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Disbursing officer skills for your resume and career

Updated January 8, 2025

3 min read

Below we've compiled a list of the most critical disbursing officer skills. We ranked the top skills for disbursing officers based on the percentage of resumes they appeared on. For example, 24.9% of disbursing officer resumes contained financial management as a skill. Continue reading to find out what skills a disbursing officer needs to be successful in the workplace.

15 disbursing officer skills for your resume and career

1. Financial Management

Here's how disbursing officers use financial management:

Managed the impact of new and revised regulations to support accounting procedures and financial management functions of organization.
Utilized Federal Financial Management, Department of Defense regulations to resolve complex accounting and finance issues.

2. Payroll Services

Here's how disbursing officers use payroll services:

Directed payroll services utilizing information obtained from the automated systems.
Administered payroll services for over 400 crewmembers.

3. Treasury

Here's how disbursing officers use treasury:

Issued US treasury checks and advances of funds on DD Form 1081s, valued at $51M annually to deploying agents.
Coordinated reporting to the Federal Reserve Bank-Boston, Department of the Treasury, and the Afghanistan International Bank (AIB).

4. Internal Controls

Here's how disbursing officers use internal controls:

Established and utilized effective internal controls and audit procedures to prevent erroneous transaction.
Established and ensured internal controls to prevent loss or abuse of U.S. Government funds.

5. Financial Aid Funds

Here's how disbursing officers use financial aid funds:

Reviewed and compared a student's certified and approved financial aid funds with the charges reported by the school.

6. Travel Claims

Here's how disbursing officers use travel claims:

Oversee the daily process of travel claims among all armed forces within the Horn of Africa region and coalition forces.
Maintained, balanced, and performed audits of payroll entries, travel claims, government credits card accounts.

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7. Defense Finance

Here's how disbursing officers use defense finance:

Facilitated submission of daily and monthly fiscal reports to Defense Finance and Accounting Service with 100% accuracy.
Processed and reviewed payroll documentation while working closely with Defense Finance and Accounting Services to ensure transaction accuracy.

8. Escrow

An escrow refers to a third party who holds in their custody money or asset on behalf of other parties involved in a business transaction. Every month a lender deposits an escrow amount of the mortgage into another party's account and handles the insurance premiums plus the estate taxes.

Here's how disbursing officers use escrow:

Create and modify escrow disbursal contracts, indemnity agreements, requisitions, certificates, and title insurance policy endorsements.
Collected loan proceeds and deposited funds into escrow accounts.

9. DFAS

Here's how disbursing officers use dfas:

Performed audits and implemented fraud prevention measures as a deployed DFAS accounting agent.
Resolved pay/leave problems in coordination with DFAS payroll offices.

10. Title IV

Here's how disbursing officers use title iv:

Determined eligibility and disbursed Title IV loan funds according to federal guidelines.
Ensured compliance and maintained quality for accuracy and timely processing of financial aid Title IV refunds.

11. Foreign Currency

Foreign currency is a medium of exchange made of coin or paper that is printed and used in other countries. A foreign currency cannot be used to buy goods and services in any country other than the one in which it was printed unless the government of that country approves its use. Banks trade foreign currencies either by the actual handling of currency or checks or by establishing balances in foreign currency with banks in those countries.

Here's how disbursing officers use foreign currency:

Managed $5.2 million in US and foreign currency transactions on a daily basis.
Prepared purchase, disposition, gain or loss documents of foreign currency.

12. ATM

ATM (Automated Teller Machine) refers to an electronic banking system that enables the customers to initiate and complete transactions without queuing for aid from the teller within the branch.

Here's how disbursing officers use atm:

Performed ATM physical security, installed automated disbursing system updates and trained subordinates.
Replaced currency aboard ship with a chip-based electronic purse with debit card and ATM function.

13. DOD

Definition of Done (DoD) is a set of deliverables that are needed to devise software. These deliverables are valuable to the system and can be exemplified by writing code, coding comments, unit testing, integration testing, design documents, release notes, and so on.

Here's how disbursing officers use dod:

Understand and implement DoD and Army Finance regulations / policies and ensure processes developed by the Program are in compliance.
Co-Created project training manuals and visual presentations for various DOD agencies to include the United States Coast Guard.

14. Financial Statements

A financial statement is a report of an individual or a company that includes all the information about the declared assets, the use of money, income, and also the contribution of shareholders over a certain period.

Here's how disbursing officers use financial statements:

Performed high level reviews of financial statements to identify financial reporting issues and prepared reports explaining errors and recommended solutions.
Prepared financial statements, business activity reports, and other required reports by regulatory agencies for presentation to executive officials.

15. Combat

Combat is a violent conflict between two parties. Combat can be held by using weapons or unarmed. The fighting between the armed forces of different countries can also be called combat and the main purpose of the combat is to eliminate and stop your opponent from achieving their goal.

Here's how disbursing officers use combat:

Managed high volumes of financial activity in a fast-paced, risk-based combat environment in Afghanistan.
Deployed with Fort Bragg to Uzbekistan during 2002 to assist in paying the fellow service members in the combat area.

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What skills help Disbursing Officers find jobs?

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List of disbursing officer skills to add to your resume

The most important skills for a disbursing officer resume and required skills for a disbursing officer to have include:

Financial Management
Payroll Services
Treasury
Internal Controls
Financial Aid Funds
Travel Claims
Defense Finance
Escrow

DFAS
Title IV
Foreign Currency
ATM
DOD
Financial Statements
Combat
Government Funds

Financial Transactions
Balance Sheet
Bank Deposits
Personnel Support
Wire Transfers
Financial Institutions
DTS

Updated January 8, 2025

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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