JOB TITLE: ASSISTANT AUDIT EXECUTIVE, PSERS

JOB CODE: 03630

DEFINITION: This is highly responsible professional and specialized supervisory audit work managing the examination of financial and operational processes and information technology systems for fiscal control, security, and compliance at the Public School Employees’ Retirement System (PSERS).

An employee in this job directs complex accounting, operational, and information technology audit functions and provides consultation to agency leadership regarding risk control and management. Work involves developing and reviewing audit reports and work papers, preparing and revising audit standards and instructions, and planning and directing a training program for auditors. Work includes making recommendations to agency leadership regarding the implementation of new policies and procedures and overseeing audit and compliance related functions of third-party administrators and assigned agency program areas. Supervision is exercised over professional staff. Work is assigned by the Manager Investment Office PSERS and reviewed through conferences and reports for adherence to established regulations, policies, and rules.

EXAMPLES OF WORK: (NOTE: The examples of work are representative of the work, but every position classified to this job may not perform all examples of work listed. Conversely, this is not an all-inclusive list of work examples.)

• Plans and directs the auditing of financial, operational, and information technology accounts and records to determine compliance with provisions of applicable laws and regulations.

• Develops programs to provide internal and special focus audits for all major agency activities, such as the Health Options Program and Defined Contribution Plan.

• Leads and participates in the selection of external audit service providers, manages contract terms, oversees contracted external staff and evaluates their performance, and provides periodic updates to agency leadership.

• Oversees and assists in the enforcement of the Fraud, Waste, and Abuse Reporting and Investigation policy.

• Directs the testing and documenting of information technology controls related to downstream processes, including financial transactions and benefit processing.

• Reviews and supervises the review of audit planning reports and audit work papers and oversees the preparation of summary reports.

• Prepares regular and periodic activity reports and special reports on matters requiring a decision or interpretation by agency leadership.

• Participates in matters involving controversial and difficult policy and regulatory problems.

• Serves as a liaison to commonwealth agencies and external vendors for matters relating to audit and compliance functions for PSERS.

• Performs the full range of supervisory duties.

• An employee in this job participates in the performance of subordinates’ work consistent with operational or organizational requirements.

• Performs related work as required.

ENTRY LEVEL KNOWLEDGES, SKILLS, AND ABILITIES:

• Knowledge of security standards and methods applicable to accounting, auditing, and information technology.

• Knowledge of current trends and developments in auditing and accounting systems.

• Knowledge of information technology systems and security capabilities used in processing financial transactions.

• Knowledge of strategic and operational planning as related to accounting, auditing, and information technology functions.

• Knowledge of the use and functionality of Microsoft Office Suite software.

• Ability to analyze and interpret written and numerical information.

• Ability to determine significant accounting issues and recommend effective corrective measures.

• Ability to communicate effectively in writing.

• Ability to communicate effectively orally.

• Ability to establish and maintain effective working relationships.

MINIMUM EXPERIENCE AND TRAINING: (NOTE: Based on the Entry Level Knowledges, Skills, and Abilities)

• One year of experience as a Senior Internal Auditor, PSERS (commonwealth title);

or

• Five years of professional accounting, financial auditing, or information technology auditing experience, and a bachelor’s degree that includes or is supplemented by 18 college credits in accounting, finance, or information technology;

or

• An equivalent combination of experience and training that includes or is supplemented by 18 college credits in accounting, finance, or information technology.