7 CFR 2.28 - Chief Financial Officer.

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§ 2.28 Chief Financial Officer.
(a) The Chief Financial Officer, under the supervision of the Secretary, is responsible for executing the duties enumerated for agency Chief Financial Officers in the Chief Financial Officers Act of 1990, Public Law No. 101-576, 31 U.S.C. 902, including:
(1) Reporting directly to the Secretary of Agriculture regarding financial management matters and the financial execution of the budget.
(2) Overseeing all financial management activities relating to the programs and operations of the Department and component agencies.
(3) Developing and maintaining an integrated accounting and financial system for the Department and component agencies, including financial reporting and internal controls, which—
(i) Complies with applicable accounting principles, standards, and requirements, and internal control standards;
(ii) Complies with such policies and requirements as may be prescribed by the Director of the Office of Management and Budget;
(iii) Complies with any other requirements applicable to such systems; and
(iv) Provides for complete, reliable, consistent, and timely information which is prepared on a uniform basis and which is responsive to the financial information needs of Department management and for the development and reporting of cost information, the integration of accounting and budgeting information, and the systematic measurement of performance.
(4) Making recommendations to the Secretary regarding the selection of the Deputy Chief Financial Officer of the Department, and selection of principal financial officers of component agencies of the Department.
(5) Directing, managing, and providing policy guidance and oversight of Department financial management personnel, activities, and operations, including:
(i) Preparing and annually revising a Departmental plan to:
(A) Implement the 5-year financial management plan prepared by the Director of the Office of Management and Budget under 31 U.S.C. 3512(a)(3); and
(B) Comply with the requirements established for agency financial statements under 31 U.S.C. 3515 and with the requirements for audits of Department financial statements established in 31 U.S.C. 3521 (e) and (f).
(ii) Developing Departmental financial management budgets, including the oversight and recommendation of approval of component agency financial management budgets;
(iii) Recruiting, selecting, and training of personnel to carry out Departmental financial management functions;
(iv) Approving and managing Departmental, and approving component agency, financial management systems design or enhancement projects; and
(v) Implementing and approving Departmental, and approving component agency, asset management systems, including systems for cash management, credit management, debt collection, and property and inventory management and control.
(6) Preparing and transmitting, by not later than 60 days after the submission of the audit report required by 31 U.S.C. 3521(f), an annual report to the Secretary and the Director of the Office of Management and Budget, which shall include:
(i) A description and analysis of the status of financial management of the Department;
(ii) The annual financial statements prepared under 31 U.S.C. 3521;
(iii) The audit report transmitted to the Secretary under 31 U.S.C. 3521;
(iv) A summary of the reports on internal accounting and administrative control systems submitted to the President and the Congress under the amendments made by the Federal Managers' Financial Integrity Act of 1982 (31 U.S.C. 1113, 3512); and
(v) Other information the Secretary considers appropriate to inform fully the President and the Congress concerning the financial management of the Department.
(7) Monitoring the financial execution of the budget of the Department in relation to projected and actual expenditures, and preparing and submitting to the Secretary timely performance reports.
(8) Reviewing, on a biennial basis, the fees, royalties, rent, and other charges imposed by the Department for services and things of value it produces, and making recommendations on revising those charges to reflect costs incurred by the Department in providing those services and things of value.
(9) Accessing all records, reports, audits, reviews, documents, papers, recommendations, or other material that are the property of the Department or that are available to the Department, and that relate to programs and operations with respect to which the Chief Financial Officer has responsibilities, except that this grant allows no access greater than that permitted under any other law to records, reports, audits, reviews, documents, papers, recommendations, or other material of the Office of Inspector General.
(10) Requesting such information or assistance as may be necessary for carrying out the duties and responsibilities granted the Chief Financial Officer by the Chief Financial Officers Act of 1990 (Pub. L. No. 101-576), from any Federal, State, or local governmental entity.
(11) To the extent and in such amounts as may be provided in advance by appropriations acts, entering into contracts and other arrangements with public agencies and with private persons for the preparation of financial statements, studies, analyses, and other services, and making such payments as may be necessary to carry out the duties and prerogatives of the Chief Financial Officer.
(b) In addition to the above responsibilities, the following delegations of authority are made by the Secretary of Agriculture to the Chief Financial Officer:
(1) Designate the Department's Director of Finance and Comptroller of the Department Working Capital Fund.
(2) Establish Departmental policies, standards, techniques, and procedures applicable to all USDA agencies for the following areas:
(i) Development, maintenance, review and approval of all departmental, and review and approval of component agency, internal control, fiscal, financial management and accounting systems including the financial aspects of payroll and property systems;
(ii) Selection, standardization, and simplification of program delivery processes utilizing grants, cooperative agreements and other forms of Federal assistance;
(iii) Review and approval of Federal assistance, internal control, fiscal, accounting and financial management regulations and instructions proposed or issued by USDA agencies for conformity with Departmental requirements; and
(iv) Section 5301 of the Anti-Drug Abuse Act of 1988 (21 U.S.C. 853a) as it relates to grants, loans, and licenses.
(3) Establish policies related to the Department Working Capital Fund.
