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

Overview

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 our esteemed Southcoast Behavioral Health facility in Dartmouth, MA, renowned for its commitment to excellence in patient care. Southcoast is a 192-bed hospital conveniently located along the state’s southern coast, and readily accessible from Cape Cod, Boston, and Rhode Island. The Southcoast campus is place of hope and healing where patients receive exceptional psychiatric care in an atmosphere of serenity and tranquility. There may be opportunities for additional training at our various facilities nationwide.

 

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.

 

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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CFO in TrainingLocation: Dartmouth, MAPay Range: $80,000 – $120,000 annually (based on experience and qualifications)