Job Description:
Parsons is looking for an amazingly talented Financial Specialist Associate to join our team! In this role you will get to perform a variety of assignments related to Financial and Accounting operations, as well as the processing of Contracts for the achievement of strategic and financial goals of the Division
What You'll Be Doing:
Provide administrative and financial support to the Division Business Manager.
Maintain standard accounting and financial records utilizing a computerized accounting system.
Prepare financial information for use by other departments, clients, and/or suppliers.
Prepare journal entries and write-offs for accounts receivable, unbilled, and accounts payable.
Summarize costs and performs financial analyses for proposal spending, and distributes weekly proposal spending reports to management.
Summarize and analyzes monthly overhead spending by Sub-Sector and distributes monthly overhead and proposal spending reports to management.
Perform financial reconciliations, including analysis of accounts receivable and unbilled aging reports, and analysis of reserves.
Summarize cash receipts and sub-consultant payments and distributes weekly reports to Sectors, Sub-Sectors and Project Managers.
Maintain Insurance Certificate Tracking System.
Apply the provisions and terms of sub-consultant agreements to ensure COIs are in compliance.
Upload sub-consultant agreements and certificates of insurance.
Serve as liaison with insurance provider in securing the necessary COIs for new contracts and proposals.
Assist the Division Business Manager in the development of the annual overhead budget.
Assist with preparation of various financial summaries, including Monthly Operations Reports and Business Plan preparations.
Perform other responsibilities associated with this position as may be appropriate.
What Required Skills You'll Bring:
Degree in Accounting, Finance, or Economics (or equivalent).
2+ years of related work experience;
Strong working knowledge of accounting/financial concepts and practices, as well as accounting processes and systems.
Strong written and oral communication skills, and a proficiency in PC software packages typically associated with accounting.
What Desired Skills You'll Bring:
Experience in dealing with various types of contracts (e.g., firm-fixed-price, fixed-price with economic price adjustment, fixed-price incentive, cost reimbursement, cost sharing, cost-plus-incentive-fee, cost-plus-award-fee, cost-plus-fixed-fee, and time and material)
Salary Range:
$25.53 - $47.45 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 health, vision, dental, employer paid provincial care premiums, Defined Contribution Pension Plan (DCPP), Tax-Free Savings Account (TFSA), Registered Retirement Savings Plan (RRSP), life insurance, paid time off, sick leave, all province observed holidays off, and gym membership discounts to fit your busy lifestyle! Parsons is an equal opportunity employer committed to diversity, equity, inclusion, and accessibility in the workplace. Parsons equally employs representation at all job levels for indigenous peoples, women, individuals with disabilities, and visible minorities. 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/ .
