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DFAS Careers

  • 10:00 AM - 3:00 PM
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About

 

Defense Finance and Accounting Service

We are . . .

The world’s largest finance and accounting operation.

Our Vision . . .

To be a recognized leader in financial management by consistently delivering first-class service and products.

Our Mission . . .

Lead our customers in finance and accounting by ensuring the delivery of efficient, exceptional quality pay and financial information.

Our Core Values . . .

Integrity:Doing what is right
Service:
Striving to be a trusted financial partner
Innovation: Creating new ways to do business

Our Agency . . .

DFAS was established in 1991, chartered to provide finance and accounting services for Department of Defense components during times of peace and conflict. The Agency supports military and civilian DoD and other federal customers throughout the world. Our mission emphasizes the importance of DFAS’ leadership role in standardizing and improving finance and accounting activities across the Department.

 

DFAS pays all DoD military and civilian personnel, retirees, annuitants, and major DoD contractors and vendors. The Agency also provides services to customers outside the DoD in support of electronic government initiatives. Those customers include: Executive Office of the President, Department of Energy, Department of Veterans Affairs, Department of Health and Human Services, and Broadcasting Board of Governors.

 

In 1995, DFAS was also established as a Fourth Estate Regional Service Center for human resources operations to provide overhead efficiencies for Defense Agencies and Office of the Secretary of Defense components. DFAS currently provides HR services for eight Fourth Estate customers.

 

Primarily financed as a working capital fund, rather than being funded through direct appropriations, DFAS bills its customers for the costs required to provide them goods and services. The Agency sets annual billing rates for services two years in advance based on anticipated customer workload and estimated costs calculated to offset any prior year gains or losses.

 

DFAS operations are subject to oversight by the DoD as well as the executive and legislative branches of the federal government. DFAS has consistently managed resources with a forward-looking focus on anticipated customer workload and efficiently achieving its required financial operating results. The Agency has the strategic goal of providing services at the best value for our customers. Optimal value is delivered through the Agency's continuous search for innovation, resource savings, efficiencies, and enhanced business practices and controls.