The KPMG interview rounds will take place between March and May, following the application stage. It is important not only to anticipate the interview dates but also to prepare effectively for the main interview. This preparation includes researching common interview questions, learning how to answer them to make a positive impression on your interviewer, and organizing a mock interview either by yourself or with a professional. All of these steps are aimed at helping you stand out among the many other applicants. Therefore, we have written this article on Top common KPMG interview questions and answers to assist you in your interview preparation so that you can excel and secure the job.
How Many Interview Rounds Are There at KPMG?
KPMG typically conducts four major interview rounds. The first is the HR interview, which focuses on your background, motivations, and cultural fit. During this phase, you may be asked questions such as your strengths and weaknesses, your five-year plan, and why you want to work at KPMG. It’s important to relax and prepare for these questions as we will discuss effective ways to respond later in this article.
The second round consists of Technical/Managerial Interviews. In these interviews, you’ll meet with managers or partners from the specific department you’re applying to, and they will evaluate your technical skills and experience. The third round involves Group Discussions or Case Studies. For certain positions, particularly graduate roles, you may participate in group discussions or case study exercises.
Lastly, the Partner Interview serves as the final round for many candidates. In this round, you will interview with a partner, which is often the concluding step in the interview process.
It’s also worth noting that the number of interview rounds can vary; in some cases, there may only be three rounds instead of four, depending on the role you applied for. With this in mind, let’s explore the top 70+ common KPMG interview questions and answers. Being prepared for these questions is beneficial, whether you are an experienced hire, an undergraduate trainee, or a graduate trainee. Without further ado, let’s dive in!
70+ Common KPMG Interview Questions and Answers
This is the main reason we are reading this article. In this section, we will discuss over 70 common KPMG interview questions and answers. Let’s begin.
A. Behavioural Questions
I’m Pearl Genesis. I have a background in finance with over five years of experience in auditing and consulting. I have a strong analytical skill set, which allows me to identify and solve complex financial challenges effectively. I’m excited about the prospect of joining KPMG because of its commitment to innovation and excellence in the industry.
2. Why KPMG?
KPMG has an outstanding reputation for integrity and quality in its services. The supportive culture promotes professional growth and diversity, which resonates with my values. I see a wealth of opportunities to further develop my skills and contribute to meaningful projects here.
3. What are your Strengths/Weaknesses?
One of my key strengths is my attention to detail, which helped me identify discrepancies in reports that saved my previous employer time and resources. A weakness I’m working on is public speaking; I’ve been actively seeking opportunities to present in team meetings to strengthen this skill.
Read Also: What Is A Good Weakness To Have During An Interview?
4. How do you handle pressure?
In my last role, I faced a tight deadline for a major audit report. By prioritizing tasks and collaborating effectively with my team, we managed to deliver the report a day early, which was well-received by management.
5. Teamwork example?
In a previous project (Situation), our team was tasked with improving client satisfaction scores (Task). I organized regular feedback sessions (Action), which led to the development of a new client engagement strategy. As a result, we increased satisfaction scores by 20% within six months (Result).
6. What is your Five-year plan?
In the next five years, I envision myself advancing within KPMG, developing my expertise in advisory services while leading projects that drive positive changes for clients. I aim to contribute to KPMG’s growth and learn from the diverse opportunities presented here.
7. Tell us about a time you faced a difficult Challenge?
In my last role (Situation), we faced significant budget cuts (Task). I proposed a reallocation of resources and streamlined processes (Action), ultimately resulting in a 15% reduction in costs without sacrificing quality (Result).
8. Why should we hire you?
I bring a unique blend of skills and experience that aligns well with KPMG’s needs. My proactive approach to problem-solving and my commitment to delivering outstanding results will add substantial value to your team.
Read Also: How To Answer “Why Should We Hire You” During An Interview
9. What is your salary expectations?
Based on my research and experience in the industry, I would expect a salary in the range of $70,000 to $80,000. However, I’m open to discussion, as I value the overall opportunity for growth and development at KPMG.(See this article How To Answer “What is Your Salary Expectation” During an Interview).
10. Questions for us?
Can you tell me more about the team I would be working with and what the day-to-day responsibilities look like? Additionally, I’d love to hear about KPMG’s initiatives for employee development.
