What Does a KPMG Director Do?

KPMG is a global network of professional services firms providing audit, tax, and advisory services. KPMG has a presence in over 150 countries and employs over 200,000 people.

A Director at KPMG is responsible for leading and managing a team of professionals in the delivery of services to clients. Directors are expected to have a deep understanding of the industry and the services that KPMG provides. They must be able to develop and maintain relationships with clients, as well as provide strategic advice and guidance. Directors must also be able to manage and motivate their teams to ensure that projects are completed on time and to the highest standards.

KPMG Director Job Duties

A KPMG Director typically has a wide range of responsibilities, which can include:

• Lead and manage a team of professionals in the delivery of audit, tax, and advisory services to clients
• Develop and maintain relationships with key client personnel, providing advice on complex accounting and financial matters
• Lead engagements from planning through completion, ensuring that all work is performed in accordance with KPMG standards
• Monitor progress against budgeted hours and costs, taking corrective action as needed
• Prepare and review engagement reports for accuracy and completeness
• Provide technical guidance and training to staff members
• Identify opportunities for improvement in processes and procedures
• Participate in business development activities, including proposal preparation and presentations
• Manage multiple projects simultaneously while meeting deadlines
• Ensure compliance with professional standards and applicable laws and regulations
• Maintain an up-to-date knowledge of industry trends and developments
• Represent KPMG at external events and conferences

KPMG Director Salary

The salary for a Director at KPMG is determined by a variety of factors, such as the individual’s experience, qualifications, and performance. Additionally, the company’s current financial situation, the size of the team, and the overall demand for the position can all influence the salary offered. The company also takes into account the local cost of living and the competitive landscape of the industry when setting salaries.

• Median Annual Salary: $291,880 ($140.33/hour)
• Top 10% Annual Salary: $389,550 ($187.28/hour)

KPMG Director Job Requirements

To be hired as a Director at KPMG, applicants must have a minimum of 10 years of professional experience in the field of accounting, finance, or consulting. A Bachelor’s degree in a related field is required, and a Master’s degree is preferred. Applicants must also have a CPA license or equivalent certification. In addition, applicants must have strong leadership and communication skills, as well as the ability to work in a fast-paced environment. Knowledge of the latest accounting and financial regulations is also required. Finally, applicants must be able to demonstrate a commitment to professional development and a willingness to take on new challenges.

KPMG Director Skills

KPMG Director employees need the following skills in order to be successful:

Budgeting: Budgeting is the process of forecasting and planning for expenses. As a director, you may be responsible for managing a company’s budget. Having strong budgeting skills can help you make informed decisions about how to allocate company resources. For example, you may be able to identify areas where you can save money and reinvest those resources into other areas of the business.

Leadership: Leadership skills can help you motivate your team and encourage them to work together to achieve goals. As a director, you may be responsible for overseeing the work of other directors, managers and staff members. Strong leadership skills can help you motivate your team and encourage them to work hard. You can also use leadership skills to help your team develop and grow professionally.

Communication Skills: Communication skills are another important skill for a director to have. As a director, you may be required to communicate with clients, employees and other stakeholders. You may also be required to give presentations to your company’s board of directors. Having strong communication skills can help you convey your ideas and messages effectively.

Problem Solving: Problem solving is the ability to identify and address issues. As a director, you may be responsible for overseeing a team of professionals and providing guidance on how to address challenges. This can include finding solutions to technical problems, resolving conflicts between employees or finding ways to improve productivity.

Public Speaking: Public speaking is a necessary skill for directors in the finance industry. KPMG directors often give presentations to clients, investors and other stakeholders. Public speaking can also be a necessary skill for directors in other industries, as well. For example, a director in human resources may need to give a presentation on employee benefits.

KPMG Director Work Environment

Directors typically work in an office setting, but may also travel to other locations to meet with clients or attend meetings. They may work long hours, including evenings and weekends, to meet deadlines or attend events. Directors must be able to handle stress and pressure, as they are often responsible for making important decisions that can have a significant impact on the organization. They must also be able to work independently and as part of a team, as they will be working with a variety of people, including other directors, managers, and staff. Directors must also be able to handle multiple tasks and prioritize their work in order to meet deadlines.

KPMG Director Trends

Here are three trends influencing how KPMG Director employees work.

Performance Management

Performance management is an emerging trend that directors need to understand in order to stay competitive. Performance management involves setting goals, tracking progress, and providing feedback to employees on their performance. It also includes developing strategies for improving employee engagement and productivity.

