“Owning My Future: Having an Enriching Career in

Changing Times.”An AGA Women’s Forum Webinar – March 15, 2018

#AGAWebinar

#owningmyfuture

From AGA…

Susan Fritzlen

Chief Operating Officer

AGA

Kia Lor, CMP

Meetings & CEAR Program Manager

AGA

Housekeeping

OMB Circular A-123 History

• 1981 – OMB First Issued Circular No. A-123, Internal Control Systems

•

• 1982 – OMB Issued Internal Control Guidelines and the Federal Managers Financial Integrity Act was enacted

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• 1983 – OMB Issued an Updated Circular No. A-123, Internal Control Systems

•

• 1986–OMB Updated A-123 to Require Management Control Plans to guide efforts

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• 1995–OMB updated A-123, Management Accountability and Control to reflect GPRA, CFO Act, IG Act

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• 2004 – OMB updated A-123, Management’s Responsibility for Internal Control and added Appendix A, Internal Control Over Financial Reporting

Z Sample CPE Tracking Letter

“Owning My Future: Having an Enriching Career in Changing Times.”

Today’s agenda:

• Welcome and Introduction – Meet the Panelists!• Current State – Biggest Challenges for Women in Finance • A-Ha! Moments • Owning Your Future • Action: Tips and Tools • Questions and Answers • Conclusion and Next AGA Women’s Actions

#AGAWebinar

#owningmyfuture

Owning My Future: Having an Enriching Career in Changing Times

A diverse profession is a

sustainable profession.

AGA and its corporate

partners are committed to the retention

and advancement of women in government accounting

and finance.

6

SKILLSET

ADVANCEMENT

LIFE BALANCE

CPA, CGFM, CIA. CISSP, CISA

MENTORS/ SPONSORSHIP

Panel Purpose…

Meet Your Panelists!

Kimberly N. Ellison-Taylor, CPA, CGMA, Immediate Past Chairman of the American Institute of CPAs' Board of Directors.

Stacy Marcott Acting Chief Financial Officer (ACFO) for the Department of Homeland Security (DHS)

Lynn Moaney the Acting Chief Financial Officer at USDA

Glenda Conroy, CPA, CISA, CIADeputy Chief Financial Officer (DCFO), NIH

Meet Your Panelists

RSM Your Sponsor and Moderator

Tracey Walker, CCD –AP, National Director Government Affairs: Diversity & Inclusion• Leads national public policy, defining inclusion strategy and executing programs for clients and the 9,100

internal domestic employees and 32,000 globally.• 20 year career in accounting and public policy/ 14th year with RSM• Former FAS Federal Government Industry/Financial Services Institutions Leader• RSM’s Congressional, state and local lawmaking representative• Member, Association of Government Accountants (AGA) , Corporate Voices, NABA, ALPFA, Ascend, Urban

League Board of Directors

Nation’s fifth largest accounting and consulting firm • Government solution provider Federal, state and

local• Over $2 billion in revenue• 80 cities and more than 9,000 employees in the US• Federal risk, compliance, financial management,

cyber • AGA PDT Sponsor – AGA Corporate Partner Member

Panel Question 1

• Describe your current professional role and responsibility.

• Tell us who you are personally (wife, mom, volunteer…)

• Share what you feel is the main reason that you are where you are, in your life and career.

Meet Your Panelists

Stay Marcott

Kimberly Ellison-Taylor

Lynn Moaney

Glenda Conroy

• Past Chair of the Maryland Association of CPAs, and has served on many of its committees, including the New Young Professional Network

• Global Accounting Strategy Director for the Financial and Professional Services Industries for Oracle America, a leader in cloud solutions and enterprise technology. In this capacity, she provides insight to help drive innovation in this important domain, particularly as the computing paradigm shifts to Cloud and SaaS.

• Prior Global Practice team leader for Health and Human Services, working with teams worldwide where she developed and executed strategies on Cloud, Big Data, Security, Fraud Prevention/Detection, Customer Experience, and Modernization. Prior to Oracle, Other leadership roles at numerous other major companies and organizations, including the NASA Goddard Space Flight Center; Motorola; KPMG; and Prince George's County Government, where she served as Chief Information Technology Officer.