11. Describe a time you showed leadership.
During a critical project (Situation), our team was lacking direction (Task). I took the initiative to organize a brainstorming session (Action), which clarified our goals and boosted team morale. As a result, we completed the project ahead of schedule (Result).
12. Describe a time you had to learn something new quickly.
When tasked with utilizing a new software for financial analysis (Situation), I had to adapt quickly (Task). I dedicated extra hours to online tutorials and collaborated with colleagues (Action), allowing me to successfully complete the required analysis within the deadline (Result).
13. Give an example of a time you failed.
I underestimated the time required for a client presentation (Situation). As a result, I was not fully prepared (Task). I learned the importance of setting realistic timelines and now prioritize thorough preparation, which has greatly improved my performance in subsequent presentations (Result).
14. How do you handle conflict?
I approach conflict by seeking to understand the other person’s perspective first. For example, when a colleague disagreed with my approach, I initiated a discussion to address our differing views, which led to a collaborative solution that benefited the project.
15. What motivates you?
I’m driven by achieving goals and making a tangible impact, especially in a team setting. Knowing that my work contributes to the success of clients and the company aligns perfectly with KPMG’s values, where excellence and innovation are prioritized.
16. How do you handle ambiguity?
In my previous role, I often faced situations where the project requirements were unclear. To handle this ambiguity, I focused on adaptability by breaking down the problem into smaller parts and assessing the available information. I proactively communicated with stakeholders to gather their insights, enabling me to make informed decisions. This collaborative approach not only clarified the situation but also fostered a sense of teamwork.
17. Tell me about a time you had to make a difficult decision.
Using the STAR method, I’ll share a time when I had to decide whether to reallocate resources from one project to another. (Situation) My team was lagging on an important deadline due to unforeseen challenges. (Task) I needed to decide whether to shift resources from a lower-priority project to assist. (Action) I analyzed the impact on both projects and consulted with stakeholders. Ultimately, I decided to reallocate the resources, which allowed us to meet the deadline for the high-priority project. (Result) As a result, we maintained client satisfaction and gained additional work from them.
18. How do you prioritize tasks?
I prioritize tasks using a combination of the Eisenhower Matrix and a digital task manager. Also, I categorize tasks based on urgency and importance, ensuring that critical deadlines are met while also addressing long-term goals. I review my priorities daily and adjust as new tasks arise. This system helps me focus on high-impact activities and keep my workload manageable.
19. What are your hobbies?
One of my main hobbies is hiking, which I find is a great way to connect with nature and recharge. It also showcases my love for adventure and resilience, helping me develop problem-solving skills when navigating challenging trails. I also enjoy volunteering for local community projects, which has enhanced my teamwork and leadership abilities, aligning well with my professional skills.
20. Describe your ideal work environment.
My ideal work environment is one that fosters collaboration and innovation while supporting professional growth. I thrive in a culture that values open communication and encourages diverse perspectives. At KPMG, I appreciate the emphasis on teamwork and integrity, along with the commitment to developing talent, all of which resonate with my professional values and work style.
B. KPMG-Specific/Technical Questions: Top 70+ Common KPMG Interview Questions and Answers
21. KPMG’s services?
KPMG offers a wide range of services including audit, which ensures financial accuracy and compliance; tax services that help clients optimize their tax positions; and consulting services that provide strategic insights to improve business performance. Additionally, KPMG assists with deals through transaction advisory services that evaluate opportunities and manage risks.
22. Industry trends?
Currently, significant industry trends include digital transformation, sustainability practices, and increasing regulatory scrutiny. Companies are adopting advanced technologies like AI and automation to enhance efficiency and reporting accuracy while also focusing on ESG (Environmental, Social, and Governance) factors to meet stakeholder expectations.
23. How do you stay updated?
I regularly stay updated by following industry publications such as The Wall Street Journal and Harvard Business Review, participating in webinars, and utilizing online platforms like LinkedIn for networking and news. Additionally, I attend conferences and professional workshops in my field.
24. Explain a complex concept.
One complex concept is “blockchain technology.” In simple terms, it is a decentralized digital ledger that records transactions across many computers. This ensures that records cannot be altered retroactively without altering all subsequent blocks, enhancing security and trust in digital transactions.
25. Accuracy/Detail?
I prioritize accuracy by implementing systematic quality control measures such as double-checking my work and using checklists. For example, when preparing financial reports, I utilize a step-by-step process to ensure each component is thoroughly reviewed before finalization.
