Tim Soltis is the new Deputy Controller in Office of Federal Financial Management (OFFM). Tim came from the Department of Education (Education) where he served as acting Chief Financial Officer (CFO) and Chief Acquisition Officer from May 2016 to January 2018 and as Deputy CFO from March 2013 to June 2018. In those roles, Tim led multiple financial and acquisition management programs and activities for the Department of Education, to include accounting for a loan portfolio of over $1.2 trillion in assets and almost $70 billion in budget authority. He also oversaw Education’s production of the Agency Financial Reports (AFR), IT investments in business systems, indirect cost rate negotiations, contracting activities, audit resolution, and the internal control programs. Tim played a key role supporting Administration management priorities, including Cross Agency Priority goals related to grants, shared services, and improper payments.
Before joining Education, Tim held various senior leadership and audit positions in the Department of Defense, including assignments in Korea and Germany, and in the Intelligence Community where he gained extensive experience leading day-to-day operations of large and complex mission support functions and driving large-scale change initiatives to improve the efficiency and effectiveness of operations. He has extensive experience advising senior agency leadership on matters related to strategic planning, budget, accounting, preparing financial reports, streamlining mission support functions, managing performance, implementing new business systems, implementing internal controls, and managing risks.
A Cleveland, Ohio native, Tim earned his Bachelor of Science degree in accounting from Case Western Reserve University, and he has completed executive leadership programs at Harvard and the Federal Executive Institute. He is a Certified Public Accountant (CPA) and Certified Information Systems Auditor (CISA).