Unable to position pager (navigation bar) above jqGrid

According the the jqGrid documentation, I should be able to place the pager above or below the jqGrid by moving the pager div. Unfortunately, the pager always renders below the grid.

<div id="pager"></div>
<table id="list">
    <tr>
        <td />
    </tr>
</table>

The jqGrid configuration (related to the pager) looks like:

pager: '#pager',
pginput: false,
pgbuttons: false,

Any suggestions?