The Office of the Chief Financial Officer (OCFO) provides leadership in instituting financial integrity, fiscal responsibility, and accountability. The mission of the OCFO is to lead the Department’s Headquarters and Field office officials towards the understanding and practice of sound financial management in program development and operations, and in the stewardship of public resources.
The CFO reports directly to and advises the Secretary of the Department on all aspects of financial management, accounting, and budgetary matters; ensures the Department establishes and meets financial management goals and objectives; ensures that the Department is in compliance with financial management legislation and directives; analyzes budgetary implications of policy and legislative proposals; and provides technical oversight with respect to all budget activities throughout the Department.
CFO staff functions include: accounting, budget, and financial management for HUD's budget and appropriation. In addition, CFO financial systems process millions of transactions annually to support HUD projects and meet the needs of the housing community.