Note: To truly stand out among candidates and enhance your chances in the hiring process, don’t hesitate to connect with our expert interview coaches today for personalized assistance and guidance. Your success is our priority!
26. Do you have any specific technical skills?
Yes, I have a strong proficiency in data analytics, particularly with tools such as Excel and Power BI. For example, I used Power BI to create interactive dashboards for financial reporting, which significantly enhanced decision-making processes for management.
27. Ethical dilemmas?
In previous work, I faced an ethical dilemma regarding confidentiality and pressure to disclose sensitive information. I prioritized ethical conduct by upholding client confidentiality, discussing concerns with my supervisor, and ensuring compliance with our code of conduct to maintain trust.
28. Software/tool experience?
I have experience with several software tools, including SAP for enterprise resource planning and Tableau for data visualization. In my last project, I utilized Tableau to present sales data, which improved the clarity of our performance insights for stakeholders.
29. Adapt to change?
I successfully adapted to change when my company transitioned to remote work. I quickly adopted collaboration tools like Slack and Zoom to maintain communication and productivity, which resulted in a seamless transition and sustained team morale.
30. Future of the Auditing Industry?
The future of the auditing industry will likely see increased reliance on technology, particularly AI and machine learning, to enhance data analysis capabilities and efficiency. Firms will also need to focus on sustainability and integrating ESG factors into audits, aligning with broader market expectations.
31. What is your understanding of KPMG’s value?
KPMG values integrity, which I relate to my experience in a previous role where I faced a conflict of interest. I chose to disclose the situation to my manager, ensuring transparency and maintaining trust with all stakeholders involved.
32. How would you contribute to KPMG’s culture?
I would contribute to KPMG’s culture by promoting teamwork and collaboration, aligning with KPMG’s commitment to inclusivity. I believe in leveraging diverse perspectives to foster innovation and drive better outcomes for clients.
33. What is your understanding of the role of an auditor/consultant/tax advisor etc.?
An auditor’s role includes evaluating an organization’s financial statements for accuracy and compliance with regulations and providing an independent assessment that stakeholders can trust. Likewise, a consultant identifies improvement opportunities, while a tax advisor helps clients navigate the complexities of tax legislation to optimize their tax strategies.
34. How do you handle confidential information?
I prioritize discretion and security when handling confidential information. I ensure that sensitive data is only accessible to authorized personnel and utilize secure storage methods, such as password-protected files and encrypted communications. I’m also diligent in following company policies regarding confidentiality to maintain trust and integrity.
35. What is the difference between accounting, consulting, and tax terms?
Accounting focuses on the systematic recording and reporting of financial transactions, while consulting involves providing expert advice to improve businesses’ performance. Tax terms specifically relate to the rules and regulations governing taxation, including compliance and strategic planning to minimize tax liabilities. Understanding these distinctions helps in applying the appropriate principles according to the context.
36. What is your understanding of financial statements?
Financial statements are structured reports that summarize an organization’s financial performance over a specific period. Key statements include the income statement, which shows profitability; the balance sheet, which outlines assets, liabilities, and equity; and the cash flow statement, which details cash inflows and outflows. Together, they provide a comprehensive overview of the financial health of a business.
37. What is your understanding of risk management?
Risk management involves identifying, assessing, and prioritizing risks followed by implementing strategies to minimize or mitigate their impact. This process includes analyzing potential threats to the organization’s assets and reputation and developing contingency plans to ensure business continuity while optimizing opportunities.
Read Also: How to Start a Risk Management Career
38. How do you use data to solve problems?
I utilize data analytics to identify trends and patterns that inform decision-making. By collecting relevant data, I can conduct quantitative analyses to evaluate the root causes of issues. Using tools like spreadsheets and analytical software, I draw insights that guide strategic solutions and improve outcomes.
39. Describe a time you used analytical skills.
In my previous role, we faced a decline in sales. I gathered sales data and performed a trend analysis to identify inconsistencies across different regions. By discovering that certain products were underperforming due to pricing anomalies, I proposed targeted marketing initiatives that ultimately led to a 20% increase in sales within three months.
If you need further assistance with your interview preparation, contact our professional interview coach with this code “02-25” to help you get started on your journey to landing your dream job. Good luck!
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Phone: +234 813 823 5629
Email: fasthireng@gmail.com
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40. How do you stay organized?
