Financial Services Administrator
Financial Services Administrators provide financial assistance and budget resources support to all military activities.
The primary duties of a Financial Services Administrator are to provide:
- Financial administration and services
- General office bookkeeping
- Accounts payable and accounts receivable support
- Budget management services
Financial Services Administrators are employed at all Canadian Armed Forces (CAF) bases in Canada, on ships, and overseas, in support of Canadian Army, Royal Canadian Navy or Royal Canadian Air Force operations. They may also serve in special operation units, medical organizations, recruiting offices, schools, reserve units, NATO/UN positions, and other specialized units throughout the CAF. Opportunities are also available with embassies in countries where Canada has a military attach.
Pay and career development
The starting salary for a fully trained Financial Services Administrator is $49,400 per year; however, depending on previous experience and training the starting salary may be higher. Financial Services Administrators who demonstrate the required ability, dedication and potential are selected for opportunities for career progression, promotion and advanced training.
Related civilian occupations
- Financial Records Entry Clerk
- Financial Manager
- Accounting Technician
- Budget Officer
- Cashier Clerk
- Business Planner Technician
- Verification Manager
Basic Military Qualification
The first stage of training is the Basic Military Qualification course, or Basic Training, held at the Canadian Forces Leadership and Recruit School in Saint-Jean-sur-Richelieu, Quebec. This training provides the basic core skills and knowledge common to all trades. A goal of this course is to ensure that all recruits maintain the CAF physical fitness standard; as a result, the training is physically demanding but achievable.
Basic Occupational Qualification Training
Financial Services Administrator attends the Canadian Forces Logistics Training Centre in Borden, Ontario. Training takes approximately 15 weeks and includes:
- Briefing on financial authority, regulations and financial structure
- Accounting 101
- Processing vendor invoices, payables and receivables
- Initiating, processing and finalizing claims
- Administering support to operations
- Assisting members with credit card and reconciliation
- Reconciling departmental travel expenditures
- Providing support to personnel management
- Maintaining budgets and business plans
Financial Services Administrators may be offered the opportunity to develop specialized skills through formal courses and/or on-the-job training, including:
- Non-Public Funds Administration
- Aviation Petroleum, Oil, and Lubrication Financial Administration
- Deployed Operations
- Compliance and Verification
As they progress in their career, Financial Services Administrators who demonstrate the required ability and potential may be offered advanced training. Available courses include:
- Verification Manager
- Policy Analyst
- Business Planning
- Civilian Personnel Management
The minimum required education to apply for this position is the completion of the provincial requirements for Grade 10 or Secondaire IV in Quebec with Grade 10 applied math (math 426 in Quebec) and Grade 10 (Secondaire IV) English or French. Basic training and military occupation training is required before being assigned.
This occupation is available part-time within the following environments: Navy, Army, Air Force
Serve with the Reserve Force
This position is available for part-time employment with the Primary Reserve at certain locations across Canada. Reserve Force members usually serve part time in their community, and may serve while going to school or working at a civilian job. They are paid during their training. They are not posted or subject to a military move. However, they can volunteer to move to another base. They may also volunteer for deployment on a military mission within or outside Canada.
Financial Services Administrators may serve with the Canadian Army, the Royal Canadian Navy, or the Royal Canadian Air Force and experience the unique challenges associated with these environments. They can be employed providing financial support to military activities. When they are employed on a part-time or casual full-time basis they usually serve at a Canadian Armed Forces headquarters, home port or unit located within Canada.
Reserve Force training
Reserve Force members are trained to the same level as their Regular Force counterparts. They usually begin training with their home unit to ensure that they meet the required basic professional military standards. Following basic training, occupational training for Financial Services Administrators takes about 15 weeks and may be conducted at the Canadian Forces Logistics Training Centre in Borden, Ontario.
Reserve Force members usually serve part-time with their home unit for scheduled evenings and weekends, although they may also serve in full-time positions at some units for fixed terms, depending on the type of work that they do. They are paid 85 percent of Regular Force rates of pay, receive a reasonable benefits package and may qualify to contribute to a pension plan.