Financial Data Analyst
Location: Owings Mills, Maryland US
Requisition Number: 84200
Position Title:
External Description:
At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.Â
We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity. Â
Join us for the opportunity to grow and make a difference in ways that matter to you.Â
About This Position
The Financial Data Analyst is responsible for supporting the testing, implementation, and ongoing maintenance of automated financial information systems and updates related to assigned ERP, client invoicing, and other financial systems, with a focus on Client Invoicing, Revenue Accounting, Cash Management, and related Invoice-to-Cash processes.Â
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The role helps identify and evaluate process and system improvements, supports changes driven by business requirements, client needs, laws, and regulations, and works with Finance, Technology, and business partners to document needs, complete assigned analysis and testing, maintain procedures, and support reliable day-to-day use of financial systems.Â
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The position assists with new functionality, training and procedure materials, and user support, while building business expertise in assigned systems and financial processes.
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**This position requires 4 days/week on-site in Owings Mills, MD and will require on-site interviews**
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Role Summary
- Requires conceptual knowledge of theories and practices in Finance Systems Enablement, business analysis, system testing, data review, and related financial processes, with emphasis on Client Invoicing, Revenue Accounting, Cash Management, and Invoice-to-Cash activities.
- Works within standardized procedures and established team practices to support financial system enhancements, recurring production activities, user support, documentation, testing, and implementation tasks.
- Completes defined assignments such as documenting business needs, executing test scenarios, validating results, researching routine issues, updating procedures, and regularly verifying that work quality and timeliness support team objectives.
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Responsibilities
- Support financial system enhancements and process changes by completing assigned analysis, documentation, testing, implementation, and post-launch support activities.
- Gather and document business needs using established templates, including process notes, requirements, user stories, acceptance criteria, and decision or issue logs.
- Execute defined test scenarios, document results, identify defects or unexpected outcomes, and support retesting after issues are addressed.
- Assist with UAT, business readiness, communications, training materials, procedures, and implementation checklists.
- Monitor assigned production support items, recurring activities, data quality findings, or system maintenance tasks and follow established escalation procedures.
- Analyze system, process, or data issues using available documentation and standard methods; summarize findings and recommended next steps for review.
- Maintain process documentation, system procedures, job aids, training materials, and knowledge articles so information remains current and easy to use.
- Support monthly and quarterly Finance activities by completing assigned system, data, reporting, and control-related tasks accurately and on schedule.
- Coordinate with Finance, Technology, Enterprise Data, Operations, and third-party providers to exchange information, track actions, and support timely resolution of assigned items.
- Identify practical opportunities to reduce manual effort, improve data quality, strengthen controls, or make processes easier for users; share observations with more experienced team members.
- Build working knowledge of Client Invoicing, Revenue Accounting, Cash Management, financial systems, and the broader Invoice-to-Cash process through hands-on assignments and team learning.
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Qualifications
Required:
- Bachelor's degree in Business, Information Systems, Finance, Accounting, Data Analytics, Technology, or a related field, or the equivalent combination of education and relevant experience.
- 0+ years of total relevant work experience in finance, accounting, business analysis, systems support, data analysis, operations, or a related discipline.
- Conceptual understanding of accounting, financial processes, business analysis, information systems, or data management.
- Ability to follow standardized procedures, organize assigned work, meet deadlines, and check work for accuracy and completeness.
- Analytical and problem-solving skills, including the ability to collect information, identify patterns, and summarize findings.
- Clear written and verbal communication skills and the ability to work constructively with colleagues across business and technology teams.
- Attention to detail, curiosity, and willingness to build knowledge of financial systems and Invoice-to-Cash processes.
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Preferred:
- Internship, academic, or work experience involving finance, accounting, information systems, business analysis, data, operations, or process improvement.
- Working knowledge of common productivity tools used for analysis, documentation, communication, and presentation.
- Exposure to ERP platforms, billing systems, workflow tools, reporting platforms, testing tools, or enterprise applications.
- Exposure to Client Invoicing, Revenue Accounting, Cash Management, accounts receivable, billing, or related financial processes.
- Experience creating process documentation, test scripts, training materials, data analysis, or business requirements in an academic or professional setting.
- Interest in automation, analytics, artificial intelligence, workflow, or other technologies that can improve business processes.
FINRA Requirements
FINRA licenses are not required and will not be supported for this role.
Work Flexibility
This role is eligible for hybrid work, with up to one day per week from home.
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Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (e.g., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant work status).
Base Salary Ranges
Please review the job posting for the location of this specific opportunity.
$59,000.00 - $94,500.00 for the location of: Maryland, Colorado, Washington and remote workers$61,000.00 - $104,000.00 for the location of: Washington, D.C.
$69,500.00 - $118,000.00 for the location of: New York, California
Placement within the range provided above is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.
Commitment to Diversity, Equity, and Inclusion
At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.Â
Benefits
We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.  Â
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Featured employee benefits to enrich your life: Â Â
Competitive compensation Â
Annual bonus eligibility Â
A generous retirement plan Â
Hybrid work schedule Â
Health and wellness benefits, including online therapy Â
Paid time off for vacation, illness, medical appointments, and volunteering days Â
Family care resources, including fertility and adoption benefits Â
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T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.
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Community / Marketing Title: Financial Data Analyst
Company Profile:
Location_formattedLocationLong: Owings Mills, Maryland US
CountryEEOText_Description: Commitment to Diversity, Equity, and Inclusion: We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day. Benefits: We invest in our people through a wide range of programs and benefits, including: • Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions • Flexible and remote work opportunities • Health care benefits (medical, dental, vision) • Tuition assistance • Wellness programs (fitness reimbursement, Employee Assistance Program) Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering. T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.