• Ellison-Taylor received her bachelor's degree from the University of Maryland, Baltimore County; an Accounting Certificate from the Community College of Baltimore County, an MBA from Loyola University and Master's of Science in Information Technology and a Chief Information Officer Certificate from Carnegie Mellon University.

• She currently resides in Maryland with her husband and two sons.

Kimberly N. Ellison-Taylor, CPA, CGMA, Immediate Past Chairman of the American Institute of CPAs' Board of Directors.

Meet Your PanelistsKimberly Ellison-Taylor

Glenda Conroy

Lynn Moaney

Stacy Marcott

Stacy Marcott Acting Chief Financial Officer (ACFO) for the Department of Homeland Security (DHS)

• Acting CFO for the Department of Homeland Security (DHS). Has served as Deputy CFO since May 21, 2012.

• Impacts direction of financial and accounting programs Department-wide, providing advice on long- and short-range financial planning and evaluation of program goals; directing and managing oversight of financial management activities and operations for DHS.

• Joined DHS in 2003 as Deputy Director of Program Analysis and Evaluation, where she led many programmatic, budgetary, and financial management initiatives. Established and implemented integration of the planning, programming, budgeting, and execution (PPBE) system and oversaw development of the first Future Years Homeland Security Program.

• Previously served with the Finance and Resource Management Division for the Naval Nuclear Propulsion program, where she directed development, preparation, and defense of more than $1 billion in annual budgets as well as development of long-range procurement and financial strategy and planning documents.

• Holds a Bachelor’s of Science in Mathematics from the U.S. Naval Academy and Master’s in Engineering Administration from Virginia Tech.

Meet Your Panelists

Stacy Marcott

Glenda Conroy

Kimberly Ellison-Taylor

Lynn Moaney

• Acting Deputy Chief Financial Officer (DCFO) of the U.S. Department of Agriculture. • Re-joined the USDA/OCFO organization in 2014, as the Associate Chief Financial Officer

over Financial Policy and Planning. Responsible for Department-wide development and implementation of fiscal and travel policy.

• Controller of the Working Capital Fund (WCF) and Shared Cost programs (SCPs) which includes formulating the $813M WCF budget and $33M SCP budget; providing agency allocation amounts and monitoring budget execution. Establishes departmental policy related to maintaining internal controls in compliance with OMB Circular No A-123, to achieve the objectives of effective and efficient operations, reliable financial reporting, and compliance with applicable laws and regulation.

• Reviewing the Department’s Enterprise Risk Management (ERM) framework, improper payment mitigation and reporting as well as debt management, audit follow-up and overall administrative support including Continuity of Operations planning and Emergency Preparedness for the Office of the Chief Financial Officer. She also serves as the Chair of the National Finance Center (NFC)/OCFO Diversity and Inclusion Council and active on several Committees and Boards within and outside the federal government. Prior Financial Operations and was instrumental in implementing the Department’s legacy Foundation Financial Information System (FFIS).

Lynn Moaney the Acting Chief Financial Officer at USDA

Meet Your Panelists

Lynn Moaney

Stacy Marcott

Kimberly Ellison-Taylor

Glenda Conroy

• Currently Deputy Chief Financial Officer and Director of the Office of Financial Management for the Department of Health and Human Services (HHS), National Institutes of Health (NIH) overseeing and directing central accounting and financial reporting for the 27 NIH Institutes and Centers.

• Serves as Senior Financial Management advisor NIH-wide for financial accounting operations overseeing an annual budget in excess of $34 billion.

• Prior Director for NIH's Office of Management Assessment directing NIH Policy, Risk Management, and Program Integrity. Served as the Associate Director for Management and Executive Officer for the National Institute on Drug Abuse (NIDA). Oversaw successful management of acquisitions, administration, ethics, financial management, grants and information resource management.

