Entry-Level Professional Accountant Program (ELPA)

1. Entry-Level Professional Accountant Program (ELPA) Entry-Level Financial Analyst Program (ELFA) Mike Anderson (ELPA) Sean Wuethrich (ELFA) June 4, 2014

2. DFAS Mission

3. Our Vision • World-class Provider of Finance and Accounting Services • Trusted and Innovative Financial Partner • Employer of Choice, Providing a Progressive and Professional Work Environment • One Organization, One Identity

4. Some History on DFAS DFAS was created in 1991 by the Secretary of Defense to aid the Department of Defense in: • Reducing Finance & Accounting Operating Costs • Strengthening Financial Management • Consolidating Finance & Accounting Services.

5. 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 $517Billion • Manage a $176 Billion Retirement Trust Fund • Disburse $346.6 Billion Annually • Process 11.2 Million Commercial Invoices • Administer 7.3 Million Travel Payments and Settlements • Oversee 124 Million Accounting Transactions Annually

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

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

8. DFAS Entry Entry Level Level Professional Financial Accountant Analyst ELPA/FA Program

9. Entry-Level Professionals ELPA/FA is…. • Professional Development • Individual Development • Earned Benefits

10. Professional Development Entry Level Professional Accounting (ELPA/FA) Program Three-Year Professional Development Program • Advancement to Target Position • Developmental Assignments • Coaching and Mentoring • Formal and Informal Training Courses • Support & Career Incentives in Obtaining Professional Certifications (CPA, CDFM, CGFM, etc.) • Membership Eligibility in Professional Organizations • Association of Government Accountants (AGA) • American Society of Military Comptrollers (ASMC) • Blacks in Government (BIG)

11. Career Path Comparison Organizational Hierarchy Public Accounting Firm DFAS Executive Partner • Approximately 80% of the workforce are at the professional or journey levels. • Employees advanced through a combination of education, training, and experience. Management Senior Manager Professional Manager Journey Senior Staff Entry Staff

12. Areas of Opportunity Other Assignments On-the-job training Two (or more) short rotations with other business lines (vendor, travel, or military pay) Graduate into Permanent Placement Three Year Professional Development Developmental Assignments • Disbursing • Systems • Accounting • Internal Review • Financial Reporting • Operations • E-commerce • Military Pay • Travel Pay

13. Individual Development • Network & Communicate within a Diverse Organization • Staff, Management, Executives • Military Personnel • Contractors • Private Sector Employees • Individual Development Plan • Map your way to success • Core ELPA/ELFA Development • Individual Elective Training • Build Your Own Skills • Travel Opportunities • Mentoring Social Events • Informal Gatherings and Events

14. Individual and Professional Development • Tuition Assistance • Generous Continuing Education Tuition Reimbursement • Books Expenses Covered • Lab Fees Reimbursed • Review Courses and Certification Prep • CPA Certification • Becker Review Course • Successful Completion of Modules Covered • Professional Association Certifications • Fully Funded Review Course • Successful Completion of Modules Covered

15. Benefits of DFAS • “Truly” Compensated for Work Performed • Work Schedule & Work-Life Balance • Leave Accumulation • Annual Leave • Sick Leave • Employee Assistance Program (EAP) • Flexible Spending Accounts • Wellness and Physical Fitness Programs • Fitness Membership Discounts • On-site Fitness Facilities

16. Benefits of DFAS Other Employment Benefits • Health and Life Insurance • 401K and Matching Funds • 10 Paid Holidays

17. Mike Anderson’s Typical Day (1st Year ELPA) 7:30 Arrive at the Office and Get “Settled In” 7:45 Check Email 8:00 Prepare for Team Meeting 9:00 Meeting With Financial Systems Team 10:15 Conference Call with Team at DFAS-Denver 10:45 Work on and Evaluate Customer Bill Analysis 12:00 Lunch with a Senior Manager 12:30 Answer Afternoon Emails and Work on Catch-up Projects 1:00 New Financial Systems and Processes Presentation to Customers 2:30 ELPA Meeting with DFAS-Indy Director, Steve Bonta, to Discuss Organizational Goals 3:30 Take Feedback to Systems Analysts and Discuss New Requirements 4:00 Leave for Home

18. Candidate Requirements • An ELFA Candidate Needs to Complete a Bachelor’s Degree in any Business-Related Field • An ELPA Candidate Needs to Complete a Bachelor’s Degree in Accounting or Business-Related Degree with 24 Semester Credit Hours of Accounting Coursework

19. Key Attributes • Targeting Candidates with Evidence of Strong Academic Achievement • Demonstrated Record of Success • Strong Leadership Potential • Professional Demeanor • Interpersonal Skills • Match Our Core Values • Integrity, Innovation, Service

20. DFAS Internship Opportunities

21. Developmental Programs - Internships • Internships • Program consists of: • 70% OJT with seasoned accountant • 20% corporate, group research project with final presentation • 10% topical briefings, networking (lunches, field trip, manager meetings), and other assignments (BSC) • 27 interns DFAS-Indianapolis in Summer, 2005; at least 30 planned for 2006 Indiana University Summer Finance and Accounting Interns 2005

22. 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.

23. Hope to see you at DFAS Your Financial Partner@Work

24. Areas to Work Disbursing Systems Accounting Operations Military Pay Travel Pay E-Commerce Financial Reporting Interning at DFAS • Orientation-Based Training • Become Familiar with DoD Operations and Personnel • Government Systems • Government Hierarchy • Military Ranks • Work Environment • Major Processes • Encouraged to Take Initiative and Learn • Unlimited Learning and Personal Development Opportunities

25. The DFAS Difference • Assigned a Sponsor and Peer Advisor • Teamwork Based Environment • Treated as a Full-time Employee • Encourage to Provide “Fresh” Perspective & “Out of the Box Thinking” • Challenged to Produce Results • Individual and Intern Group Summer Projects • Pushed to be Innovative and Challenged to Succeed • Won the Indiana Award of Excellence in 2002 by the Indiana INTERNnet Awards • Won the Indiana Best of the Best Award in 2003 by the Indiana Intern Awards (Lilly Endowment)

26. The DFAS Difference • Access To Key Leaders in the Organization • Formal Gatherings • Informal “Open Door Policy” to All Employees • Intern Trips to Military Installations • Experience First Hand Who the Customers Are • View DoD and Military Operations • Network with Military Personnel • Intern Social Events • Indianapolis Indians Game • Miniature Golf • Golf Outing • Cookouts

27. Three-Year Professional Development Program • Development Ongoing Throughout Program • Comprehensive Training • Special Projects • Site/Customer Visits • Leadership/Networking Conferences • Meetings with Senior Managers • Professional Association Luncheons • Topical Briefings