KPMG as a whole excellent, not all practices LoBs are created equal
i'm no doubt sure than the company as a whole operates more efficiently and effectively than my specific practice did, though i'm sure there are some themes in particular places
* company "prestige and reputation"--makes you an attractive job applicant/search candidate
* structured get to know the company orientation WBT "training"
* easy to navigate org design/structure practice area (helps to understand biz unit functions)
* true attempt at providing training and "development?" opportunities
* advisory (can't speak for tax and audit or other advisory LoS outside P&C) orientation university sets a decent grounding for learning
* networking is encouraged (also after hours which isn't always a plus for everyone) and events are actually set up to facilitate it. i believe part of it is the drive to push business development down but you NEED business development for success here (its a partner firm) even for your staffing
* clear succession path levels (doesn't mean you'll make it--you better have partners gunning for you--but the path levels are clear)
* opportunity for travel if that appeals
* i don't know where to start so all i will say is that the people and change practice office in NYC is lead by a partner who is notorious for favoritism, shunning, and exclusion for talent that doesn't fit the "desired" profile. i saw more focus placed on glitzy PPT presentations than meaningful talent content
* terrible terrible onboarding experience beyond the
Points positifsprestige and reputation, structured orientation, networking opportunity
Points négatifstalent management process or lack there off
Lots of new things to learn out of College, but easy to get misplaced in the shuffle
Throughout various client projects I was able to learn many different skills both technical and softer inter-personal business skills. Initially my experience was fast-paced; I was immediately scheduled on a project and, attending meetings with various clients within weeks, and producing substantial deliverables on my own.
On-the-whole the typical work week was traveling to the client-site on Mondays and leave on Thursdays, staying at local hotels durring the week. Hours tend to be around 50+ hour weeks. On Fridays, you are implicitly expected to go into your local office to take care of some administrative work and network.
I had been moving from project to project every 6 or 8 months. However, I've found myself on a very long term engagement and have started to feel stagnant in my role. I've struggled to transition away from this project.
As my first job out of college, I expected some substantial guidance and training. I felt a rather consistent lack of support in this regard. I often felt like the development path picked for me was not fully considered.
In spite of some of the frustrations depicted here,I have no regrets about joining the firm. My co-workers have been typically great to work with and approachable. If you are prepared to travel and firmly drive your own career path (and experienced doing so), there can be great opportunity for you here. Be prepared to deal with some internal inefficiencies and bureaucracy.
Points positifsGood compensation, time off, potential opportunities, friendly co-workers
Points négatifsProblems in various internal processes: on-boarding, accessibility of peers, training.
KPMG LLP, Advisory Services, New York, NY (Feb 10 – Dec 11)
Balance Sheet Reconciliations and SOX testing
Received Encore Award for Outstanding Achievement.
Worked on various RFP’s on industries such as Energy and Healthcare
Performed Balance Sheet reconciliation reviews of 800 different accounts based on 14 different attributes. Reviewed documentation to match GL balances to ending balances and investigated unreconciled differences. Reviewed in detail material differences in reconciling items.
Reviewed monthly transactions that occurred and supporting documentation, communicated findings to account owners etc.
Reviewed amortization schedules for prepayments and debts and tied information to General Ledgers and sub-ledgers. Performed detailed reviews of intercompany transactions ranging from A/R-A/P transactions to intercompany investments in powerplants etc.
Was the main contact behind the manager in communicating with the SOX team on all the issues they had by explaining the reconciliation process for various accounts rated as high risk.
Reviews and Internal Audit
Conducted healthcare reviews by testing the entity’s financial documents, examining the entity’s revenue in detail for the years under review, as well as performing detailed data testing.
Performed reconciliations of the Audited Financial Statements to the data remitted by Hospitals and Insurance companies to ensure that the revenue data provided agreed to financials.
Tested for compliance with c
Multinational Company, Dynamic Career, Non-hierarchiecal problem solving
I came to KPMG in large part because of the potential of to work on a multitude of challenging problems with diverse clients and different teams. That expectation has been met and exceeded. As a manager in KPMG, A typical work day starts with a conference call with clients and getting to know their problems. Then I hold status quo meetings with my teams. Everyone openly offer their perspectives. I work with other directors to make decisions on allocation, budget and client meetings. In the past 5 years, I have been able to take on large amounts of responsibilities very early in my career. I manage my team workload, find ways to motivate the team morale and report to boss the progress, multi-task on various projects. I worked with very smart people. Some of them are promoted to partner in their early 30s. Some left and became controller in fortune 500 companies. Some went back top MBA schools. I am able to pick up and stay with my rest of life many of these successful people's habits and ways of doing business.
Points positifsGlobal opportunities, Exposure to high ranking client personnel, smart collegues
Points négatifsWhen the deal is closing or approaching project deadlines, the work tempo could be very intense and full of challenges.
Not a positive environment for job satisfaction or growth
I was excited about the prospect of pursuing a career in tax at KPMG, however, my typical day here was very administrative. I spent most of my time dealing with internal billing systems and waiting for work that was not much more interesting that the billing systems. The only knowledge I felt I gained during my time here (as I spent time here prior doing tax compliance and already had tax return experience) was in excel formulas and functions.
The management seemed unconcerned with actually obtaining enough work to translate to high utilization, but more concerned with creating reasons to bill clients regardless of actually having work to perform. I found management to also be unconcerned with morale or job advancement, two areas that were consistly lamented in my office.
The hardest part of the job for me was handling internal politics and learning protocols for completing engagements. To be honest, the most enjoyable part of this job was resigning.
