Internal Auditor

This position is exempt from the State of Delaware Merit System

Recruitment #090617-MUAH09-100200

Summary Statement

The Delaware Public Employees Retirement System consists of over $9.4 billion in assets with over 100 investment manager relationships. A class incumbent is responsible for independently planning audit assignments and appraising, reporting, recommending and assisting in the development of the organizational system of internal control, with an emphasis on financial and operational compliance. The objectives include ensuring that assets are adequately safeguarded; established policies and procedures are consistently adhered to; reliable accounting and reporting systems are provided; and to assure that the system’s organizational and strategic planning initiatives are supported by internal control framework. This incumbent will review census data, benefit payments, cash management, and compliance of policies and procedures.

Essential Functions

Essential functions are fundamental, core functions common to all positions in the class series and are not intended to be an exhaustive list of all job duties for any one position in the class.  Since class specifications are descriptive and not restrictive, incumbents can complete job duties of similar kind not specifically listed here.

  • Provides the Pension Board and Audit Committee with updates concerning the reliability of financial information.
     
  • Prepares audit documentation to demonstrate that key control techniques are tested to ensure that any significant control weaknesses are identified for corrective action.
     
  • Reviews audit documentation to ensure that audit findings are properly supported and consistent with audit guidelines.
     
  • Identifies computer applications for development by IT audit staff to demonstrate that key control issues are tested.
     
  • Summarizes report findings to the Pension Board and Audit Committee, providing audit recommendations to address critical control issues. 
     
  • Independently completes confidential special reviews at the request of the Pension Board.
     
  • Provides management with an action plan to develop staff member proficiencies.

Job Requirements

JOB REQUIREMENTS for Internal Auditor

Applicants must have education, training and/or experience demonstrating competence in each of the following areas:

  1. Possession of a Bachelors degree or higher in Accounting, Business Administration, Economics, Finance, Business Management, Computer Information Systems or related field.
  2. Possession of a CIA or CPA certification.
  3. Three years experience in governmental or not-for-profit accounting which includes analyzing, recording and reporting financial transactions for government organizations and interpreting Governmental Accounting Standards (GASB), Financial Accounting Standards (FASB) and Generally Accepted Accounting Principles (GAAP).
  4. Three years experience in preparing or auditing financial statements such as balance sheets, statement of net assets, profit and loss statements, statement of revenues and expenditures and changes in fund balances.
  5. Three years experience in financial administration such as comprehensive analysis of programs, budgets, projects, services, alternatives, and costs; financial planning, revenue generation, revenue forecasting, expenditure forecasting, cash flow management and establishing internal control.
  6. Three years experience in developing policies and procedures.
  7. Six months experience in strategic planning such as planning and mapping a path between the present and future usually for three to five years by determining key objectives, how to accomplish the key objectives, what strategies should be used, what activities would contribute to accomplishing the key objectives and developing performance measures to gauge and report progress or success.
  8. Six months experience in staff supervision which includes planning, assigning, reviewing, and evaluating the work of others.

Benefits

To learn more about the comprehensive benefit package please visit our website at http://ben.omb.delaware.gov/

Selection Process

Please attach a resume with your online application or use the resume tab in DEL to provide a detailed description of how your education, training and/or experience meets each job requirement including employer, experience/responsibilities and dates (month/year) of employment/training.   

Once you have submitted your application on-line, all future correspondence related to your application will be sent via email.  Please keep your contact information current.  You may also view all correspondence sent to you by the State of Delaware in the “My Applications” tab at www.delawarestatejobs.com.

Accommodations

Accommodations are available for applicants with disabilities in all phases of the application and employment process.  To request an auxiliary aid or service please call (302) 739-5458. TDD users should call the Delaware Relay Service Number 1-800-232-5460 for assistance.  The State of Delaware – An Equal Opportunity and Affirmative Action Employer.