Director of Finance

As the premier, self-governing insurance company for nonprofit organizations headquartered in Washington, D.C., AMHIC provides its member organizations with a flexible portfolio of high-quality, cost-effective benefits programs. As Director of Finance, you will report to and work closely with the Executive Director. You will lead accounting and finance operations for AMHIC and its wholly owned administrative subsidiary, Select Benefit Plan Administrators, Inc. (SBPA). Together, these entities manage a combined annual budget of approximately $36 million across self-insured and fully insured plan premiums and operating expenses.

In this role, you will oversee all financial operations supported by an outsourced accounting firm. Core responsibilities include full-cycle accounting, cash-flow monitoring, financial reporting and analysis, month-end close, audits, regulatory filings, and maintaining strong internal controls. You will coordinate a range of long-standing external partners, including the third-party administrator, actuary, auditor, tax and legal advisors, captive manager, and insurance consultant, to ensure timely, accurate, and compliant financial activity. AMHIC operates with a lean internal team and established systems, including Sage Intacct and Bill.com. You will have the autonomy to refine processes, strengthen controls, and formalize procedures as the organization continues to mature operationally.

Beyond day-to-day financial management, you will serve as a strategic partner to the Executive Director and the Board. You will provide clear financial insights that support informed decision-making. You will develop data-driven forecasts, assess trends and risks across the insurance landscape, evaluate reports from external partners, and anticipate the information leadership needs to guide long-term planning.

How You’ll Make an Impact

AMHIC currently supports 62 member organizations and more than 2,000 employees through its benefits plans. Your work will directly influence AMHIC’s ability to continue delivering high-quality, affordable, and predictable healthcare coverage to this community of mission-driven nonprofits. By safeguarding financial stability, strengthening controls, and improving financial clarity, you will help ensure that AMHIC remains a trusted and sustainable partner for its members. Your insights will support informed decision-making for the Executive Director and Board and help AMHIC anticipate trends and risks across a changing benefits and insurance landscape. You will be joining a stable, mission-focused organization that values balanced workloads and independent judgment and offers competitive compensation and benefits in support of that commitment.

Work Environment, Salary, and Benefits

• This is a fully remote role with occasional travel to AMHIC meetings in DC and an annual board meeting in South Carolina—preference for candidates based in the Mid-Atlantic region.
• The budgeted salary range for this position is $140K – $160K with an outstanding benefits package including generous annual and sick leave plus 12 company holidays; comprehensive medical, vision, and dental coverage with an FSA or HSA option; short and long-term disability insurance; a 401(k) with 10% employer contribution, and more.

Responsibilities

Strategic Financial Leadership

• Serve as a trusted advisor to the Executive Director and provide coverage during their absence.
• Oversee the outsourced accounting team, investment advisor and other financial service providers. Lead development of the annual budget, monitor performance against plan, analyze variances, and recommend corrective actions.
• Develop financial forecasts, evaluate organizational risks, and provide insights that inform strategic planning and decision-making.
• Prepare financial reports for the Board of Directors and participate in all related meetings, including the Annual Meeting of the Membership.
• Maintain and update accounting policies, procedures, and supporting documentation.
• Plan, schedule and prepare materials for the Finance, Investment and Audit committee meetings

Financial Operations & Reporting

• Manage full-cycle accounting, including billing, financial statements, general ledger, accounts payable, accounts receivable, and revenue recognition.
• Maintain complete and accurate general ledgers and oversee timely monthly and annual financial reporting.
• Monitor cash flow, financial performance, and key metrics and provide regular updates to the Executive Director and Executive Committee.
• Oversee payroll and 401(k) administration through Paychex.
• Strengthen internal controls, refine financial processes, and formalize documentation across systems and workflows.

Compliance, Audit & Tax

• Serve as the primary liaison for external audits and ensure all documentation, schedules, and responses are accurate and timely.
• Oversee the tax filing process, including review of returns prepared by external tax accountants.
• Maintain compliance with all local, state, and federal financial, tax, and reporting requirements.
• Ensure timely filing of all required government reports and documents, including 1099s, Form 5500, W-2s, and 401(k) communications.
• Manage annual corporate insurance renewal bidding and applications and coordinate related reporting.

Member Support

• Manage financial interactions with member organizations, including medical loss ratio rebate payments and Subscriber Savings Account allocations and payouts.
• Prepare and distribute required financial documents to members, including Form 5500 Schedule A.
• Respond to member inquiries related to financial reporting and related issues.

Qualifications

• Bachelor’s degree in accounting or finance; CPA or master’s degree a plus.
• 7+ years of progressive accounting or finance experience. Employee benefits, insurance, or captive/MEWA environments a plus.
• Strong technical accounting skills with experience managing general ledger, financial statements, cash flow, and month-end close.
• Proven ability to coordinate outsourced accounting, auditors, actuaries, TPAs, and legal/tax partners; skilled at reconciling data and managing escalations.
• Experience preparing and presenting financial reports, budgets, forecasts, and variance analyses to senior leaders, boards, and committees.
• Proficiency with accounting and reporting systems (e.g., Sage Intacct, Bill.com, Paychex) and strong Excel/Office 365 skills.

About AMHIC

AMHIC operates as a reciprocal association, owned and managed by its member organizations, using the negotiating power of a consortium to offer competitive premiums, high-quality benefits and exceptional service to employees of small and mid-size mission-based not-for-profit organizations that are dedicated to supporting education, research and/or public service.

*AMHIC has a management services agreement with Select Benefit Plan Administrators, Inc. (SBPA), a wholly owned subsidiary of AMHIC. SBPA provides administrative, consulting, and insurance management services to AMHIC. Employees of SBPA include the Executive Director, the Director of Finance & Administration, and the Operations Manager. AMHIC does not have any employees. The Nonprofit Consortium, Inc. (NPC) was organized to provide various services for the benefit of its members, who are also subscribers of AMHIC.

Staffing Advisors is committed to reducing bias in every aspect of the hiring process. We have long recommended a competency-driven approach to hiring. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, or any other basis protected by law. We encourage you to apply even if your experience is not a 100% match with the position description; we will consider people from a variety of backgrounds and career experiences.