In October we shared 5 Key Competencies for Aspiring Federal Grants Management Pros based on the U.S. Chief Financial Officers (CFO) Council’s Financial Assistance Management Career Roadmap. Today, we are continuing with 4 more important elements to your career progression.
For all grant pros, these competencies represent important concepts and responsibilities to know and practice along your career path.
1. Financial Assistance Management
- Knowledge of statutes, regulations, policies, and procedures of financial assistance programs
- Develops internal control risk assessments and business line reviews to ensure grants management program performs efficiently and effectively
2. Organizational Awareness
- Knows the agency’s and organization’s mission and functions, including the strategic plan, structure, technological systems, and leadership
- Understands external economic, political, and social trends that affect the organization
3. Planning and Evaluation
- Aligns planning activities to support objectives and/or performance goals of the agency and program mission
- Monitors progress and evaluates outcomes to inform decisions and accomplish goals
4. Relationship Management
- Builds relationships that promote effective implementation of financial assistance activities
- Works with stakeholders to assess their needs, to provide information or technical assistance, and to address their issues
The above competencies and their descriptions have been adapted from page 8 of the CFO Council’s report on the Financial Assistance Management Career Roadmap. Review the CFO Council’s report for more detailed information.
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