What does MA1 mean in NAVY


A Machine Accountant Petty Officer 1st Class (MA1) is a specialized rank in the U.S. Navy that deals with accounting, personnel tracking, budgeting and other financial services for the Navy. MA1s are responsible for compiling financial and personnel data, ensuring accuracy and completeness of all transactions, and providing detailed financial statements to commanders and admirals. MA1s work within the logistics community to ensure efficient management of resources.

MA1

MA1 meaning in Navy in Governmental

MA1 mostly used in an acronym Navy in Category Governmental that means Machine Accountant Petty Officer 1st Class

Shorthand: MA1,
Full Form: Machine Accountant Petty Officer 1st Class

For more information of "Machine Accountant Petty Officer 1st Class ", see the section below.

» Governmental » Navy

Essential Questions and Answers on Machine Accountant Petty Officer 1st Class in "GOVERNMENTAL»NAVY"

What is a Machine Accountant Petty Officer 1st Class?

What kind of duties does a MA1 perform?

MA1s perform a variety of duties related to accounting, personnel tracking, budgeting and other financial services for the U.S. Navy. Duties include compiling financial and personnel data; ensuring accuracy and completeness of all transactions; preparing detailed financial statements; reconciling budgets; managing resources; managing inventories; providing training on accounting procedures; assisting in administrative analysis; researching cost saving ideas; and providing assistance to other military departments or organizations requiring management support.

How is a MA1 different from an Enlisted Financial Manager?

While both positions involve similar tasks such as overseeing finances, balancing accounts, preparing reports on expenditures etc., an Enlisted Financial Manager (EFM) typically performs more managerial duties such as preparing budget requests according to departmental needs, developing budgets based on current trends in costs etc., whereas a MA1's primary responsibility is more focused on performing accounting duties which includes reconciling accounts, tracking spending trends etc. In essence EFM's manage the money while the MA1's record it precisely.

What qualifications are required to become a MA1?

To become a Machine Account Petty Officer 1st Class (MA1), individuals must have at least four years total combined active-duty service or reserve duty as an Enlisted Sailor or Marine Corps officer with at least one year of specialized experience such as an E5 or higher rating in Accounting or Finance Services field with knowledge leadership roles in finance/accounting divisions or activities. Additional requirements may include completion of advanced education training courses related to finance/accounting services such as Personnel Accounts Administration Course (PAAC) offered by the American Society of Military Comptrollers or AFEAP.

Are there any additional benefits that come with being a MA1?

Yes! As part of their compensation package, assigned Duty Locations offers additional opportunities for housing allowances and prescription reimbursement plans if available where they live/work making them unique compared to other ranks within their pay grade groupings which provides incentives that increases salary equivalent worth significantly over peers who don't possess these benefits packages associated with their position/ranks relative positions.

What career progression opportunities are available for MA1s?

Career progression opportunities vary depending upon individual commitment level but will generally include options such as completing advanced education courses within submarine warfare fields leading towards achieving Submariner Qualification insignia, selection for duties at Personnel Exchange Programs established between USN forces abroad in various international locations, leading towards achieving Department Head roles across various war ships, full time ICW programs designed to prepare officers under direct supervision from senior engineering leads.

Citation

Use the citation below to add this abbreviation to your bibliography:

Style: MLA Chicago APA

  • "MA1" www.englishdbs.com. 25 Dec, 2024. <https://www.englishdbs.com/abbreviation/492042>.
  • www.englishdbs.com. "MA1" Accessed 25 Dec, 2024. https://www.englishdbs.com/abbreviation/492042.
  • "MA1" (n.d.). www.englishdbs.com. Retrieved 25 Dec, 2024, from https://www.englishdbs.com/abbreviation/492042.
  • New

    Latest abbreviations

    »
    R
    Research Administration Improvement Team
    F
    Follicular Unit Excision and Extraction
    V
    Violence Intervention and Crisis Threat Operational Response
    N
    Neutron Induced Gumma Activity
    W
    Waster Water Based Epidemiology