DOD Civilian COOL Summary - 0505 - Financial Management Series

Federal Occupation Description

This series covers all classes of positions the duties of which are to manage or direct a program for the management of the financial resources of an organizational segment, field establishment, bureau, department, independent agency, or other organizational entity of the Federal Government when the duties and responsibilities include: (1) developing, coordinating, and maintaining an integrated system of financial staff services including at least accounting, budgeting, and management-financial reporting, and sometimes also one or more of such related staff services as auditing, credit analysis, management analysis, etc.; (2) exercising effective control over the financial resources of the organization; (3) coordinating and synthesizing financial and management data so as to interpret the composite financial results of operations to all levels of the organization's management; (4) advising on, developing, coordinating, and carrying out financial policies, procedures, and plans; (5) reviewing, analyzing, evaluating, and reporting upon program accomplishments in financial terms; and (6) advising and assisting the management officials of the organization served by supplying financial management advice required to make management decisions, establish organizational goals and objectives, and in all respects to manage the organization.

For job opportunities in this series, go to the Office of Personnel Management USAJOBS website.

Other Federal Occupations

It is not uncommon for individuals in one federal occupational series to perform duties related to another series within the same federal occupational group. To find out about the certifications for another series in the ACCOUNTING AND BUDGET GROUP, click on that series below. Note that credentials have not yet been identified for all series – links are provided only to those series for which the identification of credentials has been completed. Additional series will be added over time.

0501 - Financial Administration and Program Series
0503 - Financial Clerical and Technician Series
0510 - Accounting Series
0511 - Auditing Series
0512 - Internal Revenue Agent Series
0525 - Accounting Technician Series
0526 - Tax Specialist Series
0530 - Cash Processing Series
0540 - Voucher Examining Series
0544 - Civilian Pay Series
0545 - Military Pay Series
0560 - Budget Analysis Series
0561 - Budget Clerical and Assistance Series
0592 - Tax Examining Series
0593 - Insurance Accounts Series
0599 - Financial Management Student Trainee Series

The following certifications have been identified as most relevant to the broad duties of this federal occupational series. Please note that these credentials may not reflect all of the unique job functions that you perform within your organization. Also these credentials may require additional education, training or experience. For more information about any credential, click on the credential title below.

Credential	Agency	Related As	GI Bill^®	Accreditation
Certified Government Financial Manager (CGFM) Is In Demand	Association of Government Accountants (AGA)	Most	GI Bill
Certified Manager (CM) Is In Demand	Institute of Certified Professional Managers (ICPM)	Most	GI Bill
Certified Internal Auditor (CIA) Is In Demand	Institute of Internal Auditors	Other	GI Bill
Certified Public Finance Officer (CPFO) Is Not In Demand	Government Finance Officers Association	Most
Certified Defense Financial Manager (CDFM) Is In Demand	American Society of Military Comptrollers (ASMC)	Most	GI Bill
Program Management Professional (PgMP) Is In Demand	Project Management Institute (PMI)	Most	GI Bill
Certified Treasury Professional (CTP) Is In Demand	Association for Financial Professionals (AFP)	Some
Accredited Business Accountant/Advisor (ABA) Is Not In Demand	Accreditation Council for Accountancy and Taxation	Other
PMI Risk Management Professional (PMI-RMP) Is Not In Demand	Project Management Institute (PMI)	Some	GI Bill
Certified Cost Professional (CCP) Is Not In Demand	AACE International	Some
Certified Analytics Professional (CAP) Is Not In Demand	Informs	Some	GI Bill	Accreditation
Portfolio Management Professional (PfMP) Is Not In Demand	Project Management Institute (PMI)	Most
PMI Professional in Business Analysis (PMI-PBA) Is Not In Demand	Project Management Institute (PMI)	Some

State Licenses

Some states have specific licensing requirements for the following related civilian occupations. These state licenses may require additional education, training or experience. Click on the occupation below to get more information on state requirements from the U.S. Department of Labor.

Related Civilian Private Sector Occupations

The following civilian private sector occupations are similar to the duties performed by 0505 - Financial Management Series. These occupations may require additional education, training or experience. For more information about these occupations, click on the civilian occupation below.

