It turns out that some SharePoint service applications do not appear under the Application Management->Manage Service Applications->New dropdown menu because Microsoft chose not to add them.
In order to create them - you cannot use CA, you must rely on PowerShell as discussed in this MS TechNet post.
PowerShell to Create PowerPoint Service Application and Proxy
New-SPPowerPointConversionServiceApplication -Name "PowerPoint Automation Service" -ApplicationPool "SharePoint Web Services Default"
New-SPPowerPointConversionServiceApplicationProxy -Name "PowerPoint Automation Service" -ServiceApplication "PowerPoint Automation Service"