State of Washington Class Specification
Positions conduct a financial analysis to determine the financial stability and claims liability and surety requirement of self-insured employers; or audits individual proprietors, business, and governmental agencies of small and medium size accounts for fuel licensees, sales tax, businesses operating under the International Fuel Tax Agreement (IFTA) or International Registration Plan (IPR) and refund claimants; positions plan and coordinate the activities of a compliance audit section. Positions may lead or supervise lower level staff.
Performs analytical tasks to determine the financial ability of an employer to pay claim liabilities and to establish their surety requirements;
Performs analytical testing of claim liabilities and computes loss development factors to apply to reported reserves; responsible for obtaining surety bonds, letters of credit and escrow agreements; determination of adequate coverage of claims liability;
Performs analysis of audited financial statements to determine quality of earnings, liquidity and debt level;
Conducts audits of workers compensation trusts, testing the adequacy of pooled funds to meet expected claim liabilities;
Processes requests for reimbursement of supplemental benefits paid, auditing accuracy of time loss compensation, loss of earning power payments and Social Security offset payments; authorizes reimbursement;
Establishes pension accounting records; makes billing for recovery of benefits paid;
Completes pre-audits of accounts to determine methods that will be used in field examination of records, including the preliminary preparation of audit work papers, schedules and summaries to be used in the audit;
Independently plans, coordinates and conducts comprehensive compliance audits and/or investigations of small to medium size accounts to evaluate and determine the accuracy of accounting and financial systems, procedures and internal controls of businesses and government agencies for the state of Washington and on behalf of other member states and foreign jurisdictions;
Analyzes accounting systems and determines the auditing procedures needed to conduct individual audits;
Evaluates and verifies financial records; evaluates internal control systems used in the taxpayer’s accounting system, and accounting procedures supporting financial records using sampling techniques, and makes recommendations for improvement;
Analyzes cost/benefits to determine and recommend best alternative courses of action to identify and correct deficiencies and inaccuracies;
Conducts entrance conferences with individual proprietors, businesses, and governmental agencies. Reviews period of time to be audited, records required for audit, explanation of the audit process, acquires accounting/financial information and answers questions presented;
Conducts closing conferences with individual proprietors, businesses and governmental agencies;
Recommends changes, which will improve financial records, systems procedures and internal controls;
Assists individual proprietorships, businesses and governmental agencies in implementing these changes;
Supervises the audit functions of vehicle and vessel revenue, audit functions and activities of county auditors and subagents appoint to license vehicles and vessels and collect fees;
Trains subordinate auditors in techniques of field auditing;
Determines county auditors and subagents to be audited and approves all arrangements regarding audit preparation work and extended travel for out-of-headquarters trips;
Assists, develops, and advises administrators in the drafting of new/revised legislation, rules, and regulations;
Assists staff of Attorney General’s Office and law enforcement agencies in cases of suspected theft, fraud, or other illegal operations;
Positions may lead or supervise lower level staff.
Knowledge and Abilities
Knowledge of: accounting and auditing techniques; local sales tax; collection and refund procedures; supervisory and training techniques.
Ability to: interpret and apply provisions of new or revised laws, rules, and regulations; make adjustments to initial determinations; analyze accounting and audit programs; understand, apply, interpret applicable law, rules, and regulations; prepare complete and accurate audit summaries; work effectively with internal and external individuals; communicate effectively, both orally and in writing.
There may be instances where individual positions must have additional licenses or certification. It is the employer’s responsibility to ensure the appropriate licenses/certifications are obtained for each position.
Positions typically require a Bachelor’s degree which includes at least 18 quarter or 12 semester hours of accounting or auditing
two or three years of professional accounting or auditing experience.
Class Specification History
New classes effective January 2006 (replaces 13820 Surety Analyst 1, 16010 Prorate Fuel Tax Auditor).
General revision. Revises definition (formerly distinguishing characteristics). Merges 13280 Licensing Compliance Auditor 3 into the existing Auditor 3 classification; adopted May 10, 2007, effective July 1, 2007.