FINANCIAL MANAGEMENT SPECIALIST SKILLS, EXPERIENCE, AND JOB REQUIREMENTS

Published: Mar 14, 2025 - The Financial Management Specialist excels in creating standards, analyzing practices, and formulating financial management policies. Possesses in-depth understanding of federal financial processes, DoD budgeting systems, and acquisition procedures. Skilled in multitasking and problem-solving, with a strong background in business process improvements and financial system integrations.

Essential Hard and Soft Skills for a Standout Financial Management Specialist Resume
  • Financial Analysis
  • Budget Monitoring
  • Risk Analysis
  • Data Analytics
  • Policy Development
  • Financial Risk Management
  • Financial Record Keeping
  • Report Preparation
  • Financial Documentation
  • Transaction Analysis
  • Problem-Solving
  • Communication Skills
  • Stakeholder Engagement
  • Advisory Skills
  • Decision Support
  • Strategic Planning
  • Customer Service
  • Technical Assistance
  • Quality Assurance
  • Leadership

Summary of Financial Management Specialist Knowledge and Qualifications on Resume

1. BA in Finance with 5 Years of Experience

  • Experience in financial management disciplines generating standards, researching practices, producing analysis and issuing policies.
  • Extensive knowledge of the federal financials processes, directives, instructions, program guidance documents, and milestone processes.
  • Problem solver along with ability to multi-task
  • Prior consulting experience in any of the following areas: Business process improvement, Financial management policies and procedures, Financial system integrations
  • Work independently and across many initiatives at once
  • Experience working in the financial and/or budgeting sector.
  • Experience working with the federal budgeting cycle and associated processes
  • Knowledge of DoD budgeting procedures and systems 
  • Knowledge of Federal acquisition procedures and processes

2. BA in Accounting with 7 Years of Experience

  • Knowledge of International Reporting Standards (IFRS) and International Standards on Audit (ISA). 
  • Knowledge of International Public Sector Accounting Standards (IPSAS) and the International Standards of Supreme Audit Institutions (ISSAI) 
  • Experience in assessing internal control systems and evaluating financial management systems (including budgeting, accounting, cash management, internal audit and financial reporting systems).
  • Understanding of public sector budget formulation and execution processes, including treasury and cash management.
  • Experience in evaluating/interpreting audited financial statements, audit reports and related management letters and in determining appropriate remedial actions.
  • Capacity to function effectively with limited supervision and as a member of a multi-disciplinary team.
  • Ability to communicate fluently, in writing and orally, in French and English
  • Knowledge and experience of World Bank operations 

3. BA in Business Administration with 6 Years of Experience

  • Project-based Accounting / Financial Planning & Analysis (FP&A) experience 
  • Good knowledge of GAAP and Sarbanes-Oxley
  • Excellent communication (written & oral), interpersonal and organizational skills
  • Demonstrated leadership skills
  • Strong Analytical Skills
  • Experience performing budgeting and forecasting functions
  • Experience in governmental accounting and/or public finance management and auditing.
  • Microsoft Office proficient with a strong working knowledge of Excel, Word, and PowerPoint
  • Prior experience working with a major ERP System, such as Oracle, in a medium to large organization is desirable
  • Working knowledge of GAAP (Generally Accepted Accounting Principles) and GAGAS (Generally Accepted Government Auditing Standards).
  • Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Fraud Examiner (CFE) 

4. BA in Economics with 5 Years of Experience

  • Deep understanding of property accounting treatment of real property and personal property assets to include accounting policies for fixed assets, including depreciable lives, capitalization policy, and method of depreciation
  • Knowledge of property program management or special property projects
  • Experience with performing internal controls over property processes
  • Experience with providing risk assessment management over property processes
  • Experience with assisting Federal client organizations in corrective action planning
  • Experience with applying Statement of Federal Financial Accounting (SFFAS) Standard 6 - Accounting for Property, Plant, & Equipment (PP&E), Federal Accounting Standards Advisory Board (FASAB) applicable Technical Releases, Office of Management and Budget (OMB) A-123 Appendix A, and Capitalization Criteria
  • Excellent oral and written communication skills
  • Ability to analyze datasets to perform analysis to identify misclassification of property assets and property accounts

5. BA in Management Information Systems with 3 Years of Experience

  • Comprehensive knowledge of Congressional, agency and OMB financial management and program objectives.
  • Knowledge of computerized financial systems and budgetary processes and procedures, precedents and controls
  • Knowledge of policy, guidelines and regulations for providing procedural guidance on budget administration.
  • Basic knowledge of personnel safety, security and management, EEO regulations, procedures and practices, and Merit System principles and intent.
  • Ability to develop new methods and techniques of budgeting applicable to the forecasting of long-range funding needs and to select and apply a variety of analytical methods and techniques to budgetary processes and special studies.
  • Ability to utilize AoP principles and concepts to lead a team of subordinate personnel through coaching, communication, planning, organizing, and direction to facilitate work assignments.
  • Ability to gather, assemble, and analyze data to prepare financial cost estimates, develop alternatives and funding requirements, and make recommendations to resolve financial/funding problems.
  • Ability to communicate clearly and effectively, both orally and in writing.
Relevant Information
Financial Management Associate Skills, Experience, and Job Requirements