Financial Management
Services, Inc.
February 1997 to Present
15200 Wycliffe Court
Rockville, Maryland 20853
Position Held:
President
February 1997 to Present
Corporate responsibilities for
management and development of FMSI with a focus on assisting
Federal agencies with the installation and implementation of
Financial Management Systems Software and the assistance of
financial management service vendors and system integrators
with the technical understanding of Federal financial
management processes, access to Government financial
management decision makers, assessment of financial
management systems requirements, and identification of
financial management systems opportunities.
Responsibilities include:
- Customer relationship
responsibilities with agencies, software vendors, and
system integrator to achieve the best performance for
areas of responsibilities.
- Business development
responsibilities to achieve company sales and meet
resource requirements.
- Technical Federal financial
management expertise to assist agencies and associates
in meeting deliverable requirement.
- Business relationship management to
assist clients meet and understand Federal agencies
financial management requirements.
FMSI clients include:
Bank
of America
BMC Corporation
Booz-Allen & Hamilton, Inc.
CACI, Inc.
Cognos Corporation
Computer Data Systems, Inc.
Computer Sciences Corporation
Deloitte and Touche
Delta Solutions & Technologies, Inc.
Department of Commerce
Department of Energy
Department of Labor
Eyak Technology, LLC (EyakTek)
Financial Management Service, U.S. Treasury
FreeBalance, Inc.
Focus Technology Consulting, Inc,
Generation 21 Learning Systems, Inc.
Grant Thornton
Guild Associates, LLC
House of Representatives
International Business Machine Corporation |
International
Institute of Business Technologies
James Martin + Company
Joseph D. Donahue & Associates, Inc.
KPMG, LLP
National Guard Bureau
OMNITECH Systems
Oracle Corporation
Orion Microsystems, Inc.
Paradigm Solutions
Planning Research Corporation
RCN & Associates, Inc.
RightStar Systems
SAP America
Science Applications International Corporation
Savantage Solutions, Inc.
SRA International, Inc.
STG, Inc.
Teradata
Unisys Corporation
U.S. Agency for International Development
U.S. Marshals Service
Vuepoint, Inc. |
Computer Data Systems, Inc.
June 1984
to January 1997
One Curie Court
Rockville, Maryland 20850
Positions Held:
Member of the Advisory Staff
July 1984 - June 1986
Staff advisor to the Corporation's
Executive Management Team. Reviewed corporate management
policies and procedures, recommended changes and implemented
changes approved by the Executive Management Team.
Coordinated the conversion of the CDSI payroll system from
check to the Automated Clearing House (ACH) Direct Deposit
payment process.
Vice President, Financial
Systems Division
July 1986 - December 1997
Corporate Officer responsible for: the
general management of 125 line and staff personnel and
$10-12 million in annual sales of CDSI's proprietary
financial management system software products, including
marketing and business development, contract negotiations,
contract fulfillment (systems installation and
modification), ongoing product development, General Services
Administration Financial Management System Software (GSA/FMSS)
systems certification, and human resource acquisition and
training.
Accomplishments:
Corporate management of the GSA/FMSS
certification of the Financial Accounting and Reporting
System (FARS) and the Debt Management and Collection
System (DMCS).
Over $35 million of sales and
implementation revenues of CDSI's: 1) FARS and i.e.FARS
in numerous Federal Government agencies, including the
Pension Benefit Guaranty Corporation, Bureau of the Public
Debt, Financial Management Service, Department of
Commerce, Public Health Service, and the Export Import
Bank of the United States and 2) FARS in twenty five State
Employment Security Agencies, and 3) DMCS in the
Department of the Navy, New York State Higher Education
Services Corporation, U.S. Department of Education, and
U.S. Public Health Service.
Established and managed CDSI's
teaming alliances for implementation and integration of
FARS with COGNOS, Information Builders, Coopers and
Lybrand, and Bank of America/Security Pacific National
Bank.
Developed and marketed a proprietary
Executive Information System that integrates CDSI's FARS
and COGNOS decision support software for initial
implementation at the Department of Commerce.
Established Department of Commerce
Franchise Fund Integrated Time and Accounting System (ITAS)
including implementation of CDSI's i.e.FARS Federal
Fund Accounting System, Federal Executive Decision Support
System (FEDS), Biometric Access Security System (BASS),
and LMPlus Time and Attendance System.
