Senior Vice President of Development in Franklin, TN at Acadia Healthcare

Date Posted: 7/1/2020

Job Snapshot

Job Description

Overview

Acadia Healthcare is seeking an energetic and innovative Senior Vice President of Development to join our team.

Who we are

Acadia provides psychiatric and chemical dependency services to its patients in a variety of settings, including inpatient psychiatric hospitals, specialty treatment facilities, residential treatment centers, outpatient clinics and therapeutic school-based programs.

Acadia Healthcare’s mission is to create a world-class organization that sets the standard of excellence in the treatment of specialty behavioral health and addiction disorders.

Acadia’s management style and philosophy is one of collaboration and flexibility as we create an energetic and team oriented service delivery system. Our organization values input from employees, physicians, and all strategic alliances. As evidenced in our mission statement, Acadia Healthcare’s mission is to create behavioral health centers where people receive care that enables them to regain hope in a supportive, caring environment. We want Acadia to be synonymous with excellent care, phenomenal customer service and an unparalleled commitment to our patients, staff, physicians, and community.

Acadia is a provider of behavioral healthcare services. At September 30, 2019, Acadia operated a network of 589 behavioral healthcare facilities with approximately 18,000 beds in 40 states, the United Kingdom and Puerto Rico. Acadia provides behavioral health and addiction services to its patients in a variety of settings, including inpatient psychiatric hospitals, specialty treatment facilities, residential treatment centers and outpatient clinics.

Your Impact

The Senior Vice President of Development researches and develops acquisition prospects.  Responsible for preliminary external opportunity assessment, intelligence gathering, and analysis of acquisition opportunities.  Prepares documented analysis to present and recommend business opportunities to executive leadership and the Board of Directors.  Represents the company in the behavioral health community cultivating relationships to attract business opportunities to the organization and foster strategic partnerships.        

Responsibilities

ESSENTIAL FUNCTIONS:

  • Leads analysis across markets and portfolio to determine potential growth opportunities.
  • Performs analysis of market positioning, operations, and finances of targets.
  • Performs a valuation of the target company and determines the appropriate legal and tax structure for the deal.
  • Coordinates and interacts with executives (internal and external), business leaders and Board members to negotiate a variety of transactions and structures, including acquisitions, investments, and other acquisition or divestiture structures.
  • Maintain relationships between the firm and sources of deal flow (e.g., investment banks)
  • Develop new sources of deal flow within the intermediary universe and through direct dialogue with industry executives
  • Create and prioritize target company lists in collaboration with investment professionals
  • Assist in managing internal CRM (process oversight, data entry when necessary) and help produce reporting for firm and deal team review
  • Generate acquisition opportunities via direct outreach (calling is a requirement) and industry networking
  • Attend conferences, management meetings, introductory meetings with executives and investment bankers – will act as the face of Acadia.
  • Communicate Acadia’s value proposition and approach to investing
  • Preparing ad-hoc reports and analysis as necessary
  • Collaboration with Sr. VP of Strategy, Legal and Operation executives
  • High degree of curiosity, creativity, proactive mentality and desire to work in entrepreneurial environment

OTHER FUNCTIONS:

  • Performs other duties as assigned.

 

STANDARD EXPECTATIONS:

  • Complies with organizational policies, procedures, performance improvement initiatives and maintains organizational and industry policies regarding confidentiality.
  • Develops constructive and cooperative working relationships with others and maintains them over time.
  • Encourages and builds mutual trust, respect and cooperation among team members.
  • Maintains regular and predictable attendance.

Job Requirements

EDUCATION/EXPERIENCE/SKILL REQUIREMENTS:

  • Bachelor’s degree in business or finance (MBA preferred) with 10 years’ minimum experience required (2-4 years of experience preferably at an investment bank, private equity firm, consulting firm or within a development role at a large company)
  • Experience in healthcare and transactional expertise, including management, control, direction, and oversight of the due diligence process throughout the states of the transaction.
  • Ability to work in a cross functional environment, as well as the ability to handle multiple transactions and manage a pipeline of deals and other activities on a regular basis.
  • Must be able to manage multiple tasks/projects simultaneously within inflexible time frames. Ability to adapt to frequent priority changes.
  • History of successfully overseeing, managing, negotiating and closing transactions across the health care continuum.
  • Proficient in valuation methodology and theory.
  • Emotional intelligence and presence to interact with C-level executives as well as key constituents of the company
  • Comfortable working with CRM systems and experience with developing summary reports and dashboards
  • Strategic thinker with ability to analyze complex data and trends.
  • A pattern of excellence, both personally and professionally, demonstrated by the individual’s educations, career track record, intellect and professional reputation
  • Ability to work professionally with sensitive, proprietary data & information while maintaining confidentiality.
  • Excellent verbal and written communication and presentation skills, as well as the ability to interact effectively with management teams
  • Experience with M/A
  • Self-motivated with strong organizational skills and superior attention to detail.

IND02

#LI-AHC