I use a combination of digital tools and traditional lists to stay organized. I rely on project management software to track tasks and deadlines while maintaining a daily to-do list to prioritize immediate tasks. Regularly reviewing and adjusting my priorities ensures that I stay focused and efficient in managing my workload.
C. Aptitude/Case Study Related
41. Numerical reasoning question
To answer a numerical reasoning question, I would first identify the key data points involved. For instance, if calculating profit margins, I would take the total revenue and subtract total costs, then divide by total revenue to get the margin percentage. I would proceed step-by-step:
1. Identify total revenue: $500,000.
2. Identify total costs: $300,000.
3. Calculate profit: $500,000 – $300,000 = $200,000.
4. Calculate profit margin: $200,000 / $500,000 = 0.4 or 40%.
42. Verbal reasoning question
In a verbal reasoning question, I would analyze the argument presented. For example, if asked whether a conclusion follows from the premises, I would assess the logic links:
– Premise 1: All cats are mammals.
– Premise 2: Some mammals are pets.
– Conclusion: Thus, some cats are pets.
This conclusion is not necessarily valid because not all mammals are pets. Therefore, I’d conclude that the argument is flawed.
43. Logical reasoning question
To solve a logical reasoning problem, I would outline the steps clearly:
1. Identify the premises and conclusion.
2. Look for any logical fallacies or assumptions.
3. Use deductive reasoning: If premise A leads to conclusion B, ensure there are no contradictions with other premises.
44. Case study analysis
In analyzing a case study:
1. Structure your response by outlining the problem, context, and stakeholders.
2. Identify key issues such as resource limitations or market challenges.
3. Propose solutions: e.g., enhance marketing efforts or streamline operations for cost savings.
45. Group discussion participation
In a group discussion, you should contribute by sharing relevant insights or ideas. For instance, you might say, “I believe improving our customer service could enhance client retention.” You should also actively listen to others, ensuring all views are acknowledged and building on their suggestions.
46. How would you approach a specific business problem?
To approach a business problem, first clarify the problem and gather relevant data. For example, if sales are declining, you should analyze sales trends, market conditions, and customer feedback. then brainstorm potential solutions and weigh their pros and cons before deciding on an action plan.
47. How would you prioritize tasks in a fast-paced environment?
I prioritize tasks using the Eisenhower Matrix:
1. Urgent and important tasks are addressed first.
2. Important but not urgent tasks are scheduled.
3. Urgent but not important tasks are delegated.
4. Tasks that are neither are minimized.
48. How do you handle situations with incomplete information?
When faced with incomplete information, I would analyze what data I have and identify gaps. I’d make reasoned assumptions where possible and seek out additional information from stakeholders. If a decision must be made quickly, I would rely on the best available data while being prepared to adapt if new information arises.
49. Explain a time you had to present complex information
- Situation: In my previous role, I had to present a complex financial report to the team.
- Task: The challenge was to make the data understandable.
- Action: I used visuals to break down the data and narrated a clear story around the numbers.
- Result: My presentation improved team understanding, leading to more informed decision-making.
50. How do you handle feedback?
I handle feedback by being open and receptive. I view it as an opportunity to grow. For example, if I receive constructive criticism about my project management, I would reflect on the feedback, ask clarifying questions, and implement the advised changes to enhance my skills.
D. Leadership/Management
51. What is your leadership style
My leadership style blends transformational and democratic approaches. I inspire my team by setting a vision and encouraging innovation. For example, I led a project where team members were encouraged to propose ideas, resulting in a successful campaign.
52. How can you motivate a team?
I motivate my team through collaboration and recognition. By celebrating small wins and encouraging teamwork, I foster an environment where members feel valued and driven to achieve collective goals.
53. How will you delegate tasks
When delegating tasks, I assess team members’ strengths and interests. I then match tasks accordingly, providing clear instructions while allowing autonomy. This empowers my team and enhances their skills.
54. Manage conflict within a team
To manage conflict, I first listen to all parties to understand their perspectives. I then facilitate a conversation focused on resolution, encouraging open communication and proposing compromises that address the core issues.
55. Develop team members
I develop team members by providing mentorship and training opportunities. For instance, I regularly set up one-on-one check-ins to discuss their career goals and recommend workshops that align with their aspirations.
