Audit Intern

November 21, 2024
$85000 / year

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Job Description

About KPMG:

KPMG is a leading provider of audit, tax, and advisory services to organizations across major industries. They are renowned for their positive work environment and commitment to career development. Their success is attributed to delivering strong results for clients and fostering a culture that encourages individual growth, inclusivity, innovation, and community support. KPMG consistently ranks among the best companies to work for according to various publications including Fortune Magazine, Consulting Magazine, Seramount, and Fair360.

Job Description: Audit Intern

KPMG is seeking an Audit Intern to join their Audit Services team. The intern will be an integral part of a team conducting financial statement audits for clients in the capital markets. The role focuses on ensuring the accuracy and reliability of client financial information while adhering to principles of objectivity and independence.

Responsibilities:

• Work collaboratively within a team to conduct financial statement audits.
• Contribute to the overall effectiveness of client operations while maintaining the highest professional integrity.
• Analyze financial results, external information, current business trends, and client transactions to understand client-specific risks.
• Prepare clear and well-structured audit documentation detailing the understanding of client processes and technology systems.
• Execute and document testing of client controls and financial statement account balances using established standards and terminology.
• Support the execution of high-quality audits through task performance and positive interactions with clients and the engagement team.
• Utilize Data and Analytics (D&A) in the audit process, including data extraction and analysis.
• Employ a variety of technologies and data analysis tools (AI, Excel, Alteryx, SQL, Python, Power BI) to perform substantive audit procedures and prepare related documentation.
• Maintain a respectful and courteous work environment, demonstrating integrity and professionalism.

Qualifications:

Must be enrolled in an accredited college or university pursuing a Bachelor of Accountancy, Master of Accountancy, or equivalent.
Must be pursuing educational requirements for CPA licensure in the state where the office is located (completion of necessary academic credits before starting as an Audit Associate).
Preferred GPA of 3.0 or above.
• Coursework or minor in information systems, software engineering, computer science, or data and analytics is preferred. Experience with data analysis tools like Alteryx or Power BI is also preferred.
• Knowledge of technical accounting and financial reporting standards, and generally accepted accounting principles (GAAP).
• Proficiency in various computer applications, especially MS Office (Excel), and the ability to quickly learn KPMG Audit tools and client applications.
• Demonstrated commitment to quality service, strong communication, time management, and relationship-building skills. The ability to exercise sound professional judgment, professional skepticism, and adaptability within a team environment is essential. Leadership experience and project management skills are a plus.
Must reside within reasonable commuting distance of the office and be able to travel to client sites as needed (using personal transportation).
Must be authorized to work in the U.S. without the need for sponsorship (no visa sponsorship available).
• Audit professionals are expected to work in-person at a KPMG office or client site on an average of three days per week; some client site locations may require travel and overnight/extended stay (varies by office).