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Showing posts with label Fiscal Service. Show all posts
Showing posts with label Fiscal Service. Show all posts

Monday, July 21, 2014

Treasury Dept IT System Flagged for Security Issues

Serious tech troubles at the Treasury Department are so severe that they could disrupt accounting practices within a system that manages about $16.7 billion of federal debt.

The Government Accountability Office flagged at least 20 problems within the Bureau of the Fiscal Service’s tech system—all of which involve security management issues. Of the deficiencies GAO identified, 14 are brand new and six are problems that were detected in 2012 and were never corrected.
The auditors said the issues constitute a "significant deficiency" for financial reporting purposes. 

The weaknesses "increase the risk of unauthorized access, modification or disclosure of sensitive data and programs, which could result in the disruption of critical operations," Gary Engel, GAO director for financial management and assurance, wrote in an audit last week, NextGov first reported.
The Fiscal Service commissioner addressed the auditor’s findings and said the agency is currently taking actions to resolve the issues.
-Brianna Ehley, TheFiscalTimes.com
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Friday, May 30, 2014

Treasury's Gregg to retire after 41 years in federal financial management

A long-time stalwart in the federal financial community decided to call it a career after 41 years in government.

The Treasury Department announced May 27 that Fiscal Assistant Secretary Richard Gregg is retiring at the end of June. Treasury said Dave Lebryk, currently the commissioner of the Bureau of the Fiscal Service, will take over for Gregg, and Sheryl Morrow, currently deputy assistant secretary for Fiscal Operations and Policy at Treasury, will succeed Lebryk as commissioner. The changes will be official as of June 30.

During his career, Gregg worked under 16 different Treasury secretaries and served for 10 years as the commissioner of the Bureau of the Public Debt.

Most recently, Gregg oversaw efforts to move Treasury into the electronic world. He led initiative for Treasury to stop issuing paper checks in 2013.

Gregg also was a big proponent of shared services for financial management. He played a key role in reinvigorating the program, which recently named new federal providers.

Over the course of the last few years, Lebryk has worked closely with Gregg on many priorities.
Lebryk has been with Treasury for more than 25 years, serving in several senior leadership positions, including the deputy assistant secretary for Fiscal Operations and Policy, and deputy director and acting Director of the Mint.

Morrow, who has more than 34 years with Treasury, will continue to unify the government's fiscal and debt operations under one central vision and leadership under the recently merged Fiscal Service. During her career, she held numerous positions assistant commissioner for payment management and chief disbursing officer at the Financial Management Service.

- Jason Miller, FederalNewsRadio.com
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Monday, March 10, 2014

Lessons from 25 years at the Treasury Department

David A. Lebryk has held numerous positions at the Department of the Treasury since 1989. In 2012, he was named the first commissioner of the Bureau of the Fiscal Service when the Financial Management Service and the Bureau of the Public Debt were consolidated. Lebryk spoke about his experiences at the Treasury with Tom Fox, a guest writer for On Leadership and vice president for leadership and innovation at the nonprofit Partnership for Public Service. Fox also heads up their Center for Government Leadership.

- Tom Fox, WashingtonPost.com
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Friday, January 04, 2013

Treasury jobs relocation on hold


The Treasury Department won’t start relocating hundreds of federal employees from Maryland to West Virginia until the end of 2019, according to news releases.
Treasury has put plans on hold to move 450 Financial Management Service employees based in Hyattsville, Md., to Parkersburg, W.Va., giving workers a six-year reprieve. Treasury sought to move the jobs in late 2013 as part of an effort to consolidate the department’s Financial Management Service and the Bureau of Public Debt into the Fiscal Service. Employees initially had until January 2015 to relocate or separate from the government.
The department this week announced the relocation won’t begin until Dec. 31, 2019. Affected jobs include those in accounting, information technology and some management and related support positions.
Maryland’s congressional delegation and the National Treasury Employees Union fought the plan to move employees to another state and negotiated for the delay. 


-Kellie Lunney, GovExec.com
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