Auditor III - RETIREMENT SYSTEMS

Auditor III - Retirement Systems

The City of Detroit Retirement System (RSCD) is seeking a highly skilled Auditor III to join its team. This position reports directly to the Assistant Executive Director and plays a critical role in ensuring the integrity, transparency, and accountability of RSCD's financial and operational activities.

RSCD administers the pension and retirement benefits for thousands of current and retired City of Detroit employees, safeguarding the assets and fiduciary responsibilities of both the General Retirement System and the Police and Fire Retirement System. As part of this mission, the Auditor III will conduct internal audits, evaluate compliance with financial policies and regulatory requirements, and provide professional recommendations that support the department's long-term financial sustainability.

The Auditor class covers positions that apply professional accounting and auditing knowledge, standards, and principles when performing the following duties : advising on, supervising, or performing work consisting of a systematic examination and appraisal of financial records, corporate and individual tax returns, receipts and bookkeeping practices, financial and management reports, management controls, policies and practices affecting or reflecting the financial condition and operating results of an activity; analyzing work related to developing and executing audit policies and programs; conducting performance audits; or conducting activities related to the detection of fraud, waste, and abuse.

Examples of Duties

Examples of Duties

• Reviews accounting, financial, control, and operating records and other data to determine level of compliance with established policies, procedures, and guidelines relevant to a specific activity
• Inspects account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions
• Prepares audit reports containing data on records audited, test checks made, conclusions reached, exceptions taken, objections made by audited party, and proposed action
• Examines records and interviews workers to ensure recording of transactions and compliance with laws and regulations
• Audits payroll and personnel records to determine unemployment insurance premiums, workers' compensation coverage, liabilities, and compliance with tax laws
• Identifies irregularities or discrepancies in recordkeeping, controls, or operations of a specific area
• Maintains records for each account, including contacts, telephone numbers, and actions taken
• Explains rules, regulations, policies, and procedures as they relate to a specifically assigned area to affected parties to assist them in achieving maximum compliance and resolves problems with returns
• Reports to management about asset utilization and audit results, and recommends changes in operations and financial activities
• Examines and evaluates financial and information systems, recommending controls to ensure system reliability and data integrity
• Examines and reviews financial accounts, financial reports, and practices affecting or reflecting the financial condition of an activity
• Develops audit plans and defines problem areas for the comprehensive analysis of the overall operations of an organizational entity to predict the effects of proposed policies
• Conducts examinations that include investigating accounting records reflecting the complete range of reorganizations, or similar business transactions.
• Conducts examinations that involve points of law, that are without precedent and that require intensive and extensive legal research to locate cases and evaluate potential effects of decisions or interpretations
• Develops audit approaches to evaluate a variety of programs and accounting systems; prepares audit reports to provide information on program operations and identifies causes of deficiencies or problems; recommends corrective actions such as modifying management systems, financial and accounting systems, workflow, lines of authority, and other corrective actions
• Collects and analyzes data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies
• Prepares detailed reports on audit findings
• Supervises auditing of establishments, and determines scope of investigation required
• Reviews data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures
• Confers with company officials about financial and regulatory matters
• Performs special projects and other duties as assigned
• Recommends appropriate corrective measures such as court actions, payment plan agreements, or third-party collections
• Performs special projects and other duties as assigned.
• Perform tests of retiree payroll to ensure proper payment to existing members
• Periodically review the Payroll Pay Card Process, assignments and payments
• Perform tests of annuity disbursements and system balances
• Evaluate internal controls, the various modules / operational groups of the System

Minimum Qualifications

Minimum Entrance Qualifications Bachelor's degree in accounting, finance, business administration, statistics, or a closely related field. Minimum of three (3) years of experience, preferably with large scale complex audits in governmental or public sector audits. Preferred Qualifications Advanced coursework of governmental accounting or a related field strongly preferred.

Possession of a State of Michigan registration as a Certified Public Accountant (CPA) and / or certification as a Certified Internal Auditor (CIA) may be submitted for one year of Auditor II experience. There may be a requirement for some positions that Auditors have certifications.

Supplemental Information

Evaluation Plan

Additional points may be awarded for :

LRD : 08 / 20 / 2025

Knowledge, Skills and Abilities

The knowledge, skill, and ability of an Auditor increases with the level of responsibility and experience.

Entry-Level Knowledge

Intermediate-Level Knowledge

Advanced-Level Knowledge

Skills

Abilities