Abstract
Abstract : It has been a common presumption over the last generation that the United States Army Finance Corps is going away. Part of this presumption is due to the misperception that the Defense Integrated Military Human Resource System (DIMHRS) will make the Finance Corps obsolete. The Finance Corps, as well as the broader financial management (FM) community, remains relevant, primarily because of its proven value to an Army at war, and its demonstrated relevance in support of commanders, units, and warriors of all Services. However, significant problems exist -- the latest effort at transforming the Finance Corps, called Financial Management Redesign (FMR), eliminated all financial management commands at battalion level and higher, leaving in its wake an operational void. This paper will explain why the US Army Finance Corps and the financial management (FM) mission have survived and thrived to this day, why DIMHRS does not foretell the death of the Army Finance Corps, and how FM Redesign has been a failure. The paper also provides recommendations on how to restructure the financial management force in order to greatly improve financial management support to the Army and our Soldiers.
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