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

Acadia Healthcare

$80K — $120K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance required; Master's preferred.
  • Preferred experience in a healthcare setting.
  • Background in healthcare finance and accounting, covering AP/AR, payroll, and general accounting.
  • Strong analytical and problem-solving abilities.
  • Effective communication skills for collaboration with department heads.

Responsibilities

  • Monitor and control accounts receivables.
  • Oversee Business Office functions to meet cash collection goals.
  • Enhance hospital profitability through cost management related to patient volume and staffing.
  • Develop and enforce accounting policies to ensure cash flow and revenue growth.
  • Prepare monthly financial statements and related analysis.
  • Provide account reconciliations and support for various departments.
  • Collaborate on the annual budget preparation, analyzing previous results and future needs.

Benefits

  • Opportunity for professional growth and development in a dynamic environment.
  • Hands-on training and mentorship under experienced financial leaders.
  • Exposure to various aspects of financial operations within the healthcare sector.
  • Work within a mission-driven organization focused on improving patient care.
Full Job Description
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:

  1. Monitor and control accounts receivables.
  2. Oversee Business Office functions to ensure cash collection goals are met and net revenue is accurately reported.
  3. Improve the profitability of the hospital by monitoring costs, particularly in relation to patient volume and staffing.
  4. 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.
  5. Prepare monthly financial statements, financial packages, and reports/analysis.
  6. Provide reconciliations, account analysis, and other information to support the Reimbursement Department, Tax Department, Auditors, etc.
  7. 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:

  1. Bachelor's degree in Accounting or Finance is required. Master's degree is preferred.
  2. Experience working in a healthcare setting is preferred.
  3. Experience in healthcare finance and accounting, including AP/AR, payroll, and general accounting.

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AHCORP

CFO in Training
Location: Dartmouth, MA
Pay Range: $80,000 - $120,000 annually (based on experience and qualifications)

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