Navy Officer Subspecialty · Support
3110 Financial Management
An officer subspecialty earned alongside a primary designator, marking advanced education or experience in this field.
Overview
A financial management officer oversees budgets, spending, financial reporting, and fiscal controls for military organizations. The officer advises commanders and senior leaders on resource allocation while applying government accounting and appropriations requirements.
Core Skills
- budget formulation
- budget execution
- financial reporting
- appropriations compliance
- cost analysis
- resource allocation
- internal controls
- financial forecasting
- executive fiscal advising
Civilian Software & Tools
- Microsoft Access
- Microsoft Excel
- Microsoft Office software
- Microsoft Outlook
- Microsoft Power BI
- Microsoft PowerPoint
- Microsoft Word
- SAP software
Civilian Career Paths
- Finance and Accounting
- Administration
- Project Management
Training & Development
Getting Started
- Microsoft Office Specialist: Excel Associate (Microsoft 365 Apps)
- Financial Modeling & Valuation Analyst (FMVA®) Certification
- Federal Acquisition Certification in Contracting (FAC-C) (Professional)
Career Growth
- Certified Government Financial Manager (CGFM)
- Certified Defense Financial Manager (CDFM)
- Certified Management Accountant (CMA)
- Certified Internal Auditor (CIA)
Also Common
- Project Management Professional (PMP)
What the Work Involves
- Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
- Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
- Review operating budgets to analyze trends affecting budget needs.
- Compile and analyze accounting records and other data to determine the financial resources required to implement a program.
- Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
Related Occupations
- Accountants and Auditors
- Credit Analysts
- Financial and Investment Analysts
- Personal Financial Advisors
Typical preparation for these civilian roles: a four-year degree or equivalent experience.
Descriptions may be summarized for clarity. Verify all information with your branch career counselor or official military documentation before making career decisions.
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