PURPOSE OF JOB CLASS (NATURE OF WORK)
In the Office of the Attorney General and the Departments of Social Services, Revenue Services and Transportation, this class is accountable for conducting the most complex and difficult forensic examinations of financial records in matters under investigation by the agency and law enforcement authorities.
GUIDELINES FOR JOB CLASS USE
1. This is an advanced professional working level distinguished from lower level accounting classes by the principal involvement, 75% of the time, in complex forensic accounting including litigation support and investigative accounting. Forensic accounting is defined as accounting suitable for legal review and is distinguished from financial and fraud auditing by the nature of the engagement and objective of the review. The objective of forensic accounting is related to a specific issue and not an attest function.
2. Incumbents report directly to a managerial employee.
3. Incumbents provide support of an accounting nature involving existing or pending litigation that has direct application to a court of law including accounting services related to quantification of economic damages.
4. Incumbents routinely exercise a high level of independence and decision making authority including responsibility for developing case specific auditing protocols.
5. For position allocation purposes, the following represents the maximum number of positions allowed for each authorized agency:
-Office of the Attorney General - Three (3)
-Department of Social Services - Three (3)
-Department of Transportation - One (1)
-Department of Revenue Services - One (1)
Works under the limited supervision of a managerial employee of higher grade.
May lead other lower level employees as assigned.
EXAMPLES OF DUTIES
Performs most complex forensic analysis of financial records related to complex financial fraud investigations undertaken by the agency; participates as a member of task forces on most complex cases; reviews referred complaints for existence of financial fraud; examines prior audit reports, financial statements, budgets or other available data for evidence of fraud, waste or abuse; examines accounting methods and procedures to insure compliance with accepted accounting practices; analyzes and traces proceeds of other assets involved in fraudulent schemes; identifies assets for possible seizure and/or forfeiture; utilizes intelligence databases for financial records, reports and forensic analysis in investigations; conducts interviews of witnesses and targets; provides technical assistance to staff; acts as a liaison with other operating units, agencies and outside officials regarding unit policies and procedures; participates in hearings and settlement negotiations; prepares reports and makes recommendations in investigations; testifies in administrative and other legal proceedings regarding forensic fraud analysis and audit results; performs related duties as required.
KNOWLEDGE, SKILL AND ABILITY
Considerable knowledge of and ability to apply professional accounting and auditing principles and practices; considerable knowledge of relevant industry accounting principles and practices; considerable knowledge of substance and application of relevant statutes and regulations; considerable knowledge of courtroom procedure; considerable knowledge of evidence; considerable knowledge of and ability to utilize EDP systems; considerable oral and written communication skills; interpersonal skills; considerable ability to analyze complex financial records, documents and reports for evidence of financial fraud; considerable ability to prepare comprehensive reports and exhibits.
MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE
Seven (7) years of experience in accounting, auditing or financial examinations.
MINIMUM QUALIFICATIONS - SPECIAL EXPERIENCE
Two (2) years of the General Experience must have been in conducting forensic financial examinations.
MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED
1. College training in accounting may be substituted for General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years for a Bachelor’s degree.
2. A Master’s degree in accounting or certification as a Certified Public Accountant, Certified Internal Auditor or Certified Fraud Examiner may be substituted for one (1) additional year of the General Experience.
1. Incumbents in this class may be required to travel.
2. Incumbents in this class may be required to possess and retain a valid Motor Vehicle Operator’s license.
JOB CLASS DESIGNATION
(16)-ADMIN & RESID (P-5)
This replaces the existing specification for the class of Forensic Fraud Examiner in Salary Group AR 28 approved effective February 15, 2013. (Revised to modify Guidelines for Class Usage - Department of Revenue Services)