CFO in Training in Franklin, TN at Acadia Healthcare

Date Posted: 8/4/2022

Job Snapshot

  • Employee Type:
  • Location:
    Franklin, TN
  • Job Type:
  • Date Posted:

Job Description


Acadia is a leading provider of behavioral healthcare services across the United States. Acadia operates a network of 228 behavioral healthcare facilities with approximately 9,900 beds in 40 states and Puerto Rico. With more than 20,000 employees serving approximately 70,000 patients daily, Acadia is the largest stand-alone behavioral health company in the U.S. Acadia provides behavioral healthcare services to its patients in a variety of settings, including inpatient psychiatric hospitals, specialty treatment facilities, residential treatment centers and outpatient clinics. Acadia continues to grow through organic hospital development and acquisitions and given this unprecedented growth, we have developed an exciting program to harness and develop talent for future financial executive positions within our behavioral health hospitals and programs.

The Chief Financial Officer (In Training) will function in a mentee role under the mentorship of assigned Chief Financial Officer.  CFO Mentee shall perform tasks as assigned through the formal CFO Training Program and become familiar with day-to-day operations and financial management of the healthcare facility.  While the majority of the training will take place at the facility assigned, training will also take place at other Acadia facilities, at the discretion of the Operations CFO and/or Controller.  At the completion of training, the CFO will be assigned to a facility.

Candidate must be open to relocation to a facility to complete the training program. Candidates that successfully complete the program will be placed in a Chief Financial Officer role and will need to be open to relocation. Relocation assistance is provided to candidates by Acadia.

The successful Chief Financial Officer in training will work to develop the following skills and responsibilities:

  • Monitor and control accounts receivables.
  • Closely oversees Business Office functions to ensure cash collection goals are met, and net revenue is properly stated.
  • Improve the profitability of the hospital. Continually monitor costs in all areas, especially staffing as it relates to patient volume.
  • Develop and monitor policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced hospital operating costs, and increased revenues.
  • Prepare monthly financial statements, financial packages, reports/analysis
  • Provide reconciliations, account analysis, and other information for Reimbursement Department, Tax Department, Auditors, etc., to aid in preparation of reports.
  • Prepare annual budget in conjunction with Acadia standards. In cooperation with management and department heads, reviews prior financial results and discusses anticipated changes to highlight future needs and trends of the facility.

Minimum requirements for the program:

  • BA in Accounting or Finance required, Masters degree preferred.
  • Experience working in a healthcare setting preferred.
  • Experience in healthcare finance and accounting, (i.e. AP/AR, payroll, accounting, etc.) 

This Opportunity offers the following:

  • Challenging and rewarding work environment
  • Growth and Development Opportunities within Acadia and its Subsidiaries
  • Competitive Compensation
  • Medical, Dental, Vision and Prescription Drug Plan
  • 401k plan with company match