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Audit

KPMG is a global network of professional services firms. Across 144 countries, 137,000 KPMG people provide Audit, Tax and Advisory services to a huge range of clients, from leading brands to public bodies, global multi-nationals and local businesses. KPMG people are professional, intelligent and talented; and they are complemented by an outstanding support network with opportunities to develop personally and professionally. Whatever we do, we work together. We seek to provide the best services for our firms’ clients; we aim to give meaningful insight, master the issues and deliver what businesses need to succeed.

What is audit?

Audit is the independent checking of a company’s accounts to verify accuracy. It’s the process which checks assets against published accounts to deliver a true and fair account. Auditing is also about understanding and analysis; we need to advise our firm’s clients on rules and procedures for the reporting of accounts and help them understand regulations.

What does an auditor do?

No two clients are the same and every project is different. An auditor will be on a client site for the duration of the audit - this will range in duration from a couple of weeks to anywhere up to three months depending on the size of the client. Larger projects may see you working as part of a multi-disciplinary team.

Typically, audits consist of a cycle of research; consultation; communication and inspection; analysis and reporting. Auditors start projects by gaining an in-depth understanding of the client’s business through research, conversations and a series of visits. You’ll meet with Financial Directors and Senior Managers to discuss strategy and operations, and begin the inspection and analysis:

  • Reviewing previous audits to gain insights into client-specific processes
  • Checking client records against bank records
  • Checking the existence and accuracy of listed assets
  • Confirming an accurate and complete list of client suppliers
  • Examining the client’s stock-taking methods
  • Performing a sample stock-take to evaluate the accuracy of the client’s records
  • Testing client processes and controls

The next stage is to construct a report showing your findings, highlighting the key issues, making any recommendations and showing the final accounts.

The wide range of businesses and projects we work on means that auditors have huge variety in their roles, and get to team up with people from many different KPMG business streams. Client visits are a huge part of the role so you’ll be moving from environment to environment and experiencing a huge range of different industries, locations and businesses. The variation in this role means there’s no set pattern for the type of checks you’ll carry out: auditors do plenty of interesting things like checking that the people and buildings a company says they have actually exist.

Who will I work with?

On most audits you’ll be a member of a team, which will vary in size depending on the scale of the client and the project. The team will be made up of KPMG people at the top of their profession - giving you an amazing opportunity to learn from some of the industry’s best and gain top-quality experience. You’ll report to an Assistant Manager (typically, an auditor with two or three years’ experience), and there will also normally be a Manager of each audit (and, on some of the bigger projects, a Senior Manager). Ultimately, each audit gets signed off by a KPMG Partner too. You’ll also work with a coach who will help you develop your skills and improve your performance – you’ll have regular reviews to check how you’re doing, and to see where you can extend your abilities.

You will be appointed a mentor who will be in the second year of their training contract and will be able to provide advice and support in relation to the culture of the office and the qualification training. You are also allocated a performance manager who will provide feedback on your skills, learning and development and performance, to enable you to progress in the best possible way, and make the most of every opportunity.

Where do I go from here?

We’re committed to providing you with the best tools, resources and support throughout your career. Our success is based on the talents and abilities of our team, and our focus is on providing you with the best opportunities to learn and develop across the organization.

As an auditor, we’ll help you achieve the ICAEW or ACCA qualification - supporting you through the process as well as helping you develop soft skills like customer liaison, building effective working relationships, time management and negotiation. Audit is a great base to a career due to the range of skills it provides, whether you want to progress through auditing management roles or move into other areas of the business.

KPMG is a global organization with an extensive network of member firms, meaning we’re able to offer an outstanding range of opportunities, roles and locations as you develop. We run programs to support people on international assignments so that our people really get the chance to make the most of our size. Plus, our multiple business streams mean you have the chance to move internally and widen your experiences across a variety of functions, all the time learning new skills and developing your personal and professional life.

What else do I get?

At KPMG Channel Islands Limited, training and career development are fundamental to our business. We believe training and development are essential elements in a successful professional career. Our business depends upon our people, and it is your skills, ability, expertise and enthusiasm, which makes KPMG a leader amongst professional firms.

We ensure that all employees attend regular accountancy seminars and courses so that they have up to date knowledge of the financial environment. In addition to technical training we also provide training in business skills to assist with your development as a professional.

KPMG have a sports and social committee which organises a number of events throughout the year, including trips to local islands, rib voyages and kayaking. We also organize a number of events to help the local community. Recent events have included redecorating a charity shop, painting a Youth Centre and reading with pupils at a local Primary School.

We offer benefits that really mean something to KPMG people. In addition to strong starting salaries, we offer:

  • Three Year Training Contract
  • 23 Days Annual Leave
  • £200 Annual Travel Allowance
  • £200 New Job Clothing Allowance
  • Paid Overtime
  • Performance Related Bonus Scheme
  • Life Insurance
  • Permanent Health Insurance
  • Private Health Cover
  • Annual Gym Membership
  • Annual Institute Subscription Fes
  • Sports and Social Events
  • Confidential Counselling Service

What do I need?

We employ lots of different people with lots of different skills, but there are universal strengths that all KPMG people have. In addition to a strong academic record, we want people with useful practical skills. So to begin with you’ll need to meet our minimum standards:

Graduates

  • First or Upper Second class honors degree
  • 3 A Level qualifications at grade B or above
  • Grade B or above in both GCSE English and Mathematics

‘A’ Level School Leavers

  • 3 A Level qualifications at grade B or above
  • Grade B or above in both GCSE English and Mathematics

But you’ll also need to have good writing skills to help you construct reports. You’ll need a commercial focus to understand our clients’ issues. You’ll need excellent problem-solving skills to help you master each project. You’ll need boardroom credibility to talk to clients’ senior managers. And above all, you’ll need the desire and ability to provide crucial consultation and analysis for all the different clients you’ll help.

To apply

Send your CV and Covering Letter to:

Guernsey
Elaine Painter
careers@kpmg.guernsey.gg

Jersey
Louise Carrington
careers@kpmg.jersey.je

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