Financial Management Office

Lisa Wilkerson, Financial Management Deputy Comptroller
Phone: (850) 414-4391
Fax: (850) 414-4446

Mission:

The Financial Management Office is responsible for the development of the Department’s monthly cash forecast, oversight of the cost accounting function and funds approval process and the administration of federal billings and reimbursement for federally funded transportation projects with the Federal Highway Administration. In addition, the staff provides reporting and inquiry support for the Department’s actual commitments and offers technical advice for the Office of Comptroller owned computer systems and related interfaces.

The Financial Management Office is comprised of the following sections

• The Contract Funds Management staff provides prompt, accurate commitment of funds for all purchase orders and all contractual obligations throughout the Department. The Contract Funds Management staff also reviews contract agreements, provides statewide contract funds management training, posts budget entries, and conducts annual quality assurance reviews.
• The Cash Forecast staff is responsible for the financial stability of the Department and the financial stability of the Department's 5-year work program. The Department forecasts monthly cash receipts and disbursements for five, six and ten year time spans. Since the cash balance can vary as much as $100 million in one day, a reasonable cash balance and accurate forecast are critical.
• Systems Support staff serves as liaisons with the Office of Information Systems and supports all finance, accounting, and financial control systems. The primary statewide financial systems supported are the Financial Management System (FM), the Federal Program Management System (FPM), the Project Cost Management System (PCM), the Florida Accounting Information Resource System (FLAIR), Accounts Receivable (ARI), Personnel Payroll System (PPS), and the Departmental Accounting System (DAS).