(4) Approve regulations, procedures and rates for goods and services financed through the Department Working Capital Fund which will impact the financial administration of the Fund.
(5) Exercise responsibility and authority for operating USDA's Central Accounting System and related administrative systems including:
(i) Management of the National Finance Center (NFC), which includes developing, maintaining, and operating manual and automated administrative and accounting systems for the USDA agencies related to the Central Accounting System, Departmentwide payroll and personnel information, statistics, administrative payments, billings and collections, and related reporting systems that are either requested by the agencies or required by the Department;
(ii) Management of the NFC automated data processing and telecommunications systems and coordination with the Office of the Chief Information Officer to assure that the hardware and software located at the NFC will be integrated with and compatible with all other systems;
(iii) Develop new or modified accounting systems and documentation supporting the Central Accounting System which includes working with USDA agencies to obtain General Accounting Office approval; and
(iv) Review and approve the issuance of accounting and management instructions related to the operation of the NFC.
(6) Provide management support services for the NFC, and by agreement with agency heads concerned, provide such services for other USDA tenants housed in the same facility. As used herein, such management support services shall include:
(i) Personnel services, as listed in § 2.24(a)(5)(x), and organizational support services, with authority to take actions required by law or regulation to perform such services; and
(ii) Procurement, property management, space management, communications, messenger, paperwork management, and related administrative services, with authority to take actions required by law or regulation to perform such services.
(7) Exercise responsibility and authority for all matters related to the Department's accounting and financial operations including such activities as:
(i) Financial administration, including accounting and related activities;
(ii) Reviewing financial aspects of agency operations and proposals;
(iii) Furnishing consulting services to agencies to assist them in developing and maintaining accounting and financial management systems and internal controls, and for other purposes consistent with delegations in paragraph (b)(2) of this section;
(iv) Reviewing and monitoring agency implementation of Federal assistance policies;
(v) Reviewing and approving agencies' accounting systems documentation including related development plans, activities, and controls;
(vi) Monitoring agencies' progress in developing and revising accounting and financial management systems and internal controls;
(vii) Evaluating agencies' financial systems to determine the effectiveness of procedures employed, compliance with regulations, and the appropriateness of policies and practices;
(viii) Promulgation of Department schedule of fees and charges for reproductions, furnishing of copies and making searches for official records pursuant to the Freedom of Information Act, 5 U.S.C. 552; and
(ix) Monitoring USDA implementation of section 5301 of the Anti-Drug Abuse Act of 1988 (21 U.S.C. 853a) as it relates to grants, loans, and licenses.
(8) Establish Department and approve component agency programs, policies, standards, systems, techniques and procedures to improve the management and operational efficiency and effectiveness of the USDA including:
(i) Implementation of the policies and procedures set forth in OMB Circulars No. A-76: Performance of Commercial Activities, and No. A-117: Management Improvement and the Use of Evaluation in the Executive Branch;
(ii) Increased use of operations research and management science in the areas of productivity and management; and
(iii) All activities financed through the Department Working Capital Fund.
(9) Designate the Commercial Industrial Officer for USDA.
(10) Develop Departmental policies, standards, techniques, and procedures for the conduct of reviews and analysis of the utilization of the resources of State and local governments, other Federal agencies and of the private sector in domestic program operations.
(11) Represent the Department in contacts with the Office of Management and Budget, General Services Administration, General Accounting Office, Department of the Treasury, Office of Personnel Management, Department of Health and Human Services, Department of Labor, Environmental Protection Agency, Department of Commerce, Congress of the United States, State and local governments, universities, and other public and private sector individuals, organizations or agencies on matters related to assigned responsibilities.
(12) Maintain the Departmental inventory of commercial activities required by OMB Circular No. A-76 and provide Departmentwide technical assistance to accomplish Circular objectives.
(13) Establish policies related to travel by USDA employees.
(14) Exercise responsibility for coordinating and overseeing the implementation of the Government Performance and Results Act of 1993, Pub. L. No. 103-62, at the Department.
(15) Exercise responsibility for design, implementation, and oversight of the Department's project known as Financial Information Systems Vision, and approval of the design and implementation of an integrated financial information and management system for the Department and all component agencies.
(16) Provide budget, accounting, fiscal and related financial management services, with authority to take action required by law or regulation to provide such services for Working Capital Funds and general appropriated and trust funds for:
(i) The Secretary of Agriculture;
(ii) The general officers of the Department, except the Inspector General;
(iii) The offices and agencies reporting to the Assistant Secretary for Administration; and
(iv) Any other officers and agencies of the Department as may be agreed.
(17) Develop, promulgate, and coordinate Department-wide policy concerning nonprocurement debarment and suspension, as contained in 7 CFR part 3017.
(18) Administer the debarment authorities in section 14211 of the Food, Conservation, and Energy Act of 2008 (7 U.S.C. 2209j), in coordination with the Assistant Secretary for Administration.
(19) Prepare and submit to Congress reports on conferences sponsored or held by the Department or attended by employees of the Department (7 U.S.C. 2255b).
[60 FR 56393, Nov. 8, 1995, as amended at 63 FR 11101, Mar. 6, 1998; 65 FR 77761, Dec. 13, 2000; 74 FR 3405, Jan. 21, 2009]

