AD10 - Auditor III
General Nature of Work:
Examines and analyzes business and individual tax returns, electronic data processing systems and/or an organizations activities and operations to ascertain financial status, accuracy of data, efficiency or compliance with laws and regulations.
Guidelines for Class Use/Distinguishing Characteristics:
This class is used for employees who are performing journey-level auditing duties. Some positions have supervisory or lead worker responsibilities.
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 for accuracy, endorsement and correct posting.
Examines financial records and interviews employees to ensure recording of transactions and determine compliance with laws and regulations.
Conducts audits of the accounts of individuals, partnerships, fiduciaries, small businesses, banks, savings and loans and domestic corporations to verify the accuracy of returns filed and to ensure compliance with South Carolina income tax, sales and use tax, license, motor fuel and gasoline tax and estate and gift tax laws.
Confers with taxpayers and/or their representatives in matters pertaining to tax laws.
Reviews 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.
Supervises employees, completes employee performance appraisals and participates in training by serving as classroom instructor, technical leader or on-the-job instructor.
Concludes settlements subject to appeal to the Department of Revenue.
Instructs providers and/or accountants in the proper completion of cost reports, in changes in desk audit policies and practices and in changes in state and federal regulations.
Audits computer application systems, system software, documentation and controls; identifies problems and recommends solutions.
Evaluates specifications and system designs, tests transactions and determines the effectiveness and efficiency of systems.
Directs the examination, analysis and computation of insurance company tax returns to determine compliance with statutory requirements.
Reviews and classifies assets, liabilities, notes, collateral loans and mortgage loans; verifies and evaluates collateral and other supporting data.
Verifies cash and securities owned; examines and analyzes profit and dividend statements and policies.
Writes audit reports to document findings and recommendations.
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.)
An associate’s degree and experience in accounting, auditing, finance, insurance or tax preparation/analysis.
MUSC Minimum Training and Experience Requirements:
An associate’s degree and three years experience in accounting, auditing, finance, insurance or tax preparation/analysis.
MUSC Physical Requirements: