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August 20, 2009
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Labor’s New
Financial System
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| A salute to new sponsor Cherry, Bekaert & Holland, ranked among the top 30 accounting firms in the nation. It offers top-quality financial and management services to a successful client base, but even better: it was recently named one of the best places to work in the Hampton Roads area by Inside Business! |
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| The end of the federal fiscal year is tough enough, but come Oct. 1, Dept. of Labor CFO Lisa Fiely is overseeing the implementation of a new agency financial system. Let’s all say yikes together. |
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Lisa says the agency is installing Oracle Federal Financials Release 12, the second federal agency to use that version. She’s also working to distribute $34 billion the agency has received in Recovery Act money, although a large amount is being added to already existing programs. “Like everyone, we want to get the money out quickly, but we’re taking extra steps to make sure it’s out helping the economy before we report as such.”
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Her resume reads like the Presidential Succession Act: She started as an auditor at Interior, with stops at Treasury and SSA, then financial management at EPA, moved to IRS and finally USAID before coming to Labor in ‘07. She grew up in Rhode Island and came to DC for her first job and grad school at GW. Lisa has two sets of kids: A son at JMU and a teenage daughter and two labs, Summer and Biscuit. She also likes to travel, going to Paris and London with her son this summer as a late high school graduation gift.
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Carey: Questions on the Cloud
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This morning Navy CIO Rob Carey told 250 people at an INPUT b'fast at the Tysons Ritz that he loves the obvious business advantages of cloud computing, but he’s not sure how the Navy will implement the technology. “I see the end line, but I need someone to get me there and show me how we can move our applications to that space.”
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Rob says the new Secretary of the Navy, Ray Mabus, is focusing on acquisition reform, green IT, and using more unmanned machines. Rob jokes he wants his next job to be naming military operations after talking about Operation Warrior Phoenix. “My wife says she wants to name paint, so you can see how we’re different,” he says.
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INPUT analyst John Slye says that the Navy has been seeing a 5% growth in its IT budget the past couple of years, but that is expected to drop closer to 2.3% as the defense budget stays relatively flat. Rob said, though, the department expects to get more money for computer security.
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TODAY AT LUNCH
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We snapped this a couple hours ago over lunch at Black’s Restaurant in Bethesda. You can tell our old friend Rick Kay is now Chairman of the Board of a company—he’s the only one wearing a white shirt and tie. Ironically, he’s the one who doesn’t have to: He took his old company, data storage leader OTG Software, public in 2000 then sold it to Legato a couple years later for $400 million; became a part owner of the Caps, Wizards, and Mystics; and now chairs 280-employee Reston-based Sentrillion, that does federal security solutions. Probably he had to clean up his act because yesterday his four kids (ages 9 to 16) showed up back home after a summer of camp. With him, Life Matters founder Scott Thompson (second from right) and a group of our friends from another table, top execs at local accounting giant Reznick: Mark Hidalgo, David Kessler, Damien Enderle, and Jerry DiStefano. We hasten to say we used the wine bottles only as a decorative backdrop
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This newsletter is a journalistic news source which accepts no payment for featured interviews. It is supported by conventional advertisers clearly identified in the right hand column. You have been selected to receive it either through prior contact or professional association. If you have received it in error, please accept our apologies and unsubscribe below. © 2009, Bisnow on Business, Inc., 1323 Connecticut Avenue, NW, Washington, DC 20036. All rights reserved.
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