Performance management helps directors create a culture of accountability and transparency within the organization. By understanding how to effectively measure and manage performance, directors can ensure that their teams are working towards the same objectives and achieving desired results. Additionally, it allows them to identify areas where improvement is needed and develop plans to address those issues.

AI on the Rise

Artificial intelligence (AI) is becoming increasingly important for directors to understand and leverage. AI can help automate mundane tasks, such as data entry and customer service, freeing up time for more strategic work. It can also be used to analyze large amounts of data quickly and accurately, allowing directors to make better decisions faster.

AI can also be used to create predictive models that anticipate customer needs and trends in the market. This allows directors to stay ahead of the competition and develop strategies that will give their organization a competitive edge. As AI continues to evolve, it’s important for directors to stay informed on the latest developments so they can take advantage of its potential.

Digital Transformation

Digital transformation is the process of using digital technologies to create new or modify existing business processes, culture, and customer experiences. It’s a key factor in staying competitive in today’s market. Directors are responsible for leading their teams through this transition by understanding how technology can be used to improve operations and customer service.

Digital transformation requires directors to have an understanding of emerging technologies such as artificial intelligence (AI), machine learning (ML), blockchain, and cloud computing. They must also be able to identify opportunities to leverage these technologies to drive innovation and growth. Additionally, they need to ensure that their team has the necessary skills and resources to successfully implement digital transformation initiatives.

Advancement Prospects

Directors may advance their careers by taking on larger projects, such as feature films or television series. Directors may also move up to executive producer roles, where they are responsible for overseeing the entire production process. Directors may also move into other roles in the film industry, such as production designer, script supervisor, or production manager. Directors may also choose to move into other areas of the entertainment industry, such as music videos, commercials, or video games.

Interview Questions

Here are five common KPMG Director interview questions and answers.

1. Can you tell me about one of the biggest challenges that you faced at a previous job?

This question can help the interviewer gain insight into how you handle challenges and overcome obstacles. When answering this question, it can be beneficial to choose a challenge that you overcame or one that helped you develop skills that are relevant to the job.

Example: “At my previous position as an accountant for a small business, I was tasked with helping the company prepare its financial statements. This process included compiling all of the information from our accounting records and creating reports that would allow me to identify any issues in the company’s finances. While I had experience working on these types of projects, I didn’t have much experience preparing financial statements for public companies. To address this issue, I researched best practices for completing financial statements and used those guidelines to complete the task.”

2. Where do you see yourself in 5 years?

This question is a great way to learn more about your career goals. Employers want to know that you are committed to their company and plan on staying for the long term. When answering this question, be honest about what you hope to achieve in the next few years. Explain how working at KPMG will help you reach those goals.

Example: “I see myself as a partner in my firm by 2022. I am confident that with the support of KPMG, I can work toward achieving CPA certification within the next two years. After that, I would like to focus on growing my client base and developing my team members. I believe that I have the skills necessary to become a director within five years.”

3. Describe a time when you were tasked with developing a strategy for your company, how did you approach it?

This question can help the interviewer gain insight into your leadership skills and how you approach a task that requires critical thinking. Use examples from previous work experience to highlight your ability to plan, organize and execute strategies for success.

Example: “In my current role as an accountant at KPMG, I am responsible for developing financial models and projections for clients. In my last position, I was tasked with creating a strategy for a client who wanted to expand their business internationally. I started by researching the company’s overall goals and objectives, then created a budget based on those factors. Next, I researched international markets where the company could potentially grow its revenue stream.”

4. Give us an example of a time when you exceeded expectations on a project.

This question is a great way to show your potential employer that you are capable of being successful in this role. When answering, it can be helpful to think about the most recent time you exceeded expectations on a project and what steps you took to do so.

Example: “In my last position as an accountant, I was working with a client who had recently acquired another company. They were looking for someone to help them understand their new financials and how they could use them to make better business decisions. I volunteered to take on the project because I knew I would enjoy learning more about the process of integrating two companies together. After researching the topic extensively, I found that there were several areas where the company could save money by eliminating redundancies.”

5. What would you say is your greatest weakness?

This question is a common one in interviews, and it’s likely that you’ll be asked about your weaknesses at some point. Employers ask this question to learn more about how honest you are with yourself and others. When answering this question, try to choose a weakness that isn’t too important or relevant to the job.

Example: “I would say my greatest weakness is that I am sometimes overly critical of myself. While this can be helpful when trying to improve, it can also lead me to feel discouraged if I don’t meet all of my goals. I’ve learned to use this as motivation rather than letting it get me down.”