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Entry Level Financial Data Analyst Jobs in Frederick, MD

This role serves as a critical data analyst supporting logistical and financial operations. The primary responsibility is to leverage advanced knowledge of DMLSS and expert-level Microsoft Excel and ...

Strong data analysis and profiling skills. * Strong knowledge of SQL needed to support data ... Knowledge of mortgage industry or finance a plus. * Past experience working in Fannie Mae ...

Financial Analysis II Location: 5 days a week in Hagerstown, Maryland Duration: 1 year Contract ... data to evaluate discrepancies and escalate issues, as needed. An individual in this role is ...

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Your main responsibilities will include developing a financial data strategy, assessing current ... Hands-on experience with SQL or other data analysis tools * Ability to obtain clearance * Strong ...

Extract data from multiple databases or sources and transform it as necessary for reporting ... Previous experience with iasWorld, CAMA systems, Oracle, or SQL in the financial, appraisal, or ...

Systems Analyst

Leesburg, VA · On-site

$76K - $134K/yr

Extract data from multiple databases or sources and transform it as necessary for reporting ... Previous experience with iasWorld, CAMA systems, Oracle, or SQL in the financial, appraisal, or ...

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Entry Level Financial Data Analyst information

See Frederick, MD salary details

$34.8K

$85K

$141.2K

How much do entry level financial data analyst jobs pay per year?

As of Aug 9, 2026, the average yearly pay for entry level financial data analyst in Frederick, MD is $84,969.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,100.00 and $99,900.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an entry level financial data analyst?

To thrive as an Entry Level Financial Data Analyst, you generally need strong analytical skills, a solid understanding of finance and statistics, and at least a bachelor's degree in finance, economics, or a related field. Proficiency with Excel, SQL, and data visualization tools like Tableau or Power BI is commonly required, and knowledge of programming languages such as Python or R is advantageous. Attention to detail, problem-solving abilities, and effective communication are essential soft skills that help you interpret data accurately and present findings clearly. These skills and qualities enable analysts to deliver actionable insights, support business decisions, and contribute to the organization’s financial success.

What are typical challenges faced by entry level financial data analysts when transitioning from academic work to professional environments?

Entry-level financial data analysts often encounter challenges such as adjusting to fast-paced environments, working with large and sometimes unstructured datasets, and adhering to strict deadlines. Unlike academic projects, professional analysis frequently requires collaboration with cross-functional teams, which means communicating complex findings to non-technical stakeholders. Additionally, learning to use industry-standard tools and adapting to the company's data reporting processes can take time, but support from managers and team members helps ease this transition.

What is the difference between Entry Level Financial Data Analyst vs Financial Analyst?

AspectEntry Level Financial Data AnalystFinancial Analyst
Required CredentialsBachelor's degree in finance, accounting, or related field; basic Excel and data analysis skillsBachelor's degree; often requires 1-3 years of experience; advanced Excel, financial modeling, and possibly certifications like CFA
Work EnvironmentEntry-level roles in finance departments, data teams, or consulting firms; focus on data collection and reportingMore analytical responsibilities, strategic planning, and decision support in finance departments or investment firms
Employer & Industry UsageCommon in finance, banking, and corporate sectors for entry-level data tasksUsed across finance, investment banking, asset management, and corporate finance for analysis and forecasting

In summary, an Entry Level Financial Data Analyst focuses on data collection and basic analysis with minimal experience, while a Financial Analyst typically has more experience and handles complex financial modeling and strategic analysis.

What does an entry level financial data analyst do?

An Entry Level Financial Data Analyst is responsible for collecting, processing, and analyzing financial data to help organizations make informed business decisions. They typically work with large datasets, prepare reports, and use statistical tools to identify trends and patterns. Their work supports budgeting, forecasting, and investment strategies, often under the supervision of senior analysts. This role is a great starting point for those interested in finance and data analysis, providing valuable experience with analytical software and financial modeling.
What are popular job titles related to Entry Level Financial Data Analyst jobs in Frederick, MD? For Entry Level Financial Data Analyst jobs in Frederick, MD, the most frequently searched job titles are:
What job categories do people searching Entry Level Financial Data Analyst jobs in Frederick, MD look for? The top searched job categories for Entry Level Financial Data Analyst jobs in Frederick, MD are:
What cities near Frederick, MD are hiring for Entry Level Financial Data Analyst jobs? Cities near Frederick, MD with the most Entry Level Financial Data Analyst job openings:

Data Analyst

Saliense

Frederick, MD • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 22 days ago


Job description

About Saliense
At Saliense, we are committed to fostering a culture of continuous learning and professional growth. Our employees are encouraged to take on challenging and meaningful work, with ample opportunities for career advancement. We offer competitive compensation and benefits, including:
  • 20 Days PTO + 40 Hours of Paid Sick & Safe Time
  • 11 Federal Holidays + 2 Corporate Holidays
  • Health, Vision, Dental, and Life Insurance
  • 401(k) with Tiered Match & 100% Vesting
  • Parental Leave for Birthing and Non-Birthing Parents
  • Professional Development Reimbursement Program

We believe in empowering our team members to achieve their professional goals while contributing to impactful projects that make a difference. Join us at Saliense and be part of a growing organization dedicated to innovation, collaboration, and excellence. Visit www.saliense.com to learn more.
There are many more - connect with us to get a preview of the full benefits package.
About the role
  • This role serves as a critical data analyst supporting logistical and financial operations. The primary responsibility is to leverage advanced knowledge of DMLSS and expert-level Microsoft Excel and Power Query skills to extract, transform, and analyze complex datasets. A key operational requirement for this position is providing ongoing, rigorous support for the congressionally mandated AFWCF audit, ensuring data accuracy, traceability, and compliance with financial reporting standards.

This role requires an onsite presence 3 days a week in either Frederick, MD; Falls Church, VA; or San Antonio, TX.
What you'll do
  • Defense Medical Logistics Standard Support (DMLSS) Operations:
    • Execute advanced extraction, querying, and analysis of logistics and supply chain data from DMLSS.
    • Formulate data models to track inventory, procurement, and operational readiness.
    • Serve as the Subject Matter Expert (SME) for DMLSS data architecture and reporting capabilities.
  • Air Force Working Capital Fund (AFWCF) Audit Support:
    • Provide ongoing analytics and evidentiary support for the congressionally mandated AFWCF audit.
    • Reconcile financial and logistical data to ensure continuous audit readiness and compliance with FIAR (Financial Improvement and Audit Readiness) directives.
    • Respond to auditor inquiries with accurate, timely, and reproducible data models.
  • Data Engineering & Reporting:
    • Expert-level utilization of Microsoft Excel and Power Query to build automated, repeatable data transformation workflows.
    • Merge and clean large, disparate datasets from multiple DoD legacy systems.
    • Design scalable reporting dashboards to provide actionable intelligence to leadership.
  • Required Experience:
    • Demonstrated advanced expertise in DMLSS.
    • Deep proficiency in Microsoft Excel (advanced array functions, VBA) and Power Query (M code).
    • Proven experience supporting DoD or Federal financial audits, specifically AFWCF operations.
  • Preferred Skills:
    • Experience migrating legacy Excel/Power Query models to advanced visualization tools (e.g., Power BI).
    • Knowledge of broader DoD logistics systems (e.g., LogiCole) as DMLSS transitions to newer enterprise platforms.
    • Experience with Business Intelligence Central Services (BCS) to include a working knowledge of SQL specifically related to BCS ad hoc reporting.