Assistant Secretary for Financial Resources

From USApedia

Assistant Secretary for Financial Resources (ASFR) serves as the chief financial officer for the U.S. Department of Health and Human Services (HHS), overseeing all aspects of budget formulation, financial management, grants, and acquisition management to ensure fiscal responsibility and effective resource allocation.

Mission

The mission of the ASFR is to provide strategic financial leadership to HHS, ensuring that all financial activities support the Department's mission to enhance health, promote equity, and improve the well-being of Americans through sound financial management, budget planning, and policy guidance.

Parent organization

ASFR is part of the U.S. Department of Health and Human Services.

Legislation

The role of ASFR is established under the Chief Financial Officers Act of 1990, which mandates the appointment of a Chief Financial Officer within each executive agency to ensure fiscal integrity[1].

Number of employees

The exact number of employees isn't specified publicly, but ASFR includes financial analysts, budget officers, and acquisition specialists.

Organization structure

  • Office of Budget (OB) is responsible for budget formulation and execution.
  • Office of Finance (OF) manages financial systems and internal controls.
  • Office of Grants (OG) oversees grants policy and management.
  • Office of Acquisitions (OA) manages procurement activities.

List of programs

- Budget Development and Execution for HHS. - Financial Reporting and Accountability. - Grants Management and Policy. - Acquisition Management and Policy.

Last total enacted budget

ASFR's specific budget isn't publicly detailed, but it operates within HHS's overall budget, which was approximately $1.7 trillion for FY 2023[2].

Leader

The title of the leader is Assistant Secretary for Financial Resources.

Services provided

ASFR provides services like budget planning, financial analysis, oversight of grants and contracts, financial policy development, and strategic financial advising to ensure that HHS resources are managed responsibly and effectively.

Regulations overseen

ASFR oversees the implementation of financial, budget, grants, and acquisition policies and regulations within HHS. This includes compliance with federal financial management laws, regulations, and policies such as the Federal Acquisition Regulation (FAR) and the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.

Headquarters address

200 Independence Avenue, S.W., Washington, D.C. 20201, USA

Website

https://www.hhs.gov/about/agencies/asfr/index.html

Wikipedia article

There is no specific Wikipedia article for the Assistant Secretary for Financial Resources.