What Does a KPMG Intern Do?

KPMG is a global network of professional services firms providing audit, tax, and advisory services. KPMG is one of the Big Four accounting firms and is known for its commitment to excellence and innovation.

As an intern at KPMG, you will have the opportunity to gain valuable experience in the professional services industry. You will work on projects with experienced professionals and gain insight into the day-to-day operations of the firm. You will also have the opportunity to develop your skills in areas such as research, analysis, problem solving, and communication. Interns may also have the opportunity to participate in networking events and other activities to help them build their professional network.

KPMG Intern Job Duties

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

• Assist in the preparation of financial statements, reports, and other documents
• Assist with data entry and analysis for various projects
• Participate in client meetings to gain an understanding of their business operations
• Develop a working knowledge of KPMG’s audit methodology and processes
• Research technical accounting issues as needed
• Prepare workpapers and supporting documentation for review by senior staff
• Utilize technology tools such as Microsoft Office Suite (Word, Excel, PowerPoint)
• Work collaboratively with team members on assigned tasks
• Demonstrate strong communication skills both verbally and written
• Maintain confidentiality of sensitive information
• Adhere to all professional standards and regulations
• Attend training sessions and seminars to stay up-to-date on industry trends

KPMG Intern Salary

The salary for an intern at KPMG is determined by a variety of factors, including the individual’s qualifications, experience, and the specific job duties. Additionally, the location of the job and the current market rate for similar positions can also influence the salary. KPMG also takes into account the individual’s performance and the overall value they bring to the company.

• Median Annual Salary: $58,392 ($28.07/hour)
• Top 10% Annual Salary: $76,220 ($36.64/hour)

KPMG Intern Job Requirements

KPMG is looking for interns who are currently enrolled in an undergraduate or graduate degree program. Applicants must have a minimum GPA of 3.0 and must be able to demonstrate strong academic performance. Interns must also have excellent communication and interpersonal skills, as well as the ability to work independently and as part of a team.

In addition to the educational requirements, KPMG also requires that interns have a strong interest in the accounting and finance industry. Interns should have a basic understanding of accounting principles and be able to demonstrate an aptitude for problem-solving. KPMG also requires that interns have a valid driver’s license and reliable transportation. Finally, interns must be able to pass a background check and drug test.

KPMG Intern Skills

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

Multitasking: As a KPMG intern, you may be responsible for multiple tasks at once. This can include working on multiple projects, attending meetings and completing research. Being able to multitask can help you manage your time effectively and complete all of your tasks.

Critical Thinking & Problem Solving: Critical thinking and problem solving are two skills that can help you succeed as a KPMG intern. As an intern, you may be tasked with finding solutions to complex problems or finding ways to improve processes. Your ability to think critically can help you find the best solution to a problem and improve your overall performance.

Professionalism: As an intern, you may be representing your company to clients and other stakeholders. Therefore, it’s important to be professional in your interactions with others. This includes dressing appropriately, being punctual and maintaining a professional attitude.

Teamwork Abilities: Working in a team can help you develop your teamwork skills. Interns often work with other professionals on projects, so it’s important to be a team player. You can show your ability to work with others by being friendly, respectful and helpful.

Computer Skills: Computer skills are a necessary skill for any intern, as most of your work will be done on a computer. Having strong computer skills can help you complete tasks more efficiently and complete them more quickly.

KPMG Intern Work Environment

KPMG interns typically work 40 hours per week, with some flexibility to work additional hours as needed. Interns are expected to work in the office during normal business hours, although some remote work may be available depending on the project. Interns are expected to be professional and punctual, and to adhere to the company’s dress code. Interns may be required to travel to client sites or other KPMG offices, and may be asked to work overtime to meet deadlines. Interns are expected to work in a team environment and to collaborate with colleagues to complete projects. The work environment is fast-paced and demanding, and interns must be able to handle multiple tasks and prioritize their work.

KPMG Intern Trends

Here are three trends influencing how KPMG Intern employees work.

Part Time, Full time, Summer, Fall, Spring and Winter

KPMG is now offering a variety of internships to accommodate the changing needs of students. Interns can choose from part-time, full-time, summer, fall, spring and winter options. This allows interns to gain valuable experience while still managing their studies or other commitments.

