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October Issue

Volume 5 * 2011

ASMC Na Leo o Ka Luna Kālā “The Voice of the Comptrollers” Update on the DoD Financial Management Certification Program It’s now official. On October 13 , Secretary Panetta signed a letter on “Improving Financial Information and Achieving Audit Readiness” which dictated that DoD will have a pilot certification program for financial managers by the end of calendar year 2012.1 This new program is already under development by a Senior DoD Working Group led by Ms. Sandra Gregory, OUSD(C) FWM. Under the current draft of the program, financial managers will be required to certify at one of three levels depending on the future coding of their specific job position. These levels are reminiscent of the acquisition career field certifications available through the Defense Acquisition University. Certification at each level will require completion of specific courses in some of the 23 FM and 3 leadership competencies identified by the working group. Each level is also envisioned to th

require a certain number of years of experience working in the applicable career field. Additional recommended requirements for each level include increasingly advanced degrees and completion of test-based certification programs such as the CDFM. Finally, each financial manager will have to maintain their certification by acquiring a set number of continuing professional education (CPE) credits each year based on their level. Fortunately, membership in the ASMC Aloha Chapter helps prepare all of us to meet these future requirements. CPEs are easy to accumulate through the quality training available to members, whether through access to Armed Forces Comptroller, online training, monthly chapter meetings, or the Aloha Chapter’s active CDFM education program. You can learn more about the current status of this certification program by listening to an audio presentation by Ms. Gregory that is

now posted on the ASMC website.2 We’ll soon be posting her slides on the Aloha Chapter website as well.3 There’s no better time than now to prepare! Fred Dini, CDR, SC, USN, CDFM-A 1 uploads/2011/10/SD-Audit-Memo-13Oct.pdf 2 3

Inside this issue: President’s Message


ASMC National News


Breakfast Seminar


Member News


CDFM Awarded


Executive Staff


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National ASMC Corner Will Your Career be Affected by the Proposed DoD Financial Management Certification Program? Friday, October 14th, 2011

At the ASMC PDI in Minneapolis, MN in May 2011, the Under Secretary of Defense (Comptroller) Robert F. Hale announced a new course based certification program for the DoD financial management workforce. Over the last several months a senior working group chaired by Sandra Gregory, OUSD(C) FWM has been working to outline this new program and begin implementation. Recently Sandra Gregory testified at the House Armed Services Committee, Defense Financial Management and Auditability Reform Panel on this issue. Additionally the Secretary of Defense signed a memo on Improving Financial Information and Achieving Audit Readiness, which includes the certification program for financial managers. ASMC hosted an audio session on this topic with Ms. Sandra Gregory on October 13th. You can watch this recording of the presentation. Your comments below are encouraged. NOTE: In order to offer this presentation at no cost, a short commercial will be displayed at the beginning of the presentation. ASMC does not endorse any Produced Advertised Content or any opinion, recommendation, or advice expressed therein, and ASMC expressly disclaims any and all liability in connection with the Produced Advertised Content. Listen to the audio presentation embedded in the article located on the ASMC National Website: or download the slides by following the link here: uploads/2011/10/ASMC_13Oct2011.ppt

Service VPs are your financial management network link to the ASMC Aloha Chapter: MSgt Daniel Rea (808) 449-3658

