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Janice Lambert Selected as Chief Financial Officer

IR-2005-58, May 13, 2005

WASHINGTON — The Internal Revenue Service announced today that Janice J. Lambert has been appointed the Chief Financial Officer (CFO) of the Internal Revenue Service.

As CFO, Lambert will oversee an organization responsible for the custodial accounting of $2 trillion in taxpayer receipts and the IRS' $10 billion annual operating budget. In addition, the CFO serves as the principal advisor to the IRS Commissioner and Deputy Commissioners on financial and performance management, financial systems, strategic planning, and internal controls.

“Janice has an excellent grasp of government budgeting and performance-based metrics,” said IRS Commissioner Mark W. Everson. “In the last year, she has demonstrated a real ability to handle IRS business issues. Janice is a welcome addition to our leadership team.”

Lambert came to the IRS as Deputy CFO in June 2004 from the Department of Treasury, where she served as Director of Budget. In that capacity, she was responsible for overseeing the formulation and execution of Treasury’s $13 billion budget and providing leadership and guidance to Treasury’s 13 bureaus and organizations on the development and implementation of performance-based metrics and budgets.

Before coming to the IRS, Lambert led the implementation of Treasury's first-ever integrated budget that consolidated the bureaus' budget and annual performance plans and realigned the bureaus' budget activities to move closer to full costing of program performance.

Lambert previously served as the Chief of Budget and Administration for the Department of Justice’s Organized Crime and Drug Enforcement Task Force (OCDETF).  As Chief, she oversaw the strategic planning, budget management and reimbursement of OCDETF resources for nine federal law enforcement agencies.  She also managed the administration functions and resources of the OCDETF Executive Office.

After receiving a Bachelor of Science (BS) in Finance and Business Administration from the University of Southern California, Lambert received a Masters in Public Administration (MPA) in Public Policy from the George Washington University.

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