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.
This class is used for employees who are performing journey-level auditing duties. Some positions have supervisory or lead worker responsibilities.
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 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.
An associate's degree and experience in accounting, auditing, finance, insurance, or tax preparation/analysis. A bachelor's degree with multiple accounting courses may be substituted for the work experience.