Air Force VP

CPT Geoffrey Mosley (808) 438-2004

Army VP

CDR Erich Klein (808) 842-2006

Coast Guard VP

Rita Smith (808) 472-1543

Marine Corps VP

Melissa CotĂŠ (808) 473-1810 melissa.cote1@navy.nil

Navy VP

Fostering the spirit of inter-service fellowship and cooperation‌

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Aloha Chapter July Meeting Recap CEO 24 Hour Fitness, Carl Liebert, III Provides Leadership and Advice on Operating a Company in Challenging Times—Article by Joanne Lofton Members and guests attending the October luncheon had the pleasure of hearing from Carl Liebert III, CEO of 24 Hour Fitness. The joint event was co-hosted by the ASMC Aloha Chapter and the Supply Corps Association of Hawaii (SCAH). Also in attendance was RDML Glenn Robillard, Pacific Fleet N4. Members of ASMC were credited with 1 CPE for attending the October luncheon. A former United States Naval officer, Carl earned a bachelor’s degree in physical science from the United States Naval Academy. While there, he was a three-year letter winner on the nationally ranked basketball team, later earning a master’s of business administration from the Owen Graduate School of Management at Vanderbilt University. Prior to joining the 24 Hour Fitness leadership team in November 2006, Carl was Executive Vice President for the Home Depot. In this role, he oversaw more than 2,000 US and Mexico stores, and was responsible for sales, execution and operations. During his tenure at Home Depot, he successfully implemented a variety of innovations, including a self-checkout, back-end automated receiving, and several customer services and staffing enhancements. Earlier in his career, Carl served as Circuit City’s Senior Vice President and Division President of 317 Superstores in the company’s Western Division – consisting of 18,000 associates located throughout 32 states and generating more than $4.5 billion in sales. Previously, as Vice President of Corporate Operations and Six Sigma for Circuit City, he was responsible for supporting the “back-room” operations of more than 600 Superstores and the successful implementation of Six Sigma. Responsible for the worldwide operations of more than 400 fitness clubs and 20,000 employees, Carl understands the power of changing lives through fitness. Every day presents an opportunity for this 24-year old company to help members live better and live longer. He co-founded “Jessica’s Hope Project,” a non-profit organization that focuses on sending fitness-oriented care packages overseas to all branches of the military. Carl serves on the Veterans of Foreign Wars Foundation Board of Directors, the advisory Boards for both CameronBlue Capital and the Deming Center at Columbia University, and the V Foundation Board. A caring leader with vision and integrity, at each step throughout his career Carl has applied the principles of treating his associates well, focusing on the customer experience and building great teams that deliver results.

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Aloha Chapter July Meeting Recap Continued...

Founded in 1983 as a one-club operation, 24 Hour Fitness has grown to become a global fitness leader and over the past 25 years, has built or opened more clubs in the United States than any other privately-owned fitness club chain. The company is widely credited with changing the industry landscape by introducing a variety of innovations, including extended hours and month-to-month memberships. In 2004, 24 Hour Fitness became the first official fitness center sponsor of the United States Olympic team. The sponsorship grants memberships to selected U.S. Olympic hopefuls and includes upgrades to various U.S. Olympic Training Centers across the country. 24 Hour Fitness operates more than 425 clubs in 16 states with three million club members and more than 20,000 team members and is headquartered in San Ramon, Calif.

PDI Online is one of the many valuable membership benefits ASMC. Ensure you keep your membership current and stay connected so you don't miss any of ASMC's valuable benefits and resources. Your most complete source for defense financial news, information, and online education. ASMC Connection Stay informed of news and updates with this members-only monthly e-newsletter. Armed Forces Comptroller Journal Keep your management skills sharp with in-depth articles on defense financial management issues. Chapter Membership Network and connect with local colleagues. As a member you also enjoy significant savings on: Audio Conferences Distance-based learning by leading experts. Certified Defense Financial Manager (CDFM) Certification. PDI Online Online education where you can earn more than 80 CPE's. PDI The industry's largest gathering where you can network with more than 3,600 colleagues and attend education sessions that impact you on a day-to-day basis.

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Free CDFM Audio Training Available The Aloha Chapter is offering 3 total sessions free of charge to its members. Location is TBD for the Mod 2 and 3 sessions: Audio Education. This training provides 8 CPE credits: 1.CDFM Module 1 - Resource Management, Speaker: Mr. Ron Davidson, CDFM-A October 25-26, 2011 12:00PM-4:00PM Eastern (6am-10am Hawaii) 2. CDFM Module 2, Speaker: Mr. Ron Davidson, CDFM-A November 1516, 2011 12:00PM-4:00PM Eastern (7am-11am Hawaii) 3. CDFM Module 3, Speaker: Mr. Ron Davidson, CDFM-A December 1314, 2011 12:00PM-4:00PM Eastern (7am-11am Hawaii) For more information contact Gaye Sakai, Professional Development Committee Chair @

The Financial Technician position GS-503-07/08 for our Payroll Department at Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility is now open. The link below is the announcement which opened today, Friday 10/28/2011, and closes on Friday 11/11/2011. If interested or know of any current DoD employees in Hawaii, please have them apply at USAJOBS. "This financial management job announcement is listed as a service to our Chapter members and in no way constitutes endorsement, recommendation, or favoring by the American Society of Military Comptrollers or the U.S. Department of Defense."

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Being a member of ASMC will… Enhance your knowledge of the financial management profession and your career development. Additionally, it will provide you with the opportunity to meet fellow Financial Management professionals. The materials you will receive from the national office staff will include the quarterly Armed Forces Comptroller Journal magazine. Added benefits include: 

Monthly electronic news letter with meeting information, upcoming events, and community news about the chapter

Monthly meetings featuring professional speakers about topical FM issues

Opportunities to expand your network, both socially and professionally, through participation in ASMC activities

Visit us at:

