Purpose of the Job: Works as a member of the Internal Audit Department to review the Massachusetts State Board of Retirement's ("MSRB") processes for efficiency, effectiveness and adequacy of controls.
Essential Functions and Responsibilities: - Assists in the preparation of MSRB's risk-based annual audit plan
- Leads and executes internal audits to evaluate the effectiveness of internal controls, risk management processes and compliance with applicable regulations. Including but not limited to planning, fieldwork, reporting and follow-up.
- Coordinates and maintains Treasury's annual process for reviewing and updating MSRB policies, internal control plan and business continuity plan.
- Acts as a business consultant for MSRB's departments.
- Completes special projects as requested by Treasury's executive management or Director of Internal Audit.
- Serves as back-up to the MSRB Audit Supervisor as the liaison to external auditors, third-party entities, and state agencies.
Other Essential Functions and Responsibilities: - Travel as required.
- Other tasks or projects as requested.
Qualifications:Knowledge and Skills: - Advanced knowledge of generally accepted government auditing standards (GAGAS) and Global Internal Audit Standards.
- Familiarity with COSO, complex organizational structures and information technology.
- Proficiency in using the Microsoft Office software suite
- Experience using Audit management and analytic software
- Demonstrated ability to work independently and lead audits with a high degree of autonomy and professional judgment.
- Excellent written and verbal communication skills, with the ability to articulate complex issues to all levels of MSRB and Treasury personnel in a clear and concise manner.
- Strong interpersonal, critical thinking, and organizational skills
- Ability to analyze complex processes, to determine the efficiency and effectiveness of the process and related controls.
- Strong project management skills, with the ability to manage multiple audit engagements and projects as assigned and adapt to changing priorities.
- Adheres to an appropriate and effective set of core values and beliefs, including all of Treasury's policies.
- Personally committed to and actively works toward continuous improvement.
Supervisory Responsibilities Education and Experience: The successful candidate will possess and demonstrate the following:
- A bachelor's degree in accounting, business administration and a certificate in accountancy, or related field and professional designation.
- Certified Internal Auditor designation preferred but not required.
- A comprehensive auditing skill set covering a broad range of financial, compliance, and operational areas.
- 5 - 7 years of audit experience in government, a large public accounting/audit firm, or major corporation. Government experience is preferred.
- An advanced knowledge of Generally Accepted Government Auditing Standards and Global Internal Audit Standards.
- Experience auditing retirement systems preferred
- Experience leading audits, conducting research, interpreting laws and regulations, analyzing data, developing audit findings and recommendations and report writing
- Experience conducting risk assessments
- Experience utilizing audit management and analytic software
Physical Requirements: - Ability to lift up to 10 lbs.
- Ability to sit for extended periods of time
Hybrid Work Environment: All new hires at the Office of the State Treasurer and Receiver General (Treasury) will go through an In-Office Orientation Period consisting of a combination of virtual, in-person and on-the-job training so as to assimilate you to the Treasury's culture and work environment. Following the initial In-Office Orientation Period a gradual transition to hybrid work will take place over the first 3-8 weeks of employment.
The hybrid work environment will consist of three (2) days in the office each week, with one of these days being either a Monday or a Friday. There will be an additional (1) day in the office per month for a mandatory in person department meeting.