• Previously, Deputy CFO at the HHS Program Support Center and Deputy Director of Financial Management/Director of Financial Enterprise Solutions and at the Food and Drug Administration.

• Prior to government, Ms. Conroy worked at several public accounting firms as a business consultant and at Federated Investors in Pittsburgh, PA in financial, operational and systems auditor capacities.

• Glenda retired from the U.S. Military as a Captain in the Air Force Reserves.• MBA from St. Francis University; a Master's Certificate in Project Management from

George Washington University; PMP; a BS in Business Information Systems from the University of Pittsburgh; and is a Certified Public Accountant, Certified Information Systems Auditor and Certified Internal Auditor.

Glenda Conroy, CPA, CIA, CISADeputy CFO NIH

My Career Satisfaction primarily comes from the…?

• A. WORK - Meaningful technical work and/or service

• B. PEOPLE - My peers, colleagues and superiors

• C. ADVANCEMENT – Promotions, title goals, ascending and access

• D. BALANCE – Family and Life Balance

• E. MONEY – Salary, compensation and bonus

Polling Question:

Current State…Understanding Challenges Facing Women in Government

Challenges 2018: Barriers to Retention, Advancement and Development of Women Leaders:

Career Sponsorship & Coaching and Mentorship

Access to Female Role ModelsWork/Life Integration

Access to Career Development and advocacy experiences

Stereotyping, Unconscious bias Traveling without a road

map

Self Selection (Opting Out)

Foundational FactsFor the past 20 years, women have represented about 50% (1) of new CPAs in the accounting profession. Yet

today, women account for only 14.3% (2) of Executive Officer positions in business and industry and 19% (1) of

partners in CPA firms nationwide

• Profession demographics are changing and baby boomers will be retiring during the next 10

years.

• Maximizing potential and retaining eligible, talented candidates for partnership and succession is

key to growth.

• Women representation Is more than 50% of the profession but less than 25% of the

leaders/owners.

• Increased solution complexity requires diverse talent to effectively address.

• Competition for talent increasing as roles integrate and talent is seeking an inclusive work experience

• Focus on ability to create a family, flexible and gender-friendly environment is known to be

detrimental to both staff and client retention.

Panel Question 2

• What do you feel are the biggest challenges facing women in government accounting and consulting?

• How has this challenge matured over time?

Kimberly N. Ellison-Taylor, CPA, CGMA, Immediate Past Chairman of the American Institute of CPAs' Board of Directors.

Stacy Marcott Acting Chief Financial Officer (ACFO) for the Department of Homeland Security (DHS)

Lynn Moaney the Acting Chief Financial Officer at USDA

Glenda ConroyDeputy Chief Financial Officer (DCFO), NIH

Panelists Say…

Women in the Federal Government Workforce - Flexibility

Source: OPM “Women in the Federal Workplace Infographic 2017

Women in the Federal Government Workforce – Pay Gaps

Participation & SatisfactionIn 2015, 33% women in the Federal Government had a Flexible Work Schedule (FWS); 36% teleworked;27% participated in worksite health & wellness programs; 16% used the Employee Assistance Program(EAP); 4% used child care programs; and 3% used elder care programs.

Source: OPM “Women in the Federal Workplace Infographic 2017

Data: Government-wide Workforce FEDSCOPE 2015

61,627

23,059

38,568

GS 15S

GS 15 US Based

All Federal Emp. Women Men

24

2,024,322

881,813

1142509

# OF ALL GS/US. BASED WORKERS

ALL GS US Based Workers

All Federal Emp. Women Men

Government Workers in Finance and Accounting

116,379

72,646

43733

ALL 05XX SERIES: ACCOUNTING/BUDGETING/FM, ETC.

Gov. Workers in Accounting Finance, etc.

All Women Men

25

2720

12811439

GS 15

GS 15 in Accounting Finance, etc.

All Women Men

Government Senior Executive Service (SES)

7,802

2,649

5,153

ALL SES

Gov. Workers in SES

All Women Men

26

34%

66%

Percentage of Women by Level at CPA Firms - AICPA Data

Aha!What I’ve Learned on my Journey

Women: Ambition and Confidence

Women: Ambition and Confidence

Challenging Stats

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Panel Question 3

• What were the keys to your success? What has made you most effective as support and as a leader?

