Chief Financial Officer Kathleen Turco was recently named as this year’s recipient of the Donald L. Scantlebury Memorial Award. The award is the highest recognition given to government executives who have demonstrated outstanding leadership and significant improvements in financial management in the public sector.
Turco was honored during the Joint Financial Management Improvement Program’s (JFMIP) Federal Financial Management Conference on March 12. JFMIP is a cooperative undertaking of the Department of Treasury, Office of Management and Budget, Office of Personnel Management and the Government Accountability Office. The agencies work to improve and coordinate financial management policies and practices throughout the government. Turco’s award signifies due recognition for her continuous leadership in financial management, and for having been principally responsible for significant economies, efficiencies and improvements in the government.
Kathleen M. Turco was appointed the Chief Financial Officer (CFO) for the U.S. General Services Administration (GSA) on August 5, 2002.
In her capacity as the agency’s CFO, she provides enterprise-wide leadership for strategic planning, financial and budgetary analysis, performance budgeting, portfolio management, systems life cycle management, business case methodology and internal control processes and procedures. She provides the executive leadership and direction in administering the GSA’s Performance Management Process including the agencywide strategic planning, performance budgeting, financial management, and the core financial management system. She serves as principal advisor to the GSA Administrator on federal financial management, ensuring compliance with financial policies governing the $17 billion in financial activity for federal buildings, acquisition management, citizen services and governmentwide policy.
The GSA Office of the CFO (OCFO) is an Office of Management and Budget (OMB) designated Financial Management Line of Business (FMLoB) Shared Services Provider (SSP). OCFO offers “corporate” shared financial management services to GSA and more than 50 external customers by providing: high quality financial management services including strategic planning; budget and performance management; labor forecasting and distribution; financial analysis; financial operations (accounts payable, accounts receivable, cost allocation, asset management); ePayroll; travel management (E-Gov Travel), charge card (travel and purchase), financial reporting; internal controls and audit follow-up.
Ms. Turco came to GSA from the Internal Revenue Service (IRS). At IRS she served as the Director of Financial Policy, Planning and Programs in the Office of the Chief Information Officer from 2001 to 2002 and was the IRS’ Deputy Chief Financial Officer for Strategic Planning and Budgeting where she directed the IRS strategic planning and budgeting from 1998 to 2002.
Prior to IRS, Ms. Turco was an examiner at the Executive Office of the President’s Office of Management and Budget for 10 years. She began her career with the Department of Education.
Ms. Turco was the recipient of a 2006 Presidential Rank Award as a meritorious executive and the 2008 Donald L. Scantlebury Memorial Award for Distinguished Leadership in Financial Management Improvement. She is a member of U.S. Chief Financial Officers Council and the Office of Federal Procurement Policy’s Cost Accounting Standards Board.
Ms. Turco has an undergraduate degree from the University of Maryland and a Master’s in business administration from the University of West Florida.