The Department of the Navy (DON) Financial Management Career Program (FMCP) is dedicated to building a top-tier financial management workforce by attracting, recruiting, and developing exceptional individuals. This program serves as the cornerstone for individuals aspiring to contribute to the DON’s mission through expert financial stewardship.
Launch Your Federal Financial Career with the DON FMCP
The FMCP is a comprehensive, two-year training initiative designed to cultivate highly proficient financial management professionals. It provides participants with invaluable on-the-job experience through structured rotational assignments and unique learning opportunities. Individuals selected for the FMCP, known as Trainees and Associates, are officially part of the program but are based at various Navy and Marine Corps locations, or “Homeports,” across the United States. Upon successful completion of the program, graduates are strategically placed in positions at their Homeports, ensuring a seamless transition into impactful roles. This intensive two-year journey is meticulously crafted to equip FMCP personnel with the advanced skills necessary to meet the evolving demands of the DON Financial Management Workforce. The program actively recruits for critical career fields, specifically Financial Management Analysts (series 501) and Accountants (series 510), at the GS-7/9/11 levels for Trainees and GS-9/11/12 for Associates.
Navy Financial Management Career Program Trainees
FM Trainee Program (FMTP): Entry-Level Excellence
The Financial Management Trainee Program (FMTP) is a rigorous 24-month program tailored for individuals starting their careers in financial management. These entry-level professionals, designated as “Trainees,” are hired into GS-7, GS-9, or GS-11 positions as Financial Management Analysts or Accountants (job series 501 and 510 respectively). The FMTP provides a structured pathway to develop foundational skills and knowledge essential for a successful career within the Department of the Navy’s financial sector.
FMTP Eligibility Requirements:
- Educational Background: Applicants must have obtained a qualifying bachelor’s degree in finance, accounting, or business administration from an accredited college or university within the two years preceding application.
- Academic Performance: A minimum overall GPA of 2.95 is required to demonstrate academic excellence.
- Security Clearance: Candidates must be able to obtain and maintain a secret security clearance, reflecting the sensitive nature of the work within the Department of the Navy.
- Mobility Agreement: Participants are required to sign a mobility agreement, acknowledging the potential for rotational assignments and diverse experiences across different locations.
- Citizenship: U.S. citizenship is mandatory for participation in the FMCP.
- DoD FM Certification: Trainees must commit to obtaining the Department of Defense Financial Management (DoD FM) Certification Level 1 by the program’s completion, underscoring the program’s commitment to professional standards.
FM Associate Program (FMAP): Mid-Career Advancement
The Financial Management Associate Program (FMAP) is also a 24-month training program, but it is specifically designed for mid-level financial management professionals, known as “Associates.” These individuals are hired at the GS-9, GS-11, or GS-12 levels as Financial Management Analysts or Accountants (job series 501 and 510). The FMAP is an ideal avenue for those looking to advance their careers and take on more complex financial roles within the Department of the Navy.
FMAP Eligibility Requirements:
- Advanced Education: Applicants are required to hold a qualifying master’s degree in finance, accounting, or business administration from an accredited college or university, earned within the past two years.
- Academic Performance: A minimum overall GPA of 2.95 (or better) is necessary to ensure a high caliber of candidates.
- Security Clearance: The ability to obtain and maintain a secret security clearance is essential for Associates, consistent with the program’s focus on secure and sensitive financial operations.
- Mobility Agreement: Associates must also sign a mobility agreement, recognizing the program’s rotational structure and the opportunities for diverse experiences.
- Citizenship: U.S. citizenship is a prerequisite for the FM Associate Program.
- DoD FM Certification: Similar to the Trainee Program, Associates are expected to achieve the DoD FM Certification Level 1 by the end of the program, reinforcing the emphasis on professional development and recognized credentials.
The Department Of The Navy Financial Management Career Program offers a unique and rewarding pathway to a fulfilling career in federal service. By joining the FMCP, you will gain unparalleled experience, expert training, and the opportunity to contribute to the critical financial operations of the U.S. Navy and Marine Corps.
