AD08 - Auditor II
General Nature of Work:
Performs paraprofessional and/or professional auditing duties to determine the accuracy, documentation, legality and reliability of accounting records, statistical reports, financial statements, procurement procedures, tax returns, insurance premium fees and employer-submitted contribution reports to ascertain compliance with laws and regulations.
Guidelines for Class Use/Distinguishing Characteristics:
This class is intended for use at the journey level of the auditing series.
Examples of Work:
(Note: The examples of work listed in this class specification are not necessarily descriptive of any one position in the class. The omission of specific statements does not preclude management from assigning specific duties not listed herein if such duties are a logical assignment to the position. The intent of the listed examples is to give a general indication of the levels of difficulty and responsibility common to all positions in this class.)
Inspects accounting files to determine the existence of sufficient documentation for journal or ledger entries; tests samples of past accounting transactions, such as routine disbursements and receipts, for accuracy, endorsement and correct posting.
Reviews previous audit reports, working papers and supporting files; reviews the objectives, organizational structure and statutory rules or policies of audited entities; diagrams operating systems to show work processes in detail.
Performs audits on debits, contribution and wage reports, total and taxable wage items and payroll totals; verifies accuracy and assesses interest and penalties as necessary; adjusts any errors or irregularities; verifies accuracy of all audits and assignments submitted by field service personnel.
Participates in planning, organizing and implementing audit policies and procedures in all areas of procurement; conducts periodic audits to ensure compliance; recommends dollar limits for direct agency procurements.
Performs examination of all source documentation to ensure that amounts are paid from proper accounts and that all calculations are correct.
Prepares tax returns for computer processing by coding, batching and making on-line error corrections of returns for two or more types of taxes administered in the assigned tax area.
Conducts complex tax return office audits, resolves tape match error lists and makes proposed adjustments for two or more types of taxes administered in the assigned tax area.
Confers with local assessing officials in matters pertaining to ad valorem tax laws.
Confers with taxpayers, accountants and attorneys concerning South Carolina property tax laws.
Applies statutory accounting procedures to audits; analyzes and interprets data contained in tax returns to determine compliance with the code and to determine tax liabilities and/or credits; researches and analyzes tax refund requests.
Assists in reviewing financial statements of companies licensed to sell insurance in the state; ensures that insurance companies satisfy state financial requirements; investigates and reviews the financial background of companies applying for admission to the state.
Participates in field examinations of insurance companies; examines documents, records of transactions and books of account.
Conducts special audits such as school enrollment statistics, student financial accounts, food service operations, reimbursed traveling expenses, assistance programs, client certification procedures, equipment usage, maintenance and storage practices, property rents and space utilization, revolving or other funded projects, agricultural warehouses, petroleum supplies, insurance payments, agency personnel policies and procedures and management information systems.
Reviews each procurement operation as to efficiency of operation, competitiveness, documentation of files, contract administration, disposal of supplies and equipment, minority business participation, training, certification, fiscal accountability reporting and compliance with ethic statutes.
Recommends corrective actions to the Budget and Control Board.
Assists state agency financial personnel in resolving routine problems; prepares and distributes financial reports for internal and external agency use.
Participates in training by serving as classroom instructor or on-the-job instructor.
Performs technical audits of exempt and business personal property tax returns and initial audits of manufacturing returns.
Corresponds with and answers telephone inquiries of company officials regarding interpretation and application of various tax laws and problems.
Assists in compiling the annual report of the Insurance Department; assists other sections in the compilation of data from financial statements.
Assists in licensing and renewing licenses of insurance companies.
Inspects budgets, reviews the use of item classification codes, tests the apportionment of revenues to multiple funds and determines whether expenditures plus encumbrances were within appropriations.
Knowledge, Skills and Abilities:
(Note: The knowledge, skills and abilities listed are not necessarily inclusive of the requirements for every position in the class.)
Knowledge of the principles, practices, methods and theories of accounting, auditing and/or insurance.
Knowledge of budgetary practices.
Knowledge of EDP system adaptations, state financial transaction procedures, the Department of Revenue's data processing system or on-line computer systems for the types of taxes administered in the assigned tax area.
Knowledge of federal and state laws and regulations relevant to the area of auditing responsibility.
Knowledge of management principles and practices.
Knowledge of rate making procedures and practices.
Skill in the use of calculators and CRTs.
Ability to analyze and verify accounting, statistical and financial data.
Ability to communicate effectively.
Ability to establish and maintain effective working relationships with others.
Ability to interpret and explain laws, procedures and policies to other individuals.
State Minimum Training and Experience
State Necessary Special Requirements:
(Note: Additional requirements may be applicable for individual positions in the employing agency.)
A high school diploma and experience in accounting, auditing, bookkeeping, insurance, procurement or unemployment insurance.
MUSC Minimum Training and Experience Requirements:
A high school diploma and two years experience in accounting, auditing, bookkeeping, insurance, procurement or unemployment insurance.
MUSC Physical Requirements: