| Air Force Officer Job Descriptions & Qualifications | |||||||||||||||||||||
| 65FX - FINANCIAL MANAGEMENT | |||||||||||||||||||||
AFSC
65F4, Staff Specialty Summary. Performs financial management activities and manages
financial programs and operations, including accounting liaison and pay
services; budget preparation and execution; program, cost, and economic
analysis; and nonappropriated fund oversight. Develops special studies
and analyses of management problems and recommends solutions. Serves as
financial adviser to commander and staff. Related DoD Occupational Group:
7D. Duties and Responsibilities: Plans and organizes financial
management activities. Plans, organizes, develops techniques and establishes
internal controls to manage financial services and analysis operations.
Determines organizational structure, personnel, training needs, and security
requirements for safeguarding entrusted assets. Establishes performance
standards, work schedules, and priorities. Develops, reviews, coordinates,
and executes financial management plans to support peacetime, exercise,
contingency, and wartime operations. Directs financial management
activities. Supervises, manages, and administers financial services and/or
analysis activities. These include reviewing adequacy of internal controls
and quality of services; providing assistance and performing cost estimates
and economic analysis; and overseeing funds distribution and management.
Establishes performance standards to evaluate cost and efficiency. Inspects,
reviews, and evaluates effectiveness of work methods, procedures, and
personnel. Coordinates financial management activities. Advises commander
and staff on status and progress of command programs. Coordinates with
commander, staff, and units in developing and executing financial plans,
schedules, and programs. Advises, coordinates, and makes recommendations
on validity of requirements, effective allocation and use of financial
resources, and redistribution of resources within fund limitations. Verifies
estimated costs are realistic and reasonable. Coordinates on deficiencies
noted in reports from audits, and inspections. Maintains liaison with
other agencies to develop standards for financial management policy and
procedures. Performs financial management functions. Formulates guidelines
for phasing in projected programs and mission changes. Assures identification
of required financial resources. Provides forecasts of financial posture.
Prepares, justifies and submits financial plan, budget estimates and supplemental
budget requirements. Ensures validity of obligations within the language
of appropriation acts, current laws, and governing directives. Maintains
statutory responsibility for preventing overobligation of appropriated
funds through funds certification. Collects, analyzes, and interprets
resource data. Establishes procedures and safeguards against fraud and
fund losses. Evaluates impact of legislative action, executive orders
and Comptroller General decisions on financial operations. Formulates
financial management policies and procedures. Provides analysis, policy,
and oversight for nonappropriated fund financial management. Conducts
analyses supporting cost projection and resource utilization effectiveness.
Performs, reviews, and certifies adequacy of cost comparisons and economic
analyses. Conducts financial management and information studies.
Prepares studies evaluating the effects of changes in policies, procedures,
and technology. Prepares findings and recommendations for presentation
to commander and staff. Specialty Qualifications: Knowledge. Knowledge
is mandatory of: general accounting principles pertaining to governmental,
commercial, managerial, and cost accounting; Air Force concepts and objectives
and their relationship to effective, economical execution of the mission;
fiscal laws, executive orders, Comptroller General decisions, instructions,
and directives; Air Force budget structure and policy; fiscal procedures,
including resource allocation and fund control procedures; cost estimating,
economic analysis, and statistical techniques; and basic computer applications.
Education. The following education is required as indicated for entry
into this specialty: Undergraduate academic specialization in business
administration is desirable. A minimum of 12 semester hours in
economics, accounting, and statistics subjects (6 of which must be in
accounting) is mandatory. Training. For award of AFSC 65F3, completion
of either the Financial Services or Financial Analysis Officer course
is mandatory. Experience. For award of AFSC 65F3, a minimum of 18
months of experience is mandatory in financial management assignments.
Other. None. Specialty Shredouts:
Above Information Derived from AFMAN 36-2105
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