Job Specification Details

Administrative, financial, and advisory work for the Compliance Division of the Vermont Department of Taxes. The incumbent is responsible for planning, designing and implementing the Division's corporate audit program ensuring that all policies, procedures and training materials needed for the Division's increased scrutiny of complex corporate tax issues are implemented in a timely and efficient manner. The Corporate Audit Specialist will be closely involved in the training of specific individuals of the Field Audit Team, to insure they have the appropriate skill sets to conduct remote corporate audits of some of the State's larger and more sophisticated business operations. This position will also develop process for desk audit review of more routine corporate income tax returns. The Corporate Audit Specialist will be required to be thoroughly familiar with generally accepted accounting principles (GAAP) as promulgated by the Governmental Accounting Standards Board (GASB). The Corporate Audit Specialist will be responsible for developing and maintaining an internal control program, including policy and procedures to insure the efficiency and effectiveness of the newly implemented programs, and to provide assurance of legal and regulatory compliance. Duties are performed under the general direction of the Director and/or Assistant Director of Compliance.

The Corporate Audit Specialist will conduct audits on the most complex corporate returns. Is responsible for implementing training program for selected individuals. Is responsible for selecting and assigning the more complex corporate audits. Is expected to make recommendations for improvements to processes and procedures. Will represent the Department in the formal hearing process. Is required to prepare and present clear, factual and comprehensive audit reports. Will also be expected to act as a subject matter expert in the analysis of the capabilities and applications of the newly implemented Integrated Tax System.

Duties are generally performed in a standard office setting. Work outside of regular work schedule may be anticipated. Occasional travel to various in and out of state business locations may also be anticipated. Disagreements may arise with representatives of some of the corporate taxpayers which will require the use of both tact and diplomacy.

Thorough knowledge of the requirements of GASB and GAAP accounting.

Thorough knowledge of accounting principles and practices.

Knowledge of data processing systems and programs, particularly in the area of financial management.

Ability to interpret and apply statutes, rules and regulations of considerable complexity.

Ability to prepare a variety of complex financial reports and documents.

Ability to communicate effectively.

Ability to establish and maintain effective working relationships.

Bachelor's degree in accounting, business administration, or an equally pertinent field AND

five (5) years or more professional accounting or auditing experience.

OR

Accreditation as a CPA or Certified Internal Auditor

Accounting or auditing experience in the public or governmental sectors.

Three (3) years or more in a supervisory or training capacity.

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