The United States Army Financial Management School is in Fort Jackson, South Carolina.

Its mission is to provide the United States Army with military and civilian leaders trained in financial management, and develop complementary concepts, doctrine, and organization for financial management in support of American armed forces.

The Second Continental Congress appointed a Paymaster General of the Army on 16 June 1775, thereby creating a Pay Department consisting of finance soldiers that disbursed pay throughout the Continental Army.

In 1920 the U.S. Army Finance Corps became a separate army branch and at this point it became responsible for more than monthly pay as it took on all auditing and budgeting for the entire War Department.

The authority of the Assistant Secretary for such direction and management shall include the authority to— (1) supervise and direct the preparation of budget estimates of the Department of the Army and otherwise carry out, with respect to the Department of the Army, the functions specified for the Under Secretary of Defense (Comptroller) in section 135 (c) of this title; (2) approve and supervise any project to design or enhance a financial management system for the Department of the Army; and (3) approve the establishment and supervise the operation of any asset management system of the Department of the Army, including— (A) systems for cash management, credit management, and debt collection; and (B) systems for the accounting for the quantity, location, and cost of property and inventory.