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Controller of OFFM

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What does the Controller in the Office of Federal Financial Management do?

The Controller provides leadership in government-wide efforts to improve Federal financial management by coordinating policy and standards development throughout the Executive Branch, working with the Treasury and other agencies. As with other OMB roles, the Controller must work through a combination of leading and coordinating: providing guidance; cooperating with agencies, both informally and through interagency councils; developing standards when appropriate; and exercising review and oversight. He or she must also work cooperatively with the Congress and the GAO.

The Controller should work by leveraging OMB’s resources throughout the Federal government. The Controller should work to improve financial and other management by serving as a coach, supporter, and a sounding board for the Federal financial community, the Inspectors General, and the grant-making agencies. Nonetheless, individual agencies ultimately are responsible to perform the work.

The Controller participates, influences and sometimes chairs the statutory councils: the CFO Council, Chief Information Officers Council President’s Council on Integrity and Efficiency (PCIE), and the Executive Council on Integrity and Efficiency (ECIE) to enhance and ensure the professionalism, effectiveness, and efficiency of the government’s financial management and audit responsibilities. The Controller also coordinates the Federal Credit Policy Working Group, which coordinates cash and credit management and debt collection initiatives; and supports government-wide electronic commerce initiatives.

In addition to the CFO Act, I understand that the Controller is also responsible for ensuring the effective implementation of several other government-wide financial management statutes, including the Federal Managers' Financial Integrity Act (FMFIA), the Government Management Reform Act (GMRA), the Single Audit Act Amendments of 1996, the Federal Financial Management Improvement Act (FFMIA), and the Inspector General (IG) Act. In fulfilling these statutory responsibilities, the Controller issues policies and guidance relating to Federal agency financial management and the administration of Federal grant programs administered by States, local governments, colleges and universities, and non-profit organizations.

How will you, as Controller of OFFM, address current Federal financial management challenges?

The Controller should exercise a combination of leadership, coordination, guidance and oversight. Improving financial management is critical to maintaining public confidence in the integrity and competence of the Federal government. Beginning with the CFO Act, both Congress and the Executive have recognized the importance of developing reporting and auditing standards, improving systems and providing clear reports to the public.

 

 

 

 

 


 

 

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