Audit Associate, Federal Practice

About  KPMG

KPMG firms operate in 144 countries and territories, and in FY21, collectively employed more than 236,000 people, serving the needs of businesses, governments, public-sector agencies, not-for-profits, and through KPMG firms' audit and assurance practices, the capital markets. KPMG is committed to quality and service excellence in all, bringing the best to clients and earning the public's trust through actions and behaviors both professionally and personally. KMPG leads with a commitment to quality and integrity across the global organization, bringing a passion for client success and a purpose to serve and improve the communities in which KPMG firms operate. In a world where rapid change and unprecedented disruption are the new normal, KPMG inspires confidence and empowers change in all it does.

Your Role

KPMG is currently seeking an Audit Intern to join its Audit Services Team to perform the following responsibilities:

• Develop an understanding of client-specific risks through review of financial results of the client, relevant external information, current business trends and specific client transactions, primarily for federal government clients
• Learn to prepare clear, well-structured and effective audit documentation regarding our understanding of clients processes and technology systems, including the flow of transactions, identification of risk points and controls that mitigate the risk points
• With appropriate guidance, execute and document testing of client controls and financial statement account balances with clear explanations of procedures and results using appropriate standards and terminology; identify potential misstatements and control deficiencies when performing testing procedures and escalate as appropriate
• Support the execution of a high-quality audit through the diligent performance of assigned tasks and professional client and engagement team interactions; support the use of enabling technologies in the audit, which includes effective risk assessment, data extractions, statistical-based sampling procedures and related analyses
• Identify process improvements and audit efficiencies as part of KPMGs continuous improvement culture; support project management activities by assessing and reporting status, tracking deliverables and coordinating action items; build and maintain client relationships commensurate with level and experience
• Support the use of Data and Analytics (D&A) in the audit including data extraction and analysis; utilize a range of technologies and data analysis tools to execute substantive audit procedures, such as Excel, Alteryx, SQL, Python and Power BI; assist in the preparation of the related documentation

Training & Development 

KPMG put a proactive listening strategy in place, conducting several pulse surveys and regular open forums where its people could convene, share experiences and talk about the support they needed, in their work and personal lives. To enable KPMG managers and teams to stay connected, the company continues to provide support such as onboarding, performance management, and focusing efforts on supporting mental well-being. KPMG has created dynamic, engaging, and accessible learning experiences through its robust library of Web-based training courses, instructor-led e-learning events, knowledge-sharing gateways, and more. GLOBAL ROTATIONS KPMG offers great rotational opportunities abroad that can help aspiring employees expand their horizons and develop career-enriching international experience. KPMG’s GO program can connect you to short-term assignments lasting anywhere from three months to a year, while long-term assignments can last from one to five years.

Benefits

KPMG is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. KPMG believes that “compensation” is more than a paycheck. significant short-, mid-, and long-term financial rewards connected to a career with KPMG. Here, compensation is a competitive total rewards package designed to support you with immediate and long-term financial benefits and other rewards to help provide for your overall financial, professional, and personal well-being. 

Career Progression

KPMG wants you to be inspired, challenged and motivated to be your best. As a large, multidisciplinary firm, KPMG can offer a wide variety of career opportunities, such as domestic and global rotations, transfers, or office relocations. Employees have access to a wealth of opportunities and experiences to fuel their individual career development. The Career Mobility Connection tool allows you to choose your desired interests and seek guidance from KPMG's Advisors on potential career opportunities that may be right for you.

Work-Life Balance

KPMG recognizes that balancing personal and professional lives can be a challenge. That's why KPMG provides more support to help its employees manage their personal lives while they build their careers. Everyone understands that good health is important; that's why KPMG offers Healthy Rewards for completing certain healthy activities. Full-time employees enrolled in an eligible KPMG medical plan have the opportunity to earn incentive dollars for themselves or family members by completing healthy activities. KMPG also launched the Resources for Living Employee Assistance Program which offers free access to counselors and a wealth of resources to help support your overall well-being.

Culture & Vibe

For more than 35 years, KPMG has built and upheld its unique culture centered around supporting people and their passion. At KPMG, good culture equals good business which has led them to create an environment where everyone gets a say and enjoys a stream of support systems to help employees succeed. The KPMG culture never changes but rather becomes a lifestyle that every employee is comfortable living thanks to its willingness to accept diversity, inspire change, and allow everyone to bring their unique perspective. The light of their unique culture streams through to the services they provide bringing their strategy forth at every stage. The vibe at KPMG supports authenticity hinged on a supportive framework that offers graduates all the tools to hone their skills, expand their network, and grow their way.

About You

• Must be pursuing and have obtained by the start date or have completed the following degrees/majors in the past 12 months: Bachelor of Accountancy, Master of Accountancy, or equivalent program from an accredited college or university
• Must be pursuing the state-specific education requirements to be a licensed Certified Public Accountant (CPA) in the principal place of business (the state in which the office is located) for this position, with completion of required academic credits prior to the start date for this position; CPA education requirements are determined by statute and/or rules of the state Boards of Accountancy and vary by state/jurisdiction; alternatively, education requirements to be a CPA can be pursued in an alternative state (rather than the principal place of business) by providing satisfactory documentation to the Firm that your CPA license can be obtained in the principal place of business for this position through reciprocity, based on either a CPA license held or CPA exam passed in the alternative state
• Preferred GPA of 3.0 or above
• Coursework or minor in information systems, software engineering, computer science or data and analytics preferred; experience with data analysis tools and techniques such as Alteryx or Power BI preferred
• Ability to obtain a U.S. Federal government security clearance within a reasonable period of time, which requires U.S. citizenship
• Demonstrated quality service mindset and foundational knowledge of technical accounting and financial reporting standards; knowledge of generally accepted accounting principles
• Strong technical aptitude, critical thinking and research skills; ability to navigate various computer applications, including MS Office (emphasis on Excel); aptitude to quickly learn KPMG Audit tools and applications used by our clients
• Strong communication, time management and relationship-building skills; able to employ sound professional judgment and professional skepticism; flexible and adaptable team player; leadership experience and resourceful in delivering high quality work; ability to demonstrate project management skills is a plus
• Must reside within a reasonably commutable distance to the office for this position and be able to travel to reasonably commutable work locations using own means of transportation, such as a personal vehicle or public transportation
• Work location may be in the office but will typically be at client sites, some of which may require travel and overnight/extended stay (varies by office); Audit professionals may have the opportunity to work virtually/remotely in the U.S. depending on business needs
• Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. KPMG LLP will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

How to Apply

• To apply for this position, simply click the “APPLY” button on this page.
• There are typically three rounds of interviews that candidates go through before receiving a KPMG job offer, but the interview process slightly varies by office.
• If your skills meet an immediate need, you can be hired within a week.
• For the regular process, It takes nearly a month to get hired.

Source

The following sources were used in researching this page:

• kpmguscareers.com