Auditor

Pension Benefit Guaranty Corporation • Washington, DC

24d

About The Position

This position is located in the Pension Benefit Guaranty Corporation’s Office of Negotiations and Restructuring, Standard Termination Compliance Division. The Auditor serves as the senior technical reviewer and subject-matter expert for the Compliance and Audits Branch, overseeing complex audits and providing technical guidance on standard terminations. More than one selection may be made from this vacancy announcement.

The position reviews and approves complex standard termination statistical, compliance, and premature distribution audits. It evaluates audit reports, workpapers, determination letters, and enforcement actions to ensure conclusions are accurate, supported, and consistent with applicable auditing standards, ERISA, the Internal Revenue Code, PBGC regulations, and plan provisions. The Auditor advises and mentors auditors on plan documents, benefit formulas, participant benefit calculations and valuations, sampling methods, and complex plan features, and provides technical support to management, counsel, and other PBGC professionals.

The role involves communicating complex audit findings and corrective-action requirements to internal staff and external stakeholders, presenting and defending audit determinations, and using persuasion and negotiation to resolve disputed technical issues. The Auditor also analyzes changes in laws, regulations, policies, and audit requirements; develops and updates audit procedures, manuals, training materials, review standards, and technical guidance; and prepares or reviews determination letters, reports, and recommendations on complex or unprecedented issues.

Requirements

• At least one year of specialized experience at the GS-13 grade level in Federal service or equivalent private-sector experience supporting and managing STCD programs, activities, and policies in processing non-trusteed standard termination plans under ERISA, as amended.
• Specialized experience must include experience such as reviewing standard termination statistical, compliance, and premature distribution audits performed by Federal and contract staff auditors; providing guidance on audits of non-trusteed standard termination cases; or assisting auditors in explaining and convincing plan sponsors, actuaries, and attorneys of errors detected in plan termination audits.
• Current Federal employees must meet the time-in-grade requirement: at least 52 weeks of experience at the next lower grade level in Federal service, with proof in the resume and on an SF-50.
• Meet the qualification requirements within 30 days of the announcement closing date.
• Meet the accounting education requirement through a degree in accounting or auditing, or a related degree including auditing courses and 24 semester hours in accounting (up to 6 hours may be business law); or qualify through the stated combination of accounting experience, education, and training.
• For the education-and-experience combination, have at least four years of accounting experience or equivalent combined accounting experience, college-level education, and training providing professional accounting knowledge, plus one of the specified accounting/auditing coursework, CPA or CIA certification obtained through written examination, or qualifying substantial accounting/auditing degree coursework and professional experience.
• The resume must clearly describe relevant experience; transcripts are required if qualifying based on education.

Responsibilities

• Serve as the senior technical reviewer and subject-matter expert for the Compliance and Audits Branch.
• Review and approve complex standard termination statistical, compliance, and premature distribution audits.
• Evaluate audit reports, workpapers, determination letters, and enforcement actions, ensuring conclusions are accurate, fully supported, and consistent with applicable standards, laws, regulations, and plan provisions.
• Provide authoritative technical advice, guidance, training, and assistance on large, complex, and/or critical standard termination audits.
• Advise and mentor auditors on plan document analysis, benefit formula interpretation, participant benefit calculations and valuations, sampling methodologies, and complex plan features.
• Provide technical support to management, counsel, and other PBGC professionals on audit determinations and benefit calculation issues.
• Communicate complex audit findings, technical positions, and corrective-action requirements to staff auditors, managers, plan administrators, plan sponsors, actuaries, attorneys, and other stakeholders.
• Present and defend audit determinations, deliver briefings and training, and use persuasion and negotiation to resolve disputed technical issues.
• Analyze changes in laws, regulations, policies, and audit requirements and determine their impact on the standard termination audit program.
• Develop and update audit procedures, manuals, training materials, review standards, and written technical guidance.
• Prepare and review audit determination letters and reports, and formulate authoritative written recommendations on complex and unprecedented issues.

Benefits

• Federal employee benefits package; employees and their families have access to a range of benefits. Specific eligibility depends on position type, and applicants are directed to contact the hiring agency for details.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior