its required list of vaccines as required by law and/or policy.
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