Audit Intern

August 14, 2024

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Job Description

About KPMG:

KPMG is a global professional services firm known for providing audit, tax, and advisory services to organizations in various industries. The company is renowned for its positive work environment and commitment to employee development. KPMG’s culture emphasizes individual growth, inclusivity, innovation, and community support. These values have consistently earned the company recognition as a top employer by publications such as Fortune Magazine, Consulting Magazine, Seramount, and Fair360.

Job Description: Audit Intern

KPMG is seeking an Audit Intern to join its Audit Services team. The intern will work alongside experienced professionals in conducting financial statement audits and contribute to the accuracy and reliability of client financial information.

Responsibilities:

• As part of a team, play an integral role in conducting financial statement audits.
• Help ensure the accuracy and reliability of client financial information while upholding the principles of objectivity and independence.
• Contribute to the overall effectiveness of client operations while maintaining the highest standards of professional integrity.
• Develop an understanding of client-specific risks through reviewing financial results, relevant external information, current business trends, and client transactions.
• Learn to prepare clear and well-structured audit documentation regarding the understanding of client processes and technology systems.
• Under appropriate guidance, execute and document testing of client controls and financial statement account balances using appropriate 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 audits, including data extraction and analysis.
• Utilize a range of technologies and data analysis tools to execute substantive audit procedures, including artificial intelligence (AI), Excel, Alteryx, SQL, Python, and Power BI.
• Assist in the preparation of related documentation.

Qualifications:

• Must be enrolled in an accredited college or university and 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).
• Completion of academic credits is required prior to starting as an Audit Associate.
• Upon completion of the internship, candidates must have additional academic credits to complete before obtaining their degree and/or CPA eligibility requirements.
• Preferred GPA of 3.0 or above.
• Coursework or a minor in information systems, software engineering, computer science, or data and analytics is preferred. Experience with data analysis tools such as Alteryx or Power BI is also preferred.
• Knowledge of technical accounting and financial reporting standards, as well as generally accepted accounting principles is necessary.
• Ability to navigate various computer applications, including MS Office (emphasis on Excel), and an aptitude to quickly learn KPMG Audit tools and applications used by clients is required.
• Demonstrated quality service mindset, strong communication, time management, and relationship-building skills are essential.
• The ability to employ sound professional judgment and professional skepticism, be a flexible and adaptable team player, and possess leadership experience is a plus.
• Resourcefulness in delivering high-quality work and the ability to demonstrate project management skills is also beneficial.
• Must reside within a reasonably commutable distance to the office and be able to travel to reasonably commutable work locations using own means of transportation.
• Audit professionals are expected to work in-person at a KPMG office or client site on average three days per week. Some client site locations may require travel and overnight/extended stay.
• Must be authorized to work in the U.S. without the need for employment-based sponsorship. KPMG LLP will not sponsor applicants for U.S. work visa status for this opportunity.

Compensation and Benefits:

KPMG offers a comprehensive compensation and benefits package. The package includes 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, with additional firmwide breaks for holidays.

To learn more about KPMG’s benefits, please visit their careers website.