Department of the Treasury
July 1962
to June 1984
Financial Management Service
401 14th Street S.W.
Washington, D.C. 20224
Positions Held:
Deputy Commissioner October
1980 to June 1984
Senior Executive Service Officer in
Charge responsible for: the management of a $600 million
budget and a staff of 2500 people in the Washington, D.C.
headquarters and seven, nationwide, Regional Financial
Management Centers for performing Treasury Department
diverse government-wide central accounting-reporting,
disbursing, depositary account maintenance, and cash
management missions and functions.
Previous Positions Held:
July 1962 to
October 1980
Director, Government Accounting
Systems Staff: Senior Executive Service, Charter Member
(SES) responsible for budget of over $10 million and 100
people engaged in government-wide financial management
systems development, including: central accounting and
reporting, disbursing and collection, regulatory procedures
documentation, and systems maintenance. Represented the
Department of the Treasury in the Joint Financial Management
Improvement Program.
Various Management and Operating
Positions: Progressive line and staff experience including
the Executive Development Program's Bureau-wide management
training, Government-wide Central Accounting and Reporting
System's technical operation and management, Trust and
Deposit Fund administrative accounting and systems
development, and other Bureau-wide systems planning and
development.
Accomplishments:
Directed the establishment of a
strategic and tactical long range planning process that
was integrated with the Bureau's budget and appropriation
process for directing the Financial Management Service's
growth into the year 2000.
Planned and directed the Treasury's
Payment and Collection Mechanism Study for the future including: cash
management, debt collection, electronic fund transfer,
electronic commerce Smart Card applications and operations for
current and long term implementation. The Treasury
Payment and Collection Mechanism Study included Federal
contractor support, financial and information technology
organization participation, and international visitations
regarding Electronic Benefit Transfer, Smart Card, and
Domestic and International settlement operations, i.e.,
ACH, Fedwire, and SWIFT.
Implemented the Treasury's paper
check conversion and FEDWIRE electronic fund transfer
programs, including the design and implementation of the
Treasury Financial Communication System (TFCS) EFT
connection to the Federal Reserve System's FEDWIRE
interbank settlement fund. The TFCS system was
initially installed on Honeywell Information System
mainframe computers and subsequently moved to Tandem
"non-stop" computer architecture and from the Federal
Reserve "Culpepper Switch" Star network to the Federal
Reserve Communication System (FRCS-80) x25 packet
switching network. The
most well-known use of packet switching is the
Internet network and
local area networks.
Managed the upgrade of the Financial
Management Service's mainframe computer systems used in
its Headquarters and Regional Financial Centers, which is
the second largest computer user group within the
Department of the Treasury. The selection of
Honeywell Information Systems hardware and software moved
the Financial Management Service from a batch processing
operation to a real-time timesharing operation that
connect it's Regional Financial Management Centers,
Agencies, and the Federal Reserve System.
Directed the design and
implementation of: 1) the Simplified Intra-Governmental
Billing and Collection System (SIBAC), the Government's
first book entry system for intra-government payments, 2)
federal fund accounting procedures for the International
Monetary Fund, Special Drawing Rights, 3) Sale and
demonetization of U.S. Gold Reserves, 4) Federal Finance
Bank, 6) Off-Budget Financial Reporting Requirements, and
7) the Presidents Commission on Budget Concepts, Unified
Budget Concept Loan Account and Financial Statements
Restructuring.
E D U C A T I O N
& C E R T I F I C A T I O N S
University of Maryland
College Park, Maryland
Bachelors of Science - Accounting,
June 1962
Federal Executive Institute
Charlottesville, Virginia
Federal Executive Management Training
American Management Association
New York, New York
Management Course
Association of Government Accountants
Arlington Virginia
Certified Government Financial Manager
Outstanding Financial Management
Achievement Award:
For Implementation of the Treasury
Financial Communication System - Federal Reserve FEDWIRE
Electronic Fund Transfer System Integration
Department of the Treasury, Financial
Management Service
Washington, D.C.
Executive Development Program
P E R S O N A L
Married, Sandra D. Faunce 49 Years
Children: Glenn E. Faunce and
Craig C. Faunce
Grand Children: Madeline Faunce
and David Faunce
Honorable Discharge United States Marine
Corp December 7, 1960
University of Maryland Varsity Football
1957 - 1961 |