Chief Financial Officer (CFO) in Training - Tower Behavioral Health

Acadia Healthcare; Reading (Berks County); On-site; USD 60,000 - 90,000; Full time

Job summary

Acadia Healthcare seeks candidates for its CFO Training Program, offering a unique opportunity to train under a CFO. Participants will develop essential skills in healthcare finance, focusing on financial management and operational decision-making. Upon completion, individuals will assume leadership roles that impact patient outcomes.

Benefits

Competitive compensation package

Comprehensive medical, dental, and vision plan

Tuition reimbursement

401(k) plan with company match

Relocation assistance

Qualifications

• Bachelor's degree required; Master's preferred.
• Experience in healthcare finance preferred.
• Strong understanding of accounts payable/receivable.

Responsibilities

• Monitor accounts receivables and oversee Business Office functions.
• Prepare monthly financial statements and collaborate on budget preparation.
• Develop policies to improve profitability and ensure cash flow.

Skills

Financial Management

Strategic Planning

Cost Monitoring

Account Analysis

Education

Bachelor's degree in Accounting or Finance

Master's degree (preferred)

Job description

Overview

Join Acadia Healthcare's CFO Training Program and embark on an exciting journey to become a future leader in the field of behavioral healthcare finance. As the largest stand-alone behavioral health company in the U.S., Acadia is at the forefront of providing comprehensive care to approximately 75,000 patients every day across our network of 250 plus facilities in 42 states and Puerto Rico.

We are seeking talented individuals to join our Chief Financial Officer in Training program, where you will work directly with an assigned CFO as your mentor. This unique opportunity will immerse you in the dynamic world of behavioral healthcare finance, allowing you to gain invaluable hands-on experience and knowledge of day-to-day operations within our facilities.

Your primary training will take place at Tower Behavioral Health System in Reading, PA. Nestled on a picturesque 83-acre campus, TBH boasts a cutting-edge 144-bed inpatient facility, complemented by various levels of outpatient services. Tower Behavioral Health provides clinically excellent care for adolescents ages 14-17 and adults age 18 and older who are living with primary mental health concerns and co-occurring addiction.

See More Here: https://www.towerbehavioralhealth.com/about/

Throughout the program, you will be exposed to diverse financial management practices, strategic planning, and operational decision-making processes. The duration of this program is typically 6 to 18 months depending on the individual. Our goal is to equip you with the skills and expertise necessary to excel as a CFO within the behavioral healthcare industry. Upon successful completion of the training program, you will be assigned a leadership role within one of our facilities, where you will continue to make a meaningful impact on patient outcomes and organizational success.

Don't miss this chance to join Acadia Healthcare, a company that is revolutionizing behavioral healthcare and continuously expanding its reach. If you are driven, passionate about making a difference, and ready to take on the challenges of a rewarding career, apply now to become part of our CFO in Training Program.

Together, we will transform lives and shape the future of behavioral healthcare. Join us on this incredible journey today!

Benefits and Compensation: Acadia offers the following benefits to employees:

Challenging and rewarding work environment.

Growth and development opportunities within Acadia and its subsidiaries.

Competitive compensation package.

Comprehensive medical, dental, vision, and prescription drug plan.

Tuition reimbursement

401(k) plan with company match.

Relocation Requirement: Candidates must be open to relocation for training purposes and eventual placement as a Chief Financial Officer. Acadia provides relocation assistance to candidates who successfully complete the program.

Responsibilities

Responsibilities of the Chief Financial Officer in Training: During the training program, the CFO in training will focus on developing the following skills and responsibilities:

Monitor and control accounts receivables.

Oversee Business Office functions to ensure cash collection goals are met and net revenue is accurately reported.

Improve the profitability of the hospital by monitoring costs, particularly in relation to patient volume and staffing.

Develop and enforce policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced operating costs, and increased revenues.

Prepare monthly financial statements, financial packages, and reports/analysis.

Provide reconciliations, account analysis, and other information to support the Reimbursement Department, Tax Department, Auditors, etc.

Collaborate with management and department heads to prepare the annual budget, reviewing prior financial results and identifying future needs and trends of the facility.

Qualifications

Minimum Requirements for the Program: To be considered for the CFO Training Program, candidates must meet the following criteria:

Bachelor's degree in Accounting or Finance is required. Master's degree is preferred.

Experience working in a healthcare setting is preferred.

Experience in healthcare finance and accounting, including AP/AR, payroll, and general accounting.

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