Deputy Chief Financial Officer

Treasury, Departmental Offices•Washington, DC

About The Position

The Deputy Chief Financial Officer (DCFO) serves within the Office of the Assistant Secretary for Management (ASM), reports directly to the ASM, and provides executive leadership and direction for Treasury-wide financial management. The role covers financial policy, accounting, internal controls, financial reporting, credit modeling, and long-range planning, and supports implementation of statutory financial management requirements across the Department. The DCFO also serves as a senior advisor to the ASM and Chief Financial Officer (CFO) on significant financial management, policy, internal control, reporting, and operational matters. The DCFO leads financial management programs and staff, including employees at levels up through the Senior Executive Service, and directs Department-wide policy and operations in areas such as accounting, cash and credit management, debt management, financial systems, audit coordination, and corrective actions. The position oversees reporting and internal-control programs, supports budget and performance integration, and helps ensure bureau systems and programs comply with federal requirements and Treasury directives. The role develops policy options and provides authoritative advice to senior leadership, reviews bureau plans and policies, and represents the ASM on high-level departmental and interdepartmental committees. It also involves communicating with senior Treasury and government officials, Congress, oversight organizations, professional groups, private industry, educational institutions, and other stakeholders on complex financial management matters. This is a Senior Executive Service position. A one-year SES probationary period is required if not previously completed. Applicants must meet the accounting-series basic education requirements and demonstrate the specified Technical Qualifications and Executive Core Qualifications in a resume of no more than two pages. Preferred qualifications include substantial senior-level federal financial management experience and relevant professional certification or advanced academic preparation; these are not required for eligibility or appointment.

Requirements

  • U.S. citizenship.
  • Meet the basic education requirements for the Accounting Series (0510), as prescribed by OPM.
  • Complete a one-year SES probationary period if not previously completed.
  • Successfully complete personnel security vetting.
  • Complete a Declaration for Federal Employment when requested by the agency.
  • Have salary paid by direct deposit or electronic funds transfer.
  • If a male applicant born after December 31, 1959, certify Selective Service registration or exemption.
  • Complete the Personal Identity Verification process, including two forms of identification from Form I-9.
  • File a Public Financial Disclosure Report within 30 days of appointment and annually thereafter.
  • Meet all qualification requirements by the announcement closing date.
  • Submit a resume of no more than two pages demonstrating the Executive Core Qualifications and Technical Qualifications.
  • Demonstrate experience leading and managing complex financial management operations, processes, and systems, including federal accounting, financial reporting, internal control, and budget execution principles.
  • Demonstrate experience directing large-scale, enterprise-wide financial management programs, including setting priorities, overseeing multidisciplinary functions, managing organizational resources, evaluating performance, and achieving measurable results across complex operations.
  • Demonstrate experience developing and implementing financial management policies, standards, and strategic initiatives; advising senior leaders on complex financial management matters; and representing an organization with senior government officials, oversight organizations, or external stakeholders.
  • For new SES career appointees, demonstrate the five Executive Core Qualifications: commitment to the rule of law and the principles of the American founding; driving efficiency; merit and competence; leading people; and achieving results.

Nice To Haves

  • Substantial senior-level experience in federal financial management, accounting, financial reporting, internal controls, budget execution, financial management systems, or related areas.
  • Professional certification such as Certified Public Accountant (CPA), Certified Government Financial Manager (CGFM), or a comparable financial management credential.
  • Advanced academic preparation in accounting, finance, business administration, public administration, or a related field.

Responsibilities

  • Provide executive leadership and direction for Treasury-wide financial management programs and advise the ASM and CFO on significant financial management, policy, internal control, reporting, and operational matters.
  • Directly or indirectly supervise financial management staff, including employees at levels up through the Senior Executive Service.
  • Implement the Chief Financial Officers Act of 1990 and the Government Management Reform Act of 1994.
  • Guide Department-wide financial management, accounting policy, internal control, cash management, credit management, and debt management.
  • Coordinate General Accounting Office activities related to financial management and corrective actions related to audit recommendations.
  • Ensure development of financial report and statement formats, content, and frequency, including financial performance measurement indicators prepared by bureau financial components.
  • Review and recommend to the ASM the development, implementation, and maintenance of Treasury's integrated financial management systems strategy.
  • Ensure bureaus' financial management systems comply with federal laws and regulations and Treasury directives, and maintain DCFO financial management systems to meet Department-wide reporting requirements.
  • Partner with and assist the Deputy Assistant Secretary for Management and Budget in managing budget and performance integration.
  • Oversee the Department's Financial Manager's Financial Integrity Act and Prompt Payment Act programs.
  • Monitor internal control procedures to support compliance with General Accounting Office and Treasury standards.
  • Formulate and prescribe standards, methods, and practices for assigned areas; identify deficiencies in policies and regulations; and advise the ASM on needed financial management policies and programs.
  • Develop thorough, accurate, and authoritative policy options and recommendations on significant issues for presentation to the ASM.
  • Participate in program planning and systems design for financial services management across Treasury bureaus and offices.
  • Analyze bureau policies and plans and assist in developing and implementing bureau financial management programs and policies.
  • Consult with subordinate staff directors and provide authoritative advice, direction, and policy guidance to align their work with Department and regulatory requirements.
  • Conduct systematic reviews, guide program and financial managers, and inform the ASM about compliance with current requirements and policies.
  • Brief the ASM and CFO on potential problem situations and advise on resolutions.
  • Communicate with senior Treasury officials, other senior government officials, Congress, professional groups, organizations, employees, private industry, educational institutions, trade associations, and other interest groups on financial management matters.
  • Represent the ASM on high-level departmental and interdepartmental committees addressing coordination and critical precedent-setting financial services management issues; conduct in-depth studies as needed.

Benefits

  • Comprehensive federal employee benefits package for employees and their families; specific benefits depend on position type and eligibility.
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