Financial Policy and Planning
OCFO Financial Policy and Planning includes functions to:
- Lead, direct, oversee, and administer financial management activities across the USDA;
- Serve as the Controller of the Departmental Working Capital Fund (WCF);
- Monitor Department-wide audit findings and resolutions;
- Administer debt-collection processes and policies;
- Coordinate the Department's strategic planning process;
- Develop USDA's consolidated Strategic Plan;
- Coordinate the Department's Annual Performance Plan process;
- Develop the USDA Annual Performance Plan;
- Establish the system of internal controls;
- Streamline and enhance reporting and monitor processes to ensure accountability;
- Implement credit reform and credit management initiatives;
- Coordinate and develop policies, standards, and programs, and other instructions for cost accounting;
- Establish travel, cash management, and other applicable fiscal and financial management policies
- Develop a financial management reporting strategy for USDA;
- Provide budget formulation and execution leadership for designated offices;
- Oversee the OCFO's headquarters administrative operation.