Lead Tax Auditor (TRD#10108871)

Posting Details

PLEASE MAKE SURE TO ATTACH YOUR TRANSCRIPTS TO CERTIFY DEGREE (IF APPLICABLE) AND ACCOUNTING HOURS THAT ARE REQUIRED.

Why does the job exist?

The Audit and Compliance Division (ACD) enforces compliance with New Mexico tax laws. ACD employs a variety of tax research tools to analyze tax data to improve efficiency, streamline processes, improve customer service, and to develop new compliance programs and tax collection initiatives. ACD promotes voluntary compliance of registering, filing, and paying taxes by educating taxpayers, promoting managed audits. The purpose of this position is to examine, analyze and interpret tax accounting records for the purpose of determining compliance with federal and state laws, statutes, rulings, and regulations, and generally accepted accounting and auditing standards; complete tax audits of corporations, businesses and individuals; prepare and presents audit reports. This position works independently and as a member of a team for various tax programs.

The purpose of this position is to examine, analyze and interpret source documents to determine compliance with applicable federal regulations. Various documents and schedules are produced to communicate findings within the Federal Royalty Audit Bureau. The Federal Oil and Gas Royalty Management Act of 1982 authorizes the Secretary of the Interior to enter into cooperative agreements with States to share oil and gas royalty management information, and to carry out inspection, audit, investigation and enforcement activities on Federal lands. These cooperative agreements form the framework of the Office of Natural Resources Revenue (ONRR) relationship with States in the area of mineral revenue compliance functions. The State of New Mexico has participated in this program since 1993, auditing both in-state and out-of-state companies holding federal leases located within the State of New Mexico.

How does it get done?

The occupation of Lead Tax Auditor requires independence, complex analytical skills, and mastery of applying professional laws and standards sufficient to conduct complex assignments involving interfaces and interrelationships between and among programs, systems, functions and policies. They communicate with entities being audited, Certified Public Accountants (CPAs), attorneys, employees, managers, customers, legislators and other agencies. In-state and/or out-of-state travel may be required. Tax Auditors schedule audits; conduct analyses and inspections, and review operations and/or records; prepare and present reports of findings and recommendations to management, directors, or legislators; prepare audit working documents by examining, reviewing, and analyzing accounting, and inventory records. Tax Auditors monitor follow-up on implementation of corrective actions; audit information system development, data processing adm1nistrat1on and maintenance, computer control and operations, and/or management controls in an electronic data processing environment. Tax Auditors provide guidance, direction and interpretation of federal and state statutes, regulations, and Department policies to all taxpayers.

• Conduct highly complex tax account audits of multi-state taxpayers; coordinate the work of a team of professional tax auditors when performing assigned tax audits; provide advanced technical assistance to audit staff.
  
• Examine and test ledgers, journals, and other source documents, i.e. invoices, cash sales tickets, charge slips, bank statements and/or cash register tapes.
  
• Independently determine appropriate sampling plan and apply sampling techniques as applicable.
  
• Independently review and analyze contracts to determine tax liability or other tax-related matters.
  
• Verify the accuracy of taxpayers' tax reporting against source documents.
  
• Utilize advanced tax knowledge in the development of audit plans for highly complex tax audits.
  
• Discuss with supervisor audit selection and tax audit plan.
  
• Coordinate and review the work of the audit team and less experienced tax auditors during the course of a team tax audit on a regular and recurrent basis.
  
• Develop tax audit packages including narratives and schedules in constructing final tax audit
  
• Review tax audit narratives and schedules of team members or less experienced tax auditors.
  
• Provide in-house and/or on-the-job training and assistance to less experienced tax auditors.
  
• Perform advanced technical research of internal and external data sources, New Mexico tax statutes, regulations, rulings, Decisions and Orders, and court cases in order to provide technical guidance to the audit team.
  
• Independently evaluate taxpayer accounting systems and internal controls for accuracy and completeness.
  
• Submit audit results to supervisor for final review and action.
  
• Keep taxpayers and/or taxpayer representatives, to include CPAs and attorneys, informed and apprised of all phases of the tax audit process.
  
• Assist Legal Services Bureau in legal matters related to audits, to include participating in informal and formal conferences, providing depositions, and/or testifying at hearings and/or District Court.
  
• May conduct or assist in special investigations of individual or business tax accounts.
  
• Answer taxpayer inquiries and provide guidance to less experienced staff members regarding taxpayer inquiries.
  
• Conducts and/or assists in tax workshops and seminars
  

Who are the customers?

This position serves the State of New Mexico taxpayers.

Ideal Candidate

This position serves the State of New Mexico taxpayers.

Minimum Qualification

Bachelor's degree in Accounting, Finance, Business Administration, or Taxation to include twenty-four (24) semester hours of accounting or auditing (six (6) semester hours in finance or business law may substitute for up to six (6) semester hours of accounting or auditing) and four (4) years of experience in Auditing, Accounting, Taxation, Collections, and/or Finance. Four (4) years additional related experience may substitute for the required Bachelor's degree. Possession of a Certified Public Accountant (CPA) certificate issued by the New Mexico Board of Public Accountancy may substitute for the required hours in accounting.

Employment Requirements

Must possess and maintain a valid Driver's License. Must possess and maintain a current Defensive Driving Course Certificate from the State of New Mexico or must pass and receive Defensive Driving Course Certification within six (6) months of date of hire as a condition of continued employment. Must be current with all tax reporting/payment. Employment is subject to post offer pre-employment criminal background check to include fingerprint checks and is conditional pending results. In addition to the State background investigation, this position requires an additional post offer Federal background investigation, fingerprinting, and credit check as mandated by the cooperative agreement with the Department of Interior. Employment is conditional pending results.

Working Conditions

Office setting, exposure to VDT, extensive personal computer and phone usage. Extended periods of sitting and some lifting. Good communication skills; Interacting with the public required. High pressure/stress situations. Some outdoor work may be required.

Continuous interacting with the public required to include occasional irate customers. Frequent multiple demands from several people.

Travel both in state and out of state, depending on business need (not to exceed 20%).

Supplemental Information

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For information on Statutory Requirements for this position, click the Classification Description link on the job advertisement.

Bargaining Unit Position

This position is covered by a collective bargaining agreement and all terms/conditions of that agreement apply and must be adhered to.