The Massachusetts StateRetirement Board administers a defined benefit pension plan, governed byMassachusetts General Law Chapter 32, for all eligible Commonwealth employees,retirees, and eligible employees from other authorized entities. The MSRBhas locations in Boston and Springfield, Massachusetts.
The Internal Auditor isresponsible for completing audits, operational reviews and investigations underthe supervision of the Treasury Internal Auditor and reporting, recommendingand assisting in the maintenance of the organizational system of internalcontrols.
PURPOSE OF THE POSITION
Works as a member of theinternal audit team to review the Massachusetts State Board of Retirement's("MSRB") processes for efficiency, effectiveness and adequacy of controls.
Conducts compliance,operational and financial reviews and audits; documents and reports onfindings, recommendations and agreed-upon corrective actions.
Is the point person in theannual review and update of the MSRB's policies, internal control plan andbusiness continuity plan.
Is the liaison with externalauditors, third-party entities and state agencies.
ESSENTIAL FUNCTIONS ANDRESPONSIBILITIES
Responsible for the completeaudit life cycle from research, planning and performing the audit, to reportwriting and following up on corrective actions. Reviews relevant policiesand procedures, internal control plans and, as applicable, laws andregulations.
Interview appropriatepersonnel; determine requirements and obtains, verifies, and analyzes availabledata; observes actual practices, evaluates functional operating techniques andidentifies existing or potential problem areas.
Makes oral and writtenpresentations to the State Retirement Board and senior management as needed.
Assists in the Treasury andMSRB's risk assessment and developing the Audit Plan for the MSRB.
Liaison with external auditors,third-party entities and state agencies.
Ensures data is gathered forthe auditors to complete their task.
Maintains and communicateschanges for local and enterprise software accesses.
Shares best practices andprovides value add recommendations.
Completes special reviews atthe request of MSRB and Treasury.
Performs other duties asassigned, including duties related to operational audits in assigned areas ofMSRB or functions.
OTHER DUTIES ANDRESPONSIBILITIES
Other projects as assigned.
Develop working knowledge ofTreasury and MSRB operations.
Travel as required.
EDUCATION AND EXPERIENCEREQUIREMENTS
BS/BA or equivalent, inAccounting, Finance, or other related field.
CPA, CIA not required, butstrongly preferred.
3-5 years internal or externalaudit experience; work associated with retirement plan benefits or in a similaror related field preferred.
Experience performingcompliance, operational and financial audits.
Knowledge of auditing practicesand procedures, professional principles, audit standards, and applicable lawsand regulations.
Knowledgeable in professionalaccounting principles.
Must possess a valid driver'slicense.
KNOWLEDGE AND SKILLS
Knowledge of MassachusettsGeneral Law Chapter 32.
Familiarity with COSO, complexorganizational structures and information technology.
Experience with Office 365,Sharepoint, Microsoft Word, Excel, Access, Visio. Knowledge of ACL orother data analytic software.
Excellent communication,inter-personal and organizational skills. Ability to present conciselyand descriptively in both oral and written format to all levels of the MSRB andthe Treasury.
Ability to analyze complexprocesses, to determine the efficiency and effectiveness of the process andrelated controls.
Detail oriented, 'big picture'thinker. Able to understand the process and its relationship with otherprocesses, departments and Commonwealth agencies.
Organized. Able to managecompeting priorities, while meeting deadlines. Able to work in a fluidenvironment, with the ability toanticipate, respond, and continuously improve the process.
Builds constructive andeffective relationships.
Ability to work in a team andindependently. Self-motivator. Goal oriented.
Adheres to an appropriate andeffective set of core values and beliefs, including all of Treasury's andMSRB's policies.
Personally committed to, andactively works towards, continuously improve themselves.
State Of Massachusetts