VP, Corporate Development

Somatus - Revolutionizing Kidney Care; Virginia (MN); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Subsidized healthcare coverage

Flexible Paid Time Off (PTO)

Professional Development and Tuition Reimbursement

Curated Wellness Benefits

Community engagement opportunities

Job summary

A leading healthcare company in Minnesota seeks a Vice President, Corporate Development, to drive growth through partnerships, mergers, and acquisitions. The ideal candidate has 5-7 years of relevant experience and strong analytical skills. This role emphasizes collaboration with the Executive Team to shape strategic initiatives and support overall corporate growth in a dynamic environment.

Qualifications

• 5-7 years of corporate development experience or investment banking experience.
• Minimum 3 years in Audit (Big 4)/Consulting, M&A, Investment Banking, or Private Equity.
• Proven ability to drive deal execution from start to finish.

Responsibilities

• Work with Executive Team to execute growth partnership and M&A strategy.
• Develop investments and acquisitions strategies.
• Create financial models and develop board materials.
• Lead due diligence activities and negotiations.

Skills

Analytical skills

Communication skills

Leadership

Strategic thinking

Problem-solving

Education

Bachelor’s degree

Master’s degree in Business Administration, Finance, or Engineering

Tools

MS Office (Excel, PowerPoint)

Job description

Overview

As the largest and leading value-based kidney care company, Somatus is empowering patients across the country living with chronic kidney disease to experience more days out of the hospital and healthier at home.

It takes a village of passionate and tenacious innovators to revolutionize an industry and support individuals living with a chronic disease to fulfill our purpose of creating More Lives, Better Lived. Does this sound like you?

Showing Up Somatus Strong

We foster an inclusive work environment that promotes collaboration and innovation at every level. Our values bring our mission to life and serve as the DNA for every decision we make:

• Authenticity: We believe in real dialogue. In any interaction, with patients, partners, vendors, or our teammates, we are true to who we are, say what we mean, and mean what we say.
• Collaboration: We appreciate what every person at Somatus brings to the table and believe that together we can do and achieve more.
• Empowerment: We make sure every voice gets heard and all ideas are considered, especially when it comes to our patients’ lives or our partners’ best interests.
• Innovation: We relentlessly look for ways to improve upon the status quo to continuously deliver new solutions.
• Tenacity: We see challenges as opportunities for growth and improvement — especially when new solutions will make a difference for our patients and partners.

Showing Up for You

We offer more than 25 Health, Growth, and Wealth Work Perks to help teammates learn, grow, and be the best version of themselves, including:

• Subsidized, personal healthcare coverage (medical, dental vision)
• Flexible Paid Time Off (PTO)
• Professional Development, CEU, and Tuition Reimbursement
• Curated Wellness Benefits supporting teammates physical and mental well-being
• Community engagement opportunities
• And more!

Reporting to the CFO, the Vice President, Corporate Development will be responsible for growth partnerships, mergers, and acquisitions.

Responsibilities

• The Vice President, Corporate Development will work with the Company’s Executive Team and other senior leaders to execute on the Company’s evolving growth partnership, mergers, and acquisitions strategy.
• Collaborate with the CFO and Executive Team to develop investments and acquisitions strategies
• Develop board and investor materials supporting transaction thesis and financials
• Financial modeling
• Build out relevant acquisition pipelines and prioritization of potential targets
• Lead due diligence activities and process
• Lead/support deal negotiations and transaction documents
• Work cross-functionally to prepare and the organization to execute acquisition integration activities

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Qualifications

Required

• Bachelor’s degree
• 5-7 years of corporate development experience or investment banking experience
• Minimum 3 years in Audit (Big 4) / Consulting, M&A (industry or boutique), Investment Banking or Private Equity; preferably experience in executing M&A strategy within a growth organization
• Proven ability to drive deal execution from start to finish, including identifying what risks require additional evaluation or mitigation, and when to walk away from a deal

Preferred

• Master’s degree in Business Administration, Finance, or Engineering

• Knowledge, Skills, and Abilities:

• Strong analytical and conceptual skills, good strategic thinking and business acumen
• High energy level, drive and a passion to succeed; eager to learn and to grow
• Strong interpersonal skills, including listening and very good communication skills (verbal and written)
• Self-starter, ownership and natural leadership & drive to get things done
• Pragmatic and "roll up sleeves" mentality, can do attitude, Result driven, strong work ethics
• Courage and self-confidence to take initiatives; autonomy
• Ability to work with people from different cultural backgrounds
• Thinking big picture yet understanding details
• Comfortable working in a very dynamic, fast-growing environment and an entrepreneurial, de-central organization
• Previous exposure and solid understanding of the M&A process (NDA, LOI, DD, SPA, PMI, etc.)
• Excellent interpersonal, communication, and team leadership skills
• Outstanding technical / conceptual understanding of finance and valuations
• Excellent knowledge of MS Office tools (Excel, PowerPoint)

Other Duties

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Somatus, Inc. provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are employed, and employees are treated during employment without regard to any of these characteristics. Discrimination of any type will not be tolerated.