Defense Finance and Accounting Services (DFAS) is an agency within the U.S. Department of Defense (DoD) that provides comprehensive finance and accounting services to military and civilian customers across the federal government. As one of the most critical financial management organizations in the federal landscape, DFAS handles the payment of military and civilian personnel, retirees, annuitants, and major DoD contractors. The agency is responsible for over $500 billion in disbursements annually, making it one of the largest government finance operations in the world.

DFAS also offers essential services such as accounting reconciliation, financial reporting, debt and claims management, and travel payment processing. Its operations comply with all federal financial management laws and standards, ensuring transparency and accountability. With a strong culture of fiscal responsibility and operational excellence, the organization is instrumental in maintaining the financial integrity of defense spending and budget execution.

DFAS is also involved in continuous systems improvement and process innovation. Through digital transformation initiatives and strong cybersecurity practices, DFAS enhances efficiency and safeguards sensitive financial information. The agency is committed to supporting military readiness and national security through its accurate, timely, and reliable financial operations.

Website: https://www.dfas.mil/

Key Services:

– Military and civilian payroll processing
– Military retiree and annuitant pay services
– Accounting and financial statement preparation for the DoD
– Vendor and contractor payment services
– Debt and claims management
– Travel and relocation reimbursement payments
– Audit readiness and financial compliance support
– Financial systems development and support
– Budget reporting and financial reconciliation
– Customer service and financial education for military members