What it does: It provides audit, tax, and consulting services to global organizations with a focus on entrepreneurial growth.
Mission: It works with a vision to be the first-choice advisor to middle market leaders globally and a purpose to deliver the power of being understood to their clients, colleagues, and communities.
Size and presence: RSM is the fifth largest accounting firm in the United States with more than 15,000 employees working for it across 91 cities nationwide and in Canada. It also has offices in India and El Salvador.
Best known for: Its wide range of services and solutions including asset Audit, Business Tax, Business Strategy & Operations, Digital & Data Transformation, Family Office, Managed Services & Outsourcing, Mergers & Acquisitions, Risk, Fraud & Cybersecurity, Global Business Services, and Private Client Services.
The good bits: RSM has its presence in many countries and cities where it generates countless employment opportunities. Through RSM International, the firm employs approximately more than 51,000 professionals from over 800 offices located in over 123 countries.
The not-so-good bits: Working in an audit, tax, and consulting firm involved fighting in the ever-growing competitive environment and staying updated with technology. There is also pressure to meet clients’ expectations to stand out.
RSM is an audit, tax, and consulting firm founded in 1926 by Ira B. McGladrey in Cedar Rapids, Iowa. After its establishment, the founder became a prominent figure in public accounting in Iowa and also served as President of the Iowa Society of Certified Public Accountants, chairman of the Iowa Board of Accountancy, and a member of the Rules Committee of the American Institute of Certified Public Accountants.
The major service lines of RSM include Audit & Financial Reporting Services, Tax Advisory Services, and Consulting Services. The company focuses on providing services in the middle market and is the fifth-largest accounting firm in the United States. It employs more than 15,000 professionals across 91 cities in the U.S. and over 51,000 professionals in different countries.
The major industries it serves include firms like Automotive, Asset Management, Capital Markets, Construction, Energy, Consumer Goods, Financial Services, Food & Beverage, Government, Healthcare, Insurance, Real Estate, Life Sciences, Speciality Finance, Retail, NonProfit & Education, Professional Services, Private Equity, and Technology Companies.
RSM fosters an inclusive environment and encourages employees to achieve their personal and professional aspirations. The company has a diverse and inclusive work culture where all bring unique talents and perspectives together. The company strives to personalize the leadership of its employees and also provide skill development opportunities.
Every member of RSM’s team has a different background and the company works to promote a transparent and authentic environment.
The first step to getting a job at RSM is to fill out the relevant job application form on its official website. The candidates will be asked to provide details like educational achievements, work experience, relevant skills, etc. It will be reviewed and reverted within five to seven working days. The next is to complete an online situational assessment and the candidates will be given a few days to complete this assessment.
After completing the assessment, the applicant will be invited to an online video assessment that will be followed by an invitation to attend a virtual assessment. This will include RSM’s introduction and interview with the company’s managers. Once the candidate has completed all these steps, the selected ones will be called to come to the office and discuss the offer details.
RSM offers many career opportunities to professionals as well as students and recent graduates. Students and recent graduates can start their careers with the company by joining its leadership, internship, and scholarship opportunities. Whereas, experienced professionals can apply for job positions they think are most suitable for them.
Interested candidates can look for relevant jobs in categories like Audit, Consulting, Tax, Operations, and more. However, the internship programs are apt for students and consist of orientation & training, hands-on experience, and mentorship.
The salaries at RSM differ from position to position but the company pays a decent amount of remuneration to all its employees. For instance, the popular roles like Audit Partner, Tax Partner, Tax Manager, and Transaction Manager get around $250,000, $239,171, $110,750, and $148,960 per year respectively.
However, the roles like Audit Associate, Office Administrator, Office Manager, Senior Administrator, etc get a salary somewhere between $54,418 and $85,700 per year.
To help the communities and environment, RSM is working to enhance sustainability by reducing waste, electricity usage, and green gas emissions. The company also encourages its employees to take part in different volunteer programs to protect the environment.
28 of RSM US’s office buildings are LEED (Leadership in Energy and Environmental Design) certified and also recognized by the green building certification systems of the U.S. Green Building Council. Moreover, it encourages all employees to reduce or eliminate the use of paper whenever possible.
One of the major controversies associated with RSM is when the company was charged with violating Auditor Independence Rules in 2019. The Securities and Exchange Commission charged the firm in connection with over 100 audit reports involving at least 15 audit clients. According to the charges, the company represented that it was ‘Independent’ in audit reports issued on the client’s financial statements but the committee found that the firm along with its associated entities provided non-audit services to affiliates of the company’s audit clients.