1. Your Financial Partner @ Work 1 Department of Defense Defense Finance and Accounting Service Indiana University October 3, 2002 Ron Cox & Noah Sturgeon

2. Your Financial Partner @ Work 2 DFAS Mission We are the Accounting and Financial Reporting Arm of the Department of Defense We are the Accounting and Financial Reporting Arm of the Department of Defense

3. Your Financial Partner @ Work 3  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 Our Vision

4. Your Financial Partner @ Work 4 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. Some History on DFAS

5. Your Financial Partner @ Work 5 DFAS Locations San Antonio Pensacola Orlando Hawaii Limestone Rome Arlington, HQ Norfolk Charleston Japan Oakland San Bernardino Seaside San Diego Denver St. Louis Kansas City Omaha Lawton Dayton Indianapolis Lexington Rock Island Columbus Europe Cleveland

6. Your Financial Partner @ Work 6  World’s largest finance and accounting operation - 17,000 employees  Service 5.5 million military members, military retirees and annuitants, and DoD civilians  Manage 231 active DoD Appropriations worth $517B  Manage a $171B Retirement Trust Fund  $299 billion in disbursements annually  Process 11.1 million commercial invoices  600,000 travel payments and settlements  100 million accounting transactions annually DFAS is Big Business

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

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

9. Your Financial Partner @ Work 9 What’s In It For You???  Tuition assistance  Work-life balance  Other benefits

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

11. Your Financial Partner @ Work 11 Work-Life Balance  Flexible work schedule  Typical 40 hour work week  Flexible vacation scheduling  On-site child care (at some areas)

12. Your Financial Partner @ Work 12 Other Benefits @ DFAS  Health and Life insurance  401K and matching funds  10 paid holidays  Paid sick days  Competitive salaries  Professional development

13. Your Financial Partner @ Work 13 Professional Development Entry Level Professional Accounting Program 2-3 Year Professional Development Program  Noncompetitive advancement to target grade  Coaching and Mentoring  Formal training courses  Developmental & rotational assignments

14. Your Financial Partner @ Work 14 Rotational Assignment Examples Provide technical experience, access to key leaders, and an overall view of DFAS Other Business Lines Rotation Other Business Lines Rotation Internal Review Rotation DFAS Field Site Rotation DFAS Field Site Rotation Military Installation (Customer) Rotation Military Installation (Customer) Rotation Multiple Accounting Process Rotations Multiple Accounting Process Rotations Disbursing Rotation Disbursing Rotation Budget & Administrative Services Rotations Budget & Administrative Services Rotations Systems & Procedures Rotation Systems & Procedures Rotation

15. Your Financial Partner @ Work 15 Entry Level Professional Accountant Program  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

16. Your Financial Partner @ Work 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.

17. Your Financial Partner @ Work 17 Candidate Requirements  Minimum 3.0 GPA  Demonstrated record for success  Strong leadership potential  Professional demeanor  Interpersonal skills  Match our Core Values Integrity, Innovation, Service  Completion of Bachelor’s Degree in Accounting or related business degree with 24 sem cr hrs of Accounting coursework.

18. Your Financial Partner @ Work 18 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.