56. How would you handle an underperforming team member?
I would address the issue through direct communication. I would first understand any challenges the team member faces and provide support—whether through training, resources, or mentoring—while setting clear performance expectations.
57. Describe a time you had to lead a team through a difficult change
Using the STAR method:
- Situation: Our company underwent a major restructuring.
- Task: I needed to lead my team through this change.
- Action: I held regular team meetings to communicate updates and address concerns, focusing on how each member’s role would be affected positively.
- Result: The team adapted smoothly, maintaining productivity during the transition.
58. How do you build relationships with clients/colleagues?
I build relationships through consistent communication and trust-building. I ensure to check in regularly with clients and colleagues, actively listen to their needs, and follow through on commitments, which fosters mutual respect.
59. How do you manage your time effectively?
I manage my time through a combination of prioritization and scheduling. I use a digital calendar to block out time for important tasks and regularly review my to-do list, allowing flexibility to adjust as urgent matters arise.
60. How do you evaluate team performance?
I evaluate team performance through a mix of metrics and feedback. I set clear, measurable goals and track progress using KPIs. Additionally, I conduct regular feedback sessions to discuss performance and areas for improvement.
E. Values and Culture: Top 70+ Common KPMG Interview Questions and Answers
61. What are your personal values?
My personal values include integrity, respect, collaboration, and a commitment to excellence. These align well with KPMG’s values, as I believe in acting ethically, valuing diverse perspectives, and striving for quality in all my work.
62. How do you demonstrate integrity?
I demonstrate integrity by being transparent in my actions and decisions. For example, in a previous project, I identified a mistake in our financial reporting. I promptly reported it to my supervisor, took responsibility, and worked with the team to correct it, ensuring our clients received accurate information.
63. How do you promote diversity and inclusion?
I promote diversity and inclusion by advocating for underrepresented voices in team discussions and actively participating in initiatives that foster a diverse work environment. I ensure that everyone feels valued and respected, encouraging collaboration across different backgrounds and perspectives.
64. How do you contribute to a positive work environment?
I contribute to a positive work environment by fostering collaboration and showing respect to all teammates. I make an effort to recognize others’ contributions and celebrate team successes, which helps build a supportive and motivated atmosphere.
65. How do you handle situations where your values are challenged?
When my values are challenged, I focus on ethical decision-making by pausing to assess the situation, seeking advice if necessary, and aligning my actions with my principles. For instance, if faced with pressure to compromise quality, I would communicate my concerns and propose alternative solutions.
66. What does “lifelong learning” mean to you?
Lifelong learning means continuously seeking knowledge and growth throughout my career. I engage in professional development courses and seek feedback regularly to enhance my skills, staying adaptable in a constantly changing industry.
67. How do you handle failure?
I view failure as a learning opportunity. When I faced a setback in a client project, I analyzed what went wrong, sought feedback, and implemented changes to prevent future mistakes. This resilience has helped me grow as a professional.
68. How do you handle success?
I approach success with humility, recognizing that it is often a team effort. I celebrate achievements while also reflecting on what helped us succeed and how we can improve further, ensuring that I remain focused on continued growth.
69. What is your understanding of corporate social responsibility?
Corporate social responsibility involves businesses taking accountability for their impact on society and the environment. I admire KPMG’s initiatives in sustainability and community engagement, as they illustrate a commitment to making a positive difference.
70. Why do you want a career in professional services?
I am passionate about pursuing a career in professional services because it allows me to solve complex problems and provide value to clients. The dynamic nature of the industry excites me, and I am eager to be part of a team that helps organizations navigate challenges and seize opportunities.
Conclusion on Top 70+ Common KPMG Interview Questions and Answers
In conclusion, preparing for your KPMG interview is not just about anticipating questions; it’s about showcasing your unique skills and experiences that align with the firm’s values and goals. By familiarizing yourself with the common interview questions and crafting thoughtful answers, you can make a lasting impression on your interviewers. Remember, each question is an opportunity to highlight your strengths, demonstrate your problem-solving abilities, and express your enthusiasm for becoming part of the KPMG team.
Don’t leave your success to chance—take control of your interview preparation today! If you need further assistance with your interview preparation, contact our professional interview coach to help you get started on your journey to landing your dream job. Good luck!
Contact us via
Phone: +234 813 823 5629
Email: fasthireng@gmail.com
Website www.thefasthire.org
