Director - Transaction Assurance Group

Grade:

A

Job Title:

Director

Team:

Transaction Assurance Group (TAG)

Locations:

Various

Capability:

Audit

Service line:

Assurance and Accounting Advisory (AAA)

Contract type:

Permanent

Summary of role purpose:

Global markets have been thriving, with significant funding to invest in the right business, and the opportunity to support management teams has never been greater. In our Audit and Assurance business this includes Reporting Accountant roles, Special Purpose Audits, and many other bespoke Assurance projects. To support this growth we have a fantastic opportunity for Directors to join our Transactions Assurance team and work with companies on the audit and assurance requirements of both UK and US initial public offerings, and with a wide variety of project-based assurance and accounting topics, including carve out transactions, acquisitions and opening balance sheet audits and complex private equity transactions.

As a Director, you will act as a role model for your teams, facilitating the effective and efficient delivery of these assurance engagements. You will be responsible for leading teams and supervising the work of staff and providing coaching and developmental support.  You will also be working alongside our Capital Markets and Due Diligence teams where relevant and have opportunities to lead conversations with diverse range of stakeholders involved in projects such as (sponsors, lawyers, accounting advisors). 

There will also be great opportunity to work on business development skills, for example, leading initial management conversations and qualifying opportunities.

Description of the role:

You will work in teams delivering either financial statement audit; technology audit; audit related data, analytics and tools; independent assurance over other info such as regulatory/ESG/internal controls; learning and development; quality/risk/knowledge management; and/or specialist, technical accounting advice (non-audited entities only).

You will work with partners to deliver audits for IPO requirements (US and UK) and other one-off transactions, helping companies navigate and scope the IPO requirements. You will direct and oversee the work of team members on all aspects of the end to end engagement process, including: working alongside Capital Markets and US filing review teams to scope the listing requirements, developing the scope of work and deliverables, developing appropriate work programmes, reviewing the testing and assurance fieldwork and draft reporting.

Overseeing the budgeting, planning, co-ordination, and control of audit engagements in accordance with KPMG requirements, including fee negotiation and agreeing overruns

Completing reviews of listing prospectus, including the historic financial information (HFI) requirements, proforma information, and all submission documents.

Acting as the main point of contact for senior stakeholders in the project throughout the year, including management, external advisor firms, and other functions with KPMG also engaged on listings and other projects to understand requirements, and manage the communication flows.

Direct and oversee the work of team members in line with ISA, PCAOB, AICPA and ISRE, or equivalent, reviewing documentation in line with KPMG’s quality standards, and coaching our onshore and offshore teams and ensuring engagement and client acceptance procedures are correctly followed.

Reviewing reporting (e.g. Audit Committee reports and Controls assessment reports), for review by the partner and presenting findings to the relevant stakeholders.

Taking a leading role in supporting department wide business development activities, including oversight of proposal documents, presenting during tenders, development of opportunities and working out commercials.

You will hold an in-date relevant professional qualification to apply up to date knowledge and expertise whilst undertaking your day to day duties.

Other responsibilities will typically include accountability for leading teams; providing technical, risk & compliance management; operational and quality management support; overseeing project management, budgeting and planning, senior stakeholder management, and analysis and delivery of quality reports; taking part in tenders or proposals; and performance management responsibilities.

Due to the nature of the role significant time may be spent at entity sites/KPMG offices.

The person:

Experience and knowledge requirements:

Significant and recent experience either as a Director or experienced Senior Manager, including experience of delivering and managing audit engagements for large entities - either FTSE 350 or managing audits under PCAOB standards.(E)

RI Status (D)

Sound working knowledge of IFRS and UK GAAP. (E)

Sound working knowledge of International Standards on Auditing. (E)

Sound working knowledge of US GAAS / PCOAB standards. (D)

Sound working knowledge of US GAAP. (D)

Experience of performance managing teams, coaching and mentoring staff at all levels. (E)

IT literate with sound knowledge and experience of MS Tools (Word, Excel, and PowerPoint). (E)

Note that whilst experience with either US auditing (PCAOB) and accounting standards or UK Reporting Accountant engagements would be valuable, training will be provided to support with the relevant accreditations needed for these engagements. (D)

Experience of HFI engagements would be helpful, but not essential. (D)

D = Desirable   E = Essential

Behavioural Attributes and Skills:

Outstanding leadership skills; leads by example and inspires others to follow their vision.  

Excellent written and verbal communication skills; able to communicate complex matters in a clear and compelling manner.

Strong organisational and time management skills; able to work effectively in a fast-paced environment with conflicting priorities and deadlines.

Highly effective stakeholder management and relationship building skills; credible, confident, and able to earn respect from stakeholders at all levels.  

Self-driven and resilient; able to thrive in a high-pressure environment. 

Strong analytical skills and attention to detail; able to analyse and interpret complex technical information.

Effective problem solver; makes pragmatic and logical decisions, drawing on technical expertise to provide high quality solutions. 

Qualifications:

A professional accountancy qualification from a recognised accountancy body is essential (E).

D = Desirable   E = Essential

KPMG overview:

KPMG in the UK is part of a global network of firms that offers Audit, Legal, Tax and Advisory services. Through the talent of over 16,000 colleagues, we bring our creativity, insight and experience to solve our clients’ and communities’ biggest problems. We’ve been doing this for more than 150 years.

We aim to be universally recognised as a place for great people to do their best work. A firm known for our collaborative and inclusive culture, using technology to empower and equip our people to deliver outstanding work with real flexibility – through inspiring workspaces, innovative ways to collaborate and hybrid ways of working.

With offices across the UK, we work with everyone from small start- ups and individuals to major multinationals, in virtually every industry imaginable. Our work is often complex, yet our mission is simple: To support the UK in a connected world. It guides everything we do, underpinned by our values: Courage, Integrity, Excellence, Together and For Better.

KPMG are proud to be an inclusive, equal opportunity employer and we seek to attract and retain the best people from the widest possible talent pool.

As a member of the Business Disability Forum we're committed to ensuring that all candidates are treated fairly throughout the Recruitment Process.

We pride ourselves on being a place where your individuality is valued; you can be yourself and still achieve your potential. We believe that your individuality helps us to deliver the best results to our clients. Diversity of background, diversity of experience, diversity of perspective - that's the KPMG difference.