Society of Retired Army Finance Officers
19 Apr 2014, 09:01 Hrs Central Daylight Time   

Text Size:


Saturday, April 19, 2014

From the Chief of the Corps

(Diamond Points, Spring 2012 newsletter) Greetings from Ft. Jackson, home to our School and Corps. With 8 months into FY 12, we are making great strides here at the school as well as across the entire FM community. It never ceases to amaze me to see, as one of the smallest branches in the Army, the tremendous impact that our Soldiers and Civilians make every day in support of our Army and the Nation. We have had several significant events that have occurred since our last publication; most importantly in December 2011 as we witnessed the responsible withdrawal of our military from Iraq after 8 ½ years of war and the seamless transition to a State Department-led mission with our U.S Embassy in Baghdad. Our last FM elements in Iraq effectively retrograded to Kuwait in late November and successfully closed out the financial books.

In January, in a ceremony hosted by then Army Vice Chief of Staff, GEN Peter Chiarelli, we bid fond farewell to LTG Edgar E. Stanton III, who retired after 40 years of service to the United States Army and our great Nation. Throughout his career, LTG Stanton served in command and staff positions at every level in the Army Finance Corps as well as our most key military FM positions in the Army Secretariat. LTG Stanton culminated his career as the Military Deputy for Budget to the Assistant Secretary of the Army (Financial Management & Comptroller). With LTG Stanton’s retirement, LTG Joseph E. Martz assumed his new position as the Military Deputy in February. Also in January, Secretary of Defense Leon Panetta announced the nomination of BG Karen E. Dyson for appointment to the rank of Major General. BG Dyson currently serves as the Director of Business Operations for the Army Office of Business Transformation with the important responsibility of assisting the Army’s transformation in its business operations to use resources more effectively and efficiently toward producing capable and ready forces at best value for our Nation.

Our FM operations in theater are going well. We continue preparation for one of the most significant business transformations ever to take place during contingency operations – the implementation of GFEBS. Already fielded everywhere else across our Army, we will now transition our operations in theater to GFEBS beginning 1 Jul 12. This effort, led by our senior FM officer in theater, BG Thomas Horlander will be a very complex undertaking. After this date, GFEBS will serve as the system of record for our new budgetary, finance, and accounting transactions, while at the same time, we will use the legacy system to manage everything done prior to July.

Complicating this transition is the development and execution of a deployment training strategy that fully integrates all key stakeholders and provides a level of training that allows for a seamless transition to GFEBS without impacting theater operations or limiting commander flexibility. Through the collective efforts of ASAFM&C, ARCENT, USAFMCOM, and the FM School, we have formulated a plan that allows us to train the FM personnel already in theater, those arriving in theater after July, and the other Services FM personnel who are an integral part of our joint FM operations.

With GFEBS now in place, we will continue our efforts towards achieving auditable financial statements. Likewise, with a congressional mandate in place for auditability by 2017 and the DoD goal of 2014, there is much work ahead of us.

The FM community will play a significant role in this process and it will take a collective effort across the Army to reach this monumental achievement. There is no doubt in my mind that across both the institutional and operational segments of our Army that the FM community is ready to meet this challenge. Moreover, our Army will be able to demonstrate to its shareholders – the American People that we are good stewards of the resources they provide us to preserve the peace and security that so many have given their lives for almost 237 years.

Lastly, on a much smaller scale than previous AFMWs, we will host instead an Army FM Senior Leader Workshop (AFMSLW) at Fort Jackson, 21-22 June 2012. This year’s theme is “Sustaining Army Financial Management Capability in Support of the 21st Century.” The 2-day event will consist of a mix of briefings and discussions on relevant issues facing the financial management community. Topics will include FM operations in Afghanistan, GFEBS Deployment in Theater, the State of the Corps Update, and an IPPS-A update as well as other key financial management topics impacting the FM community.


Chief of the Corps>

Visit us at http://www.finance.army.mil/