County of Alameda

DESCRIPTION

Under general direction, to audit, examine, analyze and verify fiscal records and documents for compliance with Generally Accepted Accounting and Auditing Principles, Governmental Accounting Standards Board, Government Finance Officers Association, and Financial Accounting Standards Board for the Alameda County Employee’s Retirement Association (ACERA). The Internal Auditor helps the organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.


DISTINGUISHING FEATURES

This classification is located in the Alameda County Employee’s Retirement Association, supervised by the Chief of Internal Audit and may receive direction from the Board of Retirement and the Chief Executive Officer. The incumbent is responsible for performing a range of compliance, efficiency, employer and financial audits and projects. The Internal Auditor, ACERA classification differs from the Retirement Accountant, ACERA series classifications in that the latter has responsibility for integration of numerous reports and systems to complete assigned tasks. The former is responsible for performing a variety of internal auditing tasks for compliance with applicable laws and regulations.

EXAMPLES OF DUTIES

NOTE: The following are the duties performed by employees in this classification. However, employees may perform other related duties at an equivalent level. Each individual in the classification does not necessarily perform all duties listed.

1. Audits and reconciles a variety of ledgers, reports and accounting records; examines and corrects accounting errors; reviews member data, re-performs benefit calculations, and examines disability records.

2. Develops, implements and coordinates ACERA’s internal control and fraud awareness training programs for managers and supervisors.

3. Reviews internal operational and accounting practices and procedures for compliance with legal and/or regulatory; includes transaction testing. Ensures accuracy and completeness of work.

4. Assists in the audits performed by ACERA external auditors; examines agency records; analyzes systems; advises on system implementations and/or modification of all information systems.

5. Performs background investigations as necessary, interviews appropriate personnel; determines data requirements; accumulates, verifies and analyzes available data, observes actual practices and evaluates functional operating techniques, identifies existing or potential problem areas.

6. Identifies causes or contributing factors relating to the problems; investigates, analyzes and tests possible solutions or avenues for improvement; concludes on the best approach for solution or improvement.

7. Performs other special projects as assigned by the Chief Executive Officer, Assistant Chief Executive Officer or Board of Retirement Audit Committee.

8. Issues, administers and coordinates distribution of audit reports and remediation plans to the ACERA Board of Retirement Audit Committee, appropriate levels of management and interested third parties as applicable.

9. Reviews benefit, accounting, investment and vendor management policies and procedures for compliance.
10. Assists in performing and documenting an annual organization-wide risk assessment.

MINIMUM QUALIFICATIONS

Either I
Experience:

The equivalent of two years full-time experience in the class of Retirement Accountant III or an equivalent or higher-level accounting or auditing classification in the Alameda County classified service.

Or II

Education:

Graduation from an accredited four year college or university with a degree in accounting, business administration, economics or a related field which includes at least, 21 semester units or 32 quarter units of accounting, including a course in auditing. Master’s in Business Administration (MBA) strongly preferred.

AND

Experience:

The equivalent of five years full-time increasingly responsible professional accounting experience, which must have included two years of Auditing experience.

Or III

Certificate:

Possession of a Certified Public Accountant (C.P.A), or Certified Internal Auditor (C.I.A.) certificate.

AND

Experience:

The equivalent of three years full-time increasingly responsible professional accounting experience, which must have included two years of Auditing experience.

NOTE: The Civil Service Commission may modify the above Minimum Qualifications in the announcement of an examination.

KNOWLEDGE AND SKILLS

NOTE: The level and scope of the following knowledge and abilities are related to duties listed under the “Examples of Duties” section of this specification.

Knowledge of:

• The “Yellow book”.
• General Accounting and Auditing Principles.
• Governmental Accounting Standards Board requirements and principles.
• Financial Accounting Standards Board requirements and principles.
• Governmental Finance Officers Association requirements and principles.
• Auditing framework.
• Accounting information systems and pension administration.
• Principles of project management.


Ability to:

• Communicate effectively orally and in writing.
• Gather, organize and summarize data.
• Analyze problems and identify solutions and recommendations.
• Interpret and apply business and governmental laws and regulations.
• Read and interpret complex employee benefit and pension plan regulations and plan documents, including the County Employees Retirement law of 1937.
• Operate a computer to complete auditing and reporting tasks.
• Maintain financial reports, records and files.
• Have an intermediate level ability using the suite of Microsoft Applications (i.e., Excel, Word, PowerPoint).
• Experience using IDEA, Microsoft Project, Microsoft Access preferred.

CLASS SPEC HISTORY

SG:po 7/25/06
Newspec: 1372.doc
CSC Date: 8/30/2006
AM:cs 10/11/16
CSC Date: 10/26/16

BENEFITS

Alameda County offers a comprehensive and competitive benefits package that affords wide-ranging health care options to meet the different needs of a diverse workforce and their families. We also sponsor many different employee discount, fitness and health screening programs focused on overall well being.  These benefits include but are not limited to*:

For your Health & Well-Being

• Medical – HMO & PPO Plans
• Dental – HMO & PPO Plans
• Vision or Vision Reimbursement
• Share the Savings
• Basic Life Insurance 
• Supplemental Life Insurance (with optional dependent coverage for eligible employees)
• Accidental Death and Dismemberment Insurance 
• County Allowance Credit
• Flexible Spending Accounts - Health FSA, Dependent Care and Adoption Assistance
• Short-Term Disability Insurance
• Long-Term Disability Insurance
• Voluntary Benefits - Accident Insurance, Critical Illness, Hospital Indemnity and Legal Services
• Employee Assistance Program

For your Financial Future

• Retirement Plan - (Defined Benefit Pension Plan)
• Deferred Compensation Plan (457 Plan or Roth Plan)

For your Work/Life Balance

• 12 paid holidays
• Floating Holidays
• Vacation and sick leave accrual
• Vacation purchase program
• Management Paid Leave**
• Catastrophic Sick Leave
• Pet Insurance
• Commuter Benefits Program
• Guaranteed Ride Home
• Employee Wellness Program (e.g. At Work Fitness, Incentive Based Programs, Gym Membership Discounts)
• Employee Discount Program (e.g. theme parks, cell phone, etc.)
• Child Care Resources
• 1^st United Services Credit Union 

*Eligibility is determined by Alameda County and offerings may vary by collective bargaining agreement.  This provides a brief summary of the benefits offered and can be subject to change.

** Non-exempt management employees are entitled to up to three days of management paid leave. Exempt management employees are entitled to up to seven days of management paid leave.