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Financial Management Supervisor
2 months ago
The Financial Management Supervisor is responsible for delivering comprehensive Financial Management (FM) Services related to Non-Appropriated Funds (NAF) operations. This role encompasses oversight of NAF Instrumentalities (NAFIs) across various categories, ensuring adherence to stringent funding guidelines.
Key Responsibilities- Act as the primary liaison between the Base Force Support Squadron (FSS) and the Financial Services Center (FSC), ensuring compliance with Generally Accepted Accounting Principles (GAAP) and relevant organizational policies.
- Guarantee that all financial reporting activities are executed accurately and promptly, aligning with established financial standards and regulatory requirements.
- Develop financial indicator reports that provide insights into operational performance, including ratios, trends, and forecasts.
- Conduct thorough reviews of NAF Subsidiary Accounts and Financial Statements prior to monthly closures.
- Implement the responsibilities outlined in the AF Services Financial Management System (AFSFMS) Users Guide.
- Oversee the budgeting processes for NAF, including the preparation of income and expense reports, cash flow statements, and NAF Requirements Budgets (NRBs) for approval.
- Monitor and reconcile construction project expenditures within FSS activities.
- Create financial presentations as necessary.
- Deliver quarterly financial analyses to relevant stakeholders by the specified deadlines.
- Prepare and submit Capital Expenditure Budgets and Income and Expense Budgets at designated intervals.
- Address and resolve any accounting discrepancies and reporting issues in collaboration with relevant parties.
- Prepare General Ledger Adjustment Forms (GLAF) for necessary accounting modifications.
- Provide comprehensive accounting support for reconciliation efforts across various programs.
- Education/Certifications: A Bachelor's degree in accounting or finance is required; an MBA or CPA certification is highly preferred. Relevant experience may substitute for educational requirements.
- Experience: A minimum of 3-5 years of supervisory or managerial experience in accounting is essential.
- Skills: Proficient knowledge of automated financial systems is required, with specific familiarity with QuickBooks being advantageous.
- Supervisory Responsibilities: This role includes management of a small team, overseeing general accounting responsibilities.
- Working Conditions: The position may involve both indoor and outdoor environments, subject to varying conditions.
- Physical Requirements: The role primarily involves sedentary work, with occasional requirements for lifting and movement.