Compliance Auditor

Agency: Teachers' Retirement System of the State of Illinois

Closing Date/Time: 05/31/2024

Salary: 213 - $58,599 - $75,006 Annually

Job Type: Hourly Full Time

County: Sangamon

Number of Vacancies: 1

A RESUME IS REQUIRED FOR THIS JOB POSTING

Please attach a DETAILED Resume/Curriculum Vitae (CV) to the MY DOCUMENTS section of your application. You WILL NOT be considered for the position if you attach a CMS100, CMS100b or any other document that is not a Resume or CV.

Job Summary

Under the supervision of the Employer Services Supervisor, the Compliance Auditor I performs a variety of audit functions for TRS to ensure salary and service credit information reported by TRS-covered employers complies with the Illinois Pension Code and the related administrative rules. This position is primarily responsible for reviewing and auditing Annual Reports along with pay period reports. In addition, this position is responsible for the completion of supplementary reports, sick leave, Employer's Report of Adjustments to Earnings, conducting in-house/desk audits of member contracts, and assisting with field audits and providing employer training. Overnight travel may be required. The field audits, employer training and audits of Annual Reports, Supplementary Reports, Employer's Report of Adjustments to Earnings, sick leave, Gemini Reports, and member contracts are conducted in accordance with organizational policies and sound audit practices.

This position requires extensive collaboration, sound decision making skills, the ability to properly structure activities in a manner that allows for the timely completion of assignments, tasks, and goals. The greatest challenge for this position is to quickly and efficiently complete large volumes of work without sacrificing quality.

Essential Functions

• Maintain an understanding of statutory requirements, board rules, policies and procedures that determine creditable earnings and service credit.

• Respond to employer inquiries, via verbal as well as written communications, regarding various TRS systems.

• Resolve problems of incorrect reporting with employers, via verbal as well as written communications

• Process Employers Report of Adjustments to Earnings

• Audit sick leave and Supplementary Reports

• Conduct audits of Annual Reports, which include the review of the retirement contributions and error resolution.

• Aid employers regarding reporting requirements including automated reporting, excess salary increases and granted sick leave days, etc.

• Aid employers, members and annuitants regarding current service and post-retirement employment limitations.

• Conduct multiple employer research.

• Provide basic training of TRS policies and procedures to employers via verbal as well as written communications.

• Assist with field audits, in accordance with the audit program, including summarization of findings, recommendations for improving TRS reporting and preparing the audit letter.

• Perform in-house audits of members' salary and service credit information.

• Assist other departments in answering inquiries and resolving employer related issues, via verbal as well as written communications.

• Perform other duties as needed or assigned.

Knowledge, Skills, and Abilities

• Ability to analyze and interpret data.

• Articulate and responsive to both employees and customers.

• Ability to work within tight timeframes and meet deadlines.

• Demonstrates a high commitment to quality.

• Possesses flexibility to work in a fast paced, dynamic environment.

Minimum Requirements

• Requires completion of a bachelor's degree in accounting, math, economics, or related field OR five years of experience in accounting or auditing position is required in lieu of a degree.

• Sound analytical and organizational skills, along with the ability to clearly communicate, verbal and written, with coworkers as well as the public in a clear and professional manner.

• Effectively and efficiently prioritize all assignments, tasks, and miscellaneous requests.

Work Hours: 8:30 - 4:30 M-F

Work Location: 2815 W. Washington St., Springfield, IL 62702-3397

Agency Contact: [[recruiterEmail]]

Posting Group: Fiscal, Finance & Procurement; Legal, Audit & Compliance

TRS provides retirement benefits for teachers who are employed by all Illinois public common and charter school districts located outside the city of Chicago. The Illinois Pension Code contains the laws relating to our creation, benefits, and administration.

The main form of communication will be through email. Please check your "junk mail", "spam", or "other" folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:

• donotreply@SIL-P1.ns2cloud.com
• systems@SIL-P1.ns2cloud.com

Nearest Major Market: Springfield