I worked at KPMG full-time for more than 10 years
Plenty of people who want to move the needle forward
Above average compensation against marketplace
Above average benefits, e.g., Pension and health (though with the current Covid environment all VC/variable comp has been eliminated and the pension plan will likely be reduced as will the 401k plan
A lot of noise in the system/friction against all technology projects
If you look at the data not a diverse environment
Men of all colors are under represented
Too many redundant technology systems
Lack of vision and priorities: multi-million dollar spends on FL. training center, or NYC. video studio versus investing in people to run, and grow day-to-day operations, and opportunities
Advice to Management
Gain a better line of sight to division leads, and how they support, or don't support their teams
Less time on 360's and more time getting to know your people at the Manager, AD, and Director levels, their strengths and passions
Good pay, possibilities to grow and rank up,along with interesting work; terrible work life-balance and stress.
1) Most days are very busy as you scale up in the organization and involve many hours of calls, work, review and deliverables.
2) You learn the technical aspects, such as tax, on the go if you didn't have prior knowledge of the subject matter. There are great training opportunities but these are typically left to certain times of the year.
3) The culture is intense, but people are generally very nice and its diverse. However, the time commitment is almost a given and crazy hour weeks are almost expected.
4) The Hardest part of my job is hashing out some of the technical aspects of certain exercises or projects, combined with meeting tight deadlines and often having to redo work because of information changes.
5) The most enjoyable part of my job are the colleagues and clients, generally.
Points positifs401k, Perks at Work, Pay
Points négatifsLong hours, occasional toxicity, long (7 days a week of 12+hours) busy season.
KPMG is a great place for anyone in the accounting field to start their career. I love the way the auditing practice is structured. The learning environment was very conducive to the way I learn best- hands on.
Work life balance is a piece that KPMG needs to work on. Some teams embrace it wholeheartedly, while others completely forget about it... especially during "busy season". Typically, busy season lasts from the beginning of the year through February. However, this should not mean that during those two months, you have absolutely no life outside of work. Being asked to work 7 days a week for anywhere between 4-7 weeks at a time is, in my mind, too much to ask.
Also, I graduated with a Master's degree. However, associates who started at the same time I did with only a Bachelor's degree get paid the same as I do.
Points positifsteam of choice - an initiative where teams can make up "busy season" rules, such as 5 o'clock fridays, no eating lunch at your desk, etc.
Points négatifsteams who do not follow team of choice
Good company to work for if you are energetic, ready to learn many new skills and willinging to work more than the standard 35-40hr work week.
Arrived at the audit client site, planned daily work with the audit senior, requested support from client staff, prepared work papers, reported to audit manager on audit findings and work progression.
Learned how to audit areas of HR, Cash, Debt, AR, AP and Revenue.
Management was very supportive and motivating.
Co workers were fun to work with. Always cheerful and helpful even in times of heavy work load and pressure to meet deadlines. This is due mainly to the company's culture and the type of people that are hired.
Sometimes there is the need to work late for consecutive days at a time which leads to exhaustion and stress.
Interacting with client staff and learning the client business functions was definitely an enjoyable part of the job.
Points positifsCan gain valuable experience in a short time
Points négatifsFrequently long working days, and sometimes weekends
As a senior professional in HR with over 30 years of executive-level experience, I was shocked and disappointed to see how the lives of employees were toyed with behind the scenes.
While I worked with many young, bright, and hard-working professionals, the partners and principals with whom I worked were generally heartless, uncaring and uninterested in what these talented individuals had to say or contribute.
There was little to no effort to assure that associates and managers were placed on projects which would prove beneficial to their development. If they were placed on projects outside their core practice group, these employees were most often left out there with little or no guidance - no one would check in on them to see how they were being treated or if they were being utilized in a beneficial capacity.
Points négatifsbenefits, lack of ergonomic work spaces, poor control of hoteling space, dirty work environment.
Questions et réponses au sujet de l'entreprise KPMG
Comment avez-vous obtenu votre premier entretien chez KPMG ?
Posée le 20 févr. 2018
Avec la directrice sur rdv
Réponse du 29 sept. 2020
Réponse du 20 oct. 2018
Comment décririez-vous l’ambiance de travail chez KPMG ?
Posée le 16 oct. 2019
Pas conviviable, aucun effort fourni pour intégrer les nouveaux arrivants
Réponse du 17 mai 2021
Tendue, stressante, plusieurs burn-out...
Réponse du 8 mars 2021
Quelles sont les questions posées lors d’un entretien chez KPMG ?
Posée le 18 juil. 2019
Belle question 🥰
Vous voyez le nombre de candidat que j’ai à voir. Pourquoi vous ?
Conseil ne pas décrire votre Cv, il c’est déjà le lire 🤣
Réponse du 11 juil. 2021
On vous pose des questions vos dernières expériences et sur votre motivation. Vous faites des souhaits mais ils n'en tiennent pas compte.
Réponse du 4 févr. 2020
Quels conseils donneriez-vous à une personne ayant un entretien chez KPMG ?
Posée le 24 sept. 2018
Réviser les écritures comptables, savoir se présenter
Réponse du 9 juil. 2021
Etre naturel et se renseigner sur les activités du cabinet. Savoir exprimer ses attentes et ses envies, le cabinet sait en tenir compte.
Réponse du 2 févr. 2020
Quelles sont les perspectives de carrière chez KPMG ?
Posée le 20 déc. 2017
aucune si vous ne léchez pas les bottes du chef
Réponse du 21 mai 2021
Chaque année, le consultant passe au grade suivant avec une augmentation de salaire d'environ 10% (variable selon le niveau de salaire auquel le consultant a démarré)/