Basic Careers in the Federal Government Department of Defense Finance and Accounting Service (DFAS) Operating Forces January 22, 2002 IU POOPs Program
Federal Government Accounting Provide responsive, professional finance and accounting services for the people who defend America 2
World’s Largest Finance and Accounting Operation! Annual Figures Ø 5. 5 M military, civilians, retirees, annuitants paid Ø $299 B in disbursements Ø $13 B in Foreign Military Sales Ø $171 B Retirement Trust Fund manager Ø 100 M accounting transactions Ø 11 M invoices paid Ø 6. 7 M travel payments Ø 231 active Do. D appropriations
When we reduce finance and accounting support costs by $5. 3 million. . . …the Army can buy a Bradley fighting vehicle
Types of Financial Management Positions and Requirements Ø Ø Ø Typical Entry-level Assignments: Financial Specialist, Accountant, Auditor, Budget Analyst, Systems Analyst Requirements: Bachelor’s degree in businessrelated field, 3. 0+ GPA, 24 hours of accounting for accountant/auditor. Future executive development emphasis placed on Master’s Degree and one certification. Personal Characteristics: Leadership, Initiative, Customer-relation skills
Salary and Advancement Ø Ø Ø Entry level: Start at GS 7, approx. $40, 000/year, one year later promoted to GS 9, $43 K/year, one year later promoted to GS 11, $46 K/year. Typical Career progression: GS 7 (in training), 9 (in training), 11 (subject matter expert on team), 12 (team supervisor), 13 (branch chief supervisor), 14 (division chief supervisor), 15 (director), SES (top business line executive) Performance reviews: Quarterly feedback with annual appraisals given by supervisors
Two-Year Training Program for Entry. Level Professional Accountants (ELPA) Ø Goal: Recruit quality talent. Challenge them. Prepare them to become future leaders. Retain them. Ø Keys to Success: Ø Caring & nurturing relationships with supervisor and mentor Ø Networking/social activities with fellow ELPAs Ø Providing meaningful work assignments Ø Involvement by senior managers
Two-Year ELPA Program Specifics Ø Developed program to master 8 competencies Ø Coursework (Budgeting, Appropriation Law, Web) Ø Assignments (Select a mentor, review certification requirements, role play, submit a Bright Idea and peer award, flowchart a process, prepare a briefing and brief senior manager, network with senior managers) Ø Rotations (required and optional) Ø Misc. (monthly meetings/breakfasts/social events and annual business trip/conference)
Tangible Benefits Ø Ø Ø Ø 5% matching retirement plan + medical benefits Within grade increases and COLAs 10 Federal holidays 40 hour work weeks Comp and flex time (limited overtime pay) Earn 4 hours sick time every two weeks - can be used for family care Years 1 -3, earn 4 hours vacation time every two weeks years 4 -14, earn 6 hours vacation time every two weeks years 15+, earn 8 hours vacation time every two weeks Travel
Intangible Benefits Ø Ø Federal workforce is aging creating fast upward mobility. Prestigious awards, performance bonuses, and exciting training opportunities. Opportunity to make a difference. Wide variety of locations to transfer internally and externally (within Do. D or other Federal agency).
DFAS Centers and Field Sites DFAS Arlington, VA Client: DLA Columbus Accounting Services Columbus Commercial Pay Services Client: Air Force Denver Center Dayton, OH Limestone, ME Omaha, NE San Antonio, TX * San Bernardino, CA Client: Navy Cleveland Center Charleston, SC Japan * Norfolk, VA * Oakland, CA Pacific (HI) * Pensacola, FL San Diego, CA * Supports Army Customers Client: Army Operating Forces Indianapolis Client: Kansas City Center Europe (GE) Lawton, OK Lexington, KY Orlando, FL Rome, NY Seaside, CA Clients: Army / Defense TI 97 Sustaining Forces Indianapolis St. Louis, MO Rock Island, IL Marine Corps
Maybe we don’t get thanked everyday. . . …but we owe it to the military members and their families to continue to provide world-class service at reduced cost.
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