KPMG

Director, US Financial Reporting

Job Description

Posted on: 
November 4, 2022

We have an exciting opportunity for a Director to join our rapidly expanding US Reporting Accounting Advisory Services (AAS) team. Leading the provision of specialist US reporting advice to clients across a range of areas. Projects focus on the application of technical accounting (IFRS or US GAAP) and SEC reporting rules – in particular, assessing SEC financial reporting requirements in connection with a deal, accounting policy conversions and GAAP analysis, preparation of financial statements or carve out accounts, merger and acquisition activity, implementation support for new standards, group restructurings, and training –often working as part of cross-functional teams including Transaction Services, Corporate Finance, and Tax.

We are seeking additional leaders to continue to extend the depth and breadth of accounting-based services, in the areas listed above and beyond.

Responsibilities

Leadership of the AAS US Reporting team based in the UK.
•    Operational accountability and responsibility for the delivery of accounting advisory engagements. Demonstrates a strong tone and culture supporting quality through communication, consultations, engagement support and commitment to maintain objectivity, professional scepticism, ethics and integrity. This includes leading KPMG engagements with clients and AAS input into larger, multi-disciplinary teams.
•    Providing accounting and reporting advice including preparation of reports and presentations to clients relating to SEC reporting, IFRS, US GAAP and UK GAAP (FRS101/FRS 102/UK Companies Act 2006). This may include:
•    Advising on a client’s SEC financial reporting requirements in connection with a US IPO or M&A, for example, preparation of Article 11 pro forma financial information, determination of financial statement requirements for recently acquired or disposed businesses and drafting of MD&A.
•    Support with the preparation of historical financial information for regulatory filings in accordance with relevant accounting framework(s), including application of recent regulator comment trends and carve out principles, where required.
•    Delivery of US GAAP conversion engagements.
•    Analysis of GAAP / accounting policy differences between a buyer and a target as part of due diligence engagements.
•    Evaluating a reporting entity’s requirement to consolidate another entity based on application of ASC 810.
•    Assessing the impact of more recently adopted accounting standards (e.g. ASC 606 and ASC 842).
•    Supporting transaction teams with ASC 805 analysis and model reviews with relevant accounting frameworks.
•    Providing accounting support to identify implications of business reorganisation plans.
•    Assessing the accounting impact of any change in the operation of an organisation.
•    Ad hoc accounting support including development and delivery of training and reports based on relevant client needs.
•    Ownership and delivery of quality, efficient and profitable engagements.
•    Strong technical accounting skills equivalent to a subject matter expert / thought leader on specific topics.
•    Lead and be accountable for driving business development effort in a sector/AAS service line.
•    Build and maintain excellent relationship with senior client staff.
•    Build and maintain excellent relationship with other departments with whom AAS works closely e.g., tax, deal advisory.
•    Development and delivery of accounting training to clients and internal KPMG teams.
•    Deliver compelling engagement proposals which result in winning engagements.
•    Development and delivery of accounting training to clients and internal KPMG teams
•    Contributing to practice and risk management, including thought leadership and business development activities.
•    Motivate and generate commitment from team members.
•    Demonstrate continuous self-development and commitment to others development through coaching and leadership.
•    Share knowledge with the team.
•    Oversight and lead key pillars of AAS strategy, take accountability for overall team management and other non-delivery aspects of the role.

Job Requirements

•    Qualified accountant (Chartered Accountant or international equivalent)

•    Strong technical accounting experience with US GAAP and SEC reporting

•    IFRS, UK GAAP and Companies Act knowledge would be beneficial

•    Strong experience with recent developments in accounting, in particular ASC 606 and 842.

•    Experience in leading and developing client relationships

•    Experience of developing and presenting accounting training courses

•    Experience of oversight of teams

•    Experience of coaching and mentoring colleagues of all levels

•    Experience working as an Accounting Advisory Director in a Top 10 Accounting firm working within large corporate sectors preferred

•    Business development experience including generating sales with new clients and developing internal networks

•    Analytical ability and attention to detail

•    Problem solving attitude and proven ability to apply accounting concepts to unusual one-off situations

•    Excellent communication skills, both written and verbal

Apply now

More job openings