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Acadia Healthcare

Operates extensive behavioral health treatment network

Chief Financial Officer - CFO

Corporate Finance & FP&AConfirmed live in the last 24 hours
Full-timeColumbia, MO, USAIn-person

About the Job

Requirements

  • A bachelor's degree in Accounting or a business-related field with a major in Accounting is required.
  • At least 3 years of successful CFO experience in a healthcare setting is desired.
  • Proven financial analysis skills are required.
  • Experience working with information technology and proficiency with Microsoft Excel and Word are required.
  • Demonstrated leadership ability is required.
  • Excellent written and verbal communication skills are required.
  • The ability to think strategically and solve problems is required.
  • The ability to establish and maintain effective working relationships with facility staff, physicians, and corporate staff is required.
  • The ability to lead with a high degree of emotional intelligence and ethics is required.

Responsibilities

  • Ensure monthly financial statements are completed accurately and on time.
  • Ensure balance sheet accounts are reconciled monthly in compliance with company policies and standards, and identify and correct outstanding variances promptly.
  • Prepare required corporate reports—including the Monthly Operating Report, Monthly Certifications, Corporate Disclosures, and forecasts—accurately and on time.
  • Ensure accounting and business office policies and internal controls are in place to support clean audits without material adjustments or deficiencies, and ensure approval processes are in place.
  • Direct Revenue Cycle operations to ensure timely accounts-receivable collection and minimize uncompensated care; work toward cash-collection and accounts-receivable-days goals, reduce bad debt and denials, and review revenue-cycle metrics to identify and address performance issues.
  • Ensure front-end Revenue Cycle processes are in place, including verification of insurance for all patients; work with the Financial Counselor to determine patient portions, approve discounts or charity, and properly log upfront collections.
  • Maintain working knowledge of federal, state, and managed-care reimbursement methodologies to ensure accurate facility payment and revenue deductions, and facilitate required cost reports.
  • Supervise Accounting, Patient Accounting, Health Information Management, Materials Management, and other departments assigned by the CEO, which may include Human Resources; ensure departments are adequately staffed and trained.
  • Ensure compliance with Group Purchasing contracts and monitor purchases to keep supply costs within budget.
  • Prepare the annual operating budget, participate in annual strategic planning, analyze budget variances, and assist the CEO in implementing changes to achieve budget goals.
  • Prepare annual capital budgets and Capital Equipment Requests, and ensure assets and related depreciation are recorded accurately and in compliance with company policies.

Desired Qualifications

  • Previous behavioral healthcare experience is highly preferred.
  • Previous experience with a proprietary healthcare system is highly preferred.
  • A CPA or master's degree is a plus.

About the Company

Acadia Healthcare

Operates extensive behavioral health treatment network

Acadia Healthcare runs the largest international network of behavioral health facilities, delivering treatment for mental health and addiction issues. It provides inpatient psychiatric care, substance abuse detox, residential treatment, and outpatient programs, with services including medication-assisted treatment, family therapy, and experiential therapies across multiple care levels. The company stands out through its vast network of 230 locations across 40 states and its partnerships with other health systems via joint ventures with organizations like Fairview Health Services, Orlando Health, and SCL Health. Its goal is to improve access to behavioral health care by expanding its network and partnerships to offer coordinated, end-to-end treatment nationwide.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Franklin, TN
Founded
2005

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