USACE Finance Center: Serving the Nation from Millington, TN

The U.S. Army Corps of Engineers (USACE) Finance Center (UFC), located in Millington, Tennessee, plays a critical, yet often unseen, role in the organization’s mission. While the Corps of Engineers is widely recognized for its civil works projects, engineering expertise, and contributions to national security, the UFC is the backbone that ensures the efficient and responsible management of its financial resources.

The UFC serves as the central accounting and finance organization for the entire USACE enterprise, encompassing a vast network of districts and divisions across the United States and around the world. Their responsibilities are diverse and far-reaching, including:

• Financial Accounting and Reporting: The UFC is responsible for maintaining accurate and transparent financial records, ensuring compliance with all applicable laws, regulations, and accounting standards. They prepare financial statements and reports that provide insights into USACE’s financial performance and position.
• Payments and Disbursements: Managing the payment of invoices, employee salaries, and contractor payments is a core function. The UFC ensures timely and accurate disbursement of funds, supporting USACE’s numerous projects and operations.
• Budget Execution and Control: The UFC plays a crucial role in the budget execution process, monitoring spending and ensuring that funds are used effectively and in accordance with approved budgets. They provide financial analysis and support to decision-makers throughout the organization.
• Travel and Relocation Payments: With a large workforce dispersed across numerous locations, the UFC handles travel and relocation payments for USACE employees, ensuring they are reimbursed accurately and efficiently.
• Debt Management: The UFC manages certain aspects of debt related to USACE projects and initiatives.
• Internal Controls and Compliance: Maintaining strong internal controls is paramount. The UFC actively works to prevent fraud, waste, and abuse, ensuring accountability and safeguarding taxpayer dollars. They conduct internal audits and reviews to identify and address potential weaknesses in financial processes.

The UFC’s workforce is comprised of highly skilled accountants, financial analysts, budget specialists, and other professionals dedicated to serving the nation. They utilize advanced financial systems and technologies to streamline processes, enhance efficiency, and improve data accuracy. Continuous training and professional development are emphasized to ensure that the staff remains at the forefront of financial management practices.

Located in Millington, TN, the UFC benefits from a strong local workforce and a supportive community. Its presence in the area contributes to the local economy and provides stable employment opportunities. In conclusion, the USACE Finance Center in Millington, Tennessee, is more than just an administrative office. It’s a vital component of the U.S. Army Corps of Engineers, ensuring the responsible and efficient stewardship of financial resources that support the Corps’ critical mission of building a stronger, safer nation.

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