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Office of the Chief Financial Officer
United States Department of Agriculture

Financial Operations

OCFO Financial Operations includes functions to:

  • Guide and direct financial systems operations;
  • Serve as USDA’s Chief Accountant and provide overall accounting operations oversight;
  • Advise the CFO, other General Officers, and program managers on financial operations issues;
  • Prepare timely and accurate financial reports for the OCFO and client agencies;
  • Ensure the timely preparation of accurate and timely consolidated financial statements and associated processes to include elimination entries, FACTS reporting, governmental entries and certification of USDA external reporting necessary to compile the government-wide financial statements;
  • Review and monitor the fees, royalties, rents and other charges imposed by USDA for services of value it provides, and make recommendations on revising those charges to reflect costs incurred in providing those services and things of value;
  • Provide fiscal and accounting services including those related to centrally funded activities and other activities as may be assigned;
  • Monitor the financial execution of USDA’s budget in relation to actual expenditures and prepare timely performance reports for the Secretary;
  • Develop timely and accurate USDA financial operating reports and consolidated financial statements necessary for annual audit.

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