KPMG’s flexible internship program also provides an opportunity for interns to explore different areas of the business and develop skills in multiple disciplines. It also gives them the chance to network with professionals across the firm and build relationships that could lead to future employment opportunities.

Remote work

Remote work is becoming increasingly popular in the corporate world, and KPMG is no exception. As a KPMG intern, it’s important to understand how remote work can benefit your career. Remote work allows you to collaborate with colleagues from around the world, giving you access to new perspectives and ideas. It also gives you more flexibility in terms of when and where you work, allowing you to better manage your time and energy.

Remote work also provides an opportunity for interns to gain experience working on projects outside their comfort zone. By taking on tasks that require different skillsets or involve unfamiliar technologies, interns can expand their knowledge base and develop new skills. This will help them stand out as they move up the ranks at KPMG.

Paid and Unpaid

KPMG Interns are increasingly being offered both paid and unpaid internships. Paid internships offer the opportunity to gain valuable experience while earning a salary, while unpaid internships provide an invaluable learning experience without any financial compensation.

Paid internships are becoming more popular as they allow interns to gain real-world experience in their field of study while also providing them with a steady income. Unpaid internships, on the other hand, can be beneficial for those who want to gain experience but cannot afford to take a pay cut.

It is important for KPMG Interns to understand the differences between paid and unpaid internships so that they can make informed decisions about which type of internship best suits their needs.

Advancement Prospects

KPMG interns have the opportunity to gain valuable experience and knowledge in the accounting and finance fields. Interns may be able to move up to a full-time position with the company, or they may choose to pursue a career in a related field. Common job titles that KPMG interns may move up to include Accountant, Financial Analyst, Tax Analyst, and Audit Manager. With the right experience and qualifications, KPMG interns may also be able to move up to higher-level positions such as Chief Financial Officer or Partner.

Interview Questions

Here are five common KPMG Intern interview questions and answers.

1. Give us an example of a time where you used critical thinking skills.

This question is a great way to show your interviewer that you have the ability to use critical thinking skills and apply them in real-world situations. When answering this question, it can be helpful to provide an example of how you used critical thinking skills to solve a problem or challenge.

Example: “In my accounting class last semester, we were learning about different types of audits. I was having trouble remembering all of the different types of audits, so I decided to create a mind map on my computer to help me remember. While creating the mind map, I realized there were many similarities between some of the audit types. This led me to realize that there are actually only three main types of audits, which made it much easier for me to remember.”

2. We ask all our interns to participate in community service projects. Are you interested in doing this?

KPMG is a socially responsible company that encourages its employees to give back to the community. The firm wants interns who are willing to participate in these projects and help make a positive impact on society. When answering this question, show your interest in helping others by sharing an example of how you have done so in the past.

Example: “I am very passionate about giving back to my community. In high school, I volunteered at a local soup kitchen every Wednesday after school. This was a great way for me to get out of class early while also making a difference in someone else’s life. I learned valuable skills like communication and teamwork through this experience.”

3. Describe your leadership style.

This question can help the interviewer determine how you might fit into their organization. Leadership style is a unique characteristic that helps an employer understand your potential to be successful in their company. When answering this question, it can be helpful to describe what leadership means to you and how you have applied it in previous roles.

Example: “I believe my greatest strength as a leader is my ability to communicate effectively with others. I am always willing to listen to other people’s ideas and opinions, even if they differ from mine. This has helped me build strong relationships with my team members and develop solutions to problems together.”

4. If your supervisor asked you to do something unethical what would you do?

This question is a great way to test your moral compass and see how you would react in an uncomfortable situation. It also shows the interviewer that you are willing to stand up for what’s right, even if it means losing your internship.

Example: “If my supervisor asked me to do something unethical, I would first try to convince them of why their request was wrong. If they refused to change their mind, I would report them to HR or another supervisor who could help resolve the issue.”

5. Where do you see yourself in 5 years?

Employers ask this question to see if you have a plan for your future. They want to know that you are motivated and driven, so they can be sure you will stay with the company long enough to benefit from their investment in hiring you as an intern. When answering this question, make sure you show that you have thought about your career path and how it fits into your life goals.

Example: “I hope to still be working at KPMG in five years. I am very passionate about accounting and finance, and I would love to continue my education in this field. In five years, I hope to have graduated from college with a degree in accounting and passed the CPA exam. I also hope to have worked here long enough to become a full-time employee.”