Combine the Ingredients: In a medium bowl, blend together the cream cheese, roasted red peppers, green olives, sun-dried tomatoes, basil, walnuts, garlic powder, Italian seasoning, salt, and pepper until smooth and evenly mixed.

Shape and Chill: Transfer the mixture onto plastic wrap, shaping it into a neat log. Wrap tightly and refrigerate for at least 2 hours, or until firm.

Garnish and Serve: Unwrap the chilled log and roll it in chopped fresh parsley for a bright, festive coating. Serve with an assortment of crackers, crostini, or sliced baguette.