Financial Management Intern Program
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Typical Duties

Analysts, Accountants and Auditors perform a variety of financial management functions depending upon their duty location, the specific command, and the position title.

Typical Financial Management Functions include:

  • Formulating budget estimates in support of program objectives; presenting and justifying budget requests; development of plans for allocating resources; monitoring program execution; reviewing and analyzing funding documents; conducting comparative analyses to examine trends; reviewing budget policy and statutes to ensure compliance.
  • Reviewing and interpreting accounting and financial management policy, procedures, standards and statutes to ensure compliance; monitoring and examining accounts, specific appropriations or financial records for account status and reporting requirements; and verifying accounts documentation.
  • Planning and conducting performance and financial reviews of major programs and entities to evaluate the reliability, effectiveness, and efficiency of the organization; making recommendations based on findings that identify cost savings through improved operations; and following up on recommendations to ensure implementation.

FMTP Trainees salaries start at approximately $38,000 to $42,000 dependent upon the assigned location.  Trainees who complete the program with satisfactory performance and conduct are considered for full-time positions within Navy and Marine Corps agencies.   They earn a salary between $61,000 to $66,000, dependent upon the location - an increase of approximately $23,000 in 28-months!

Trainees receive full federal civil service benefits which include:

  • Vacation and Sick Leave
  • Health and Life Insurance
  • Federal Employees Retirement System (Pension Plan)
  • Thrift Savings Plan (tax-deferred)
  • Family Friendly Programs
  • Career Development
  • Performance-based annual promotions
  • Performance-based monetary and/or time-off awards

Refer to www.opm.gov for detailed salary and benefit information.

DOD important links
Freedom of Information Act (FOIA)
Department of the Navy Headquarters
Office of the Assistant Secretary of the Navy (Financial Management and Comptroller)
Official Website for the US Marine Corps
U.S. Navy Web Site
Navy Recruiting





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