KPMG Consulting [2024 Profile]
KPMG Consulting is a professional services firm that provides audit, tax, and advisory services to businesses and governments worldwide. With over 219,000 employees in nearly 150 countries, it’s one of the largest audit and consulting firms in the world.
KPMG has been providing quality services for decades, and today it offers a wide range of services to help clients grow and succeed in today’s complex business environment.
Read on for a closer look at KPMG Consulting and what they have to offer their clients.
KPMG Key Statistics and Contacts
KPMG’s global headquarters are located in Amstelveen, Netherlands. However, as a whole, the firm has a global network of offices exceeding 650, with over 100 in the U.S. Additionally, the firm has over 219,000 people worldwide and 35,000+ in the U.S. alone.
The company’s broad reach and diverse range of services are reflected in its performance. In the fiscal year ending September 30th, 2021, KPMG reported global revenues of $32.13 billion.
Background/ History of KPMG Consulting
The origin of KPMG can be traced back to 1987 when Klynveld Main Goerdeler (KMG) and Peat Marwick International (PMI) merged to create KPMG. Since then, the firm has grown significantly and provides services to clients in more than 150 countries around the world.
It is now one of the “Big Four” accounting firms and has continued to expand its services over the years.
Work/ Focus Areas at KPMG Consulting
KPMG provides a comprehensive range of professional services to businesses and governments across five main practice areas: Audit & assurance, tax & legal, advisory, private enterprise, and innovation and technology.
However, KPMG Consulting focuses on the following areas:
- Management Consulting- KPMG offers a broad range of consulting services designed to help clients improve operational efficiency, reduce costs and drive growth. KPMG’s management consulting team specializes in strategy, operations, technology, and organizational transformation.
- Risk Consulting- KPMG helps clients assess, manage and respond to risks. They provide an array of services including risk assessment, operational risk management, regulatory compliance, and data analytics.
- Financial Advisory- KPMG provides financial advisory services to help clients make smart decisions related to their investments and capital markets. Their services include financial modeling, mergers and acquisitions, debt restructuring, project finance, etc.
- Managed Services- KPMG’s managed services team provides a range of services designed to help clients optimize their operations and reduce costs. They specialize in IT services, business process outsourcing, finance and accounting services, procurement services, and more.
With such a wide range of services, KPMG works with clients from numerous sectors, including:
- Automotive
- Asset Management
- Banking & Capital Markets
- Chemicals & Performance Technologies
- Consumer & Retail
- Energy
- Natural Resources & Chemicals
- Financial Services
- Government & Public Sector
- Healthcare
- Life Sciences
- Industrial Manufacturing
- Infrastructure
- Insurance
- Media
- Mining
- Private Equity
- Real Estate
- Sport
- Technology
- Telecoms
- Transport & Leisure
- Transport & Leisure
Careers at KPMG Consulting
For talented professionals, KPMG offers a variety of career opportunities. The firm has offices across the globe, including in the US, Canada, Europe, and Asia Pacific regions. And with the positions available, you can expect a competitive salary based on experience and qualifications.
KPMG also offers internships that give students a chance to gain hands-on experience in a professional environment. These internships are available across their five main practice areas, and successful applicants can apply for full-time or part-time positions.
One of the best parts of working with KPMG is that a pre-defined career progression track allows you to progress through the ranks. This track can be tailored depending on your particular skills and interests. In addition, several exit opportunities are available for those looking to move into other sectors or pursue an entrepreneurial venture.
Salary Ranges
The consulting salaries offered at KPMG vary depending on experience, qualifications, and the role. And a clear progression within each career track is available.
At the entry-level, salaries typically range from $50,000 to $60,000 per annum. Experienced professionals at the senior manager level and above can expect to earn a salary of over $150,000.
According to Payscale, here’s a breakdown of what to expect from varying roles.
Role | Range | Average |
$52k – $69k | $61,144 | |
$55k – $79k | $64,028 | |
$54k – $87k | $68,757 | |
$61k – $144k | $93,305 | |
$69k – $96k | $80,970 | |
$61k – $82k | $72,555 | |
$116k – $195k | $151,897 |
KPMG also offers competitive perk packages and bonuses depending on performance. Such perks include health insurance, flexible working hours, and vacation time.
Overall, KPMG provides an excellent opportunity for ambitious professionals looking to progress their careers in various sectors. With a wide range of practice areas and global offices, you can expect a competitive salary and excellent benefits to match.
