Description of the Division:
The Division of Audits determines the legality and accuracy of all claims against the state through the performance of pre and post-payment audits. The division assures the accuracy of local government claims and financial statements submitted to the state and federal governments by annually reviewing and revising audit guidelines, reviewing audits performed by independent local auditors under these guidelines, and performing audits of a variety of state and federal programs. Through audit activity, the division identifies improper expenditures of state and federal funds.
Description of the Program:
The program is responsible for determining compliance with the State's Unclaimed Property Law. The program, within the Division of Audits, shares this responsibility with the SCO's Unclaimed Property Division. The SCO's unclaimed property program protects owners of unclaimed property by locating them and reuniting their property. The law provides that unclaimed property is reportable to the State of California and gives custody of the property to the State until it is claimed by the rightful owner. The program conducts field examinations of various California unclaimed property holders, including banks, hospitals, major financial institutions, and multinational companies. These examinations result in the remittance of unclaimed property, compliance with the law, and an expanded awareness of California's Unclaimed Property Law in the business community.
Hello, my name is Jay Cohen, I’m an Audit Manager for the Unclaimed Property Program. I’ve been with the State Controller’s Office for 16 years; 8 years as an Audit Manager. I’m currently conducting another recruitment, but this time for 2 Staff Services Management Auditor positions (#051-642-5841-326 & #051-642-5181-343) within the State Controller’s Office at Monterey Park, near California State University Los Angeles (i.e., south of Pasadena). I wanted to see if I can tap into the student accounting organizations and see if we can publicize these openings to qualified candidates. I’m a firm believer in the talent pool as my recruitment in 2018 and 2021 were highly successful because of your assistance. Can you also assist me again and post the bulletin at the career services/career board; and assist to disseminate to the recent graduates, graduating seniors, and faculty. Please note the final filing date is Tuesday, October 25, 2022. Thank you, I sincerely appreciate it. If you have questions, please call my cell at 310-961-1731.
Scope of Position:
Under close supervision provided by a Senior Management Auditor and a Staff Management Auditor (Specialist), the incumbent will learn and develop appropriate skills and methods for performing accounting and management auditing procedures. This is a training and development classification which will assist in examining organization operations and conducting unclaimed property examinations of holders, including hospitals, retailers, utility companies, manufacturers, insurance companies, financial institutions, escrow companies, brokerage firms, multinational companies, and other business entities subject to review by the Office of the State Controller (SCO).
Unclaimed property is generally defined as any financial asset that has been left inactive by the owner generally for three (3) years. Examples of unclaimed property include, but aren’t limited to dormant bank accounts, abandoned stocks and dividends, uncashed payroll checks, uncashed accounts payable checks, and customer refunds. Check to see if you have any UCP - Unclaimed Property (ca.gov).
How to Apply:
Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at www.CalCareers.ca.gov, search “Staff Services Management Auditor”. When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below:
Address for Mailing Application Packages:
You may submit your application and any applicable or required documents to:
State Controller's Office
ATTN: Classification Unit - IG
300 Capitol Mall 3rd Floor, Suite #300
Sacramento, CA 95814