Auditor - Unclaimed Property (Oregon State Treasury)
Salem, OR 
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Posted 2 days ago
Job Description

Initial Posting Date:

04/29/2024

Application Deadline:

05/28/2024

Agency:

Oregon State Treasury

Salary Range:

$5,232 - $8,024

Position Type:

Employee

Position Title:

Auditor - Unclaimed Property (Oregon State Treasury)

Job Description:

Oregon State Treasury is recruiting for the position of Unclaimed Property Auditor. The primary purpose of this position is to determine whether organizations are complying with laws and rules in reporting unclaimed property. This position helps plan and implement direct compliance efforts to ensure businesses and public entities meet various aspects of administrative rules for unclaimed property.

Job Duties Summary

  • Assess overall compliance with unclaimed property laws for businesses, non-profits and government agencies.

  • Determine audit strategy to increase compliance. Prepare and implement audit plans based on audit strategy and in accordance with auditing standards. Evaluate results and adjust as needed.

  • Review, analyze, research, and evaluate holder records to determine compliance with unclaimed property laws and administrative rules. Review holder internal controls, and analyze the procedures used for determining dormancy periods. Identify potential assets that are outstanding and reportable.

  • Prepare audit reports outlining specific findings and recommendations and present to holders.

  • Oversee the audit process and ensure staff recorded audits in the unclaimed property system, retained appropriate documentation, received all property, and reconciled invoices with audit records.

  • Assess penalties and interest, set up payment plans and confirm property was remitted.

  • Maintain effective relationships with contract auditors. Collaborate on audits and exchange information as needed to improve holder compliance.

  • Stay current on nation-wide trends and approaches to unclaimed property audits that may affect holders. Research best practices, analyze policies, procedures, and processes for audits of unclaimed property, and recommend improvements. Help to develop, revise and implement policy and process changes.

Work Schedule

This position will have the opportunity for a hybrid (remote and in-office) work location schedule; in-office work will be predominately from Treasury's Salem office. The person in this role will work from the Salem office approximately one day per month, with additional days as needed.

Salary Range

The salary range listed at the top of this job posting indicates the monthly salary range for this position.

Job Classification

This position is classified as a Internal Auditor. This position is a SEIU represented position.

Required Minimum Qualifications

  • 5 years of experience performing professional level auditing, investigations, compliance, policy/program, or work closely related to the agency mission; OR

  • A bachelor's degree in business-related field such as business or public administration, finance, economics, computer science, accounting; or a field specific to the Agency's mission AND 2 years of experience performing professional level auditing, investigations, compliance, policy/program, or work closely related to the agency mission.

Desired Attributes

Job Specific Attributes

  • Experience auditing small to medium size businesses for compliance with statute, rule, and policies.

  • Experience maintaining confidentiality of records and sensitive information.

  • Experience interpreting, explaining, and applying statutes, rules, and policies.

  • Experience making recommendations based on analysis and interpretation of data, statute, rule, policies, and procedures.

  • Understanding of generally accepted accounting principles, statistical analyses, audit standards and techniques.

Core Attributes

  • Respect - Treats all individuals fairly and respectfully; works effectively with others; fosters an environment where opportunities to thrive are available to all; respects different values and viewpoints.

  • Teamwork - Acts in a professional, respectful, and courteous manner, recognizes the worth of others, and places the good of the team ahead of personal objectives.

  • Flexibility - Demonstrates willingness to change to meet organizational needs, professionally handles discomfort with a changing work environment, and remains calm in stressful situations.

  • Communication - Effectively articulates and exchanges information with internal and external stakeholders. Is prompt in responding to questions and inquiries.

  • Initiative - Takes appropriate action without waiting for explicit instructions, generates creative approaches to addressing problems and opportunities.

  • Critical Thinking - Identifies and weighs options, makes sound decisions after reviewing all relevant information, plans for potential problems, takes calculated risks, and recognizes impact of solutions.

  • Time Management - Prioritizes and manages time effectively across various competing tasks, demonstrating focus and adaptability, arriving on time for meetings, and meeting deadlines.

  • Attention to Detail - Demonstrates accuracy and thoroughness when accomplishing tasks.

How to Apply

You are required to upload your resume and a cover letter addressing the bullet points below.

  • Describe the most complex audit you've worked on. What made it complex and what was your role?

  • Describe your experience handling multiple audits at the same time and highlight your ability to keep them on track and on budget.

  • Describe your approach to resolving conflicting interpretation of compliance standards between you and the auditee. Please provide examples.

Following these instructions and providing this information will be used to determine which candidates will be selected to move forward in the process.

Please make sure the attributes and qualifications you possess that match those of our desired attributes are clearly demonstrated in your application materials.

We will accept applications through the job announcement closing date, however, we may close this recruitment early, if we receive a well-qualified applicant pool. If interested, please apply early.

Benefits of Joining Our Team

  • Low employee premium share for medical, dental, vision, and basic employee life (1% or 5% employee share);

  • Robust paid leave package, such as vacation, personal business, holidays, sick leave, and floating day of leave;

  • PERS retirement benefits;

  • Support with training and development;

  • Student loan forgiveness under the Public Service Loan Forgiveness Program (PSLF);

  • Optional benefits include optional life, short & long term disability, accidental death and dismemberment, Oregon Savings Growth Plan (deferred compensation plan), flexible spending accounts, long term care insurance, employee assistance program, and more!

About Oregon State Treasury

Oregon State Treasury is focused on improving the financial well-being of all Oregonians. We provide low-cost programs for governments, and empower Oregonians to invest in themselves and their loved ones for a more secure future. Oregon State Treasury is led by State Treasurer Tobias Read. As Treasurer, he is the state's financial leader, the custodian of public funds and chief investment officer. We prioritize investing for the long term, doing business the right way, and empowering Oregonians to invest in themselves. We're proud of the work we do to help families, governments, and businesses succeed.

We are committed to cultivating a workplace that is diverse, inclusive, and respectful. We value andsupport the collective differences in who we are and celebrate the fact that everyone comes to the table as their own unique individual. We believe this commitment empowers our success and makes Oregon State Treasury an excellent place to work. As Treasury employees, our commitment to diversity, equity, and inclusion makes this a safe environment for us to ask questions, learn, and grow, and helps us to better serve Oregonians.

Our Values and Principles

INTEGRITY---INNOVATION---DIVERSITY---TRUST---PROFESSIONALISM---ACCESSIBILITY

Please visit the following webpage to learn more about Oregon State Treasury: https://www.oregon.gov/treasury/Pages/index.aspx

Special Information

  • Prospective employees are subject to an extensive background check that may include, but not be limited to, validation of all application materials, prior employment, and professional references, driving records and fingerprint-based state and federal criminal and civil records. Adverse background data may be grounds for immediate disqualification.

  • OST does not offer visa sponsorships, and within three days of hire, the successful candidate will be required to complete the U.S. Department of Homeland Security form I-9, confirming authorization to work in the United States.

  • Eligible veterans who meet the qualifications will be given veterans' preference. To receive preference you MUST attach appropriate documentation as outlined by the Department of Administrative Services at the following website: Veterans Resources. You may also call the Oregon Department of Veterans' Affairs at 1-800-692-9666.

  • OST is an equal opportunity, affirmative action employer committed to a diverse workforce.

  • Consistent with the Americans with Disabilities Act (ADA), Oregon State Treasury will provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. Requests for reasonable accommodation applies to all aspects of employment, including the application process. If reasonable accommodation is needed, please call Oregon State Treasury at 503-378-4000 and request to be connected to Human Resources.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
5+ years
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