Chief Financial Officer
The mission of the Office of the Chief Financial Officer (OCFO) is to be a trusted business partner and facilitate USPTO mission success by providing financial management information, services, and advice.
The CFO advises the Under Secretary and Director on planning, budgetary, financial, and procurement matters. The CFO also oversees implementation of and compliance with all federal laws and regulations pertaining to financial management, including the preparation of the USPTOs audited financial statements, financial management systems, and the planning and reporting of performance measures.
The OCFO consists of the following offices:
The Office of Finance supports the USPTO mission by: ensuring that customer fee payments are promptly, accurately, and efficiently recorded and deposited; ensuring that Federal employees, contractors, and vendors necessary to protect intellectual property rights are paid promptly, accurately, courteously, and in accordance with the law; and providing audited financial statements and other financial management reports to the public, the Congress, the Office of Management and Budget, the Secretary of Commerce, and USPTO management staff. The Office of Finance is composed of the following divisions: Activity Based Information Division, Financial Accounting Division, Financial Reporting and Analysis Division, and the Receipts Accounting Division.
The Office of Procurement awards and administers a wide variety of contracts and simplified purchases for the acquisition of goods and services in support of the agency's mission. The Office of Procurement continually strives to remain on the leading edge of procurement reform and current technology. To that end, the Office of Procurement adheres to the USPTO's unique Patent and Trademark Acquisition Guidelines (PTAG) to ensure it conducts acquisitions in an efficient and innovative manner, including the application of performance based contracts, contracting for commercial items, reverse auctioning, and oral proposals. It is our goal to identify and utilize new techniques to develop partnerships with industry. The Office of Procurement is composed of the following divisions: Policy, Analysis and Oversight Division; Information Technology (IT) Acquisition Division; Patents and Trademarks Acquisition Division; and Corporate Services Acquisition Division
The Office of Financial Management Systems supports the CFO mission by providing maintenance and support for the USPTO’s core financial system. This system is fully compliant with the U.S. Standard General Ledger. It also maintains subsidiary ledgers to facilitate the timely and accurate reporting of capital assets, accounts payable, and revenues and other fees. Our goal is to provide our customers with the highest level of quality and service in all aspects of financial systems operations. To help achieve this goal, the Office of Financial Management Systems supports, maintains, and manages the USPTO's financial management information systems, including the Revenue Accounting and Management system. The Office of Financial Management Systems is composed of three divisions: Program Management Division, Financial Systems Operations Division, and the Core Financial Systems Operations Division. You can visit the Office of Financial Management Systems Web page to learn more about this office.
The Office of Planning and Budget supports the CFO mission by ensuring that the USPTO's annual performance supports the strategic plan, and that the budget is efficiently and effectively executed to achieve optimal performance levels across all business units, and actionable information is provided to executive management. The Office of Planning and Budget is composed of the following divisions: Budget Formulation and Performance Management Division, Budget Execution Division, and Forecasting and Analysis Division.