Civilian Job	Duties Matched	Bright Outlook	Registered Apprenticeship	Local Salary Info
Accountants	Some	Bright Outlook		find local salary
Auditors	Some	Bright Outlook		find local salary
Budget Analysts	Some			find local salary
Business Intelligence Analysts	Some			find local salary
Financial Analysts	Some	Bright Outlook		find local salary
Financial Examiners	Some	Bright Outlook		find local salary
Financial Managers, Branch or Department	Some	Bright Outlook		find local salary
Financial Quantitative Analysts	Some			find local salary
General and Operations Managers	Most	Bright Outlook		find local salary
Investment Fund Managers	Some			find local salary
Management Analysts	Some	Bright Outlook	Apprenticeship	find local salary
Purchasing Managers	Some			find local salary
Regulatory Affairs Specialists	Some			find local salary
Treasurers and Controllers	Most	Bright Outlook		find local salary

Credential Table Legend

In Demand

The U.S. Department of Labor sponsored CareerOneStop's analysis indicates the certification is frequently mentioned in online job postings.

Related As

The credentials shown in this table are related to this federal occupation in one of three ways: Most, Some, or Other.

MOST

Credential is directly related to most of the major duties associated with the federal occupation (at least 80%). Note that the credential may require additional education, training or experience before you are eligible for them. To ensure a complete understanding of the credential requirements, click on the credential name in the table and review the page that follows.

SOME

Credential is related to some tasks associated with the duties of the federal occupation (related 80% to at least one or more critical tasks but less than 80% of all of the entire federal occupation). Note that the credential may require additional education, training or experience before you are eligible for them. To ensure a complete understanding of credential requirements, click on the credential name in the table and review the page that follows.

OTHER

Credential is related to this federal occupation, but is more advanced or specialized and therefore will likely require additional education, training, or experience.

GI Bill^®

Reimbursement for exam fees has been approved for payment through the GI Bill for the credentials with the GI Bill icon in this column.

Note: GI Bill approval data is updated quarterly. For the latest information, visit the WEAMS Licenses/Certifications Search page. Make sure to select "Both" in the LAC Category Type drop-down before searching.

Accreditation

This icon indicates that the credential has been accredited by at least one of the following. Hover over this icon to see which ones it has. See below for more information on what is listed in the hover text.

ANSI

ANSI indicates that the credential has been accredited by the American National Standards Institute (ANSI). Accreditation is the process by which a credentialing or educational program is evaluated against defined standards, and if it meets these standards, is awarded recognition by a third party. ANSI accreditation tells you that the credential meets documented standards of quality. Click here for the external link to ANSI site for more information.

NCCA

NCCA indicates that the credential has been accredited by the National Commission for Certifying Agencies (NCCA). Accreditation is the process by which a credentialing or educational program is evaluated against defined standards, and if it meets these standards, is awarded recognition by a third party. NCCA accreditation tells you that the credential meets documented standards of quality. Click here for the external link to NCCA site for more information.

ICAC

ICAC indicates that the credential has been accredited by the International Certification Accreditation Council (ICAC). ICAC accreditation tells you that the credential meets documented standards of quality, which you can review on their web site. Click here for the external link to ICAC site for more information.

ABSNC

ABSNC indicates that the credential has been accredited by the Accreditation Board for Specialty Nursing Certification (ABSNC). ABSNC accreditation tells you that the credential meets documented standards of quality, which you can review on their web site. Click here for the external link to ABSNC site for more information.

IAS

IAS indicates that the credential has been accredited by the International Accreditation Service (IAS). IAS accreditation tells you that the credential meets documented standards of quality, which you can review on their web site. Click here for the external link to IAS site for more information.

Civilian Private Sector Occupations Table Legend

Duties Matched

The civilian and federal occupations share either most job duties or some job duties.

MOST

Tasks in these careers match most duties of the federal occupation (approximately 80% or greater)

SOME

Tasks in these careers match some duties of the federal occupation (greater than 20% but less than 80%)

Bright Outlook

The Bright Outlook icon indicates that new job opportunities are very likely in the future for this job.

Registered Apprenticeship

The Registered Apprenticeship icon indicates that this job has an apprenticeship program registered with the U.S. Department of Labor.

Local Salary Information

Click the links in this column to go to the external link My Next Move for Veterans website to view salary and employment information for the job.

0505 - Financial Management Series

Federal Occupation Description

Federal Occupation Description

Other Federal Occupations

State Licenses

Related Civilian Private Sector Occupations

In Demand

GI Bill®

ANSI

ICAC

NCCA

ABSNC

IAS

Some

Most

Other

GI Bill^®