KPMG in China has offices located in 31 cities with over 14,000 partners and staff, in Beijing, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Hefei, Jinan, Nanjing, Nantong, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Taiyuan, Tianjin, Wuhan, Wuxi, Xiamen, Xi’an, Zhengzhou, Hong Kong SAR and Macau SAR. Working collaboratively across all these offices, KPMG China can deploy experienced professionals efficiently, wherever our client is located.
KPMG is a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organisation or to one or more member firms collectively.
KPMG firms operate in 142 countries and territories with more than 275,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.
KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.
In 1992, KPMG became the first international accounting network to be granted a joint venture licence in the Chinese Mainland. KPMG was also the first among the Big Four in the Chinese Mainland to convert from a joint venture to a special general partnership, as of 1 August 2012. Additionally, the Hong Kong firm can trace its origins to 1945. This early commitment to this market, together with an unwavering focus on quality, has been the foundation for accumulated industry experience, and is reflected in KPMG’s appointment for multidisciplinary services by some of China’s most prestigious companies.
Rating Reviews
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Pros: Some senior managers in the public accounting sector are genuinely helpful. They'll guide you through complex audit procedures. It's good for learning the ropes as an Audit Associate in the Shanghai office.
Cons: But there's a lot of pressure from partners. They often expect crazy overtime, which totally hurts your work-life balance. Communication from top leadership isn't always clear, especially about career growth for junior staff.
Advice to Management: Managers should really focus on clearer communication about career paths for us Audit Associates. Also, try to manage partner expectations better to improve everyone's work-life balance.
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Pros: You really do learn a ton in public accounting, especially as an Audit Associate. The team in the Shanghai office was generally supportive, which helped during tough periods and made the long hours a bit more bearable.
Cons: Work-life balance? It's pretty non-existent during audit season. Expect very long hours, often working weekends to meet client deadlines. There's not much work flexibility for these corporate roles, and burnout is common.
Advice to Management: Management really needs to address staffing levels for audit roles. It's hard to avoid burnout when teams are constantly stretched thin. Try to set more realistic client expectations around deliverables and turnaround times to improve employee well-being.
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Pros: You'll learn a ton, especially as an Audit Associate. The team in the Shanghai office was tight-knit, which made the long audit engagements more bearable. There's good exposure to various clients and industries.
Cons: Work-life balance is tough. Expect consistent 60+ hour weeks during busy season. The hierarchy can feel pretty rigid, and sometimes feedback isn't as constructive as it could be, which affects team morale.
Advice to Management: Try to find ways to better manage workload distribution, especially during peak seasons. More flexible work arrangements could really improve retention for Audit Associates.
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What is the typical working culture like for junior auditors at KPMG China in Shanghai?
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What is the typical working culture like for junior auditors at KPMG China, particularly in the Shanghai office?
The working culture at KPMG China's Shanghai office for junior auditors is generally collaborative, with a strong emphasis on teamwork and learning from experienced colleagues. Expect a fast-paced environment during busy seasons, but the firm also encourages professional development through various training programs.
What is the typical hiring process like for a graduate role in audit at KPMG China, and how many interview rounds can I expect?
The hiring process for graduate roles at KPMG China usually involves an online application, followed by an online assessment, and then typically two rounds of interviews. The first interview is often a competency-based interview, with the final round being a case study or a more senior manager interview.
What are the typical career progression paths and promotion opportunities for junior auditors at KPMG China?
At KPMG China, junior auditors can expect structured career progression, typically moving from Associate to Senior Associate within 2-3 years based on performance and project completion. Management provides regular feedback and training programs designed to support advancement to more senior roles within the firm.
What is the typical starting salary for an entry-level audit associate at KPMG China, and how does it compare to other Big Four firms in Shanghai?
Starting salaries for audit associates at KPMG China in Shanghai generally fall within a competitive range for the Big Four accounting firms. While exact figures vary based on specific qualifications and the economic climate, expect an annual salary in the low to mid-CNY 100,000s. This figure is generally aligned with market rates for similar roles at competitors like PwC, Deloitte, and EY within the region.
What is the typical work-life balance like for an audit associate at KPMG China, especially during busy seasons?
Work-life balance at KPMG China can be challenging, particularly for audit associates during peak seasons which often run from January to April. Expect longer hours during these periods as the team works to meet deadlines for financial reporting and audits.