State of Maryland

A Financial Compliance Auditor Supervisor is a supervisory level of work examining and analyzing the business records and accounting systems of a State agency, grantee, business or other entity to verify reliability, accuracy and compliance with generally accepted accounting principles and with statutes or contract provision.  Employees in this classification supervise lower-level Financial Compliance Auditors.

Employees in this classification receive general supervision from a Financial Compliance Auditor Manager or other higher level auditor.  The work may require extended travel both in and out of State.  Financial Compliance Auditors are differentiated from Internal Auditors based on the scope of the audits performed.  Financial Compliance Auditors audit for finance and compliance.  Internal Auditors audit for finance and compliance as well as program results and economy and efficiency.

Positions in this classification are evaluated by using the classification job evaluation methodology.  The use of this method involves comparing the assigned duties and responsibilities of a position to the job criteria found in the Nature of Work and Examples of Work sections of the class specification.

The Financial Compliance Auditor Supervisor is differentiated from the Financial Compliance Auditor, Lead in that the Financial Compliance Auditor Supervisor has supervisory responsibility for lower-level Financial Compliance Auditors while the Financial Compliance Auditor Lead assigns, reviews and approves the work of and trains lower-level Financial Compliance Auditors.  The Financial Compliance Auditor Supervisor is differentiated from the Financial Compliance Auditor Program Supervisor in that the Financial Compliance Auditor Program Supervisor has supervisory responsibility for lower-level Financial Compliance Auditors, and is responsible for the design, implementation and evaluation of an entire auditing program for a State agency.

Plans, coordinates, supervises and evaluates the work of Financial Compliance Auditors;

Develops and implements training programs for auditing staff;

Resolves complex auditing problems and approves changes in substantive testing criteria and alternate auditing procedures;

Performs financial and compliance audits of a State agency, grantee, business or other entity to determine financial status and compliance with pertinent laws, regulations and contract provisions;

Identifies the areas to be examined based on the nature of the entity to be audited, prior audit reports, contracts, State and federal laws and regulations and other related documents and issues;

Evaluates the adequacy and effectiveness of an entity's internal controls by reviewing and verifying adherence to policies and procedures meant to insure the reliability and accuracy of financial data and reports and compliance with pertinent laws and regulations;

Develops specific audit work plans based on established audit programs and procedures and pre-audit research showing the purpose of the audit, areas targeted for examination, type and extent of audit tests and an estimate of the time needed to complete the audit;

Examines manual or automated records and conducts interviews to determine the proper recording of transactions and compliance with pertinent laws, regulations and contract provisions;

Reviews and verifies documentation regarding material assets, net worth, liabilities, income and expenditures;

Inspects postings and entries in automated or manually maintained financial records to determine if generally accepted accounting principles were followed in recording transactions;

Verifies automated or manual journal and ledger entries of cash receipts and check payments, purchases, expenses, payroll and trial balances;

Identifies exceptions to generally accepted accounting principles, noncompliance with pertinent laws, regulations and contract provisions and determines any funds that may be owed to the State;

Prepares workpapers to document findings;

Prepares audit reports;

Participates in pre-audit and post-audit conferences with management and employees of the audited entity;

Performs special audits and investigations as required;

Attends courses and seminars in auditing techniques and procedures and in changes and revisions to pertinent laws and regulations;

Assists in the development and revision of audit plans, programs and procedures;

May participate in legislative audit coordination and follow-up;

May use a computer to perform audit tasks;

May supervise reviews of financial statements and audit reports prepared by outside auditors or Certified Public Accountants to determine the adequacy of the reports and the effect of audit findings;

May explain and defend audit findings at informal and formal appeals and exit conferences;

Performs other related duties.

Knowledge of generally accepted auditing standards and practices and governmental auditing standards and practices;

Knowledge of generally accepted accounting principles;

Knowledge of the principles of internal control;

Knowledge of business administration and management practices;

Skill in analyzing automated and manual records, reports and other business and financial documents and finding details and facts pertinent to the audit assignment;

Skill in determining compliance or noncompliance with the provisions of statutes and contracts;

Skill in preparing accurate and concise audit workpapers and reports;

Skill in communicating ideas and information;

Skill in managing work time efficiently and effectively under deadlines;

Ability to use computers and software related to auditing;

Ability to establish and maintain effective working relationships with the employees and representatives of the entities being audited and with colleagues;

Ability to plan, coordinate, supervise and evaluate the work of Financial Compliance Auditors.

Education:   A Bachelor's degree in Accounting from an accredited college or university or a Bachelor's degree from an accredited college or university with 30 credit hours in Accounting and related courses, including or supplemented by 3 credit hours in auditing.

Experience: Four years of experience performing financial and compliance audits of a State agency, grantee, business or other entity.

Notes:

1. Applicants who had met the requirements for admission to the CPA examination prior to July 1, 1974 will be considered to have met the educational requirement.

2. Candidates may substitute the possession of a certificate as a Certified Public Accountant or Certified Internal Auditor or a Master's degree in accounting from an accredited college or university for one year of the required experience.

3. Applicants may substitute one year of professional accounting experience for one year of auditing experience only.

4. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in Internal Review classifications or Auditing specialty codes in the Financial or Auditing fields of work on a year-for-year basis for the required experience.

Class specifications are broad descriptions covering groups of positions used by various State departments and agencies. Position descriptions maintained by the using department or specifically address the essential job functions of each position.

This is a Skilled Service classification in the State Personnel Management System.  All positions in this classification are Skilled Service positions.  Some positions in Skilled Service classifications may be designated Special Appointment in accordance with the State Personnel and Pensions Article, Section 6-405, Annotated Code of Maryland.

This classification is not assigned to a bargaining unit as indicated by the designation of S (supervisor), M (manager), T (agency head), U (Board or Commission member), W (student), X (Used by agency or excluded by executive order),  or Z (confidential).  As provided by State Personnel and Pensions Article, Section 3-102, special appointment, temporary, contractual, supervisory, managerial and confidential employees are excluded from collective bargaining.  Additionally, certain executive branch agencies are exempt from collective bargaining and therefore, all positions in those agencies are excluded from collective bargaining.