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Update on the DoD Financial Management Certification Program Inside this issue: President’s Message 1 ASMC National News 2 Breakfast Seminar 3 Member News 4-11 CDFM Awarded 12 Executive Staff 13 October Issue Volume 5 * 2011 It’s now official. On October 13 th , Secretary Panetta signed a letter on “Improving Financial In- formation and Achieving Audit Readiness” which dictated that DoD will have a pilot certification program for financial managers by the end of calendar year 2012. 1 This new program is already under development by a Senior DoD Working Group led by Ms. Sandra Gregory, OUSD(C) FWM. Under the current draft of the pro- gram, financial managers will be required to certify at one of three levels depending on the future coding of their specific job posi- tion. These levels are reminis- cent of the acquisition career field certifications available through the Defense Acquisition Univer- sity. Certification at each level will require completion of specific courses in some of the 23 FM and 3 leadership competencies identified by the working group. Each level is also envisioned to require a certain number of years of experience working in the appli- cable career field. Additional rec- ommended requirements for each level include increasingly ad- vanced degrees and completion of test-based certification programs such as the CDFM. Finally, each financial manager will have to maintain their certification by ac- quiring a set number of continuing professional education (CPE) cred- its each year based on their level. Fortunately, membership in the ASMC Aloha Chapter helps pre- pare all of us to meet these future requirements. CPEs are easy to accumulate through the quality training available to members, whether through access to Armed Forces Comptroller, asmconline.org online training, monthly chapter meetings, or the Aloha Chapter’s active CDFM edu- cation program. You can learn more about the current status of this certification program by listening to an audio presentation by Ms. Gregory that is Na Leo o Ka Luna Kālā “The Voice of the Comptrollers” now posted on the ASMC web- site. 2 We’ll soon be posting her slides on the Aloha Chapter web- site as well. 3 There’s no better time than now to prepare! Fred Dini, CDR, SC, USN, CDFM-A 1 http://www.asmconline.org/wp-content/ uploads/2011/10/SD-Audit-Memo-13- Oct.pdf 2 http://www.asmconline.org/2011/10/will- your-career-be-affected-by-the-proposed- dod-financial-management-certification- program-listen-to-this-audio-presentation- to-find-out/ 3 http://chapters.asmconline.org/aloha/ ASMC
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October 2011 Newsletter

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Page 1: October 2011 Newsletter

Update on the DoD Financial Management Certification Program

Inside this issue: President’s Message 1

ASMC National News 2

Breakfast Seminar 3

Member News 4-11

CDFM Awarded 12

Executive Staff 13

October Issue Volume 5 * 2011

It’s now official. On October 13

th, Secretary Panetta signed a

letter on “Improving Financial In-formation and Achieving Audit Readiness” which dictated that DoD will have a pilot certification program for financial managers by the end of calendar year 2012.

1

This new program is already under development by a Senior DoD Working Group led by Ms. Sandra Gregory, OUSD(C) FWM. Under the current draft of the pro-gram, financial managers will be required to certify at one of three levels depending on the future coding of their specific job posi-tion. These levels are reminis-cent of the acquisition career field certifications available through the Defense Acquisition Univer-sity. Certification at each level will require completion of specific courses in some of the 23 FM and 3 leadership competencies identified by the working group. Each level is also envisioned to

require a certain number of years of experience working in the appli-cable career field. Additional rec-ommended requirements for each level include increasingly ad-vanced degrees and completion of test-based certification programs such as the CDFM. Finally, each financial manager will have to maintain their certification by ac-quiring a set number of continuing professional education (CPE) cred-its each year based on their level. Fortunately, membership in the ASMC Aloha Chapter helps pre-pare all of us to meet these future requirements. CPEs are easy to accumulate through the quality training available to members, whether through access to Armed Forces Comptroller, asmconline.org online training, monthly chapter meetings, or the Aloha Chapter’s active CDFM edu-cation program. You can learn more about the current status of this certification program by listening to an audio presentation by Ms. Gregory that is

Na Leo o Ka Luna Kālā

“The Voice of the Comptrollers”

now posted on the ASMC web-site.

2 We’ll soon be posting her

slides on the Aloha Chapter web-site as well.

3

There’s no better time than now to prepare!

Fred Dini, CDR, SC, USN, CDFM-A

1 http://www.asmconline.org/wp-content/

uploads/2011/10/SD-Audit-Memo-13-Oct.pdf

2 http://www.asmconline.org/2011/10/will-

your-career-be-affected-by-the-proposed-dod-financial-management-certification-program-listen-to-this-audio-presentation-to-find-out/

3 http://chapters.asmconline.org/aloha/

ASMC

Page 2: October 2011 Newsletter

National ASMC Corner

Will Your Career be Affected by the Proposed DoD Financial Management Certification Pro-

gram?

