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Financial Processing Associate Jobs in Maryland (NOW HIRING)

All Financial Services

Processor

Owings Mills, MD · On-site

$38K - $52K/yr

High school diploma or GED required - associate degree in accounting, finance, or business preferred * 2 years minimum experience in loan processing required * Must possess exceptional attention to ...

All Financial Services

Processor

Owings Mills, MD

$38K - $52K/yr

High school diploma or GED required - associate degree in accounting, finance, or business preferred * 2 years minimum experience in loan processing required * Must possess exceptional attention to ...

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Financial Processing Associate information

What are the key skills and qualifications needed to thrive as a financial processing associate?

To thrive as a Financial Processing Associate, you need strong numerical accuracy, attention to detail, and a foundational understanding of accounting or finance, often supported by a relevant degree or experience. Familiarity with financial software such as QuickBooks, SAP, or Oracle, and proficiency in spreadsheets are typically required. Excellent organizational skills, communication, and the ability to manage deadlines set top performers apart. These skills and qualities ensure precise transaction processing, minimize errors, and support smooth financial operations in any organization.

What are some common challenges financial processing associates face, and how can they be addressed?

Financial Processing Associates often work with large volumes of transactions and must ensure accuracy under tight deadlines. A common challenge is staying organized and minimizing errors during data entry and reconciliation. This can be addressed by developing strong attention to detail, using checklists, and leveraging software tools to automate repetitive tasks. Additionally, clear communication with team members and other departments helps resolve discrepancies quickly and maintain smooth workflow.

What is the difference between Financial Processing Associate vs Accounts Payable Clerk?

AspectFinancial Processing AssociateAccounts Payable Clerk
Primary ResponsibilitiesProcessing financial transactions, data entry, verifying paymentsManaging vendor invoices, processing payments, reconciling accounts
Required SkillsAttention to detail, basic accounting, data managementInvoice processing, accounting software proficiency, attention to detail
Work EnvironmentFinance departments, corporate officesFinance or accounting departments, corporate offices
Common CertificationsNone required or basic bookkeeping certificationsNone required, often familiarity with accounting software

While both roles involve handling financial data, a Financial Processing Associate focuses on processing a variety of financial transactions and data verification, whereas an Accounts Payable Clerk specializes in managing vendor invoices and payments. Both positions require attention to detail and familiarity with accounting processes, but their specific duties differ within the finance department.

What is a financial processing associate?

Financial Processing Associates are professionals responsible for handling and processing financial transactions within an organization. Their duties typically include data entry of financial records, verifying the accuracy of invoices and payments, and ensuring compliance with company policies and accounting standards. They often work closely with accounting and finance teams to maintain accurate financial records and support audits or financial reporting. Attention to detail and strong organizational skills are essential for success in this role.

What are popular job titles related to Financial Processing Associate jobs in Maryland?

For Financial Processing Associate jobs in Maryland, the most frequently searched job titles are:

What job categories do people searching Financial Processing Associate jobs in Maryland look for?

The top searched job categories for Financial Processing Associate jobs in Maryland are:

