Position/Title: Business Analyst

The position could be based out of Bangalore/Delhi.

Resume to be sent to careers@novamedicalcenters.com.

People with less than 5 years of Experience are advised not to apply.

Subject line should have “Current Organisation/Last two qualifications/Institute Names/Years of Experience/Current Location (viz: NOVA/BE & MBA/…./6yrs/Bangalore


Business Analyst- Nova Medical Centers

About Nova Medical Centres:  Nova Medical Centers develops, acquires, owns, and operates ambulatory surgical centers in partnership with physicians across India.  Nova provides leading physicians from diverse specialties with comprehensive ultra-modern facilities comprising doctor’s offices, operating rooms, diagnostics, imaging, health check up area, pathology laboratory, and a pharmacy.  By specializing only in day care procedures, Nova improves the patient experience, increases operating efficiency, and contains costs. Nova’s innovative health services model offers unparalleled quality and affordability.  Nova Medical Centres plans to develop 25 such centres across India by 2012.  See us at www.novamedicalcenters.com

Nova was conceptualised and promoted by the GTI Group, a New York based Private Equity Group. Recently, NEA has invested into Nova in Series A funding.

Recently, Max Healthcare, a leading Hospital Chain in the NCR, entered into a JV with Nova to invest 31% in all the centers of Nova being set-up  in the NCR

About GTI Group LLC:  GTI is a New York based Private Equity Group invests growth equity in lower middle market companies in the United States and India. More than financial partners, GTI assists with operations and strategic advisory work drawing on its extensive experience and contacts (www.gti-llc.com). GTI has 2 investments in India namely Air Works and Nova Medical Center

About New Enterprise Associates:  NEA is a leading venture capital and growth equity firm with a strong domain expertise in the healthcare sector. The firm’s 32 year track record of successful investing spans the healthcare, information technology and energy technology sectors. NEA’s portfolio companies and management team include pioneers in outpatient healthcare facilities in the USA.

1. Role and Responsibilities

The role of a Business Analyst will be to work closely with the senior management team on strategic business issues. The specific responsibilities will include but will not be limited to the following:
 - Assist in preparation of strategic plan/ business plans/operating plans/budgets for the company.
 - Preparation of project reports, presentations to investors, shareholders and other stakeholders,
 - Financial analysis of the performance of the company and the centers.
 - Providing MIS to the management and board,
 - Collection and analysis of industry and competitor data and trends.
 - Co-ordinating Due Diligence process as and when scheduled

2. Qualifications, Knowledge and skills required:

 - Should be a MBA (Finance) from a premier Business School with at least 5 years of relevant experience, preferably in Investment Banking/Consulting/EA positions. Exposure to Healthcare sector would be an advantage (not mandatory).
 - Should have a strong flair for numbers, understanding of P&L, Reporting practices/methodologies etc.
 - Should be able to obtain required data from the system/operations teams & convert it to an efficient reporting format for review.
 - Should be knowledgeable about budgets, forecasts/projections, margin analysis, valuation procedures etc.
 - Should be able to quickly learn the business processes of a chain of Day Surgery centers and advise the management on business performance improvements

Good communication, presentation skills with a pleasant personality are must for the job.

Please send your resume to careers@novamedicalcenters.com