Service VPs are your financial management

network link to the ASMC Aloha Chapter:

MSgt Daniel Rea

(808) 449-3658

[email protected] Air Force VP

CPT Geoffrey Mosley

(808) 438-2004

[email protected]

Army VP

CDR Erich Klein

(808) 842-2006

[email protected] Coast Guard VP

Rita Smith

(808) 472-1543

[email protected] Marine Corps VP

Melissa Coté

(808) 473-1810

[email protected] Navy VP

Fostering the spirit of inter-service

fellowship and

cooperation…

Page 2

Friday, October 14th, 2011

At the ASMC PDI in Minneapolis, MN in May 2011, the Un-

der Secretary of Defense (Comptroller) Robert F. Hale an-

nounced a new course based certification program for the DoD

financial management workforce. Over the last several months

a senior working group chaired by Sandra Gregory, OUSD(C)

FWM has been working to outline this new program and begin

implementation. Recently Sandra Gregory testified at the

House Armed Services Committee, Defense Financial Manage-

ment and Auditability Reform Panel on this issue. Additionally

the Secretary of Defense signed a memo on Improving Finan-

cial Information and Achieving Audit Readiness, which in-

cludes the certification program for financial managers.

ASMC hosted an audio session on this topic with Ms. Sandra

Gregory on October 13th. You can watch this recording of the

presentation. Your comments below are encouraged.

NOTE: In order to offer this presentation at no cost, a short

commercial will be displayed at the beginning of the presenta-

tion. ASMC does not endorse any Produced Advertised Con-

tent or any opinion, recommendation, or advice expressed

therein, and ASMC expressly disclaims any and all liability in

connection with the Produced Advertised Content.

Listen to the audio presentation embedded in the ar-ticle located on the ASMC National Website: www.asmconline.org or download the slides by follow-ing the link here: http://www.asmconline.org/wp-content/uploads/2011/10/ASMC_13Oct2011.ppt

Page 3: October 2011 Newsletter

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Page 4: October 2011 Newsletter

Aloha Chapter July Meeting Recap Page 2

CEO 24 Hour Fitness, Carl Liebert, III Provides Leadership and Advice on

Operating a Company in Challenging Times—Article by Joanne Lofton

Members and guests attending the October luncheon had the pleasure of hearing

from Carl Liebert III, CEO of 24 Hour Fitness. The joint event was co-hosted by the

ASMC Aloha Chapter and the Supply Corps Association of Hawaii (SCAH). Also in

attendance was RDML Glenn Robillard, Pacific Fleet N4. Members of ASMC were

credited with 1 CPE for attending the October luncheon.

A former United States Naval officer, Carl earned a bachelor’s degree in physical

science from the United States Naval Academy. While there, he was a three-year let-

ter winner on the nationally ranked basketball team, later earning a master’s of busi-

ness administration from the Owen Graduate School of Management at Vanderbilt

University.

Prior to joining the 24 Hour Fitness leadership team in November 2006, Carl was

Executive Vice President for the Home Depot. In this role, he oversaw more than

2,000 US and Mexico stores, and was responsible for sales, execution and operations.

During his tenure at Home Depot, he successfully implemented a variety of innova-

tions, including a self-checkout, back-end automated receiving, and several customer

services and staffing enhancements. Earlier in his career, Carl served as Circuit City’s

Senior Vice President and Division President of 317 Superstores in the company’s

Western Division – consisting of 18,000 associates located throughout 32 states and

generating more than $4.5 billion in sales. Previously, as Vice President of Corporate

Operations and Six Sigma for Circuit City, he was responsible for supporting the

“back-room” operations of more than 600 Superstores and the successful implemen-

tation of Six Sigma.

Responsible for the worldwide operations of more than 400 fitness clubs and

20,000 employees, Carl understands the power of changing lives through fitness.

Every day presents an opportunity for this 24-year old company to help members live

better and live longer. He co-founded “Jessica’s Hope Project,” a non-profit organiza-

tion that focuses on sending fitness-oriented care packages overseas to all branches of

the military. Carl serves on the Veterans of Foreign Wars Foundation Board of Direc-

tors, the advisory Boards for both CameronBlue Capital and the Deming Center at

Columbia University, and the V Foundation Board.

A caring leader with vision and integrity, at each step throughout his career Carl

has applied the principles of treating his associates well, focusing on the customer ex-

perience and building great teams that deliver results.

Page 5: October 2011 Newsletter

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PDI Online is one of the many valuable membership benefits ASMC. Ensure you keep your membership current and stay connected so you don't miss any of ASMC's valuable benefits and resources.

