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Job Description:
Parson’s finance organization is seeking a dynamic leader to join our team as the Finance/Project Controls Lead, responsible for supporting the Defense Industrial Directorate in our Federal Business. This highly visible position reports to the IS Sector Finance Lead and partners heavily with the IS team, including Senior VPs, VPs, Sector Finance Manager of IS, other Directorate and Sector Finance/ Project Control Leads, Program Managers, and others from the Operations Team. This position requires an initiative-taking, team-oriented leader who can thrive in a growing, fast-paced organization.
The Finance/PC Lead’s primary responsibility is to manage finances for a growing $200M complex contract portfolio. The portfolio includes a diverse clientele of U.S. Federal Government agencies, including the US Army Corp of Engineers (USACE) and other government contracting companies with a focus on with various contract types including firm fixed price, time and materials, and cost-plus fixed fee. This position includes providing financial support, guidance, and expertise to the various stakeholders both within and outside of the Directorate, and requires managing the monthly, quarterly and year-end financial close and reporting processes.
Location: Northern Virginia
Reporting to the IS Sector Finance Lead, this position requires:
• Working in partnership with operations leaders, project controls, FP&A, Government Accounting, and other finance team members for completion of monthly and annual business plans and quarterly forecast updates, and supporting preparation of annual strategic and operational plans
• Manage and develop a team of five Project Control Analysts
• Providing comprehensive analyses of monthly operating results including identification of trends, gaps, and risk and opportunity areas within the business and operations
• Demonstrating expertise in the application of ASC 606 to the business’ contractual revenue streams, particularly at the outset of new contracts and during month-end close
• Being engrained in the business development and capture process, providing expert informed financial and business recommendations and inputs to bid strategies and pricing decisions
• Supporting quarterly project reviews, examining and asking questions about financial health and progress related to large and strategic projects
• Detailed understanding of CAS segments and impact of rates on programs
• Providing analysis and evaluation of various business initiatives and enabling performance to the approved investment plan (i.e. Capital vs expense and Return on Investment)
• Completing special projects as needed to support financial management within the business
• Ensuring rolling forecasts and budget activity accurately reflect the business’ operational assumptions, and preparing accurate mid-period forecasts that reduce the level of variability from actual results
• Managing review of billed and unbilled receivables to ensure cash receipts and cash flow goals are met, including accurate cash flow forecasting
• Demonstrating superior people engagement and management skills, including fostering a culture of high trust, transparent communications and development opportunities, and engaging proactively in creating a workforce of diverse thinking, while actively demonstrating the pursuit of diversity, equity, and inclusion in our workforce
• Supporting various internal and external audits, including internal system and control, Sarbanes-Oxley compliance audits, DCAA audits, and financial statement audits
Qualifications:
• A Bachelor’s degree in Finance, Accounting or Business is required; MBA, CFA or CPA preferred
• A minimum 10-15 years of experience in a financial capacity, preferably in the U.S. Federal Government contractor space.
• Is a collaborative, open, cooperative, and supportive team player, within ES and across BUs
• Is a strong communicator and builds trust with BU and Sector executive leadership team, directorates and program managers as well as corporate leadership
• Track record of collaborating within the Finance and operational teams
• Demonstrated ability to supervise and develop a team of Finance professionals
• Demonstrates flexibility in providing data in varying formats to suit user needs
• Has experience working in a public company dealing with external third-party audit as well as executive leadership
• Demonstrated ability to perform effectively in a fast-paced environment and recognize the importance of relationship building and professionalism in interacting with both senior management and staff employees
• Ability to support surge times requiring work outside normal business hours to meet financial reporting priorities
• Experience and ability to positively impact and resolve change management issues, including REAs, ECPs, etc.
• M&A experience preferred supporting due diligence and integration as the need arises
• Has a solid understanding of Joint Venture (JV) finance and risk management (both populated and un-populated)
• High energy, dynamic professional with strong leadership presence
• Demonstrate strong federal finance and accounting experience – FAR, CAS, FPR, certified pricing, etc.
• Highly proficient with Costpoint, Excel and MS Office suite of business tools
Security Clearance Requirement:
NoneThis position is part of our Corporate team.For over 80 years, Parsons Corporation, has shaped the future of the defense, intelligence, and critical infrastructure markets. Our employees work in a close-knit team environment to find new, innovative ways to deliver smart solutions that are used and valued by customers around the world. By combining unique technologies with deep domain expertise across cybersecurity, missile defense, space, connected infrastructure, transportation, smart cities, and more, we're providing tomorrow's solutions today.Salary Range: $125,100.00 - $225,200.00We value our employees and want our employees to take care of their overall wellbeing, which is why we offer best-in-class benefits such as medical, dental, vision, paid time off, Employee Stock Ownership Plan (ESOP), 401(k), life insurance, flexible work schedules, and holidays to fit your busy lifestyle!This position will be posted for a minimum of 3 days and will continue to be posted for an average of 30 days until a qualified applicant is selected or the position has been cancelled.Parsons is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status or any other protected status.We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/.
Skills Required
- Bachelor's degree in Finance, Accounting, or Business
- 10-15 years of financial experience (financial capacity)
- Experience supervising and developing finance teams
- Expertise applying ASC 606 to contractual revenue streams
- Experience with FAR, CAS, FPR, and certified pricing
- Proficiency with Costpoint, Excel and Microsoft Office suite
- Experience with external third-party audits and public company reporting
- Experience managing billed/unbilled receivables and cash flow forecasting
- Ability to support surge times and work outside normal business hours
- Solid understanding of Joint Venture finance and risk management
- Experience in U.S. Federal Government contractor space
- MBA, CFA, or CPA
- Mergers & Acquisitions due diligence and integration experience
Parsons Corporation Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Parsons Corporation and has not been reviewed or approved by Parsons Corporation.
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Retirement Support — Retirement programs are framed as a major value driver, with an ESOP alongside a 401(k) match and additional stock-purchase options contributing meaningfully to total rewards. This structure is positioned as especially attractive for employees who value long-term wealth-building over immediate cash.
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Healthcare Strength — Health coverage is described as broad and choice-rich, with multiple plan types (PPO, HDHP, and some HMO networks) plus dental, vision, EAP, and wellness resources. The availability of different plan designs and national-carrier coverage supports varied employee needs.
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Leave & Time Off Breadth — Time-off offerings are portrayed as competitive, including PTO, holidays, flexible schedules such as a 9/80 option for eligible roles, and floating holidays in the U.S. Paid parental leave of 160 hours is also highlighted as a meaningful component of the overall package.
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What We Do
Parsons is a digitally enabled solutions provider with a focus on making the world safer, smarter, healthier, more sustainable, and more connected. Founded in 1944, Parsons primarily serves the defense, security, and infrastructure markets. Uniquely qualified to deliver cyber/converged security, technology-based intellectual property, and other innovative services, the corporation delivers state-of-the-art solutions to federal, regional, and local government agencies as well as to private industrial customers worldwide. Parsons has a reputation for inclusion and diversity and has been named to the Ethisphere Institute’s list of World’s Most Ethical Companies for 10 consecutive years. Parsons facilitates a culture of innovation by encouraging collaboration among its employees and providing opportunities for career growth. With offices around the globe, people of varied talents and backgrounds, and a wide range of exciting projects, the possibilities at Parsons are endless. For more about Parsons, visit www.parsons.com. Mission: Delivering innovative infrastructure, defense, and security solutions to enable a more sustainable, safer, smarter, and more connected world.
