Financial Management Resource Analyst 3451

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Presentation transcript:

Financial Management Resource Analyst 3451 Financial Management School 9 October 2018

Purpose of Smart Pack The purpose of this document is to provide Marines who have been assigned the Financial Management Resource Analyst (FMRA) Military Occupational Specialty (MOS) of 3451 with a basic understanding of the roles and responsibilities of their appointed occupation. The 3451 MOS is a technical field that requires advanced level problem solving skills, critical thinking, and a broad understanding of Marine Corps operations & business processes. The occupation is cross functional with all other MOS’s and requires access to many systems, continuous additional training, and a firm understanding of laws, regulations, and various policies that are critical for mission success. Financial Management School 9 October 2018

What is a 3451? Official MOS Manual Definition Financial Management Resource Analysts (FMRA) perform accounting, budgeting, and all other financial management relevant duties for appropriated funds supporting the operating forces and supporting establishments. FMRA duties include the maintenance, monitoring, reconciliation, and preparation of official accounting records; general ledger control; related cost accounting; financial systems analysis and any oversight duties typically performed by related cost accounting organizations. FMRAs also perform duties specifically pertaining to the compilation of financial data and estimates for budget formulation; analysis of variances between the budget plan and actual budget execution and any related budget analysis and oversight duties typically performed by budget organizations. Additional financial management duties may encompass a broad scope of related duties, to include; recording financial data to support budget execution and program analysis, preparation of financial progress reports and statistics, and any other related financial management duties supporting command analysis and review functions to identify instances of fraud, waste, and abuse of resources. All of the aforementioned duties require a fundamental understanding of all financial management related system interfaces and associated computer applications. Financial Management School 9 October 2018

What is a 3451? (In English) Financial Management Resource Analysts (FMRA) support the Marine Corps through management of the funds the individual units are authorized to spend. Typically residing within a Comptrollers office, FMRA duties include the maintenance, monitoring, reconciliation, and preparation of financial records. Additionally FMRAs conduct forensic accounting through causative research, root cause and trend analysis of financial reports and records. Additional duties may include providing data for budget formulation and analysis to identify fraud, waste, and abuse of government funds. Financial Management School 9 October 2018

What is a Comptroller Office? A Comptrollers office maintains financial resources required to equip, train, deploy, and maintain combat ready MAGTFs/forces in order to meet Combatant Commander requirements across the full range of military operations. Additionally, the Comptroller office maintains sound financial systems, processes, and internal controls to ensure efficient, effective, and legal expenditure of financial resources and accurately account for funds. Financial Management School 9 October 2018

Comptroller MOS 3451: Financial Management Resource Analyst. (Pvt – MGySgt) Perform mainly accounting functions within a Comptroller Section with a focus on problem resolution pertaining to individual accounting records. 3408: Financial Management Resource Officer. (WO – CWO5) Formulates and supervises the execution of policies and accounting procedures, with a focus on managerial accounting, business process improvements, and internal controls. 3404: Financial Management Officer. (2ndLt – Col) Formulates and supervises the execution of policies and procedures pertaining to all aspects of financial management with a focus on budget formulation and execution. Financial Management School 9 October 2018

Typical Office Structure Financial Management School 9 October 2018

What can I expect at work? Pvt, PFC, & LCpl: Daily work will consist of analyzing financial execution data, correcting anomalies, conducting root cause and trend analysis, and learning how to effectively lead Marines through the mentorship program. Cpl & Sgt: Daily work will consist of conducting periodic reviews of multiple subordinate unit accounts, training fund managers, and coordinating the efforts of junior Marines through high quality leadership. Financial Management School 9 October 2018

Duty Assignments East Coast: Overseas: West Coast: Camp Lejeune Cherry Point Quantico Pentagon Parris Island/ Beaufort Tampa Norfolk Overseas: Okinawa Iwakuni Germany Hawaii Korea West Coast: Camp Pendleton Miramar Bridgeport San Diego Financial Management School 9 October 2018

Deployment Opportunities Whenever and wherever a MAGTF deploys, 3451 skillsets are required to support the mission. Current 3451 deployment opportunities are: Special Purpose Marine Air Ground Task Force (SPMAGTF) Marine Expeditionary Units Supporting unit in Afghanistan Supporting unit in Iraq/Syria Various exercises in Europe, Asia, Africa, South America as well as throughout the United States Individual Augment (non-financial management roles) to deployed operational units Financial Management School 9 October 2018

Common Acronyms SABRS: Standard Accounting Budgeting and Reporting System SMARTS: SABRS Management Analysis Retrieval Tool System MSC: Major Supporting Command REA: Resource, Evaluation, and Analysis FMRO: Financial Management Resource Office (or Officer) FMRA: Financial Management Resource Analyst RFA: Resources, Finance, Accounting (Headquarters Marine Corps Accounting Office) DTS: Defense Travel System GCSS - MC: Global Combat Support System – Marine Corps Financial Management School 9 October 2018

What Resources are Available Now? OPEN SOURCE Financial Management School webpage https://www.trngcmd.marines.mil/Units/South-Atlantic/MCCSSS/MCCSSS-Schools/Financial-Management/ Marine Corps Combat Service Support Schools (MCCSSS) webpage https://www.trngcmd.marines.mil/Units/South-Atlantic/MCCSSS/ MCCSSS Facebook page http://www.facebook.com/MCCSSS/ Marine Corps Financial Management Standard Operating Procedures https://www.marines.mil/Portals/59/MCO_7300.21B_FINAL_SIGNED.pdf Department of Defense Financial Management Regulations (DoDFMR) https://comptroller.defense.gov/fmr/ Department of Defense, Financial Management Certification website https://fmonline.ousdc.osd.mil/default.aspx Financial Management School 9 October 2018