ARMY FINANCIAL SERVICES

AFS OVERVIEW


AFS provides enterprise-wide financial operations and support through the oversight of expeditionary and garrison financial operations, coordination with national service providers, fielding and sustainment of electronic commerce capabilities, technical training and evaluation of financial management units in all three components, oversight and support to classified and overseas finance and accounting operations, management of Army banking programs and the distribution of funding to Army commands under the guidance of the Army Budget Office.

The AFS directorate also maintains oversight of the Army’s disbursing and entitling operations as well as manages the Army network of civilian pay customer service representatives, the Improper Payments Elimination and Recovery Program, and the Army Mass Transportation Benefits Program. Additionally, AFS serves as the Army’s functional point of contact and lead activity on all external and enterprise-wide finance operational audits of the Army.

A key element of AFS is the Operational Support Team, which conducts pre-deployment FM Operations and Resource Management training to Army Reserve and National Guard financial management units. The OST provides pre-deployment technical evaluations for all three components to assess units’ readiness and to prepare them to support contingency operations. The OST provides subject matter expertise and support to FM units throughout their entire deployment cycle.

The OST also evaluates FM units’ ability to meet their Standards for Training Proficiency and prepare for Multi Domain Operations during Large Scale Combat Operations by providing external technical evaluations under the Sustained Readiness Model based on Objective-T.

AFS, working with the U.S. Treasury and Federal Reserve Banks, provides a range of electronic commerce systems in garrison and contingency operations. These systems include the EagleCash and EZpay stored value cards, as well as financial systems used internally by the FM units for processing electronic international and domestic payments and collections.

KEY FUNCTIONS


  • Electronic Commerce
  • Training and evaluation of financial management units for all components (Army, Army Reserves and National Guard)
  • Oversight, inspections and centralized support operations for Army classified and overseas finance and accounting operations
  • Army Banking Program
  • Perform functional management of Army centrally managed accounts for electronic commerce, banking, and loss of funds
  • Oversight and management of Army disbursing and entitling operations
  • Manage the Army network of civilian pay customer service representatives
  • Army functional POC / lead activity on all external and enterprise-wide operational audits of Army financial management network
  • Manage the Improper Payments Elimination and Recovery Program
  • Distribute Headquarters, Department of the Army funding to operating agencies
  • Manage and approve accounting adjustment, month-end and year-end closings
  • Manage the Army Mass Transportation Benefits Program