Under general direction of the Secretary of the California Horse Racing Board, to independently conduct field audits and make operational analyses of complex automated totalisator systems and equipment at California race tracks; to conduct evaluations of controls in electronic data processing systems used as pari-mutuel totalisators; to devise audit programs for totalisator computer software; to prepare, maintain and supervise the audit and examination process of totalisator systems; to conduct prerace meeting tests of the pari-mutuel wagering system; to verify the correct parameters for computation of the lawful deductions from pari-mutuel wagering pools.
Prepares and maintains audit guidelines and monitors and reviews audits of pari-mutuel wagering totalisator computer systems; reviews pari-mutuel audit reports of the private pari-mutuel auditors employed by the racing associations for compliance with applicable laws, regulations and applicable general accounting standards; verifies from submitted audit reports that correct deductions have been made from pari-mutuel pools and that proper State license fees have been calculated and paid and that other lawful deductions have been made and distributed pursuant to the horse racing law, including payments made to charity racing days foundations; conducts pre-race meeting tests of pari-mutuel totalisator systems to verify that the computer system has the correct parameters for computing the lawful deductions and that the computers and terminals are functioning correctly; investigates allegations of computer or terminal malfunctions or any totalisator systems failure or other event causing a loss to State revenues; reviews and assists in proposed regulations relating to totalisator systems operations or pari-mutuel wagering for on-track racing events, off-track wagering, interstate racing events and satellite wagering operations; assists in design of centralized pari-mutuel totalisator for all California pari-mutuel wagering; makes recommendations as to the approval of the pari-mutuel auditors selected to conduct daily pari-mutuel examinations in California racing associations.
One year of experience in the California state service performing professional accounting or auditing duties of a class with a level of responsibility not less than that of an Examiner III or Auditor III.
Four years of increasingly responsible professional auditing experience at least three years as either a Supervising Auditor or Auditor Manager supervising the conduct of financial examinations or conducting independent examinations of financial organizations having electronic data accounting systems. (Experience in the California state service applied toward this requirement must include at least one year performing audit program duties in a class equivalent to Examiner III or Auditor III.) and
1. Equivalent to graduation from college with specialization in accounting. or
2. Completion of a prescribed professional accounting curriculum given by a resident or correspondence school of accountancy including courses in auditing, business law and automated accounting operations.
Knowledge of: General and specialized accounting and auditing principles and procedures; laws, policies, rules and regulations administered by the California Horse Racing Board; principles and procedures of the pari-mutuel form of wagering; operations, computations and cash accountability practices of totalisator systems; specialized electronic data programming methodology of totalisator computer and terminals.
Ability to: Administer audit programs, devise audit or accounting procedures and activities; supervise the work of pari-mutuel auditors; summarize and interpret pari-mutuel audit reports and financial data; analyze situations accurately and adopt an effective course of action; prepare reports; establish and maintain cooperative relations with contracting totalisator systems managers, operators, auditors and others contacted in the work; speak effectively; plan, organize and direct the work of others; develop creative policies, practices and procedures to aid in the administration and supervision of the statewide programs of the California Horse Racing Board.
Ability to qualify for a fidelity bond; willingness to travel and work away from the headquarters office; willingness to continue professional development in computer technology.
California licensure as a Certified Public Accountant; knowledge of EDP disciplines; and recent experience auditing pari-mutuel wagering totalisator operations.