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Job Description:
IS Sector Finance Lead
ES Business Unit
Overview:
Parsons’ finance organization is seeking a dynamic leader to join our team as the Infrastructure Solutions’ (IS) Sector Finance Lead, responsible for supporting the Engineered Systems (ES) Business Unit in our Federal Business. This highly visible position reports to the Vice President of Finance for ES and serves as a key business partner for the Sector Senior Vice President of IS. Direct reports include the Project Controls Directors for the Energy & Nuclear, Defense & Security Facilities, and Defense Industrial business groups. This position collaborates with the ES Senior Vice President of Operations, Senior VP of Business Development, as well as the Sector Program Managers and Support Department Leads. This position requires an initiative-taking, team-oriented leader who can thrive in a growing, fast-paced organization.
The IS Sector Finance Lead’s primary responsibility is to manage finances for a growing ($400M to $500M) complex contract portfolio. The portfolio includes a diverse clientele of U.S. Federal, allied, and commercial clients supporting US Government (USG) funded programs. Key client accounts include the Department of War (DOW) Services, Department of Energy (DOE), Department of Homeland Security (DHS), US Army Corps of Engineers (USACE), U.S. General Services Administration (GSA), and the National Aeronautics and Space Administration (NASA), with various contract types including firm fixed price, time and materials, and cost-plus award fee, and cost-plus fixed fee. This position includes providing financial support, guidance, and expertise to the various stakeholders both within and outside of the ES and IS Sector organizations, and requires managing the monthly, quarterly and year-end financial close and reporting processes.
Location: Chantilly or Centreville, Virginia preferred or Remote with option to periodically travel to VA offices. Travel to project and client sites will also be required, as directed by the IS Sector Manager & ES VP of Finance.
Responsibilities Include:
Reporting to the ES Vice President of Finance, 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.
- Providing comprehensive analyses of monthly operating results including identification of trends, gaps, and risk and opportunity areas within the business and operations.
- Approval of monthly project accruals as prepared by project control analysts/Directorate finance leads
- 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.
- 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 varied thinking including the exploration of AI options
- Management of three to four Directorate PC Leads and approximately twelve project control analysts.
- 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 fifteen years of experience in a financial capacity, preferably in the U.S. Federal Government contractor space.
- Prior experience working operational finance and FP&A for construction and design build projects.
- Advanced leadership skills with ability to perform in a management capacity.
- Is a collaborative, open, cooperative, and supportive team player, within ES and across business units.
- 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.
- 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 Cost Point, SAP, 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: $134,100.00 - $241,400.00This position is eligible for incentive compensation.We 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
- MBA, CFA or CPA
- Minimum fifteen years of experience in a financial capacity, preferably in U.S. Federal Government contracting
- Experience in operational finance and FP&A for construction and design-build projects
- Advanced leadership skills with ability to perform in a management capacity (managing 3-4 Directorate PC Leads and ~12 analysts)
- Strong communication, collaboration, and ability to build trust with executive leadership and program managers
- Experience working in a public company with external third-party audits and executive leadership interaction
- Ability to support surge times requiring work outside normal business hours to meet reporting priorities
- Experience resolving change management issues including REAs and ECPs
- Mergers & Acquisitions experience supporting due diligence and integration
- Understanding of Joint Venture finance and risk management
- Demonstrated federal finance and accounting expertise (FAR, CAS, FPR, certified pricing)
- High proficiency with Costpoint, SAP, Excel and Microsoft Office suite
- Willingness/ability to travel periodically to Virginia offices, project and client sites
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.
Parsons Corporation Insights
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.
