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JOINT FINANCIAL MANAGEMENT

By Lucille Adams,2014-05-16 21:10
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JOINT FINANCIAL MANAGEMENT

     1990 K Street NW, Suite 430, Washington, DC 20006-1165

     NEWS RELEASE

    Contact: Doris A. Chew, (202) 219-0528

     email doris.chew@gsa.gov

     LABOR CFO RECEIVES TOP HONORS Samuel T. Mok, Chief Financial Officer (CFO), U.S. Department of Labor, received top honors for financial management leadership from the Joint Financial Management Improvement Program (JFMIP). He was one of this year’s Donald L. Scantlebury Memorial Award recipients that the March 10 Federal Financial Management Conference, sponsored by the JFMIP Principals

    and the U.S. Chief Financial Officers Council, in Washington, DC. The Donald L. Scantlebury

    Memorial Award recognizes distinguished leadership in financial management improvements in

    the public sector. Two of the JFMIP Principals, Office of Personnel Management (OPM) Director Linda M. Springer and Comptroller General David M. Walker, made the presentation to Mr. Mok for outstanding and distinguished leadership in improving financial management.

    As the Labor Department CFO, Mr. Mok has improved accountability and internal control and implemented improved financial management tools including a managerial cost accounting system. Labor has received unqualified audit opinions on its financial statements for the past nine years; and the last five years without any material weaknesses. Labor received green ratings for financial performance and improper payments on the President’s Management Agenda scorecard. In the human capital arena, Mr. Mok has led an aggressive effort to improve financial management skill sets at Labor by broadening the pool of candidates for positions and updating position descriptions to more accurately reflect changes in statutory responsibilities and organizational needs of the 21st century workforce. Under his leadership, the Association of

    Government Accountants awarded the Department of Labor its fifth consecutive Certificate of Excellence in Annual Reporting.

    Mr. Mok has led interagency committees to improve federal financial management, including co-chairing of the Financial Management Line of Business, and a CFO Council Financial Systems Integration Committee. Mr. Mok’s career has spanned both public and private sectors. Prior to his appointment as the CFO at the Department of Labor, Mr. Mok was a managing member of an international business consulting firm, Chief Executive Officer of a New York based business systems consulting firm, Comptroller and CFO at the U.S. Department of the Treasury, a foreign service officer at the U.S. Department of State, and served in the U.S. Army as a commissioned officer.

    Mr. Mok serves as a U.S. Government representative on the Republic of the Marshall Islands Trust Fund Committee, the General Administration Board for the United States Department of Agriculture Graduate School, and was recently elected to be a fellow for the National Academy of Public Administration (NAPA). Mr. Mok serves on the U.S. Government Accountability Office (GAO) Advisory Council on Government Audit Standards, the Board of Trustees for the AGA Academy for Government Accountability and the Asian American Government Executives

Network (AAGEN) Advisory Board. Mr. Mok received his Masters of Arts in auditing from

    Catholic University and a B.S. in accounting from Fordham University. He is a Certified

    Internal Auditor and Certified Government Financial Manager

The JFMIP Principals are the Secretary of the Treasury, GAO Comptroller General, the Director,

    Office of Management and Budget and the Director, OPM. The Financial Systems Integration

    Office, General Services Administration is responsible for planning and conducting the Federal

    Financial Management Conference. The award was named to commemorate a dynamic leader,

    whose ideas and actions brought significant advances to financial management in the public

    sector. At the time of his death, Mr. Scantlebury was the Chief Accountant and Director,

    Accounting and Financial Management at GAO, and a member of the JFMIP Steering

    Committee.

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