In fiscal 2020,2 DHS had an enacted budget of $51.2 billion and 188,222 full-time equivalent employees. The Office of the CFO of the Department of Homeland Security directly manages $90.8 million and 255 full-time equivalents according to the budget request for fiscal 2021. However, the CFO oversees the financial management of the entirety of DHS.
The Office of the CFO is comprised of:
• Budget Division.
• Program Analysis and Evaluation Division.
• Office of Financial Operations.
• Financial Management and Policy Division.
• Internal Control Management Division.
• Resource Management Transformation Office (Financial Systems Division).
• Financial Assistance Policy & Oversight.
• Departmental GAO/OIG Audit Liaison Office.
• Workforce Development Division.
• Develops and maintains integrated accounting and financial management systems.
• Oversees the recruitment, selection and training of personnel to carry out agency financial management functions, as well as manages, trains and provides policy guidance and oversight of these personnel and their activities.
• Implements agency asset management systems, including systems for cash management, credit management, debt collection and property and inventory management and control.
• Manages the financial execution of the agency budget and actual expenditures.
• Provides financial and performance reports to staff, overseers and stakeholders.
• Ties the budget and performance to outcomes.
• Takes the lead role in enterprise risk management.