Office of Federal Financial Management

Office of Federal Financial Management

The Office of Federal Financial Management (OFFM) is a sub-division the United States Office of Management and Budget.

OFFM responsibilities include implementing the financial management improvement priorities of the President, establishing government-wide financial management policies of executive agencies, and carrying out the financial management functions of the CFO Act of 1990.

The Office was created by the Chief Financial Officers Act of 1990 (CFO Act), signed into law by President George H.W. Bush in 1990.

The OFFM's chief officer is the Controller. The Controller of the OFFM is appointed by the President of the United States with the advice and consent of the U.S. Senate.

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