Accountant, Fund Administration

T. Rowe Price • Owings Mills, MD

23h • Hybrid

About The Position

The Accountant, Fund Administration joins T. Rowe Price’s Global Investment Operations Fund Administration & Accounting team. Under the supervision and direction of a Manager, the role oversees the completeness and accuracy of financial statements and other financial reports prepared by third-party service providers for T. Rowe Price ’40 Act mutual funds and non-registered funds, including trusts, college savings plans, interval funds, Crypto ETPs, and partnerships.

The position requires developing knowledge of T. Rowe Price reporting policy and a technical understanding of U.S. GAAP and regulatory disclosure requirements. The accountant performs oversight procedures, monitors service-provider output, coordinates financial reporting processes among internal groups, independent accountants, and external providers, and identifies reporting enhancements. The role also supports oversight of third-party accounting activities, serves as a resource on financial reporting matters, and participates in the CEO/CFO certification process for registered funds.

This role is based in the Maryland office and requires in-office presence four days per week, with up to one day per week working from home. Remote work beyond this arrangement and alternative office locations are not available. FINRA licenses are not required and will not be supported.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• Developing understanding of T. Rowe Price reporting policy and U.S. GAAP and regulatory disclosure requirements.
• Ability to work independently or under minimal to moderate supervision.
• Sound judgment and analytical thinking when identifying and escalating potential issues.
• Ability to communicate and collaborate with internal groups and external service providers.

Nice To Haves

• Bachelor’s degree in Accounting.
• Experience in accounting, financial statement preparation, or a related field.
• Experience overseeing third-party service providers.
• Mutual funds experience.
• Experience with AI tools.

Responsibilities

• Review financial statements for proper presentation and disclosures, and perform analytics to assess the reasonableness of balances.
• Work with third-party service providers’ financial reporting groups to identify questions and escalate issues to appropriate parties.
• Track issues and ensure improvements are made internally and with service-provider teams.
• Work with the Fund Administration & Accounting Policy team to understand updates to oversight programs related to regulatory, legislative, contractual, or GAAP requirements; investment types or practices; and services or products.
• Complete work in accordance with financial controls, firm policies, and regulations, and take accountability for completed work.
• Address questions and resolve issues related to financial statements, shareholder report disclosures, and preparation and filing of Forms N-CSR, N-CEN, N-PORT Part F, and N-MFP.
• Develop and maintain an understanding of T. Rowe Price disclosure policies and related regulations.
• Build an understanding of internal and external groups that provide data used to create financial statements.
• Use sound judgment and analytical thinking to identify and escalate potential issues.
• Communicate and collaborate with internal groups and external service providers.
• Conduct research and ad hoc analysis for managers upon request.
• Support special projects and initiatives, including new product implementation.
• Use approved AI tools responsibly for research, analysis, process efficiency, and clear, accurate work products, following company policies and validation requirements.
• Adapt to changing demands and reprioritization, and work independently or as part of a team.

Benefits

• Competitive compensation.
• Annual bonus eligibility.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level