Financial Processing Associate jobs near you

Associate Director, Financial Services

University of Maryland

College Park, MD • On-site

$137K - $165K/yr

Full-time

Posted 22 days ago

University Of Maryland, Baltimore rating

7.7

Company rating: 7.7 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

260th of 618 rated colleges and universities

Job description

Job Description Summary
Organization's Summary Statement:
The Department of Residential Facilities is responsible for the maintenance and housekeeping services for the College Park Campus' 70+ residence halls, Greek chapter houses, and recreational facilities encompassing over 2.7 million square feet. The department employs over 300 exempt, non-exempt, and student staff.
GENERAL RESPONSIBILITIES:
The Associate Director of Financial Services is responsible for managing internal business operations, internal/external budgetary, and fiscal management requirements of the Department. Responsibilities include oversight and compliance for internal procurement, payroll, accounting processes and procedures. The current annual budget is in excess of $70 million dollars. In addition to fiscal responsibilities, the Associate Director serves as a departmental leader in the creation and implementation of departmental strategic and operational goals and objectives. Oversees a work unit of 5 employees, with 4 direct reports.
PHYSICAL DEMANDS:
Normal office environment to include keyboarding, drafting correspondence, planning/documentation and notes.
Able to push, pull, lift, carry objects up to 25 pounds.
Ability to travel around campus for meetings and to attend to duties.
License/Certifications: N/A
Minimum Qualifications
Education: Bachelor's degree from an accredited college or university.
Experience: Eight (8) years of professional experience managing business operations. Three (3) years of experience supervising or managing professional staff.
KNOWLEDGE, SKILLS, & ABILITIES:
Knowledge of business acumen to understand key business drivers, organizational communications, and data.
Knowledge of organizational and unit performances measures.
Knowledge of the impact and implications of decisions on leadership objectives.
Skill in oral and written communication.
Skill in data analytics and negotiation.
Skill in the use of Microsoft Office and Google Suite products.
Ability to exercise independent judgment and discretion.
Ability to develop and administer new policies and procedures.
Ability to interpret and apply policies, procedures, regulations, and laws.
Additional Job Details
Preferences:
  • Experience in accounting, financial management, budgeting, financial reporting, and reconciliations.
  • Experience overseeing departmental, institutional, or organizational budgets, particularly in large or multi-unit organizations.
  • Experience with purchasing, procurement, contracts, requisitions, and purchase orders.
  • Proven ability to lead professional staff, foster collaboration, and promote an ethical, service-oriented team culture.
  • Experience providing financial analysis, developing recommendations, and presenting complex information to senior leadership.
  • Proficiency with enterprise financial and human resource systems such as Workday, PeopleSoft, SAP, Oracle, Adaptive, or similar platforms; Workday payroll experience preferred.
  • Knowledge of University and State financial policies, procedures, and practices preferred.
  • Strong analytical, communication, and problem-solving skills with a commitment to accountability, continuous improvement, and exceptional customer service.

Required Application Materials:
  • Resume
  • Cover Letter
  • Three Professional References

Best Consideration Date: August 22, 2026
Posting Close Date: N/A
Open Until Filled: Yes
CONDITIONS OF EMPLOYMENT:
  • This position requires an onsite presence. May be able to work remotely one day per week with flexibility for strategic projects.
  • Some evening and weekend work may be required.
  • This position is an essential employee related to catastrophic, weather, or other emergencies and may be required to come to campus when the University is closed.

Job Risks
Not Applicable to This Position
Financial Disclosure Required
Yes
For more information on Financial Disclosure, please visit Maryland's State Ethics Commission website.
Department
VPSA-Res Facilities-Director's Office
Worker Sub-Type
Staff Regular
Salary Range
$137,814-$165,376
Benefits Summary
For more information on Regular Exempt benefits, select this link.
Background Checks
Offers of employment are contingent on completion of a background check. Information reported by the background check will not automatically disqualify anyone from employment. Before any adverse decision, the finalist will have an opportunity to provide information to the University regarding disclosable background check information. The University reserves the right to rescind the offer of employment or otherwise decline or terminate employment if the information reported by the background check is deemed incompatible with the position, regardless of when the background check is completed.
Employment Eligibility
The successful candidate must complete employment eligibility verification (on Form I-9) by presenting documents that establish identity and work authorization within the timeframe required by federal immigration law, and where applicable, to demonstrate renewed employment authorization. Failure to complete employment eligibility verification or reverification within the timeframe set forth by law may result in suspension or termination of employment.
EEO Statement
The University of Maryland, College Park is an Equal Opportunity Employer. All qualified applicants will receive equal consideration for employment. Please read the University's Equal Employment Opportunity Statement of Policy.
Title IX Non-Discrimination Notice
Resources
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