ASMCOnline.org Your most complete source for defense financial news, information, and online education.

ASMC Connection

Stay informed of news and updates with this members-only monthly e-newsletter.

Armed Forces Comptroller Journal Keep your management skills sharp with in-depth articles on defense financial management issues.

Chapter Membership

Network and connect with local colleagues.

As a member you also enjoy significant savings on:

Audio Conferences Distance-based learning by leading experts.

Certified Defense Financial Manager (CDFM) Certification.

PDI Online

Online education where you can earn more than 80 CPE's.

PDI The industry's largest gathering where you can network with more than 3,600 colleagues and attend

education sessions that impact you on a day-to-day basis.

Founded in 1983 as a one-club operation, 24 Hour Fitness has grown to become a global fitness leader and over the past

25 years, has built or opened more clubs in the United States than any other privately-owned fitness club chain. The

company is widely credited with changing the industry landscape by introducing a variety of innovations, including ex-

tended hours and month-to-month memberships. In 2004, 24 Hour Fitness became the first official fitness center sponsor

of the United States Olympic team. The sponsorship grants memberships to selected U.S. Olympic hopefuls and includes

upgrades to various U.S. Olympic Training Centers across the country.

24 Hour Fitness operates more than 425 clubs in 16 states with three million club members and more than 20,000 team

members and is headquartered in San Ramon, Calif.

Aloha Chapter July Meeting Recap Continued...

Page 6: October 2011 Newsletter

Free CDFM Audio Training Available

Page 6

The Aloha Chapter is offering 3 total sessions free of charge to its mem-

bers. Location is TBD for the Mod 2 and 3 sessions:

Audio Education. This training provides 8 CPE credits:

1.CDFM Module 1 - Resource Management, Speaker: Mr. Ron Davidson,

CDFM-A October 25-26, 2011 12:00PM-4:00PM Eastern (6am-10am Ha-

waii)

2. CDFM Module 2, Speaker: Mr. Ron Davidson, CDFM-A November 15-

16, 2011 12:00PM-4:00PM Eastern (7am-11am Hawaii)

3. CDFM Module 3, Speaker: Mr. Ron Davidson, CDFM-A December 13-

14, 2011 12:00PM-4:00PM Eastern (7am-11am Hawaii)

For more information contact Gaye Sakai, Professional Development Committee Chair @ [email protected]

"This financial management job announcement is listed as a service to our

Chapter members and in no way constitutes endorsement, recommenda-

tion, or favoring by the American Society of Military Comptrollers or the

U.S. Department of Defense."

The Financial Technician position GS-503-07/08 for our Payroll Department at Pearl

Harbor Naval Shipyard and Intermediate Maintenance Facility is now open. The link

below is the announcement which opened today, Friday 10/28/2011, and closes on

Friday 11/11/2011.

http://www.usajobs.gov/GetJob/ViewDetails/301891000

If interested or know of any current DoD

employees in Hawaii, please have them

apply at USAJOBS.

Page 7: October 2011 Newsletter

The Aloha Chapter of the American Society of Military Comp-

trollers is a professional organization dedicated to maintain-ing and improving the high standards of Comptrollership.

Emphasis is placed on education, training as well as the ex-change of ideas and techniques for resolving common issues

of the Services - Department of Defense and Coast Guard. The Aloha Chapter was established in 1977. Current mem-

bership is approximately 400 civilian and military personnel, who specialize in all aspects of Financial Management. We

are located on the island of Oahu in the State of Hawaii. For further information on how to join, contact any of the Team

Service VPs listed. Visit us at: http://chapters.asmconline.org/aloha

Mission: Promote education, training, and professional de-

velopment in financial management while fostering the spirit

of interservice fellowship and cooperation.

Vision: An active, enjoyable, social organization, hosting events envisioned and created by the members, supporting

members in achieving their fullest personal and professional potential in defense financial management.

Values: Integrity; Excellence; Commitment

UPCOMING EVENTS

Thurs, 10 Nov: Joint meeting

with UH and AGA. "The future

of audit and assurance: Big

challenges and many oppor-

tunities" Lokahi Learning

Center, 1132 Bishop Street,

Suite 2410, 0730-0930. POC

= Call UH at (808) 956-7332

or email

[email protected].

Thurs, 17 Nov: Fiscal Law

Roundtable at Hale Ikena

Officers' Club, featuring Ed

Hanel (PACFLT General

Counsel), Brad Byrnes

(JPAC Chief Counsel), and

John Dyer

(PACAF Attorney),

Fort Shafter, 1130-1300.

POC = Capt Darrell

Randolph

Wed, 7 Dec: ASMC

Holiday Party,

The Club at Koa Malina,

MCB Kaneohe.

