Hi Ian, sorry, do you mean the first working day of the month? i.e. the first if the first does not fall on a weekend, the second if the 1st falls on a Sunday, etc?
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You may be able to do this using periodic calendars. You need to define the periodic calendars - based on your definition of a fiscal month.
Which version of Control-M are you using?
Below is an example:
Period (A,B,C...) refers to each fiscal month - as defined in your periodic calendar - in which you can also restrict to only Working days.
D1 means the first day of the period.