The Navy has an annual budget in excess of $170 billion and nearly 900,000 sailors, marines and civilians. The department consists of two uniformed services: the United States Navy and the United States Marine Corps. The assistant secretary for financial management and comptroller has four deputies.2
• Directs and manages the department’s financial activities
• Provides informed recommendations to the department’s senior leadership regarding all financial matters, including the efficient and effective allocation of resources, consistent with the national security priorities of the president and the secretary of defense
• Promotes the development of a superior, world-class financial management work force
• Directs formulation, justification and execution of the department’s budget as assigned by law, instruction and regulations
• Establishes and maintains the department’s financial policies, procedures and guidance
• Maintains and modernizes the department’s financial management systems
• Oversees and manages the department’s financial statement audit
• Manages financial operations, financial management transformation and financial management improvement plans
• Prepares independent cost estimates for major acquisition programs
• Oversees the Planning, Programming, Budgeting and Execution system
• Establishes and maintains cost policy and guidance
• Handles recruiting, training and education needs of the civilian and military financial management workforce3