The 50th Financial Management Support Unit (FMSU) is a vital component of the New Jersey Army National Guard. Let’s explore some details about this unit:
- Mission and Responsibilities:
- The 50th FMSU performs critical financial operations, including:
- Disbursal Operations: Handling financial transactions related to pay, allowances, and other financial matters.
- Commercial Vending Services: Managing financial aspects of vendor services.
- Military Pay: Ensuring accurate and timely payment to military personnel.
- Travel: Facilitating financial processes related to travel expenses.
- Internal Control Functions: Implementing controls to safeguard financial resources.
- Their mission extends to supporting U.S. Armed Forces, U.S. government civilians, Department of Defense contractors, and other personnel11.
- The 50th FMSU performs critical financial operations, including:
- Training and Realistic Exercises:
- The 50th FMSU participates in exercises like Diamond Strike.
- Diamond Strike provides realistic technical training to regular Army, Army Reserve, and Army National Guard finance units.
- During these exercises, Soldiers practice various financial scenarios, enhance their skills, and prepare for potential deployments.
- For example, in August 2020, New Jersey Army National Guard Soldiers from the 50th FMSU conducted training operations at the National Guard Training Center in Sea Girt, N.J., focusing on security and financial management tasks23.