Office Locations
KPMG has offices in various locations throughout the US, Canada, Europe, and Asia Pacific regions.
You can find KPMG offices in the following cities:
- United States- Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Denver, Detroit, Houston, and Los Angeles
- Canada- Vancouver, Calgary, Edmonton, Toronto, and Montreal
- Europe- London, Amsterdam, Brussels, Frankfurt, Paris, Munich, Milan, Madrid, and Zurich
- Africa- Johannesburg, Cape Town, and Nairobi
- Asia Pacific region- Tokyo, Singapore, Hong Kong, Sydney, and Shanghai
How to Interview With KPMG
During a KPMG interview, you’ll be asked questions about your technical expertise and how well-suited you are for the firm. The interviews tend to have an informal atmosphere rather than being interrogatory in nature, thus, allowing them to take on a more unpredictable course. As such, candidates must come prepared with knowledge of their skill set and the culture of KPMG itself.
The Interview Process
On average, KPMG’s interview process lasts one month. However, for experienced candidates the process will be faster as the time between the invitation for an interview and the first interview is much shorter.
To begin the KPMG recruitment process, you’ll need to complete an online assessment/pre-screen. This will be followed by either a phone call or an on-campus interview. Then comes the final stage of 2-3 in-person panel interviews with 2-3 senior managers from KPMG for each round.
If you complete the first set of panel interviews, don’t be surprised if your future manager requests another round. Furthermore, prepare for a ‘super day’ filled with multiple interviews. Finally, to top it off, anticipate a partner interview in the final stage of this journey.
KPMG Interview Structure
KPMG interviews have a greater focus on the culture of their company, and there is less stress about having to answer technical questions. Moreover, KPMG has invested fewer resources into its strategy arm than other Big four companies, so the interview experience reflects this by being more social and generalist in nature.
When you reach the concluding interviews, KPMG will mainly assess your suitability and capacity to manage stakeholders. By this stage, the online assessment and market sizing questions have confirmed that you possess all of the skills necessary for the role.
Preparing for a KPMG Interview
When you’re preparing for a KPMG interview, there are three key areas that you should focus on: the culture of KPMG, case studies, and a few technical questions.
The culture of KPMG is focused on collaboration and integrity. Therefore, you should be prepared to discuss examples of times when you’ve worked successfully in a team and highlighted your honesty and commitment to the job.
Case studies focus on market sizing and problem-solving. Be prepared to explain the approaches you take when facing a problem and how you will approach market sizing.
Finally, be prepared to answer a few technical questions related to the job role. This could include an accounting or auditing question, so make sure you have some preparation in this area.
The KPMG interview process is extensive and time-consuming, but if you go into it with the right preparation and attitude, you have a great chance of success.
Rankings for KPMG Consulting
KPMG is one of the Big Four accounting firms and a leader in consulting. It has consistently been ranked among the top consulting firms in the world for its services in industries ranging from banking and finance to technology, energy, and manufacturing.
World’s Best Management Consulting Firms (2022) | Forbes List | |
America’s Best Management Consulting Firms (2022) | Forbes List | |
2022 Best Consulting Firms for Financial Consulting | #7 | |
2022 Best Consulting Firms for Environmental Sustainability Consulting | #8 | |
2022 Best Consulting Firms for Strategy Consulting | #9 | |
2022 Best Consulting Firms for Management Consulting | #9 | |
2022 Most Prestigious Consulting Firms | https://firsthand.co/best-companies-to-work-for/consulting/best-consulting-firms-prestige | #12 |
2022 Vault Consulting 50 | https://firsthand.co/best-companies-to-work-for/consulting/vault-consulting-rankings-top-50 | #20 |
KPMG Consulting Culture and Values
At KPMG, there’s a strong commitment to their core values which include integrity, excellence, courage, and togetherness. Their corporate responsibility program also helps them give back to the community through charitable efforts. This includes supporting local communities in need and helping to develop future leaders.
KPMG is committed to creating an inclusive and diverse working environment that respects all backgrounds and cultures. In addition, they offer a wide range of flexible benefits to help employees make the most out of their lives both in and outside of work.
Conclusion
KPMG Consulting is a leader in the professional services industry and provides businesses with a wide range of services worldwide. With its global reach and diverse practice areas, it is an excellent choice for experienced professionals and those just starting.
With a strong commitment to core values across the board, corporate responsibility program, and flexible benefits, KPMG Consulting is an attractive option for anyone looking to work in the professional services industry.
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