Single Scope Auditor - Withholding Tax

Oklahoma State GovernmentOklahoma City, OK
8h

About The Position

Single Scope Auditor - Withholding Tax Salary - $62,400 WHY YOU’LL LOVE IT HERE! TRANSPARENCY. FAIRNESS. COMPLIANCE. The Oklahoma Tax Commission is committed to leading Oklahoma with unparalleled customer service. Our mission is to promote tax compliance through serving taxpayers with transparency and fairness in administration of the tax code and unparalleled customer service. Check out our About Us page to learn why we are passionate about tax compliance and believe it is the career for you! There are perks to working for the OTC. We know that benefits matter, and that is why we offer a competitive benefits package for all eligible employees: Generous state-paid benefit allowance to help cover insurance premiums. A wide choice of insurance plans with no pre-existing condition exclusions or limitations. Flexible spending accounts for health care expenses and/or dependent care. A Retirement Savings Plan with a generous match. 15 days of paid vacation and 15 days of sick leave for full-time employees the first year. 11 paid holidays a year. Paid Maternity leave for eligible employees. Employee discounts with a variety of companies and venders. A Longevity Bonus for years of service. JOB SUMMARY The Audit Services Division is responsible for the review, analyzation, and conduct of single or limited scope audits of businesses and/or individuals, to determine compliance or non-compliance with Oklahoma and Federal tax laws and regulations. The Audit Services Division uses generally accepted auditing/accounting principles to review financial documents, tax forms, business records and other relevant documents. Auditors in the Audit Services Division are expected to c onduct research and analysis and can apply tax law using Internal Revenue code and Oklahoma’s rules and statutes for taxation as well as the agency’s procedures. Auditors prepare audit reports to provide documented recommendations concerning changes in policies or operating procedures and strictly adhere to both state and federal laws and regulations regarding the confidentiality of all tax information obtained from records, files, tax returns, and departmental investigations. The Auditor position supports the Audit Services Division by conducting fair and ethical single issue and limited scope audits of various tax returns. The primary function of the position is to execute audits efficiently ensuring adherence to the Internal Revenue Code and Oklahoma Tax Statutes and Rules while maintaining a high level of accuracy in calculations and procedures.

Requirements

  • Associate degree in accounting, finance, business, or public administration; or a related field AND two (2) years of professional experience in auditing, accounting, finance, or similar field OR an equivalent combination of education and experience that equal an associate degree or the required amount of professional experience
  • Knowledge of Auditing methodology, techniques, and theories
  • Generally accepted auditing rules and procedures
  • Bookkeeping practices and standards
  • Financial statements, ledgers, journals and reports
  • Federal and state income tax forms
  • Modern computer technology related to accounting systems
  • Skills in Written and Verbal Communication
  • Excellent Customer Service
  • Interpersonal communication and relationship management
  • Prioritization
  • Problem Solving and Critical Thinking
  • Using different technology programs and applications
  • Ability to Review and analyze accounting records and business practices
  • Prepare audit work papers, reports and recommendations
  • Establish and maintain effective working relationships with others
  • Communicate effectively
  • Work independently with limited instruction/supervision

Nice To Haves

  • Proficient with Microsoft Suite applications
  • Bachelor’s degree in accounting, finance, business, or public administration; or a related field
  • Three (3) or more years of professional experience in auditing, accounting, finance, or a similar field

Responsibilities

  • Create, print, review and distribute audit correspondence items
  • Review Internal Revenue and Oklahoma tax statutes
  • Provide written and verbal communication while providing excellent customer service to taxpayers
  • Responsible for ensuring taxpayer compliance with Withholding tax statutes and rules by reviewing and auditing withholding tax returns submitted to the Oklahoma Tax Commission.
  • Review two areas of non-compliance, which include underreporting and non-reporting wages or withholding collected by businesses.
  • Analyze and audit withholding financial records, including the withholding return, internal and external withholding reports, OESC (Oklahoma Employment Security Commission) data, compiling and submitting audit review packets.
  • Ensure compliance by reviewing the business tax returns, invoices, sales records, and other financial documents
  • Analyze and audit bookkeeping, general ledger and financial records, including the Oklahoma sales tax return, federal business returns and individual income tax returns, exemption files and internal data, compiling and submitting audit review packets.
  • Compare tax returns filed to information reported from outside sources to identify areas of non-compliance and any potential irregularities in deductions that may offset tax owed on oil and gas production.
  • Analyze and audit the gross production records, including the gross production tax return, taxpayer invoices, and reports from outside sources such as OERB (Oklahoma Energy Resource Board), compiling and submitting audit review packets, reviewing Internal Revenue and Oklahoma tax statutes.
  • Review application and documentation from taxpayers, which may include individual and/or business returns, exemption documentation, financial documents, invoices, court cases and other pertinent data.
  • Create and review VDA contracts, work with other areas in the division to ensure prompt review of taxpayer documents, coordinating with division leadership and Legal on contract reviews, presenting VDA cases to the Commissioners when necessary.
  • Completing or participating in various types of audits and completing required reports and to comprehend and carry out complex auditing procedures
  • Perform a wide range of audit functions and perform independent work

Benefits

  • Generous state-paid benefit allowance to help cover insurance premiums.
  • A wide choice of insurance plans with no pre-existing condition exclusions or limitations.
  • Flexible spending accounts for health care expenses and/or dependent care.
  • A Retirement Savings Plan with a generous match.
  • 15 days of paid vacation and 15 days of sick leave for full-time employees the first year.
  • 11 paid holidays a year.
  • Paid Maternity leave for eligible employees.
  • Employee discounts with a variety of companies and venders.
  • A Longevity Bonus for years of service.
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