Summary
Overview
Work History
Education
Certification
Timeline
Generic

Bayani Palma

Anchorage

Summary

Experienced financial budget officer with a robust background in leadership and management. Proficient in crafting and executing financial strategies that enhance fiscal operations, financial management, and annual operational maintenance budgets.

Overview

23
23
years of professional experience
1
1
Certification

Work History

Installation Budget Officer

673rd Comptroller Squadron
03.2012 - Current
  • Direct the execution of an annual operational budget of $664 million, dedicated to supporting the missions of the 11th Air Force (AF), 673rd Air Base Wing (ABW), and 3rd Wing
  • Oversee and provide strategic advice on budget projections and execution, ensuring alignment of resource allocation
  • Offer guidance to key leaders and stakeholders, such as Group Commanders, base functional managers, and resource advisors/managers
  • Manage the operations of the Financial Analysis Flight, demonstrating meticulous oversight to ensure seamless alignment of all activities with the organization's financial analysis objectives
  • Advise on management policies, procedures, and mission requirements, taking the lead in developing and refining policies and procedures
  • Lead efforts in refining mission objectives and organizational design adjustments
  • Provide direct oversight training on financial management processes and regulations, ensuring the team is well-equipped and knowledgeable in fulfilling their responsibilities
  • Serve as the Installation Budget Officer and deputy to the Comptroller, undertaking day-to-day financial management tasks, and assuming a leadership role in the Comptroller's absence.

Budget Officer

673d Comptroller Squadron
07.2010 - 03.2012
  • Executed an annual operational budget of $300 million, playing a pivotal role in providing essential support to the diverse missions of 11th Air Force, 673rd ABW, and 3rd Wing
  • Functioned as the acting Budget Officer and supervisor within the installation’s Financial Management Analysis Flight, overseeing a spectrum of budget functions, including formulation, execution, and analysis
  • Provided expert guidance to all levels of command on budgeting and financial management matters, ensuring informed decision-making across the organization
  • Undertook the critical task of budget formulation, preparing detailed analyses of annual and multi-year budget estimates for assigned organizations/programs
  • Consolidated these analyses into a comprehensive budget request
  • Monitored obligation and commitment rates for assigned organizations/programs, offering valuable decision support
  • Managed overall resource allocation for assigned programs within established parameters
  • Led quarterly financial working groups and presented resource status updates to wing leadership, vice commanders, and group commanders during financial management board meetings
  • Analyzed and prepared cost data for the wing's execution plan, quarterly reviews, end-of-year unfunded requirements, closeout activities, and execution submissions to major command
  • Served as a key resource for cost estimates and comparative analysis.

Budget Analyst

673rd Comptroller Squadron
07.2000 - 07.2010
  • Successfully executed a $30 million budget within the 3rd Wing, providing crucial support for air sovereignty, interdiction, combat training, force staging, and throughput operations in support of global contingencies
  • Led the mission program, overseeing the execution of an $11 million operational budget
  • Reviewed and monitored a $129 million civilian pay budget spanning two wings and a numbered Air Force
  • Generated projections to ensure the availability of funding for the 1,400 civilians throughout the fiscal year
  • Served as key resource analyst for the Financial Management Analysis (FMA) specializing in cost estimates, funding annexes, and comparative analyses.

Education

Bachelor Of Science in Accounting -

Park University

Associate in Financial Management -

Community College Air Force

Certification

  • Leader Development Course (LDC) for Squadron Command, Class 23C, January 2023
  • Fiscal Law (Feb 2022)
  • Intermediate Decision Support (Nov 2021)
  • Structuring Decisions Under Uncertainty (Nov 2021)
  • Internal Control and Financial Management (Nov 2021)
  • Certified Department of Defense (DoD) Financial Management Level II position per the National Defense Authorization Act (NDAA) 2012, Section 1299d.

Timeline

Installation Budget Officer

673rd Comptroller Squadron
03.2012 - Current

Budget Officer

673d Comptroller Squadron
07.2010 - 03.2012

Budget Analyst

673rd Comptroller Squadron
07.2000 - 07.2010

Bachelor Of Science in Accounting -

Park University

Associate in Financial Management -

Community College Air Force
  • Leader Development Course (LDC) for Squadron Command, Class 23C, January 2023
  • Fiscal Law (Feb 2022)
  • Intermediate Decision Support (Nov 2021)
  • Structuring Decisions Under Uncertainty (Nov 2021)
  • Internal Control and Financial Management (Nov 2021)
  • Certified Department of Defense (DoD) Financial Management Level II position per the National Defense Authorization Act (NDAA) 2012, Section 1299d.

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Bayani Palma