Audit Intern

Job Description

KPMG: A Leading Professional Services Firm

KPMG is a global network of professional firms providing Audit, Tax, and Advisory services to organizations across diverse industries. Known for its strong company culture that fosters individual development, inclusivity, innovation, and community support, KPMG is consistently ranked among the best companies to work for by reputable organizations like Fortune Magazine, Consulting Magazine, Seramount, and Fair360.

KPMG is currently seeking an Audit Intern to join its Audit Services team. This internship offers aspiring accounting professionals a chance to gain valuable experience and build a career within a leading professional services firm.

Responsibilities:

• Auditing: Play a key role in conducting financial statement audits, ensuring accuracy and reliability of client financial information while adhering to principles of objectivity and independence.
• Client Operations: Contribute to the overall effectiveness of client operations, maintaining high standards of professional integrity.
• Risk Analysis: Develop a thorough understanding of client-specific risks through analyzing financial results, external information, current business trends, and client transactions.
• Audit Documentation: Learn to create clear and well-structured audit documentation detailing the firm’s understanding of client processes and technology systems.
• Control Testing: Execute and document testing of client controls and financial statement account balances using appropriate standards and terminology.
• Audit Execution: Contribute to high-quality audit execution through assigned tasks, professional interactions with clients, and engagement team collaboration.
• Data Analytics: 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, including AI, Excel, Alteryx, SQL, Python, and Power BI, to execute substantive audit procedures.
• Documentation Preparation: Assist in preparing related documentation.

Qualifications:

• Education: Must be enrolled in an accredited college or university pursuing a Bachelor of Accountancy, Master of Accountancy, or equivalent program.
• CPA Licensing: Actively pursuing educational requirements for CPA licensure in the principal place of business for the position (completion of academic credits required prior to starting as an Audit Associate).
• Academics: A preferred GPA of 3.0 or above.
• Technical Skills: Coursework or minor in information systems, software engineering, computer science, or data and analytics is preferred, along with experience in data analysis tools like Alteryx or Power BI.
• Knowledge: Knowledge of technical accounting and financial reporting standards, as well as generally accepted accounting principles, is necessary.
• Computer Proficiency: Ability to navigate various computer applications, including MS Office (especially Excel), and aptitude to quickly learn KPMG Audit tools and applications used by clients.
• Professional Skills: Demonstrated quality service mindset, strong communication, time management, and relationship-building skills. Ability to exercise sound professional judgment and professional skepticism. Flexible and adaptable team player with leadership experience. Resourceful in delivering high-quality work and able to demonstrate project management skills.
• Location: Must reside within a reasonably commutable distance to the office for the position and be able to travel to reasonably commutable work locations using personal transportation.
• Work Schedule: 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).
• Authorization: Must be authorized to work in the U.S. without the need for employment-based sponsorship.

KPMG 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 and observes holidays throughout the year.

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