Audit Intern

Job Description

About KPMG

KPMG is a global professional services firm known for providing audit, tax, and advisory services to organizations across a wide range of industries. They are consistently ranked among the best companies to work for by various publications like Fortune Magazine, Consulting Magazine, Seramount, and Fair360. Their success is driven by their commitment to delivering real results for clients and fostering a strong company culture that emphasizes:

• Individual Development: Encouraging personal growth and career advancement.
• Inclusive Environment: Promoting a welcoming and diverse workplace.
• Innovative Excellence: Rewarding and fostering creativity and cutting-edge solutions.
• Community Support: Actively contributing to the well-being of their communities.

Audit Intern Job Description

KPMG is seeking an Audit Intern to join their Audit Services team. The intern will play a vital role in conducting financial statement audits and serving the capital markets.

Responsibilities:

• Financial Statement Audits: Work as part of a team to conduct financial statement audits, ensuring the accuracy and reliability of client financial information while upholding principles of objectivity and independence.
• Client Operations: Contribute to the effectiveness of client operations while maintaining professional integrity.
• Risk Assessment: Develop an understanding of client-specific risks by reviewing financial results, external information, current business trends, and client transactions.
• Audit Documentation: Learn to prepare clear and well-structured audit documentation related to client processes and technology systems.
• Testing and Documentation: Execute and document testing of client controls and financial statement account balances, adhering to appropriate standards and terminology.
• Engagement Support: Support the execution of high-quality audits through assigned tasks and professional client and team interactions.
• Data and Analytics (D&A): Support the use of D&A in audits, including data extraction and analysis, utilizing technologies like artificial intelligence (AI), Excel, Alteryx, SQL, Python, and Power BI to execute substantive audit procedures.

Qualifications:

• Education: Enrolled in an accredited college or university pursuing a Bachelor of Accountancy, Master of Accountancy, or equivalent.
• CPA Requirements: Pursuing educational requirements for CPA licensure in the state where the internship is located.
• GPA: 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. Experience with data analysis tools like Alteryx or Power BI is a plus.
• Accounting Knowledge: Knowledge of technical accounting and financial reporting standards, including generally accepted accounting principles.
• Computer Proficiency: Ability to navigate various computer applications, including MS Office (especially Excel) and aptitude for learning KPMG Audit tools.
• Professional Qualities: Demonstrated quality service mindset, strong communication, time management, and relationship-building skills. Ability to employ professional judgment and skepticism, flexibility, adaptability, leadership experience, resourcefulness, and project management skills are all valued.
• Location: Must reside within a commutable distance to the internship location and have access to transportation.
• Travel: 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 stays.
• Authorization: Must be authorized to work in the U.S. without the need for employment-based sponsorship.