• Describe a personal moment where you felt a challenge insurmountable - and how you triumphed.

Kimberly N. Ellison-Taylor, CPA, CGMA, Immediate Past Chairman of the American Institute of CPAs' Board of Directors.

Stacy Marcott Acting Chief Financial Officer (ACFO) for the Department of Homeland Security (DHS)

Lynn Moaney the Acting Chief Financial Officer at USDA

Glenda ConroyDeputy Chief Financial Officer (DCFO), NIH

Panelists Say…

Owning Your Future!What actions am I taking to be my most effective in my role?

Do You Own your Future? Career Development Framework Alignment

* ECS Only

Women and Leadership Behaviors

• Research suggests that for women to be

successful they must present themselves as

self-confident and dominant while

tempering these qualities with displays of

communal characteristics. “

• the researchers found that certain women

high in "masculine traits" — defined as

aggressiveness, assertiveness, and confidence — were also able to "self-

monitor" their behavior. "These women were

able to be chameleons, to fit into their

environment by assessing social situations

and adapting their actions accordingly,"

explains O'Neill.

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Mentors, Sponsors and Advocates• Access to high-impact

programs, people and high-influence career advocates

• Assistance providing a road map for navigating the culture and career stages within the firm while avoiding missteps is essential for success.

• Advocacy providing valuable promotion, sponsorship and strategies to increase individuals’ visibility and value to the organization

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Panel Question 4:

• What does It mean to own your future?

• How do/have you own(ed) your future?

• What responsibility do those working with and managing women have to empower women?

Kimberly N. Ellison-Taylor, CPA, CGMA, Immediate Past Chairman of the American Institute of CPAs' Board of Directors.

Stacy Marcott Acting Chief Financial Officer (ACFO) for the Department of Homeland Security (DHS)

Lynn Moaney the Acting Chief Financial Officer at USDA

Glenda ConroyDeputy Chief Financial Officer (DCFO), NIH

Panelists Say…

What actions do you feel drive your personal

success?

• A. High Performance

• B. Executive Presence/ Leadership and People skills

• C. Training and Expertise

• D. Mentorship/ Sponsors

• E. Family Support

Polling Question

Action: Tips and Tools for Forward Progress

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Panel Question 5: Final Thoughts…

• What action should our women audience take to own their future?

• What are tools, books or best advice you have leveraged throughout your career?

• How has training and CPE made a difference?• What have mentors and sponsors meant in your own

career?

Kimberly N. Ellison-Taylor, CPA, CGMA, Immediate Past Chairman of the American Institute of CPAs' Board of Directors.

Stacy Marcott Acting Chief Financial Officer (ACFO) for the Department of Homeland Security (DHS)

Lynn Moaney the Acting Chief Financial Officer at USDA

Glenda ConroyDeputy Chief Financial Officer (DCFO), NIH

Panelists Say…

Beyond CPE, do you actively seek to

sharpen your expertise and new

information to enhance your

career?

• A. ALWAYS – I am always seeking new information and opportunities

• B. OFTEN – I brush up multiple times a year

• C. SOMETIMES – If I am curious I’ll look into things

• D. NEVER – Not beyond my required CPE

Polling Question

Taking Action

Women

• Advocate for Self and for Others

• Share Your Success – Mentor!

• Leverage Benefits for Flexibility

• Assert Your Objectives

• Seek Out and Accept Constructive Critical Feedback

• Train and Sharpen Skills and Credentials

Management

• Unconscious Bias Training

• Practice Inclusive Behavior• Fairness• Opportunity• Communication• Understanding• Support

• Intentional Diverse Points of View

• Mentor, Sponsor, Advocate

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Follow-On Task Force VolunteeringNext Steps…

• Drop Your Card!

• Email Us: tracey.walker@rsmus.com sfritzlen@agacgfm.org

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AGA

Women’s

Task Force