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 various industries. KPMG’s growth is fueled by its commitment to delivering real results for its clients and its strong company culture. This culture encourages individual development, embraces inclusivity, rewards innovation, and supports communities.

These qualities have earned KPMG consistent recognition as one of the best companies to work for by prestigious publications like Fortune Magazine, Consulting Magazine, Seramount, and Fair360. If you’re passionate about your future, KPMG invites you to join their team.

Audit Intern Job Description

KPMG is seeking an Audit Intern to join their Audit Services team.

Responsibilities:

• Financial Statement Audits: Work as part of a team to conduct financial statement audits and contribute to ensuring the accuracy and reliability of client financial information.
• Capital Markets: Help ensure compliance with capital market regulations while upholding principles of objectivity and independence.
• Client Operations: Contribute to the overall effectiveness of client operations while maintaining high standards of professional integrity.
• Risk Assessment: Develop an understanding of client-specific risks by reviewing financial results, relevant external information, current business trends, and client transactions, primarily for financial services clients.
• Audit Documentation: Learn to prepare clear and well-structured audit documentation regarding the understanding of client processes and technology systems.
• Control & Balance Testing: With appropriate guidance, execute and document testing of client controls and financial statement account balances using relevant standards and terminology.
• Audit Execution: Support the execution of high-quality audits through the performance of assigned tasks and professional client and engagement team interactions.
• Data & Analytics: Support the use of Data & Analytics (D&A) in the audit, including data extraction and analysis. Utilize various technologies and data analysis tools like AI, Excel, Alteryx, SQL, Python, and Power BI to execute substantive audit procedures. 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 Eligibility: Pursuing educational requirements for CPA licensure in the principal place of business (the state in which the office is located) for this position.
• GPA: Preferred GPA of 3.0 or above.
• Coursework: Coursework or a 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.
• Technical Skills: Knowledge of technical accounting and financial reporting standards, generally accepted accounting principles (GAAP), and various computer applications, including MS Office (especially Excel).
• Soft Skills: Demonstrated quality service mindset; strong communication, time management, and relationship-building skills; ability to employ sound professional judgment and professional skepticism; flexible and adaptable team player; leadership experience; resourceful in delivering high-quality work; ability to demonstrate project management skills is a plus.

Other Requirements:

• Travel: Ability to travel to reasonably commutable work locations using own means of transportation (personal vehicle or public transportation).
• Work Location: Work location will require the ability to work on client sites in Buffalo, New York between 40-60% of the time each week.
• Authorization: Must be authorized to work in the U.S. without the need for employment-based sponsorship.