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 Office of Financial Operations (FMO)


The Office of Financial Operations (FMO), under the Assistant Secretary of the Navy, Financial Management and Comptroller, acts on behalf of the Department of the Navy (DON) and is responsible for financial and accounting matters. FMO leads financial programs and activities that are designed to improve the way the DON does business and support the warfighter.

As Department of Defense (DoD) directives and policies are set for financial efficiency, effectiveness, and transparency, FMO reports on financial data. FMO also develops and manages accounting and finance related programs to help Budget Submitting Offices (BSOs), Commands, and other Shared Service Providers (SSPs) comply with the DoD requirements and audit response.

FMO’s support enables BSOs within each Command, and other SSPs developed to provide credible and affordable solutions to the Warfighter, to comply with DoD financial requirements.

FMO is comprised of the following divisions:

FMO-1: Accounting and Finance Systems

FMO-2: Accounting and Financial Practices and Reporting

FMO-3: Financial Services

FMO-4: Assurance and Risk Management

FMO-5: Audit Response and Evaluation

FMO-C: Operations and Management


 Leadership Corner


Karen Fenstermacher
Deputy Assistant Secretary

Steven R. Quentmeyer
Deputy Director


 Quick Links

Accounting and Finance Systems (FMO-1)
Accounting and Financial Practices and Reporting (FMO-2)
Financial Services Division (FMO-3)
Assurance and Risk Management (FMO-4)
Audit Response and Evaluation (FMO-5)
Operations and Management (FMO-C)
Financial Reports and Metrics Support
Connect With Us!

Contact FMO

Office of Financial Operations
720 Kennon Street, S.E., Bldg 36, Room 115
Washington Navy Yard, D.C. 20374-5025

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