Stewards of the iconic buildings and grounds of Capitol Hill since 1793.

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Office of Chief Financial Officer

Image of the U.S. Capitol Dome against a blue sky

The Office of the Chief Financial Officer (CFO) is responsible for ensuring sound financial stewardship as well as providing value-added analyses that provide insight into the financial implications of program decisions. CFO activities include accounting operations and reporting, managerial cost accounting, budget formulation and execution, financial systems and management, and internal controls.

The CFO oversees the operations of three divisions (Accounting, Budget, and Financial Systems) and an Internal Controls Manager. The office is led by Chief Financial Officer Tom Carroll.

Accounting Office
The Accounting Office focuses on the AOC's financial matters by providing direction, planning, and oversight for financial policy and procedures, financial reporting, the management control program, accounting policy and systems, and audit follow-up. It is made up of the following branches:

  • Accounting Operations
  • Accounting Analysis / Reconciliation
  • Cost Accounting / Reporting

 
Budget Office
The Budget Office is responsible for:

  • Formulating, publishing and executing the AOC Budget
  • Monitoring and reporting Congressional action on appropriations bills
  • Preparation of recurring and ad hoc analytical reports
  • Analysis of budgetary issues

 
Financial Systems Office
The Financial Systems Office performs implementations of new financial systems and maintains the systems after implementation, including:

  • Maintenance of the Financial Management System (FMS)
  • Maintenance of the Inventory Control System (ICS) and its interface with FMS
  • Maintenance of the Internet Payment Platform (IPP) Interface
  • User support, documentation, and training
  • Development and maintenance of FMS and ICS reports