Financial Management Technicians (36B) are responsible for things such as accounting, finances budget reporting and disbursing of government funds.
This position works in an office setting and teaches you skills in finance management.
Not every soldier dreams of sitting at a desk and crunching numbers but numbers might be your strong suit in which case this job is perfect for you.
This is a great opportunity to learn skills that will later help you advance in a career as an accountant or financial planner.
The Army requires many skillsets and has a place for almost all positions.
You might be exactly what a team is looking for.
If you are good at math, have a great personality and get along well with others in an office environment.
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Qualifications and Training
This job position will teach you skills in finance management.
You will learn the basics of accounting principles and procedures as well as analyzing financial data.
You must start by passing the ASVAB (Armed Services Vocational Aptitude Battery) test.
These tests help the Army to decide what skills you might be good at.
You must pass with at least a score of 101 on the Clerical (CL) portion of the ASVAB.
The position for financial management technician trains you in accounting and budget systems.
You will learn to work with large sums of U.S. and foreign currencies to ensure that the Army’s finances continue running smoothly for all parties.
After you have you have completed all forms and enlisting for this entry level position you will enter boot camp (10 weeks of basic combat training) followed by 8 weeks of advanced individual training.
You will receive instruction with on the job (paid) learning, for accounting techniques.
These accounting skills with help train you in areas of the job such as reviewing contracts and invoices, and learning the ins and outs of financial services.
You will learn how payroll works as well as computation of pay and deductions.
Some helpful skills:
- Ability to work with numbers
- An interest in statistics and accounting
- An interest in math
- Using computers and office equipment
What Does a Financial Management Technician (MOS 36B) Do?
The Financial Management Technician’s main duties are budgeting and accounting.
This also includes receiving documents and processing treasury checks.
Financial management is an important part of any operations. They make sure vendors get paid and financial obligations are met.
Whether its payment for invoicing or maintaining files and vouchers, the financial management technician is always on top of the numbers.
The duties require filing reports and making sure everything in the documents add up.
Your ability to safeguard money is instrumental to how the Army runs.
Many of the logistics worldwide require movements of money and tracking.
You will have to track all paid amounts/invoices and keep meticulous records.
It helps if you have great organization skills.
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Since you will be working in an office you must also play well with others.
The overall position is one that is relaxed and provides flexible hours for both day and night shifts.
You will be taking care of commitment and obligation documents as well as all main accounting.
The financial management technician is crucial in making sure daily operations keep on track and that no funds go unaccounted for.
The workflow in the office is like other military jobs and office job settings.
There are different tasks to complete and a lot of the work is done on office equipment and computers.
Other duties of the Financial Management technician include:
- Analyzing financial data
- Preparing travel vouchers
- Receiving reports
- Currency support
- Military entitlements
As a Financial Management Technician, you are the connection between the solider and banking support.
You need to pass a background check since you will be handling large sums of money, but a security clearance is not needed.
You can not have any criminal record or charges of moral turpitude.
This position is trusted with the financial responsibilities of the U.S. Army.
What Does a Financial Management Technician get Paid?
Like other military services pay is based on rank and time of service.
The average person starting out makes about $20,000 per year and go as high as $80,000 depending on whether you join the Army or National Guard.
The National Guard tends to pay higher for this position.
The base pay table below includes the pay scale for each rank.
|Insignia||Pay Grade||Rank||Abbreviation||Avg. Monthly Pay|
|E-2||Private Second Class||PV2||$1,884|
|E-3||Private First Class||PFC||$1,981|
|E-7||Sergeant First Class||SFC||$3,021|
|E-9||Command Sergeant Major||CSM||$5,308|
|E-9||Sergeant Major of the Army||SMA||$5,308|
This position offers stability and the opportunity to advance in other careers such as payroll clerk timekeeping and auditing clerk.
Like other military positions you can earn full-tuition as a student as well as scholarships and allowances.
Also there are up to $40,000 in bonuses for enlisting under occupation specialties.
Another good thing to know is that you get paid to learn in the army (paid training.)
- You also get other benefits like:
- Housing assistance
- Cheap life insurance
- Medical care
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You are handling large sums of money.
Those of you who are familiar with working for financial institutions are probably used to this but if you are new to it you must know that it comes with responsibilities.
Most people enjoy the stability of an office setting, and that is reflected in the reviews for this position.
This position is flexible with hours which is a positive for those who are students or have families.
There aren’t many negatives besides being cooped up in an office, so if you are already used to that environment you will thrive.
The reviews below discuss opportunities and feedback:
Civilian Career Opportunities
This is a job position that will help you to go far in the civilian world.
With this training and experience you will have the ability to look for payroll jobs, administrative jobs and more.
Your accounting skills will come in handy if you decide to move into an area of expertise such as bookkeeping or corporate accounting.
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The Financial Management Technician plays an important role like many others in the Army.
They control the flow of money and analyze data for budgeting systems and daily operations.
You will learn valuable skills that will transfer with you into civilian life.
I have no doubt if you are good with numbers and have a passion for success that you will go far in the financial arena of the U.S. Military.