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Job Description:
Sector Finance Lead
Defense & Intelligence Business Unit
Overview:
Parson's finance organization is seeking a dynamic leader to join our team as the High Consequence Missions (HCM) Sector Finance Lead, responsible for a complex portfolio with roughly ~$0.8M of yearly revenue, 3 offline entities, and supporting acquisition and integration efforts for the business This highly visible position reports to the Vice President of Finance for D&I and partners heavily with the D&I team, including the Senior Vice President / Sector Manager, Sector Operations Lead, Sector Business Development Lead, Sector Project Controls Lead, Sector Program Managers, and others from the Sector Operations Team. This position requires an initiative-taking, team-oriented leader who can thrive in a growing, fast-paced organization. We are seeking a leader with growth potential who can scale with the business unit.
The Sector Finance Lead's primary responsibility is to manage a $0.8M revenue sector comprised of complex contract portfolio with a variety of contract @types, offline entities, and mix of service and product efforts. The portfolio spans a diverse clientele of U.S. Federal Government agencies, including the Department of Defense, Military Service Components, Combatant Commands, Intelligence Agencies, Missile Defense Agency, National Aeronautics and Space Administration, and the General Services Administration Federal Systems Integration and Management Center, and various contract @types including firm fixed price, time and materials, cost plus fixed fee, and cost plus award fee. This position includes providing financial support, guidance, and expertise to the various stakeholders both within and outside of the D&I and Sector organizations, and requires managing the monthly, quarterly and year-end financial close and reporting processes.
Location: Flexible with willingness to travel to Northern Virginia on occasion
Responsibilities Include:
Reporting to the D&I Vice President of Finance, this position requires:
Working in partnership with operation 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
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
Lead merger and acquisition activities including financial due diligence on acquisition targets. Ability to lead financing transactions including divestiture due diligence and, specifical purpose audits
Being engrained in the business development and capture process, providing expert informed financial and business recommendations and inputs to bid strategies and pricing decisions
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 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 15 years of experience in a financial capacity, preferably in the U.S. Federal Government contractor space. Minimum of 5 years management experience.
Is a collaborative, open, cooperative, and supportive team player, within D&I 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
Verifiable track record of leading, mentoring and developing a seasoned Finance team
Demonstrates flexibility in providing data in varying formats to suit user needs; has experience developing online dashboard information systems
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
Experience and ability to positively impact and resolve change management issues, including REAs, ECPs, etc.
M&A experience supporting due diligence and integration
Has a solid understanding of 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, SAP, Excel and MS Office suite of business tools
Security Clearance Requirement:
None
This 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: $186,800.00 - $357,100.00
This 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/ .
About Us
Parsons is a digitally enabled solutions provider focused on the defense, security, and infrastructure markets. With nearly 75 years of experience, Parsons is uniquely qualified to deliver cyber/converged security, technology-based intellectual property, and other innovative services to federal, regional, and local government agencies, as well as to private industrial customers worldwide.
Parsons is an equal opportunity, drug-free employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran/LGBTQ+.
For more about Parsons, visit parsons.com and follow us on Facebook, Twitter, LinkedIn, and YouTube.