POC = Capt Darrell

Randolph

Being a member of ASMC will…

Enhance your knowledge of the financial management profession and your

career development. Additionally, it will provide you with the opportunity to

meet fellow Financial Management professionals. The materials you will

receive from the national office staff will include the quarterly Armed Forces

Comptroller Journal magazine. Added benefits include:

Monthly electronic news letter with meeting information, upcoming

events, and community news about the chapter

Monthly meetings featuring professional speakers about topical FM

issues

Opportunities to expand your network, both socially and profession-

ally, through participation in ASMC activities

Visit us at: http://chapters.asmconline.org/aloha/

President’s Leadership Quote:

"All of the great leaders

have had one characteris-

tic in common: it was the

willingness to confront

unequivocally the major

anxiety of their people in

their time. This, and not

much else, is the essence

of leadership."

--John Kenneth

Galbraith

Aloha Chapter Information

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Branch Recruited By Name Full Name Join Date Total

Air Force Jason Erar Donna Scaffidi 7/5/2011 1

Sharon Miller Micheal Christipher Wade 7/7/2011 1

(blank) Chastity Ramirez 6/9/2011 1

Legina Mackey 5/2/2011 1

Lisa Mallery-o'leary 3/30/2011 1

Air Force Total 5

Army (blank) Timothy K. Johnson 7/5/2011 1

Lula M. James 9/14/2011 1

Mira Kim 8/9/2011 1

James U. Okeke 1/23/2011 1

Calvin Cody Phillips 7/22/2011 1

Maurice G. Pritz, Jr. 8/16/2011 1

Michelle K.S Santos 9/12/2011 1

Army Total 7

Coast Guard (blank) Jan S. Iha 10/15/2011 1

Kylene Yamauchi 10/20/2011 1

Coast Guard Total 2

Defense Agencies (blank) Michael Gregory Wedge, Sr. 5/10/2011 1

Defense Agencies

Total

1

Department of

Defense (blank) Yvonne M. Yoshioka 6/13/2011 1

Department of

Defense Total

1

Marine Corps Sherman Lessane Christopher A. Miles 6/28/2011 1

Faye Rau 6/28/2011 1

(blank) Kenisha J. Berry 1/3/2011 1

Marine Corps Total

3

Navy Miriam Mefford George Devries 5/23/2011 1

Nina Picon Mary Mafnas 6/21/2011 1

Patricia Tharp-duenas John T. Duenas 6/17/2011 1

(blank) Dorine Haunani Carter 5/20/2011 1

Regan Michio Tamura 5/18/2011 1

Thomas O. McGauley 5/12/2011 1

Felicitas R Basa 7/11/2011 1

Eric Y. Hatakeyama 8/1/2011 1

Raymond Potts Doyne Damian Clem 8/30/2011 1

William Sims Lily P. Grace 9/20/2011 1

Navy Total 10

Other (blank) Wendy L. Hammer 9/12/2011 1

Patrick H. Oki 9/12/2011 1

Other Total 2

Grand Total 31

New ASMC Aloha Chapter members (since May 2011)

Page 12: October 2011 Newsletter

Aloha Chapter CDFM

Awarded

ASMC congratulates all from the

Aloha Chapter who have

passed their required CDFM exams

indicates award in the last 30

days

All active CDFMs are listed. If your

CDFM is sus-pended or inactive, you will not appear

in this listing.

Page 12

Page 13: October 2011 Newsletter

President Fred Dini [email protected]

Vice President Linda Heffernan [email protected]

Secretary Raymond Potts [email protected]

Treasurer Capt. Darrell Randolph [email protected]

VP Air Force Daniel Rea [email protected]

VP Army CPT Geoffrey Mosley [email protected]

VP Coast Guard Erich Klein [email protected]

VP Marine Corps Rita Smith [email protected]

VP Navy Melissa Cote’ [email protected]

Membership Regina Torosian [email protected]

Corporate Merle Perez [email protected]

Five Star / Awards Dante Cacal [email protected]

Community Service Dennis Moore [email protected]

Publicity SFC Erica Jones [email protected]

Newsletter Jessica Bode [email protected]

Partnering LCDR Jose Vargas [email protected]

Program Mimi Shiroma [email protected]

Professional Development

Gaye Sakai [email protected]

Scholarship Mary Garcia [email protected]

Webmaster Jason Erar [email protected]

Mahalo to the Aloha Chapter Team for your contributions to this edition of

the newsletter! We welcome your comments and feedback. Aloha!

All contents copyright © ASMC Aloha Chapter 2011.

ASMC Aloha Chapter PO Box 29564

Honolulu, HI 96820

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