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Thursday, October 06, 2011

DOD Readies Financial Managers to Meet Goals

WASHINGTON, Oct. 6, 2011 – Recognizing the importance of people in its financial management improvements, the Defense Department is exploring new ways to recruit, retain and train its financial management workforce, a senior defense official told Congress today.

Maintaining a capable financial management workforce is a priority in Pentagon Comptroller Robert F. Hale’s financial management strategy, Sandra A. Gregory told the House Armed Services Committee’s Defense Financial Management and Auditability Reform Panel.

About 60,000 civilian and military financial managers within DOD are key players in efforts to improve financial information, analytics and decision support within the department and to achieve audit readiness, Gregory told the panel.

Among initiatives being advanced is a new DOD financial management certification program. This plan, Gregory explained, will provide “enterprisewide roadmaps on what training is most important at various points throughout federal careers.”

By next summer, DOD officials plan to code financial management positions to three different certification levels, she said. From that point, the department will develop competency assessment tools to assess the current workforce’s proficiency, identify gaps and develop plans to close those gaps.

-Donna Miles, American Forces Press Services

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