MUNICIPAL FINANCE AUDITOR 2 DEFINITION:
Under limited supervision of a Municipal Finance Auditor 1 or other supervisory official in the Division of Local Government Services, Department of Community Affairs, conduct audits and assists in review of more complex audits of municipalities, counties, and authorities; assists in the examination of municipal and county budgets and financial statements; does related work as required. NOTE: The examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this class specification. Conversely, all duties performed on the job may not be listed.
EXAMPLES OF WORK:
Responsible for full budget examination review with limited supervision; takes control of budget
Examines smaller or less complex municipal budgets of less than $20 million and their financial statements
May assist a Municipal Finance Auditor 1 or higher in the review of large and complex municipal and county budgets of $20 million or more
Performs statutory audits of municipalities, counties, and authorities
Prepares municipal and county budgets and financial statements as required
Prepares single audit reviews
Examines and reviews the work performed by Registered Municipal Accountants
Assists in the review of Transitional Aid applications, when requested
Assists in the review of emergency resolutions and other budget amendments
Assists in the review of Fire District and Authority budgets
Prepares cap calculation reports
Provides technical advice and assistance to Registered Municipal Accountants and to municipal officials on matters pertaining to municipal and county accounting, auditing, and budgeting
Reviews Local Finance Board applications
Assists in providing interpretation of various laws, rules, and regulations of the Division of Local Government Services, to local and county officials, and others interested in the work of the division
Prepares analyses of financial data and projections of debt of municipalities and counties for various state and federal agencies
Prepares official correspondence
Prepares clear, sound, accurate, and informative fiscal, audit, budget, and related reports containing findings, conclusions, and recommendations
Maintains essential records, reports, and files
Will be required to learn to utilize various types of electronic and/or manual recording and computerized information system used by the agency, office, or related units
REQUIREMENTS:
NOTE:Applicants must meet one of the following or a combination of both experience and education. Thirty (30) semester-hour credits are equal to one (1) year of relevant experience.
Six (6) years of professional experience in municipal or county auditing and/or budgeting, including or supplemented by twenty-one (21) semester-hour credits in accounting.
OR
Possession of a bachelor's degree from an accredited college or university, including or supplemented by twenty-one (21) semester-hour credits in accounting; and two (2) years of the above-mentioned professional experience.
OR
Possesion of a valid certificate as a Certified Public Accountant or Registered Municipal Accountant issued by the New Jersey State Board of Accountancy; and two (2) years of the above-mentioned professional experience.
OR
Possession of a Master's degree in Accounting; and one (1) year of the above-mentioned professional experience.
NOTE:"Professional experience refers to work that is creative, analytical, evaluative, and interpretive; requires a range and depth of specialized knowledge of the profession's principles, concepts, theories, and practices; and is performed with the authority to act according to one's own judgement and make accurate and informed decisions.
LICENSE:
Appointee will be required to possess a driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essential duties of the position.
KNOWLEDGE AND ABILITIES:
Knowledge of the provisions of the Local Budget Law and Local Fiscal Affairs Law
Knowledge of the Local Bond Law and its provisions
Knowledge of the principles, methods, and procedures used in municipal government auditing
Knowledge of the interpretation of varied types of municipal financial data and of the proper form and content of financial statements and audits
Ability to apply established audit requirements
Ability to provide technical advice and assistance
Ability to compile, review, analyze, and interpret basic municipal, county, and authority financial data
Ability to see that established auditing and accounting procedures are followed in assigned auditing and report procedures
Ability to apply established auditing and accounting methods and procedures to specific auditing problems and situations
Ability to comprehend, interpret, and apply basic laws and regulations
Ability to prepare official correspondence
Ability to prepare clear, technically sound, accurate, and informative reports of audits and related matters containing findings, conclusions, and recommendations
Ability to maintain essential records, reports, and files
Ability to learn to utilize various types of electronic and/or manual recording and information systems used by the agency, office, or related units
Ability to read, write, speak, understand, or communicate in English sufficiently to perform the duties of this position. American Sign Language or Braille may also be considered as acceptable forms of communication.
Persons with mental or physical disabilities are eligible as long as they can perform essential functions of the job with or without reasonable accommodation. If the accommodation cannot be made because it would cause the employer undue hardship, such persons may not be eligible.
