Nancy Zielke

Managing Director
Government finance and efficiency expert
35+ years of experience in key CFO and budget planning positions
Focuses on process improvement and budget and revenue allocation models
Kansas City
@alvarezmarsal
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Nancy Zielke is a Managing Director with Alvarez & Marsal Public Sector Services in Kansas City. With more than 35 years of experience, she is a known public finance leader providing innovative operating solutions and strategies to improve financial and operating results. Ms. Zielke is an experienced expert witness having testified in state and federal courts serving as an expert witness on financial management and municipal utility matters.

Ms. Zielke advises troubled public sector entities and creditor groups on strategic initiatives to address operating shortfalls; works on numerous government efficiency studies identifying financial improvement plans to address General Fund shortfalls; and assists governments with economic fiscal impact analyses and revenue forecasts for major municipal new retail, sport and hospitality developments. 

At A&M, Ms. Zielke was the Interim Deputy CFO/Executive Director of Budget for Detroit Public Schools and the Interim Director of Policy and Budget for the South Carolina Department of Health and Human Services.

Prior to joining A&M, Ms. Zielke served in CFO and executive budget positions for various state and local governments, higher education and public utilities in Kansas and Missouri. She successfully led major financial transformation, process and internal control improvements, shared service business models, budget redesign initiatives, and fiscal accountability plans.

Ms. Zielke earned a BBA from Adrian College and an MPA from the University of Kansas. She holds an Emergency Manager certification from Michigan State University. Ms. Zielke is a member of Government Finance Officers Association (GFOA), serving as the National President of GFOA and continues to serve as Advisor to GFOA’s Standing Committees. She is a member of Women in Public Finance and various State GFOA Chapters.

Insights By This Professional

Our mission is to help state and local governments solve problems that sustainably improve the lives of the people they serve. We do so by driving transformational change that improves transparency, accountability, fiscal responsibility, and operational effectiveness.
A&M Public Sector Services experts Nancy Zielke, Kyle Jen and Hans Zigmund discuss the shifting economic environment and provide guidance on how state and local governments can assess their long-term financial outlooks and create a comprehensive financial plan amidst impending federal funding deadlines.
Women We Admire featured A&M Managing Director Nancy Zielke in the Top 50 Women Leaders in Business Consulting & Services of 2023.
A&M advises governments on innovative ways to transform through strategic allocation of resources, management of federal funding and compliance requirement support.
Latest insights The latest insights from Nancy Zielke's team
Press Releases
SYDNEY, 15 October 2025 - Global professional services firm Alvarez & Marsal (A&M) today released new insights warning that Australia’s $120+[1] billion clean energy transition risks stalling unless urgent action is taken to improve investment conditions and de-risk the market for private capital.
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