What does DFSO mean in MILITARY

The main responsibility of a Division Finance Support Officer is to provide financial support and guidance to divisions within the company. This includes providing accurate and up-to-date data, conducting regular audits and evaluations of financial information, developing effective reporting mechanisms, monitoring cash flows and performance trends, performing cost control functions, and recommending changes or improvements as needed.

To succeed in this role, you must have strong problem-solving skills, be highly organized and detail-oriented, have excellent communication abilities, have good analytical skills to assess financial data accurately, be adept in using accounting software programs such as Microsoft Excel, be proficient in various computer applications related to finance and accounting processes such as Quickbooks or Oracle Financial Services (OFS), have knowledge of taxation laws and regulations, be knowledgeable about budgeting practices, understand basic principles of economics relating to money management. Additionally, you should possess leadership qualities such as the ability to motivate employees when necessary.

Most employers generally require at least a bachelor's degree in accounting or finance for this position with five or more years' experience in the field. Knowledge of taxation laws is also highly desirable. Employers may also prefer candidates who hold professional certifications related to accounting or finance such as Certified Public Accountant (CPA) designation or Chartered Financial Analyst (CFA).

To determine whether you have the desired qualifications for this role you could consider completing career assessments that can help you identify your strengths as well as weaknesses that might prevent you from succeeding in this position. Additionally researching job postings from employers looking for DFSOs can give insight into what specific skillsets employers may be looking for when recruiting for this role.

As a DFSO you would typically work in an office setting that may include other members of the finance department or larger organization depending on size. You typically interact with colleagues or superiors on almost daily basis so communication both verbally and written are key aspects of this job. You will often need to take initiative while keeping accurate records so attention to detail is very important too.