An official website of the United States government
A .mil website belongs to an official U.S. Department of Defense organization in the United States.
A lock (lock ) or https:// means you’ve safely connected to the .mil website. Share sensitive information only on official, secure websites.

Ms. Holly L. Carey

Senior Official Performing the Duties of The Principal Deputy Assistant Secretary

Office of the Assistant Secretary of the Army

Financial Management & Comptroller

Holly Carey is an accomplished, innovative and visionary leader with over 31 years of professional experience of which 28 have been within the federal government. She currently serves as the Senior Official Performing the Duties of the Principal Deputy Assistant Secretary in the Office of the Assistant Secretary (Financial Management & Comptroller). She previously served as the Deputy Director for Army Budget supporting ASA FM&C’s mission to formulate, submit, and defense Army Budget to Congress; oversee the proper effective use of Army financial resources in execution; and provide Senior Leaders timely, accurate, and reliable data to support informed decision making. Prior to moving to ASA FM&C, she served as the Director of Resource Integration, the senior advisor to the Deputy Chief of Staff, G-9 for the essential functions pertaining to planning, programming, budgeting, and execution of installation management resources. Her primary responsibilities involved serving as PEG Manager for Title 10 Installations Program Evaluation Group (II PEG) which is responsible for all aspects of planning, programming, and budget formulation for an $21B annual program that includes O&M and MILCON funding; representing 7 Army Staff Functionals and 38 Commands Army wide.

She previously served as the Chief Financial Officer (CFO) of the Army National Guard (ARNG) where she was the primary advisor to the Director of the Army National Guard on all fiscal matters and was responsible for the programming, budgeting, and execution of more than $19 billion in resources annually across the 54 States, Territories, and the District of Columbia. In addition, she managed the financial statement audit and internal control reviews for the ARNG’s input in the consolidated Army Financial Statement Audit.

Prior to her time as the ARNG CFO, she served as the Division Chief within the Office of the Assistant Secretary of the Air Force, Financial Management and Comptroller, overseeing the planning and directing of the formulation and execution of the Department of the Air Force’s $46 billion non-pay Operations and Maintenance (O&M) accounts. Ms. Carey previously applied her broad range of knowledge in accounting, audit, financial management, and budget to overseeing the daily operations and the out-year planning, programming, and budgeting for the Department of Homeland Security’s (DHS) Management Directorate’s budget, which included the Department’s Working Capital Fund. In her role as Budget Director, Holly led the efforts to obtain the necessary resources, funding, and personnel, to achieve the goals of the Management Directorate ensuring delivery of effective and efficient business and management services and enabling the Department to achieve its mission and leading the unified national effort to secure America.

Leading up to serving as a Budget Director, Ms. Carey worked in the Office of Financial Management within the DHS Office of the Chief Financial Officer. In this role she was responsible for reviewing all DHS component financial reporting deliverables supporting the Annual Financial Report and internal control risk matrices ensuring that the Report was without material misstatement. She was instrumental in implementing standard operating procedures across the Department and in doing this, she helped lead the Department to their first clean audit opinion of the financial statements.

Before joining DHS, she worked as an associate auditor with PricewaterhouseCoopers, where she was employed in their federal audit practice. She audited federal agencies financial statements and assisted agencies in implementing A-123 internal controls.

Additionally, Holly proudly served in the United States Air Force for 8 years as a laboratory technician, where she worked in saving lives in the blood bank, Chemistry, Microbiology, and Hematology fields.

CAREER CHRONOLOGY:
• 2024-2026: Deputy Director of Army Budget, ASA FM&C
• 2024-2024: Director of Resource Management, Deputy Chief of Staff, G-9
• 2021-2024: Chief Financial Officer, Department of Army, Army National Guard
• 2020-2021: Division Chief, Department of Air Force Operations & Maintenance, Office of the Assistant Secretary of the Air Force, Financial Management and Comptroller
• 2013-2021: Budget Director, Management Directorate, Chief Financial Office, Department of Homeland Security
• 2006-2013: Staff Accountant, Chief Financial Office, Department of Homeland Security
• 2003-2006: Associate Auditor, PricewaterhouseCoopers LLC
• 1995-2002: Laboratory Technician, United States Air Force

COLLEGE:
• Master of Science degree in National Resource Strategy, National Defense University, Dwight
D. Eisenhower School, Washington D.C., 2020
• Bachelor of Science degree in Accounting, University of Maryland Global Campus, Maryland, 2001

AWARDS AND HONORS:
• Department of the Army Distinguished Civilian Service Medal: Army National Guard
• Department of the Army Meritorious Civilian Service Medal: Assistant Secretary of the Army ASA FM&C
• Assistant Secretary of the Army Financial Management and Comptroller 2023 Awards: Outstanding Financial Management Organization (Above ACOM): Army National Guard G8 Team
• Air Force Financial Management and Comptroller FY2021 Awards: Special Acts and Services Aware O&M FYDP Mitigation and Restoration Team
• Air Force Financial Management & Comptroller Award 2020 Special Acts & Services SAF/FMBO Space Team
• Air Force Financial Management & Comptroller Award 2020 General Larry O. Spencer Special Act & Services SAF/FMB COVID Response Team

PROFESSIONAL MEMBERSHIPS AND ASSOCIATIONS:
• Member, Association of the United States Army (AUSA)
• Member, American Society of Military Comptrollers (ASMC)
• Member, ICAF-ES Alumni Association