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WebThe Office of Financial Management (OFM) provides central accounting and reporting for all financial transactions that originate from the 27 Institutes and Centers (ICs). OFM also …

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URL: https://ofm.od.nih.gov/

Travel Policy Branch

WebThe Travel Policy Branch develops policy and instructions for use across NIH, administers oversight of policies and procedures, and provides travel processing advice. …

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Vendor Maintenance

WebThe Vendor Maintenance team is responsible for maintaining the NIH Supplier Table in NBS as well as set up Federal Supplier/Customer records through requests submitted by the …

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Internal Controls and Audit Branch

WebThe evaluation of internal controls is primarily focused on the three objectives of internal controls: Effectiveness and efficiency of operations. Reliability of financial reporting. …

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Division of Reimbursable Activity and Collections

WebThe Division of Reimbursable Activity and Collections is responsible for activities such as debt collection, royalty receipts from licensees and payments to inventors, inter …

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General Ledger Branch

WebAbout the General Ledger Branch. The General Ledger Branch manages the general ledger to internal subsidiary reconciliations and provides several external financial reports to …

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Collections Branch

WebThe Collections Branch (CB) is comprised of four service areas, which assist the NIH in meeting its mission to seek fundamental knowledge about the nature and behavior of …

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Scientific Review and Evaluation Award

WebAbout Scientific Review and Evaluation Award (SREA) . The Collections Branch processes the SREA payments on a biweekly basis. The SREA PRS application allows for tracking …

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The Division of Financial Reporting

WebThe Financial Reporting Division is responsible for: Preparation of Financial Statements and provides analytical relationships to including Proprietary/Budgetary account analysis, …

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The Division of Program Management

WebThe Program Management Division (PMD) is responsible for the direction, coordination and conduct of administrative management activities and services provided to OFM. PMD …

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NIH FINANCIAL MANAGEMENT REPORT

WebAs of September 30, 2022, the Total Assets for NIH, representing the value of what NIH owns and manages, were $58 billion (B). This is an increase of approximately $4B or 8% …

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Customer Service

WebInquiries regarding the status of invoices such as receipt of invoices, due date, or payment of invoices must call the OFM Commercial Accounts Branch, Customer Service at 301 …

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NIH Financial Management Report FY2023

WebAs of September 30, 2023, the Total Assets for NIH, representing the value of what NIH owns and manages, were $61 billion (B). This is an increase of approximately $2.5B or …

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