Associate Chief Financial Officer

Job Duties

Lead compliance operations and establish accounting and auditing policies and procedures for RD loan and grant programs as well as ensuring consistency and reliability in the financial information upon which lending decisions are made.

Provides expert financial, accounting and auditing advice to the CFO, each mission area Administrator and the Under Secretary for RD, as well as other senior level staff of the agency on utility, cooperative and other accounting issues.

Directs and coordinates the financial activities relating to the development and maintenance of internal controls related to the operation of a multi-hundred-billion-dollar loan portfolio accounting system.

Develops policies, methods, and procedures for loan and grant acc'ting functions to meet goals and objectives of the CFO effectively and efficiently supporting compliance with OMB Circ A-123 internal control objectives and laws and regs for RD.

Provide the agency with an independent assessment of the overall operations of the loan and grant programs administered by RD.

Provides policy direction to the staff of professional accountants and leads loan and grant fund and accounting reviews, including annual Certified Public Accountant (CPA) audit reports for active borrowers.

Provides expert oversight and monitoring for the entire RD loan portfolio in terms of accounting and audit standards and criteria to help ensure that loans and grants are sound, secure, and supportable.