In fiscal 2020, the Department of Commerce had a budget of $12,635 million in outlays and 375,946 total employment. The following offices fall within OCFO/ASA: The Office of the Security, the Office of Human Resources Management, the Office of Civil Rights, the Office of Financial Management, the Office of Facility and Environmental Quality, the Office of Acquisition Management, the Office of Program Evaluation and Risk Management, the Office of Privacy and Open Government and the Office of Budget.
• The CFO/ASA oversees the establishment and execution of departmental policies and procedures for administrative functions affecting program operations in Commerce’s operating units. The CFO/ASA is responsible for ensuring these administrative functions are performed in accordance with all applicable laws and regulations, support the efficient and effective delivery of program outcomes and are delivered at the highest customer service standards. These administrative functions include:
• Developing and maintaining integrated accounting and financial management systems.
• Developing budgets that support all agency missions.
• Managing the financial execution of the agency budget and actual expenditures.
• Overseeing the recruitment, selection and training of personnel to carry out agency financial management functions, as well as managing, training and providing policy guidance and oversight of these personnel and their activities.
• Implementing agency asset management systems, including systems for cash management, credit management, debt collection and property and inventory management and control.
• Providing financial and performance reports to staff, overseers and stakeholders.
• Tying the budget and performance to outcomes.
• Taking the lead role in enterprise risk management.
• Procurement and small business utilization.
• Grants management.
• Travel and transportation.
• Real property and facilities management.
• Directives management.
• Security.