AUDITOR I

Position Summary

The Auditor I position will examine and analyze accounting records, conduct compliance audits pertaining to liability, non-compliance UI reporting issues and misclassified worker issues, and assist in training of other auditors. This position will collect on delinquent reporting and assist in the department achieving Department of Labor and Internal Audit goals. This position is governed by state and federal laws and agency/institution policy. The role requires a high level of accountability in delivering expected audit quota and actively working with employers to ensure current status reporting, ensuring compliance with state and federal regulations and agency policies. Success in this position depends on strong communication skills to effectively engage with employers and TPAs, and a focus on efficiency in completing audits timely and accurately.

Job Responsibilities And Expected Results

• Gathers information, analyzes, and reviews Arkansas tax laws to prepare for audit, and schedules tax audits; then prepares audits based on findings.
• Examines and analyzes various financial records to determine if a tax liability, a no-tax due, or a refund situation exists.
• Presents audit results to taxpayers or taxpayers to explain audit findings, answer questions regarding taxpayers' legal responsibilities and right to appeal.
• Conduct compliance and/or financial audits to verify accuracy of internal fiscal and administrative controls.
• Discover misclassified workers yearly.
• Audit a minimum of 74 million in total wages.
• Secures agency status reports to open and close employer accounts, and delinquent quarterly wage reports with payment.
• Completes adjustment forms to correct employer's account information.
• Works assignments on employers who are misclassifying workers as independent contractors.
• Attends agency liability hearings that involve assignments worked in which employer is appealing determination.
• Works and trains new field tax representatives on how to perform the job duties as a field tax representative.
• Communicates with agency Central Office staff concerning processing errors or problems with employer accounts.
• Review and verify case information for accuracy in following regulations, laws, policies, and procedures.
• Occasional travel.
• Performs other duties as assigned.

Position Information

• Job Series: Financial – Auditors
• Classification: Auditor I
• Class Code: FAU03P
• Pay Grade: SPC01
• Salary Range: $58,700 – $86,876

Job Summary

The Auditor I is responsible for examining and evaluating an agency’s or organization’s financial records, operations, and internal controls to ensure accuracy, compliance, and efficiency. This role involves conducting audits to identify risks, inefficiencies, or irregularities and providing actionable recommendations to improve processes. The Auditor I works closely with management and a variety of assorted personnel in an attempt to ensure financial integrity, regulatory compliance, and organizational effectiveness.

Primary Responsibilities

• Cover conduct thorough audits of financial statements, operational processes, and internal controls.
• Examine financial records and transactions to ensure accuracy, completeness, and adherence to applicable laws, regulations, and accounting standards.
• Identify risks, inefficiencies, and areas for improvement, and provide recommendations to strengthen internal controls and processes.
• Prepare detailed audit reports outlining findings, conclusions, and recommendations for management.
• Monitor and follow up on the implementation of corrective actions and process improvements.
• Assess compliance with agency or organizational policies, industry regulations, and accounting standards.
• Collaborate with management to evaluate new processes, systems, or projects for potential risks and control adequacy.
• Conduct special audits or investigations related to fraud, compliance violations, or other high-risk areas.
• Stay updated with changes in regulations, industry standards, and best practices in auditing and accounting.
• Assist in the development and improvement of auditing methodologies, procedures, and tools.