Nancy Zielke

Managing Director, Alvarez & Marsal Public Sector Services

Nancy Zielke

Nancy Zielke is a Managing Director with Alvarez &Marsal Public Sector Services.  She has deep expertise in state and local government budgeting and financial management; process improvement and innovation strategies; and implementation of organizational improvements to drive operational efficiency.

She has led various advisory service projects improving the financial and operating health of governments with deployment of strategic initiatives to achieve financial sustainability. She has experience serving as an expert witness and testifying in federal/state courts and state legislatures/city councils on various municipal government matters.  She has also served in interim CFO and budget officer roles with addressing operating deficits, cash flow requirements, financial forecasting, internal controls and organizational improvement strategies.

Prior to joining A&M, Nancy worked 20+ years in key finance and budget officer positions within state and local governments in Kansas and Missouri.  She led the day-to-day fiscal operations of large municipal governments, public utilities, and higher education institutions with annual operating budgets over $500 million.  

Her hands-on operating experience is showcased by her successful contribution in leading state and local government financial transformation efforts including fiscal accountability plans, ERP implementations, lean six sigma process improvements, annexation and consolidation of government plans, budget redesign initiatives, and complex debt financing restructurings. These efforts achieved the GFOA’s Certification of Achievement in Financial Reporting, the Distinguished Budget Awards Program, and the Awards for both Excellence for Financial Planning and Management Service.

Ms. Zielke is a past GFOA President and has been actively involved in GFOA for more than 35 years.  She has chaired the Woman’s Finance Network, past member of various Standing Committees, former instructor for GFOA Training programs and past reviewer for both the Distinguished Budget Award and Award in Excellence programs.  She is currently an advisor to the Governmental Budgeting Standing Committee and member of the Public Finance Woman’s Network.

Ms. Zielke holds a Bachelor of Arts in Business Administration from Adrian College and a Master of Public Administration from the University of Kansas.  She holds a certificate as an Emergency Manager from Michigan State University.  She is a member of Alpha Kappa Psi.

As an author and speaker, she has made numerous presentations to government agencies and industry association conferences on a wide variety of topics, including strategies for business process improvement, government leadership, and best practices in budgeting and resource allocation strategies.