Finance & Project Controls Intern --… at ParsonsKellogg · US - VA

Summary: ParsonsKellogg is a company that specializes in defense, intelligence, and critical infrastructure markets. They are seeking a Finance Intern to support the Engineering Solutions division, where the intern will gain hands-on experience across all phases of the contract life cycle and assist with various financial management tasks. Responsibilities: - Prepares required field and office reports of various activities and findings - Researches and gathers statistics and related data for periodic and/or special onetime reports - Reviews, verifies, and formats this information into reports for use within and outside the unit - Prepares accompanying correspondence and distributes reports as directed - Assist in setting up new project structures within financial systems (WBS, charge codes, funding alignment) - Support contract review to identify key financial terms (funding, contract type, ceilings) - Help validate data entry accuracy for newly awarded contracts - Coordinate with Project Managers and Finance to ensure proper project initialization - Assist with project forecasting (revenue, cost, and funding projections) - Support variance analysis by comparing actuals vs. budget/forecast - Help identify and research cost variances and anomalies - Compile financial data for internal reporting and program reviews - Track funding and expenditures to ensure alignment with contract limits - Assist with financial reconciliations for contract closeouts - Help review project balances to ensure all costs are recorded accurately - Support de-obligation and final invoice preparation activities - Ensure documentation is complete and compliant with audit requirements - Coordinate with cross-functional teams to resolve outstanding financial items - Assist with reconciling financial data between systems - Support month-end close activities, including data validation and cleanup - Help prepare journal entry support and backup documentation as needed - Assist in reviewing employee timecards for accuracy and compliance - Reconcile labor data across multiple systems - Identify and escalate discrepancies or missing entries - Support audit readiness by ensuring proper documentation of labor charges - Assist in preparing and reviewing customer invoices for accuracy and compliance - Support compilation of required documentation for invoice substantiation - Ensure billing aligns with contract terms (e.g., cost-plus, fixed price, T&M) - Coordinate with internal stakeholders to resolve billing issues prior to submission - Assist in reconciling unbilled receivables to ensure accuracy and completeness - Investigate discrepancies between incurred costs and billed amounts - Support preparation of supporting schedules for unbilled balances - Gain exposure to federal contracting regulations and compliance requirements (e.g., FAR, CAS) - Participate in internal financial reviews and project status meetings - Learn financial systems commonly used in government contracting environments - Assist with the reconciliation and update of new forecasting tools - Develop analytical, problem-solving, and Excel/data management skills Required Qualifications: - Students currently enrolled in a bachelor's degree program in an Accounting - Minimum GPA of 3.0 - Ability to communicate effectively both orally and in writing - Strong interpersonal, teamwork, and leadership skills - Good analytical, conceptual, and problem-solving skills to evaluate business problems and apply knowledge to identify appropriate solutions - Must be eager to learn, self-motivated, flexible, accountable and can effectively handle multiple tasks at one time - Excellent organizational and time-management skills. Detail-oriented - Proficiency in Microsoft Office, Excel, Word, Project Required Skills: Microsoft Office, Excel, Word, Project, Financial reporting, Data analysis, Contract financial management, Forecasting, Variance analysis, Financial reconciliation, Billing review, Labor data reconciliation, Federal contracting regulations, Analytical Internship Start Date: Start in 2026 Summer Benefits: 401K