IRS sticks with Lambert for CFO

The acting Internal Revenue Service chief financial officer is staying on as the tax agency’s permanent CFO.

The acting Internal Revenue Service chief financial officer is staying in that position on a more permanent basis.

Janice Lambert, who came to the IRS as deputy CFO in June 2004 from the Treasury Department, where she was director of budget, succeeds Eileen Powell, who left the agency earlier this year.

The tax agency’s CFO oversees custodial accounting of $2 trillion in annual taxpayer receipts and keeps the books on the IRS’s $10 billion annual budget.

Lambert “has an excellent grasp of government budgeting and performance-based metrics,” said IRS Commissioner Mark W. Everson in a release. While at Treasury, she led implementation of department’s first budget that linked bureau performance plans with budgets and realigned bureaus' budget activities to better reflect the full cost of program performance.

Lambert also previously served as the chief of budget and administration for the Department of Justice’s Organized Crime and Drug Enforcement Task Force, where she oversaw strategic planning and budget management.

After receiving a bachelor’s degree of science in finance and business administration from the University of Southern California, Lambert earned a master’s degree in public administration in public policy from the George Washington University.

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