Aloha Chapter Information The Aloha Chapter of the American Society of Military Comptrollers is a professional organization dedicated to maintaining and improving the high standards of Comptrollership. Emphasis is placed on education, training as well as the exchange of ideas and techniques for resolving common issues of the Services - Department of Defense and Coast Guard. The Aloha Chapter was established in 1977. Current membership is approximately 400 civilian and military personnel, who specialize in all aspects of Financial Management. We are located on the island of Oahu in the State of Hawaii. For further information on how to join, contact any of the Team Service VPs listed. Visit us at: http:// Mission: Promote education, training, and professional development in financial management while fostering the spirit of interservice fellowship and cooperation. Vision: An active, enjoyable, social organization, hosting events envisioned and created by the members, supporting members in achieving their fullest personal and professional potential in defense financial management. Values: Integrity; Excellence; Commitment

UPCOMING EVENTS Thurs, 10 Nov: Joint meeting with UH and AGA. "The future of audit and assurance: Big challenges and many opportunities" Lokahi Learning Center, 1132 Bishop Street, Suite 2410, 0730-0930. POC = Call UH at (808) 956-7332 or email Thurs, 17 Nov: Fiscal Law Roundtable at Hale Ikena Officers' Club, featuring Ed Hanel (PACFLT General Counsel), Brad Byrnes (JPAC Chief Counsel), and John Dyer (PACAF Attorney), Fort Shafter, 1130-1300. POC = Capt Darrell Randolph Wed, 7 Dec: ASMC Holiday Party, The Club at Koa Malina, MCB Kaneohe. POC = Capt Darrell Randolph

President’s Leadership Quote: "All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership." --John Kenneth Galbraith

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New ASMC Aloha Chapter members (since May 2011) Branch Air Force

Air Force Total Army

Army Total Coast Guard Coast Guard Total Defense Agencies Defense Agencies Total Department of Defense Department of Defense Total Marine Corps

Recruited By Name Jason Erar Sharon Miller (blank)

Other Total Grand Total

1 1 1 1



Timothy K. Johnson Lula M. James Mira Kim James U. Okeke Calvin Cody Phillips Maurice G. Pritz, Jr. Michelle K.S Santos

7/5/2011 9/14/2011 8/9/2011 1/23/2011 7/22/2011 8/16/2011 9/12/2011


Jan S. Iha Kylene Yamauchi


Michael Gregory Wedge, Sr.



Yvonne M. Yoshioka


1 1

Sherman Lessane

Christopher A. Miles Faye Rau Kenisha J. Berry

6/28/2011 6/28/2011 1/3/2011

1 1 1

1 5 1 1 1 1 1 1 1 7 1 1 2 1 1

10/15/2011 10/20/2011

3 Miriam Mefford Nina Picon Patricia Tharp-duenas (blank)

Raymond Potts William Sims Navy Total Other

Join Date Total 7/5/2011 7/7/2011 6/9/2011 5/2/2011

Lisa Mallery-o'leary

(blank) Marine Corps Total Navy

Full Name Donna Scaffidi Micheal Christipher Wade Chastity Ramirez Legina Mackey


George Devries Mary Mafnas John T. Duenas Dorine Haunani Carter Regan Michio Tamura Thomas O. McGauley Felicitas R Basa Eric Y. Hatakeyama Doyne Damian Clem Lily P. Grace Wendy L. Hammer Patrick H. Oki

5/23/2011 6/21/2011 6/17/2011 5/20/2011 5/18/2011 5/12/2011 7/11/2011 8/1/2011 8/30/2011 9/20/2011 9/12/2011 9/12/2011

1 1 1 1 1 1 1 1 1 1 10 1 1 2 31

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Aloha Chapter CDFM Awarded

ASMC congratulates all from the Aloha Chapter who have passed their required CDFM exams 

indicates award in the last 30 days

All active CDFMs are listed. If your CDFM is suspended or inactive, you will not appear in this listing.

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President Vice President Secretary Treasurer VP Air Force VP Army VP Coast Guard VP Marine Corps VP Navy Membership Corporate Five Star / Awards Community Service Publicity Newsletter Partnering Program Professional Development Scholarship Webmaster

Fred Dini Linda Heffernan Raymond Potts Capt. Darrell Randolph Daniel Rea CPT Geoffrey Mosley Erich Klein Rita Smith Melissa Cote’ Regina Torosian Merle Perez Dante Cacal Dennis Moore SFC Erica Jones Jessica Bode LCDR Jose Vargas Mimi Shiroma Gaye Sakai Mary Garcia Jason Erar

Mahalo to the Aloha Chapter Team for your contributions to this edition of the newsletter! We welcome your comments and feedback. Aloha!

ASMC Aloha Chapter PO Box 29564 Honolulu, HI 96820 All contents copyright Š ASMC Aloha Chapter 2011.

October 2011 Newsletter  
October 2011 Newsletter  

October 2011 Newsletter