Your Financial Work Defense Finance and Accounting Center Entry-Level Professional Accountant Program

2 DFAS Mission We are the Accounting and Financial Reporting Arm of the Department of Defense 2

3 Our Vision  World-class provider of finance and accounting services  Trusted, innovative financial partner  Employer of choice, providing progressive and professional work environment  One organization, one identity 3

4 Some History on DFAS DFAS was created in 1991 by the Secretary of Defense to reduce the cost of DoD finance and accounting operations and strengthen DoD financial management through consolidation of DoD finance and accounting services. 4

5 DFAS Locations San Antonio Pensacola Orlando Hawaii Limestone Rome Arlington Norfolk Charleston Japan 5

6 DFAS is Big Business  World’s largest finance and accounting operation - 16,000 employees  Service 5.7 million military members, military retirees and annuitants, and DoD civilians  Manage 267 active DoD Appropriations worth $517B  Manage a $176B Retirement Trust Fund  $346.6 billion in disbursements annually  Process 11.2 million commercial invoices  7.3 million travel payments and settlements  124 million accounting transactions annually 6

7 Direct Effect on our Military Forces If We Take Early Payment Discounts... …They Can Buy a Bradley Fighting Vehicle 7

8 Direct Effect on our Military Forces If We Eliminate Prompt Payment Interest Penalties… …They Can Buy a Blackhawk Helicopter. …They Can Buy a 8

9 What’s in it for You???  Tuition assistance  Work-life balance  Other benefits 9

10 Tuition Assistance  Includes generous tuition reimbursement  Books & lab fees  Up to four classes per fiscal year (Oct.-Sep.) 10

11 Work-Life Balance  Flexible work schedule  Typical 40 hour work week  Flexible vacation scheduling  On-site child care (at some locations) 11

12 Other DFAS  Health and Life insurance  401K and matching funds  10 paid holidays  Paid sick days  Competitive salaries  Professional development 12

13 Professional Development Entry Level Professional Accounting (ELPA) Program Three-Year Professional Development Program  Noncompetitive advancement to target grade  Coaching and Mentoring  Formal training courses  Developmental & rotational assignments 13

14 Three-Year ELPA Program Years One and Two Four six-month rotations (examples) Disbursing Systems Accounting Internal Review Year Three On-the-job training Two (or more) short rotations with other business lines (e.g., vendor, travel, or military pay) Ongoing throughout program Classes Special projects Site/customer visit Leadership/networking conferences Meetings with senior managers Professional association luncheons Topical briefings 14

15 Entry Level Professional Accountant Typical Professional Career Path Approximately 80% of the workforce are at the professional or journey levels. Salary structures are based on grade, length of time in a grade, and location. Employees become qualified for higher level positions through a combination of education, training, and experience. Typical Professional Career Path Entry Professional Journey Management Executive 15

16 Opportunities for You  Internships  Valuable experience  Resume enhancer  Career opportunities  In the next five years, a large percentage of the workforce is eligible for early or regular retirement. 16

17 Candidate Requirements  Completion of Bachelor’s Degree in Accounting or business-related degree with 24 semester credit hours of accounting coursework Minimum 3.0 GPA Demonstrated record for success Strong leadership potential Professional demeanor Interpersonal skills Match our Core Values Integrity, Innovation, Service 17

18 Maybe we don’t get thanked everyday, but... …but we are committed to providing world-class service at a reduced cost to the military members and their families. 18