ERSC is a single point of contact for employees and retirees for information about compensation and benefits. ERSC provides administration of employee programs such as payroll, health and retirement benefits, leave, salary administration, and workforce reporting. Smooth and effective operations of these functions are critical to provide prompt and accurate responses for employees’ questions and needs. ERSC operates a call center, transactions unit, and communications program; provides support for policy implementation; and continually expands the use of technology to improve service and efficiency. The introduction and continued expansion of employee self-service applications have improved employee access to data, benefits enrollment, paystub, and tax forms, supporting employees’ ability to focus their efforts and attention on the needs of students and schools.

The Division of Financial Reporting prepares the financial statements, statistical reports, and other accounting reports for the school district; completes financial statement and legislative audits; works with the state in their preparation of the annual financial report; prepares required federal, state, and other reports, including Every Student Succeeds Act and cost per pupil reports; manages federal, state, and other grants; coordinates system cash including the Centralized Investment Fund; provides accounting services to the MCPS Educational Foundation, a 501(c)(3) corporation, and provides for internal controls of all accounting activities. The Division of Controller processes accounting transactions; supports procurement card activity; collects amounts owed to MCPS; makes all payments on behalf of MCPS, administers the MCPS monthly closing and annual closing processes, collects the student extracurricular activity fund fee and manages the federal Impact Aid program.  The division serves as a single point of contact for IRS 1099 reporting, IRS payroll tax reporting, and the state escheatment process.  The division brings central services resources to support schools through support of the School Funds Online and Online School Payments systems. This central effort reduces burden on schools so that school-based employees can focus on the critical work of teaching and learning for all students. The Division of Investments is responsible for assisting the Board of Investment Trustees to implement, monitor, and manage the investment portfolio of the MCPS Employees' Retirement and Pension Systems.

Through regular financial monitoring and data-driven analysis, OOF maintains controls for current-year revenues and expenditures to ensure that the operating budget is implemented as approved.

OOF provides guidance and support to executive staff and program managers on the preparation and formulation of the operating budget for MCPS.

OOF works closely with all offices and schools to implement a system to allocate resources to schools based on school, student, and program need.

The Division of Procurement supports the Montgomery County Public Schools (MCPS) mission, vision, and strategic goals by providing vendor contracts for schools and offices to purchase high-quality goods and services at reasonable costs.