The American Society of Military Comptrollers (ASMC) celebrates its 75th anniversary of advancing the profession by establishing September 30th as the day to annually recognize the defense financial management community.
Alexandria, Va., September 21, 2023 – The American Society of Military Comptrollers (ASMC)’s Board of Directors, representing the premier non-profit educational and professional association for the defense financial management (FM) community, issued a proclamation declaring September 30th as ‘National Defense Financial Manager Day’. Signed by Board President Glenda Scheiner, CDFM/CDFM-A, DFMCP3 and Chief Executive Officer Rich Brady, CDFM, CMA, CGFM, this newly founded day recognizes the contributions of over 200,000 defense financial managers in the government and commercial sectors, throughout the United States and around the world, who provide critical financial support to the nation’s national defense during peacetime, exercise, contingency, and wartime operations.
“Defense financial managers ensure budgetary integrity, operating performance, stewardship, and systems and control over nearly one trillion dollars in appropriated funds per fiscal year, from October 1 through September 30,” the proclamation stated. “All appropriated funds must be properly accounted for and fully expended in accordance with applicable laws and regulations by September 30th of each fiscal year.”
“As a former financial management officer in the Marine Corps, I know that fiscal readiness accelerates mission readiness,” said ASMC CEO Rich Brady. “Defense financial managers deliver world-class, responsive, consistent, and professional support to our Nation’s decision makers and it is important that we recognize their many contributions on the day each year when their efforts are on full display – fiscal year closeout.”
Since 1948, ASMC has been the leader for the defense financial management and military comptrollership profession. The professional association represents its 14,000 members and 7,000 Certified Defense Financial Managers (CDFM) by promoting the education, training, and certification of the defense financial management community, driving financial transformation in the defense sector, and upholding the highest ethical and professional standards.
“With this inaugural National Day of Recognition, we intend to further advance the defense financial management profession by providing additional educational opportunities for our members to be able to share ideas that promote financial security for our Nation,” added Brady.
About ASMC:
The American Society of Military Comptrollers (ASMC) is the non-profit educational and professional organization for persons, military and civilian, involved in the field of defense financial management. It represents over 14,000 professionals in the defense financial management community, 105 chapters, and 70 corporate partners. ASMC promotes the education, training, and certification of its members, and supports the development and advancement of the defense financial management profession.
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We worked together on the closing of the fiscal year and we obviously had to get the final budget approved before midnight so that we could start working on the closing of our database. We were very pleased with our results but it wasn’t easy for us to do that because our database went down in the middle of our final day so we had to wait for IT to get in and bring it back up it was midnight and we had a lot of work to get done yet. We finished at 0400.