Defense Finance and Accounting Service SCOOPS Presentation Ron Cox and Kristin Schlichter October 2, 2003

DFAS Mission 1/2/2019

World-class provider of finance and accounting services 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 1/2/2019

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. 1/2/2019

DFAS Locations Oakland San Bernardino Seaside San Diego Denver St. Louis Kansas City Omaha Lawton Dayton Indianapolis Lexington Rock Island Columbus Europe Cleveland Limestone Rome Arlington Norfolk Charleston Japan San Antonio Pensacola Orlando Hawaii 1/2/2019

World’s largest finance and accounting operation - 16,000 employees 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 1/2/2019

Direct Effect on our Military Forces If We Take Early Payment Discounts... …They Can Buy a Bradley Fighting Vehicle 1/2/2019

Direct Effect on our Military Forces If We Eliminate Prompt Payment Interest Penalties… …They Can Buy a Blackhawk Helicopter. 1/2/2019

What’s in it for You? Tuition assistance Work-life balance Other benefits 1/2/2019

Includes generous tuition reimbursement Books & lab fees Tuition Assistance Includes generous tuition reimbursement Books & lab fees Up to four classes per fiscal year (Oct.-Sep.) 1/2/2019

Flexible work schedule Typical 40 hour work week Work-Life Balance Flexible work schedule Typical 40 hour work week Flexible vacation scheduling On-site child care (at some locations) 1/2/2019

Health and Life insurance 401K and matching funds 10 paid holidays Other Benefits @ DFAS Health and Life insurance 401K and matching funds 10 paid holidays Paid sick days Competitive salaries Professional development 1/2/2019

Professional Development Entry Level Professional Accounting (ELPA) and Financial Analyst Management Intern (FAMI) Program Three-Year Professional Development Program Noncompetitive advancement to target grade Coaching and Mentoring Formal training courses Developmental & rotational assignments 1/2/2019

Three-Year ELPA/FAMI 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., acctg, 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 1/2/2019

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. Executive Management Professional Journey Entry 1/2/2019

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. 1/2/2019

Candidate Requirements Completion of Bachelor’s Degree in Accounting, Finance, or business-related degree (ELPAs require 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 1/2/2019

Maybe we don’t get thanked everyday, but . . . …we are committed to providing world-class service at a reduced cost to the military members and their families. 1/2/2019

Your Financial Partner @ Work DFAS Your Financial Partner @ Work WWW.DFAS.MIL