In fiscal 2015, the Department of Labor had $45,217 million in outlays and 15,086 total employment. In fiscal 2015, the Office of the Chief Financial Officer’s budget was $5.06 million, and the 2017 budget request called for 17 full-time equivalents.
• Develops and manages tools and processes to provide critical financial and operational information to the Secretary, Deputy Secretary and department officials
• Assess organizational performance against both the annual budget and department’s long-term strategy
• Communicates regularly on performance with the secretary, deputy secretary and department officials, making actionable recommendations on both strategy and operations
• Participates regularly in assessment and development of department’s annual budget
• Supports long-term budgetary planning and cost management, in alignment with department’s strategic plan
• Develops and maintains integrated accounting and financial management systems
• Oversees the recruitment, selection and training of personnel to carry out agency financial management functions, and 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