The Auditor applies professional accounting and auditing knowledge, standards and principles, laws, and regulations while performing functions including, but not limited to: examination and appraisal of financial records, financial and management reports, management controls, policies and practices affecting or reflecting the financial condition and operating results of an activity; analyzing work related to the developing and executing audit policies and programs; conducting activities related to the detection of fraud, waste, and abuse; conducting in-person, telephone, and on-site investigative interviews; preparing audit reports; and recommending corrective action plans. Auditors also determine, educate, and advise on the Federal tax liability of individual and business taxpayers.
Auditors with a specialization in financial or performance audits may perform a range of duties including, but not limited to:
Examines records and interviews workers to ensure recording of transactions and compliance with laws and regulations
Maintains records for each account, including contacts, telephone numbers, and actions taken
E xamines and reviews financial accounts, financial reports, and practices affecting or reflecting the financial condition of an activity
Collects and analyzes data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies
Prepares detailed reports on audit findings
Inspects account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions
Examines records and interviews workers to ensure recording of transactions and compliance with laws and regulations
Examines and evaluates financial and information systems, recommending controls to ensure system reliability and data integrity
Reviews data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures
Confers with City officials about financial and regulatory matters
Reviews accounting, financial, control, and operating records and other data to determine level of compliance with established policies, procedures, and guidelines relevant to a specific activity
Inspects account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions
Prepares audit reports containing data on records audited, test checks made, conclusions reached, exceptions taken, objections made by audited party, and proposed action
Audits payroll and personnel records to determine unemployment insurance premiums, workers' compensation coverage, liabilities, and compliance with tax laws
Identifies irregularities or discrepancies in recordkeeping, controls, or operations of a specific area
Examines and evaluates financial and information systems, recommending controls to ensure system reliability and data integrity
Develops audit plans and defines problem areas for the comprehensive analysis of the overall operations of an organizational entity to predict the effects of proposed policies
Conducts examinations that include investigating accounting records reflecting the complete range of reorganizations, mergers, leveraged buyouts, capitalization, or other similar business transactions
Conducts examinations that involve points of law, that are without precedent and that require intensive and extensive legal research to locate cases and evaluate potential effects of decisions or interpretations
Develops audit approaches to evaluate a variety of programs and accounting systems. Audit approaches vary widely because of the variability of subject programs and systems due to differences in organization or mission, technological advances, or changes in regulations. Prepares audit reports to provide information on program operations and identifies causes of deficiencies or problems. Recommends corrective actions such as modifying management systems, financial and accounting systems, workflow, lines of authority, and other corrective actions.
Performs special projects and other duties as assigned
Professional, comprehensive knowledge of theories, practices, methods, and techniques of accounting and, as required, auditing and organizational or program practices, policies, and functions sufficient to do experienced level work:
Concepts, principles, methods and practices of public, private, and governmental accounting, auditing, and tax code
- Standardized bookkeeping processes, accounting terminology, and generally-accepted accounting procedures (GAAP), accounting techniques, and other financial rules and regulations
- Federal and state laws, City of Detroit Income Tax Ordinance, uniform rules, regulations, guidelines, policies, precedents, business law, corporation finance, and economics related to the area of work
- Federal Single Audit Act and Office of Management and Budget Circular A-133 rules and regulations
Rule Rules and regulations as stipulated by Governmental Accounting Standards Board (GASB) and Generally Accepted Auditing Standards (GAAS)
Conducting investigative interviewing, writing reports, and making public contacts
- Techniques commonly used in locating errors in accounting records
Structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar
- Conducting investigative interviewing, writing reports, and making public contacts
Procedures used in collecting delinquent accounts
Techniques commonly used in locating errors in accounting records
Enterprise resource planning systems for finance, budget, general ledger, human resources, and other management systems and software programs
Skill in:
Developing succinct written reports to management
Communicating effectively, both orally and in writing
Presenting concise financial information to a variety of audiences
Demonstrated analytical and problem solving skills
Interpersonal skills to interact effectively with personal contacts in a business-like, customer service oriented manner, and maintain favorable public relations
Use of personal computers
Use of Microsoft Office (e.g. Word, Excel, Access, PowerPoint), and other office suite software packages
Use of Excel (e.g. Formulas, Pivot Tables, Vlookup, Hlookup, other functions, charts, tables) and other financial management software packages functionality
Use of large complex, multi-departmental financial systems, and demonstrate the knowledge required to interpret resulting financial and accounting reports, summaries and budgets
Ability to:
Combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events)
- Interpret and apply laws, regulations, and administrative policy to such matters as methods of budgeting, computation of grants, and determination of eligibility
- Maintain general and subsidiary ledgers and journals and prepare, analyze, and maintain regular financial statements and reports to the extent necessary
- Tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem
Read and understand information and ideas presented in writing
Communicate information and ideas in spe