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Welcome - Financial Management Services, Inc.
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Irvin Faunce CGFM
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E X P E R I E N C E     S U M M A R Y Irv6.jpg (4202 bytes)

Irvin E. Faunce, Jr. is the President of Financial Management Services, Inc.  FMSI is a financial management-consulting firm supporting Federal Government Agency’s and vendors implementation of JFMIP Certified Core Accounting Systems.  FMSI was established in 1997 and has, since inception, supported Core Accounting Systems at the United States Marshals Service, Department of the Treasury, Financial Management Services, and the United States Agency for International Development.  FMSI also provides technical support and business development services to Federal Government system integrators and JFMIP certified Core Accounting System vendors, including: ACS, Oracle, Orion Microsystems, Inc. and Savantage Financial Services, Inc.

Before starting FMSI, Mr. Faunce was Vice President of the Financial Systems Division of Computer Data Systems, Inc., who was acquired by Affiliated Computer Services, Inc.  While with CDSI, Mr. Faunce was responsible for the implementation of the FARS and i.e.FARS Federal Government Core Financial Systems and CDSI’s Debt Management and Collection System, DMCS. 

Mr. Faunce managed the implementation of FARS and i.e.FARS at the Department of the Treasury, Bureau of the Public Debt, Pension Benefit Guaranty Corporation, Department of Commerce, Public Health Services, Export Import Bank of the United States, United States Marshals Services, and the Interstate Conference of Employment Security Agencies (a consortium of 26 State Employment Security Agencies supporting the Federal Unemployment Trust Fund program).  In addition, Mr. Faunce managed the implementation of DMCS at the Department of the Navy, New York Higher Education Services Corporation (Education Guaranteed Student Loan agency) and the Public Health Service.

Prior to joining Computer Data Systems, Inc. in 1984, the Department of the Treasury, Financial Management Service (FMS), employed Mr. Faunce for 22 years.  During his career at the FMS, Mr. Faunce entered as a Fiscal Accountant Trainee and was appointed to the position of Deputy Commissioner of the Service by Secretary G. William Miller on October 23, 1980.  While with FMS he held both operating and staff positions.  He worked in all operating functions of the FMS Governmentwide Accounting System, Regional Disbursing System (accounting operation), and Government Accounting System Staff. 

As the Director of the Government Accounting Systems Staff, he was responsible for the development and implementation of the following major disbursement, collection and accounting projects:  Treasury Financial Communication System (TFCS), Simplified Intergovernmental Billing and Collection System (SIBAC), Treasury Lockbox, Revaluation and Sale of Gold, IMF Special Drawing Rights and Special Drawing Right Certificate accounting, Treasury accounting and investment of the Medicare Trust Funds, Consolidated Financial Statements, Off-Budget accounting, Federal Finance Bank, and the Presidents Commission of Budget Concepts reclassification of the Administrative and Trust Fund Budgets to the Unified Budget Concept.

Mr. Faunce is a 1962 graduate of the University of Maryland with a Bachelors of Science degree in Accounting and was a member of the Maryland Football Team.    He has been a member of the Government Accountants Association since 1968, is a Certified Government Financial Manager (CGFM) and is on the Advisory Board of the Salvation Army.  He was awarded the Association of Government Accountants Outstanding Financial Management Achievement Award for the Implementation of the Treasury Financial Communication System - Federal Reserve FEDWIRE Electronic Fund Transfer System.

Mr. Faunce is married to the former Sandra Jean Dillard, has two sons, Glenn and Craig and two grandchildren, Madeline and David.  In 1960 he received an Honorable Discharge from the United States Marine Corp Reserve.