CFO in training - Behavioral Health

Chief Financial Officer in Training

One of the nation's largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. has built an impressive record of achievement and performance. Growing steadily since its inception into an esteemed Fortune 300 corporation, annual revenues were $15.8 billion in 2024. During the year, UHS was again recognized as one of the World's Most Admired Companies by Fortune; and listed in Forbes ranking of America's Largest Public Companies. Headquartered in King of Prussia, PA, UHS has approximately 99,000 employees and continues to grow through its subsidiaries. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located all over the U.S. States, Washington, D.C., Puerto Rico and the United Kingdom.

The Chief Financial Officer in Training (CFOT) works alongside Finance Executives in UHS Regional Operations, Corporate offices, and free-standing inpatient psychiatric facility(s) for a period of 1 to 3 years*. Through a comprehensive UHS CFO Academy training program including a combination of on-the-job training, classroom, and experiential learning modes, CFOT develop the solid business acumen, expertise in the accounting and finance functions, and key leadership skills necessary to be a successful Finance Executive within a UHS Behavioral Health facility. *Length of training program dependent upon the individual's prior work experience and/or performance throughout the program.

The UHS Behavioral Health CFO Academy is a specialized development program designed to prepare future CFOs for leadership in Behavioral Health Finance. The Academy focuses on advancing from traditional financial management to strategic value creation, building expertise in financial planning, operational efficiency, collaborative leadership, and performance management. Through onsite training at UHS facilities and mentorship from experienced CFOs, participants gain practical insights into the evolving CFO role and emerging industry trends. This program equips finance leaders to drive sustainable growth and innovation across UHS Behavioral Health. Candidates must be open to relocation once training is successfully completed. UHS operates nearly 300+ Behavioral Health Facilities nationwide. 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 UHS once the program is completed.

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

• Prepare and analyze financial statements, including journal entries, balance sheets reconciliations, income statement analysis and explanations, financial and tax package completion, and financial reporting for assigned facilities
• Collaborate with Regional Director and facility operations leaders to develop, prepare, and analyze budgets and forecasts for assigned facilities, including presentations to senior management
• Actively participate in and complete CFOT-specific training curriculum (classroom, experiential, and online learning)
• Conduct financial analysis to identify trends, variances, and opportunities for improvement – including strategic financial direction and leadership
• Assist the Regional Financial Director in the review of month end close including analysis, research, and resolution of questions or concerns
• Participate in leadership training assignments including classroom, budget presentations, management coursework, etc.
• Assist in the completion of internal and external audits including providing documentation and explanations as required
• Perform other duties as assigned / required

Qualifications:

• 1 year of related experience
• Minimum education requirement of a Bachelor's degree in accounting or Finance, master's degree preferred
• Healthcare experience preferred
• Proficient in standard accounting operating procedures and principles
• Strong leadership and organizational skills
• Strong analytical skills with the ability to interpret complex financial data
• Strong communication skills (both verbal and written)
• Ability to relocate upon completion of the program (Relocation assistance provided by UHS)
• 15% Travel

This Opportunity offers the following:

• Challenging and rewarding work environment
• Growth and Development Opportunities within UHS and its Subsidiaries
• Competitive Compensation
• Excellent Medical, Dental, Vision and Prescription Drug Plan
• 401k plan with company match
• Generous Paid Time Off