Careers
Why Join Parsec Financial?
We are a family-and-employee-owned company. As of December 31, 2021, 44 employees (70% of eligible employees; 63% of all employees) are shareholders, owning 46% of the firm. We truly care about the financial well-being of our clients and our company’s success!
About Parsec Financial
Parsec is a SEC registered fee-only financial advisory firm with $3.745 billion in assets under management as of Dec. 31, 2022. Our financial advisors ― backed by a robust team of financial planners, client service specialists and investment professionals ― provide financial planning, investment management, tax planning and trust services. We also provide business retirement services to support employer-sponsored retirement plans. Founded in Asheville in 1980 by Bart Boyer, Parsec now serves 2,069 families and businesses with 75 employees in six offices across North Carolina.
- Compensation
- Balance
- Benefits
- Philanthropy
- Culture
Five Primary Elements of Compensation
Base salary – We use industry peer studies to set our salary ranges for all positions.
Annual incentives – All full-time employees are assigned attainable goals each year. If the firm meets revenue targets, bonus income is paid out on achieved goals.
Profit sharing plan – When Parsec succeeds, eligible employees succeed by participating in our profit-sharing plan.
Stock ownership – After one year of employment, employees are eligible to purchase stock at a discount at the end of the following year. Moreover, some employees can exchange up to 50% of their annual bonus for shares. Advisors and management participate in a merit-based plan to receive awarded shares.
Revenue credit – All eligible employees are rewarded for generating new business.
Work-Life Balance
We work hard and play hard. During the day we are dedicated to our clients and the business, but we take pride in the notion that come 5pm we transition back to our other responsibilities as a parent, spouse, friend and more!
Benefits
In addition to generous PTO and medical insurance, Parsec offers VTO (Volunteering Time Off). We also encourage further education by covering pre-approved costs associated with credentialing and continuing education.
Philanthropy
Happy Employees
As of October 1, 2021, our average employee tenure was 7 years. We provide a collaborative and positive work environment for our employees to thrive, and we have fun along the way!
Parsec Job Openings
Our current openings are below. Thank you for your interest!
We can only thrive as a company if we have the best employees on staff. We recognize that the financial services industry has an underrepresentation of people of color and women in its workforce, particularly in higher paid and leadership roles. We seek to improve the diversity of our staff as well as the inclusivity of our working environment. We welcome all qualified applicants to apply regardless of gender, race or religion. Think you’re a good fit for us, but don’t see an open position that suits you? Contact us at hr2@parsecfinancial.com and let us know why.
Tax Manager (South Asheville, NC or remote)
- Review of tax compliance and consulting engagements performed by Senior Tax Specialists and Tax Specialists, including their preparation of tax returns for individuals, businesses, fiduciaries, and other entities.
- Find and implement opportunities for process improvement in company tax procedures.
- Oversight and management of tax office information technology, including hardware, software and cloud-based applications used for tax return preparation, research and planning.
- Management of client relationships and performance of higher-level tax planning, consulting and compliance engagements.
- Assisting Tax Directors with management of client billing and receivables
- Assisting Tax Directors with department revenue and expense analyses, budgeting and planning.
- Assisting Tax Directors with supervising Senior Tax Specialists and Tax Specialists including conducting performance reviews as needed.
- Supporting and assisting Parsec Wealth Management Advisors in their delivery of services and support to their respective clientele.
- CPA designation.
- 5+ years of experience in accounting, with an emphasis in tax services.
- Strong knowledge of tax code, compliance, procedures, and the practical ability to apply these to clients’ income, gift, estate, payroll, and other tax situations.
- 2+ years of experience supervising staff and reviewing tax returns and planning engagements.
- Proficiency in tax and accounting software.
- Proficiency in Microsoft Office and CRM.
- Collaborative and able to work effectively with others.
- Able to communicate tax strategies to clients in an engaging and understandable fashion.
- Willingness to continually learn, adapt, and apply new tax laws, regulations, rulings and case law.
- Creative problem solver, and competent decision maker.
- Quickly identifies and understands issues, problems, and opportunities.
- Provides clear and actionable feedback on an ongoing basis.
- Continuously exhibits personal integrity and professional initiative.
- Delegates assignments and decisions in a manner that develops others.
- Must be organized, detail-oriented and able to reprioritize tasks.
- Recognizes what tasks are most critical and gives those tasks more time, attention, and energy.
- Is honest, open, and transparent.
- Demonstrates a commitment to accuracy by delivering high quality, error-free work.
- Maintains knowledge in given area of expertise.
- Demonstrates ability to work successfully in an entrepreneurial, small company environment.
- Highly adaptable to change and open to new ideas.
- Provides the information people need to know to do their jobs and to feel good about being a part of the team and organization.
Billing Specialist (Asheville, NC or remote)
- Execute client billing and all Accounts Receivable (A/R) tasks, including generating invoices, debiting client fees, posting payments, posting refunds for dropped clients, providing data to internal accountant on request, and other billing-related matters.
- Assist with special projects as requested.
- Assist Billing Analyst and Director of Finance with any special projects specifically related to billing tasks.
- Bachelor’s degree preferably in business, accounting, finance, economics or related experience.
- 1+ years of experience in client service and/or operations in the financial services industry (preferably with an independent registered investment advisory firm).
- Proficiency in Microsoft Word and PowerPoint; experience with CRM and portfolio accounting/reporting software programs preferred but not required.
- Strong Excel skills are a requirement, as the role requires heavy use of the program.
- Is viewed as a knowledgeable resource in areas of expertise.
- Is seen as a collaborative team player
- Quickly identifies and understands issues, problems, and opportunities.
- Must be organized, exceptionally detail-oriented, and able to reprioritize tasks.
- Excellent written and verbal communication skills.
- Recognizes what tasks are most critical and gives those tasks more time, attention, and energy.
- Is honest, open, and transparent.
- Demonstrates a commitment to accuracy by delivering high quality, error-free work.
- Maintains knowledge in given area of expertise.
- Demonstrates ability to work successfully in an entrepreneurial, small company environment.
- Highly adaptable to change and open to new ideas.
- Provides the information people need to know to do their jobs and to feel good about being a part of the team and organization.
