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Finance management specialist skills for your resume and career

Updated January 8, 2025
6 min read
Below we've compiled a list of the most critical finance management specialist skills. We ranked the top skills for finance management specialists based on the percentage of resumes they appeared on. For example, 9.7% of finance management specialist resumes contained financial resources as a skill. Continue reading to find out what skills a finance management specialist needs to be successful in the workplace.

15 finance management specialist skills for your resume and career

1. Financial Resources

Fіnаnсіаl rеѕоurсеѕ аrе ѕоurсеѕ оf fundѕ thаt a buѕіnеѕѕ can drаw uроn tо bе successful, to finance its investments, саріtаl, and day-to-day operations. It соvеrѕ аll fіnаnсіаl fundѕ оf the organization fоr the іmрlеmеntаtіоn оf сurrеnt costs and extended rерrоduсtіоn еxреnѕеѕ, fоr the fulfіllmеnt оf financial оblіgаtіоnѕ аnd economic incentives fоr еmрlоуееѕ.

Here's how finance management specialists use financial resources:
  • Developed, reviewed and implemented Agency-wide policies for improvement of management, control, and productivity of financial resources.
  • Drafted an updated policy to the Financial Resource Management Manual (FRMM-E) on Commitments.

2. Financial Reports

Here's how finance management specialists use financial reports:
  • Evaluated highly complex integrated budgets, financial reports and projections for the accurate reporting of financial standings for continuity efforts.
  • Prepared comprehensive financial reports for Congressional and White House review, advising management on financial matters and reporting.

3. Financial Data

Here's how finance management specialists use financial data:
  • Reviewed financial transactions and determined validity of financial data passed between computerized accounting systems and DFAS computer systems.
  • Assist management in applying accounting, budget and financial data and recommending alternatives to resolve difficult problems.

4. Budget Formulation

The budget formulation is the process of establishing the resources necessary for an organization (private/public/federal) to carry out plans, perform operations, and to achieve goals in a set period. The process of budgeting begins with reviewing budget proposals. Budgets need to be accurate and in compliance with laws/regulations of the organization and region.

Here's how finance management specialists use budget formulation:
  • Compile data and provide estimates to support budget formulation, and perform variance analysis between budget plan and actual budget execution.

5. Budget Execution

Budget execution refers to the process in which financial resources made available to an agency get directed and controlled toward achieving the purposes and objects for which budgets were approved.

Here's how finance management specialists use budget execution:
  • Identified/developed comprehensive forecasting of contractual obligations/validations and budget execution.
  • Performed the receipt and/or distribution of operating budgets and financial plans and revisions and operating budget execution.

6. Financial Management Systems

Here's how finance management specialists use financial management systems:
  • Conducted audits and reconciled finance separation payments using automated financial management systems.
  • Reconciled receiving reports with procurement and financial management systems.

7. Automated Financial

Here's how finance management specialists use automated financial:
  • Evaluated manual and automated financial processes; identified process weaknesses and inefficiencies and operational issues.

8. Grants Management

Here's how finance management specialists use grants management:
  • Helped in the implementation of the new Grants Management Software (Agate) for company-wide financials
  • Provided comprehensive pre- and post-award grants management, ensured fiscal and administrative compliance with federal regulations and identified/recommended corrective actions.

9. 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 finance management specialists use dod:
  • Provide Department of Defense (DoD) financial support for 240 permanent party and 50,000 temporary duty members throughout Australia.
  • Advised and assisted Soldiers and their chain of command concerning pay entitlements as prescribed by governing DoD and HQDA directives.

10. Process Improvement

Here's how finance management specialists use process improvement:
  • Assisted in streamlining and process improvement initiatives around the software focusing on usability and experience.
  • Eliminated redundant processes, redesigned roles and responsibilities, hired staff and process improvements.

11. Internal Controls

Here's how finance management specialists use internal controls:
  • Reviewed and analyzed audited financial statements, auditor's reports, and evaluated accounting policies and procedures and internal controls.
  • Maintain internal controls and quality management for Leadership in Procurement, Logistics, and Operational departments.

12. Financial Analysis

Here's how finance management specialists use financial analysis:
  • Completed several financial analysis projects in support of Company strategic initiatives including Roper Corporation acquisition analysis and service branch expansion analyses.
  • Performed a variety of budgetary and financial analysis functions in implementing the installations financial programs, policies and procedures.

13. Reconciliations

Here's how finance management specialists use reconciliations:
  • Prepared end-of-month trial balance that included posting account expenditures, account reconciliations, as well as researching and adjusting out-of-balance conditions.
  • Prepare monthly bank statement reconciliations, monthly balance sheet reconciliations and general ledger reconciliation with Government-affiliated Citibank.

14. Logistics

Logistics is a complete organization and implementation of a problem. Logistics are often considered in a complex business operation, as some works need detailed plannings. Logistics are also used in military action.

Here's how finance management specialists use logistics:
  • Possess 18 years of logistical and financial management experience covering all aspects of military logistics, inventory control and financial management.
  • Communicated effectively with program offices to conduct conference planning and arrange conference logistics.

15. HR

HR stands for human resources and is used to describe the set of people who work for a company or an organization. HR responsibilities revolve around updating employee records and carrying out management processes like planning, recruitment, evaluation, and selection processes. HR is a key contributor to any company or organization's growth as they are in charge of hiring the right employees, processing payrolls, conducting disciplinary actions, etc.

Here's how finance management specialists use hr:
  • Maintain confidential information, such as pay grades, bonus targets and employee HR data.
  • Work with HR drafting announcements and completing proper paperwork for recruitment and retention.
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List of finance management specialist skills to add to your resume

Finance management specialist skills

The most important skills for a finance management specialist resume and required skills for a finance management specialist to have include:

  • Financial Resources
  • Financial Reports
  • Financial Data
  • Budget Formulation
  • Budget Execution
  • Financial Management Systems
  • Automated Financial
  • Grants Management
  • DOD
  • Process Improvement
  • Internal Controls
  • Financial Analysis
  • Reconciliations
  • Logistics
  • HR
  • GAAP
  • Hyperion
  • Payroll
  • Business Development
  • Financial Statements
  • Financial Transactions
  • Financial Issues
  • Government Agencies
  • Financial Operations
  • ERP
  • Technical Assistance
  • Cash Flow
  • Cost Analysis
  • Treasury
  • Budget Estimates
  • HQ
  • DFAS
  • SharePoint
  • Customer Inquiries
  • Credit Card
  • GSA
  • Federal Regulations
  • Financial Institutions
  • Travel Vouchers
  • CMS
  • Journal Entries
  • Defense Finance
  • Defense Travel System
  • Variance Analysis
  • Cris
  • Government Funds
  • Financial Support

Updated January 8, 2025

Zippia Research Team
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.

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