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Update on FMLoB. Owen Barwell, DCFO US Department of Energy May 2009. What FMLoB is today. Provide timely and accurate data for decision making Implement internal controls for greater integrity Reduce costs through shared service solutions

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update on fmlob

Update on FMLoB

Owen Barwell, DCFOUS Department of Energy

May 2009

what fmlob is today
What FMLoB is today
  • Provide timely and accurate data for decision making
  • Implement internal controls for greater integrity
  • Reduce costs through shared service solutions
  • Standardize systems, business processes, and data elements
  • Define a common language and structure for financial information
we are not without our problems
We are not without our problems..
  • Governance and cohesion of stakeholders
  • Complete vision and picture over the long run
  • Finishing what has been started
  • Standing up a program office
  • (Realistic) innovation
but progress has been made 1
…but progress has been made (1)


Develop a standard set of business processes for core financial management functions


  • Funds Management – published July 2008
  • Payables Management – published July 2008
  • Receivables Management – published December 2008
  • Reimbursables
    • Exposure draft published March 2009
    • Comments due May 1, 2009
  • Reporting
    • Currently resolving exposure draft comments
    • Final document to be published July 2009
but progress has been made 2
…but progress has been made (2)

GoalDevelop a common accounting classification structure

  • Common Government-wide Accounting Classification (CGAC) Structure
      • Document published in August 2007
      • Agencies sharing their implementation plans with OMB and each other
there s a new sheriff in town

Cloud computing

Web 2.0

Interaction and collaboration with the public

Rapid solution deployment

Reduce cost

There’s a new sheriff in town!
our changing footprint




Financial Reporting

Fiscal Controls

Financial Reporting

Transaction Processing

Transaction Processing

A-76 MEO

Our changing footprint
hypothesis is reality

More stuff happens



Today’s workload

~ 850

Today’s FTEs


Available after retirement

5 yrs


Hypothesis is reality
the arra as game changer


Energy efficiency andrenewable energy $16.8

Environmentalmanagement $6.0

Smart Grid &related programs $4.5

Fossil energy R&D $3.4

Science $1.6

ARPA-E $0.4

Loan guarantees $6.0

TOTAL for Energy $38.7

The ARRA as game changer
  • Strategy
  • Financial reporting
  • Cost accounting
  • People

* Share prices can go down as well as up

more information
More information?

FSIO and FMLoB documents on the website,


Owen Barwell, Chair, Financial Systems Transformation Team, DCFO at DOE

202-486-4171 owen.barwell@hq.doe.gov