Audit Intern

Job Description

About KPMG

KPMG is a global professional services firm known for its excellent work environment and career development opportunities. They provide audit, tax, and advisory services to organizations across a wide range of industries.

KPMG’s commitment to delivering real results for its clients is driven by its strong company culture. This culture values:

• Individual development: KPMG fosters personal and professional growth for its employees.
• Inclusivity: KPMG promotes a diverse and welcoming workplace for all.
• Innovative excellence: KPMG encourages creativity and innovation in its solutions.
• Community support: KPMG is dedicated to giving back to the communities it serves.

These values have consistently earned KPMG recognition as one of the best companies to work for by reputable organizations such as Fortune Magazine, Consulting Magazine, Seramount, and Fair360.

Audit Intern Job Description

KPMG is seeking an Audit Intern to join their Audit Services team. This internship offers an opportunity to gain valuable experience in the field of auditing while contributing to the success of the team.

Responsibilities:

• Work as part of a team to conduct financial statement audits, playing a key role in ensuring the accuracy and reliability of client financial information.
• Uphold the principles of objectivity and independence in all work.
• Contribute to the effectiveness of clients’ operations while maintaining the highest standards of professional integrity.
• Develop an understanding of client-specific risks through various assessments, including financial results, relevant external information, current business trends, and client transactions, with a primary focus on financial services clients.
• Learn to prepare comprehensive and well-structured audit documentation, detailing the understanding of client processes and technology systems.
• With appropriate guidance, execute and document the testing of client controls and financial statement account balances, adhering to relevant standards and terminology.
• Support the execution of high-quality audits by performing assigned tasks and interacting professionally with clients and engagement teams.
• Support the use of Data and Analytics (D&A) in the audit process, including data extraction and analysis.
• Utilize a range of technologies and data analysis tools, such as AI, Excel, Alteryx, SQL, Python, and Power BI, to execute substantive audit procedures.
• Assist in the preparation of related documentation.

Qualifications:

• Must be enrolled in an accredited college or university pursuing a Bachelor of Accountancy, Master of Accountancy, or equivalent program.
• Must be pursuing educational requirements for CPA licensure in the principal place of business (the state in which the office is located) for this position, completing academic credits required prior to starting as an Audit Associate.
• Preferred GPA of 3.0 or above.
• Coursework or a minor in information systems, software engineering, computer science, or data and analytics preferred.
• Experience with data analysis tools like Alteryx or Power BI preferred.
• Knowledge of technical accounting and financial reporting standards, including generally accepted accounting principles.
• Proficiency in navigating various computer applications, including MS Office (with an emphasis on Excel).
• Aptitude for quickly learning KPMG Audit tools and applications used by clients.
• Demonstrated commitment to providing quality service.
• Strong communication, time management, and relationship-building skills.
• Ability to employ sound professional judgment and professional skepticism.
• Flexible and adaptable team player with leadership experience.
• Resourceful in delivering high-quality work, demonstrating project management skills is a plus.
• Must be able to travel to reasonably commutable work locations using own means of transportation, such as a personal vehicle or public transportation.
• Work location will require the ability to work on client site(s) in Buffalo, New York between 40-60% of the time each week.
• Must be authorized to work in the U.S. without the need for employment-based sponsorship now or in the future.

Compensation and Benefits:

KPMG LLP offers a competitive compensation and benefits package, including a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits. The firm also provides Personal Time Off per fiscal year, depending on job classification, standard work hours, and years of service.

KPMG is an Equal Opportunity Employer.

Please note: KPMG does not currently require partners or employees to be fully vaccinated or test negative for COVID-19 in order to go to KPMG offices, client sites, or KPMG events, except when mandated by federal, state, or local law. In some circumstances, clients may also require proof of vaccination or testing (e.g., to go to the client site).

KPMG recruits on a rolling basis. Candidates are encouraged to apply expeditiously to any role(s) for which they are qualified and interested.