; and (B) to develop solutions to challenges relating to disclosure policies and processes, referred to in such paragraph, encountered within Department component offices. (3) Responsibilities Members of the working group shall meet not less than once every quarter to advise the Chair on matters concerning disclosure policies and processes involved in the administration of section 552 of title 5, United States Code, including on the following matters: (A) The development of guidance for uniform disclosure policies and processes, in accordance with paragraph (14) of subsection (a). (B) Ways to reduce unnecessary redundancies that may undermine the responsive and efficient processing of requests for information under such section 552. . 110. Chief Financial Officer (a) In general Section 702 of the Homeland Security Act of 2002 ( 6 U.S.C. 342 ) is amended— (1) by redesignating subsections (b) and (c) as subsections (c) and (d), respectively; and (2) by inserting after subsection (a) the following new subsection: (b) Responsibilities In carrying out the responsibilities, authorities, and functions specified in section 902 of title 31, United States Code, the Chief Financial Officer shall— (1) oversee Department budget formulation and execution; (2) lead and provide guidance on performance-based budgeting practices for the Department to ensure that the Department and its components are meeting missions and goals; (3) lead cost-estimating practices for the Department, including the development of policies on cost estimating and approval of life cycle cost estimates; (4) coordinate with the Office of Strategy, Policy, and Plans to ensure that the development of the budget for the Department is compatible with the long-term strategic plans, priorities, and policies of the Secretary; (5) develop financial management policy for the Department and oversee the implementation of such policy, including the establishment of effective internal controls over financial reporting systems and processes throughout the Department