Title 7 published on 2014-01-01

The following are only the Rules published in the Federal Register after the published date of Title 7.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-11-18; vol. 79 # 222 - Tuesday, November 18, 2014
    1. 79 FR 68589 - CCC Export Credit Guarantee (GSM-102) Program and Facility Guarantee Program (FGP)
      GPO FDSys XML | Text
      DEPARTMENT OF AGRICULTURE, Commodity Credit Corporation
      Final rule.
      Effective Date: This final rule is effective December 18, 2014. Applicability Date: The provisions of this final rule will be applied by CCC as follows: (1) For any payment guarantee associated with an application for payment guarantee received by CCC on or after December 18, 2014, the provisions of this final rule shall immediately apply in their entirety. (2) For any payment guarantee associated with an application for payment guarantee received by CCC prior to December 18, 2014, the provisions of the previous rule governing the Export Credit Guarantee (GSM-102) Program shall apply. (3) Notwithstanding (2) above, the provisions of §§ 1493.30, 1493.40, 1493.50, 1493.60, and 1493.192 shall apply to all program participants as of December 18, 2014.
      7 CFR Part 1493

Title 7 published on 2014-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to Title 7 after this date.

  • 2014-11-18; vol. 79 # 222 - Tuesday, November 18, 2014
    1. 79 FR 68589 - CCC Export Credit Guarantee (GSM-102) Program and Facility Guarantee Program (FGP)
      GPO FDSys XML | Text
      DEPARTMENT OF AGRICULTURE, Commodity Credit Corporation
      Final rule.
      Effective Date: This final rule is effective December 18, 2014. Applicability Date: The provisions of this final rule will be applied by CCC as follows: (1) For any payment guarantee associated with an application for payment guarantee received by CCC on or after December 18, 2014, the provisions of this final rule shall immediately apply in their entirety. (2) For any payment guarantee associated with an application for payment guarantee received by CCC prior to December 18, 2014, the provisions of the previous rule governing the Export Credit Guarantee (GSM-102) Program shall apply. (3) Notwithstanding (2) above, the provisions of §§ 1493.30, 1493.40, 1493.50, 1493.60, and 1493.192 shall apply to all program participants as of December 18, 2014.
      7 CFR Part 1493