Finance and Business Compliance Analyst

State of North Carolina • Rockingham County, NC

1d • Onsite

About The Position

The North Carolina Department of Commerce is the state's lead agency for economic, community and workforce development. The department works with local, regional, national and international organizations to fulfill its mission to improve the economic well-being and quality of life for all North Carolinians. The Department connects businesses with the site locations, workforce and infrastructure they need to succeed in one of the nation's top states for business. We also connect local communities with the grants and funding they need to attract new business and ensure future prosperity. The Division of Employment Security is responsible for the administration of the unemployment insurance program in the state of North Carolina. This program is a federal-state partnership, funded by federal and state unemployment taxes, which employers pay on the wages of their employees. Benefits are paid to eligible workers who lose their job through no fault of their own and are able, available, and actively seeking work.

Requirements

• Working knowledge of the Employment Security law and Internal Revenue Code as applicable to entities is required.
• Considerable knowledge of Employment Security Law is required to facilitate the Tax Auditor's audits.
• Ability to maintain a working knowledge of applicable State and applicable Federal laws to independently and accurately resolve Unemployment Insurance tax issues.
• Considerable knowledge of computers and proficiency in Microsoft Office, including Word, Excel and Outlook and the adaptability to other accounting/auditing software, as required.
• Full utilization of DES provided hardware and software, including ShareFile secure file transfer, file import/export utilization, and utilization of scanner capability.
• Adaptability to customized software created for an employer or specific to an industry is required.
• Ability to interpret and apply complex laws and regulations.
• Ability to interpret and audit financial records of an employer's accounts and determine compliance with applicable Employment Security Laws.
• A bachelor's degree in accounting, finance, business administration, public administration, or a related discipline from an accredited institution and two years of related experience; or an equivalent combination of education and experience.

Responsibilities

• Perform audits on all contributory employers, all business types, all industry classifications, all employers measured in employee size and all employers from multi-state employers to multi-national employers.
• Conduct audits for sole-proprietorships, partnerships, C-Corporations, Subchapter S-Corporations, ESOPs, Estates, Professional Associations, Non-profit entities, LLCs taxed as sole proprietorships, partnerships, corporations and all other legal entity types.
• Enforce collection of delinquent tax.
• Investigate underground economy.
• Investigate blocked claim wage protests.
• Conduct status liability investigations.
• Conduct Assistant Secretary Orders.
• Collect worthless checks.
• Work independently in the field conducting interviews with employers, employees, attorneys, accountants, and other designated third parties to determine employer business operations and secure information within the audit process.
• Request the issuance of a Subpoena Duces Tecum from Regional Tax Manager and Tax Audit Chief for an employer to appear with relevant records not provided to NC DES during an audit.
• Audit required financial records of employers selected for audit for the purpose of rendering an opinion on behalf of NC DES.
• Conduct selected, random, management or converted audits, in addition to internal detection referrals from NC Government Data Analytic Center (GDAC) pursuant to North Carolina Senate Bill 15.

Benefits

• State Benefits
• health insurance
• 12 Annual Paid Holidays
• monthly accrual of vacation and sick leave
• North Carolina State Health Plan administered by Aetna
• Supplemental Benefits including Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental, and Vision
• NC State Retirement (TSERS), 401(k), and 457 savings plans
• WeSave Employee Discounts
• Eligibility for the Public Service Loan Forgiveness Program

What This Job Offers

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