Manager, Financial Planning & Analysis - Investment Products

T. Rowe Price; Owings Mills (MD); Hybrid; USD 87,000 - 148,000; Full time

Benefits offered by this job

Hybrid work schedule

Annual bonus eligibility

Retirement plan

Wellness benefits

Paid time off

Job summary

T. Rowe Price is seeking a Manager on the Financial Planning & Analysis (FP&A) team in our Maryland office. The role focuses on financial reporting, forecasting, modeling, and partnering with the Investments business unit to identify risk and opportunities.

You will lead Excel-based analyses, support budgeting and month-end close, and communicate key drivers to senior leadership. Hybrid work up to one day per week from home, with a strong compensation and bonus program.

Qualifications

• Bachelor's degree and 5+ years of relevant work experience.
• Excellent verbal and written communication skills.
• Ability to lead cross-functional initiatives, providing guidance and support to analysts.
• Advanced Power Point and Excel skills.
• High proficiency in analyzing and synthesizing complex financial data into meaningful executive summary statements.
• Responsive, team-oriented approach with excellent client-service skills for effective relations with internal clients.
• Experience creating data visualizations, storyboards, or dashboards in Power BI a plus.
• Experience with financial planning systems (i.e. Oracle, SmartView).
• Knowledge of accounting principles.

Responsibilities

• Updates/refines short-term and long-range forecasts and methodologies using multiple inputs and assumptions to reflect changes in business strategies using deep knowledge of the business unit gained through business partnerships.
• Supports budgeting, quarterly forecasting, and long-range planning processes.
• Performs monthly variance analysis (actuals vs. budget/forecast/prior periods) and clearly communicates key drivers.
• Supports month-end close activities, ensuring accuracy and completeness of financial results.
• Supports business unit decision making by leveraging advanced Excel modeling skills.
• Conducts trend analysis on financial data including AUM, revenue and product related costs.

Skills

Excel

PowerPoint

Financial modeling

Leadership

Cross-functional

Education

Bachelor's degree

Tools

Power BI

Oracle

SmartView

Job 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. 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. Join us for the opportunity to grow and make a difference in ways that matter to you.

*Before applying, please note that this position is based in our Maryland office and requires in-office presence four days per week. Only the Maryland compensation range displayed below applies to this role, regardless of a candidate's current location. Remote work beyond this arrangement and alternative office locations are not available.

Role Summary

The Manager will be on the Financial Planning & Analysis (FP&A) team helping to support the Investments business unit and Product. This will include financial reporting, strategic planning, forecasting, financial modeling, and partnering with the business. The leader will be responsible for analyzing the financials of the business unit to identify and communicate areas of financial risk and/or opportunity. They will possess a mix of complex business analysis and problem-solving skills, strong verbal and written communication skills, and knowledge/interest in asset management and global trends.

Responsibilities

• Updates/refines short-term and long-range forecasts and methodologies using multiple inputs and assumptions to reflect changes in business strategies using deep knowledge of the business unit gained through business partnerships.
• Supports budgeting, quarterly forecasting, and long-range planning processes.
• Performs monthly variance analysis (actuals vs. budget/forecast/prior periods) and clearly communicates key drivers.
• Supports month-end close activities, ensuring accuracy and completeness of financial results.
• Supports business unit decision making by leveraging advanced Excel modeling skills.
• Conducts trend analysis on financial data including AUM, revenue and product related costs.

Qualifications

• Required: Bachelor's degree and 5+ years of relevant work experience
• Preferred: Confidence and ability to interact with senior leadership
• Excellent verbal and written communication skills
• Ability to lead cross-functional initiatives, providing guidance and support to analysts
• Advanced Power Point and Excel skills
• High proficiency in analyzing and synthesizing complex financial data into meaningful executive summary statements
• Responsive, team-oriented approach with excellent client-service skills for effective relations with internal clients
• Experience creating data visualizations, storyboards, or dashboards in Power BI a plus
• Experience with financial planning systems (i.e. Oracle, SmartView)
• Knowledge of accounting principles

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.

Base Salary Ranges

• $87,000.00 - $148,000.00 for the location of: Maryland, Colorado, Washington and remote workers
• $95,500.00 - $163,000.00 for the location of: Washington, D.C.
• $108,000.00 - $185,000.00 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.

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.

• Competitive compensation
• Annual bonus eligibility
• A generous retirement plan
• Hybrid work schedule
• Health and wellness benefits, including online therapy
• Paid time off for vacation, illness, medical appointments, and volunteering days
• Family care resources, including fertility and adoption benefits
• Learn more about our benefits.

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.

T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on-now, and over the long term.