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i_am_a_politician
Recruit

Posts: 14

« on: October 28, 2018, 09:16:32 PM »

Hi all,

I am currently a 20 y/o Cadet who is interested in becoming a Finance Officer Track as a senior member but I would like to hear some advice from anyone here regarding that track.

From my understanding, I cannot start on any of the tasks until I become a senior member (please correct me if I am wrong).  However, I feel that this could be a great opportunity for me to gain experience during my last two years of University since I am a Business Admin Major with a concentration in Finance.

My question to you guys is, how similar is the Finance Officer track to something that say, a CPA would do or someone in the finance field would do?  Do you recommend that I pursue this specialty track or choose something different?  Does 3 levels of college accounting classes help?

Thank you all for your input.
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C/2d Lt Politician
Eclipse
Too Much Free Time Award

Posts: 29,246

« Reply #1 on: October 28, 2018, 09:27:08 PM »

From my understanding, I cannot start on any of the tasks until I become a senior member (please correct me if I am wrong). 

There's no "Cadet Finance Officer", but nothing says you can't ask and learn.

My question to you guys is, how similar is the Finance Officer track to something that say, a CPA would do or someone in the finance field would do? 

Very little.

Yes, there are annual budgets to deal with, but really it's just balancing a
checkbook, and even then you're just reconciling what the Wing says you have, not
dealing dircectly with the actual books.

Even as an FASC for missions, the scale might be different, but it's not really CPA level "anything".

Once you turn Senior, getting involved on the Finance side with encampments or flight academies would
probably give you more to do then the average squadron - there are a lot of moving pieces and
multiple funding sources, etc.
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GroundHawg
Salty & Seasoned Contributor

Posts: 603

« Reply #2 on: October 29, 2018, 08:32:23 AM »

Graduating with an Accounting degree, with your CPA, CFA, CIA, EA, etc.. gets you two of the three E's, volunteering as the squadron Finance Officer may get you the third. That might be enough on your resume to get your foot in the door somewhere, or put you above someone else for a job.
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Luis R. Ramos
Salty & Seasoned Contributor

Posts: 2,714

« Reply #3 on: October 29, 2018, 12:47:15 PM »

You may consider also there is an Emergency Services financial need as well. The Finance/Admin Sector Chief. Again it is on reconciling funds.

So if you want to pursue this as well, you can work on the prerequisites. Some of these tasks can be made on your own.

GES - General Emergency Services. CAPT 116, on your own.
MSA - Mission Staff Assistant
Age Eligibility: 21 years
Finance/Admin Section Chief - Familiarization and Preparatory Training
IS100 - IS-100. FEMA online class. On your own.
IS200 - IS-200. Ditto.
IS700 - IS-700. Ditto.
IS800 - IS-800. Ditto.
Finance/Admin Section Chief - Advanced Training
ICS300 - ICS-300. Usually taught by your state Office of Emergency Mgmt in a classroom, some wings have made arrangements to have the state SOEM teach it to their members. Instructors from this class expects you to have at least IS100.
CAPT 117. On your own.



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