Careers at KPMG:
Choosing a
Profession
What do the initials mean?
K Klijnveld, Piet
Netherlands
P Peat, William Barclay
UK,1870 In 1987, two
major accounting
M Marwick, James firms merged to
USA, 1897 form KPMG.
G Goerdeler, Reinhard
Germany
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 2
Swiss entity. All rights reserved. Printed in Russia.
KPMG in Russia and the CIS
•More than 3000 employees
•16 offices
•Challenging and extremely interesting
engagements!
•One of the fastest-growing KPMG
practices in the world
•Part of KPMG Europe LLP since October 1, 2009
•Russia's No. 1 Audit Firm according to:
– Dengi magazine (published by Kommersant)
– Finans magazine
– Expert RA rating agency
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 3
Swiss entity. All rights reserved. Printed in Russia.
KPMG in Russia and the CIS
Saint Petersburg
Lviv
Kiev Moscow
Nizhny Novgorod
Donetsk
Ekaterinburg
Rostov-na-Donu
Novosibirsk
Tbilisi Atyrau
Yerevan
Astana
Almaty
Bishkek
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 4
Swiss entity. All rights reserved. Printed in Russia.
Our Services
Audit Tax Advisory
Financial Statement Audit Business Tax Transactions & Restructuring
Attestation Services Corporate & Business Tax Corporate Finance
International Corporate Tax Restructuring
Indirect Tax Transaction Services
Mergers & Acquisitions Risk & Compliance
Transfer Pricing Accounting Advisory Services
Global Tax Outsourcing Internal Audit, Risk & Compliance Services
Legal Services Financial Risk Management
Personal Tax Forensic & Independent Financial Investigation
Taxation Services to Individuals Performance & Technology
Business Performance Services
IT Advisory
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 5
Swiss entity. All rights reserved. Printed in Russia.
Key clients
• LUKOIL • Fosargo
• Gazprom* • Adidas
• TVEL • Sportmaster
• RUSAL • Rostelecom
• UMMC • MTS*
• Baltika • Dalsvyaz
• Real Hypermarkets • Deutsche UFG
• Metro Cash & Carry • GE Money Bank
• Campina • Gazprombank
• Unimilk • Renaissance Capital*
• Aeroflot • ROSNO
• SAP • URALSIB
* ADVISORY SERVICES ONLY
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 6
Swiss entity. All rights reserved. Printed in Russia.
Audit
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Profession: Auditor
What does an auditor do?
• An auditor conducts an independent investigation
of a company's financial position.
• Based on that investigation, the auditor issues an
auditor's opinion.
Why are audits performed?
• To protect assets
– To assure the owner that management's
reports are true and fair
• To identify profit opportunities
– To help management find funds
– To help the owner sell the company
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 8
Swiss entity. All rights reserved. Printed in Russia.
Audit Department Units
Consumer Energy & Natural
Markets & Retail Resources
Financial Industrial
Services Markets
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 9
Swiss entity. All rights reserved. Printed in Russia.
Auditor: Your Opportunities
• Broadening your knowledge of business
• Improving your understanding of accounting
techniques
– Specializing in a particular economic
sector
– Learning on the job
– KPMG training (developing of
professional and management skills)
– ACCA (Association of Chartered Certified
Accountants) certification
A solid foundation to build your career on!
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 10
Swiss entity. All rights reserved. Printed in Russia.
Get ready!
• Intensive work
• The busy season
• Tight deadlines
• On-the-job learning
• Business trips
... but it's worth it!
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 11
Swiss entity. All rights reserved. Printed in Russia.
Auditors need to be...
• Attentive to detail
• Diligent
• Hard-working
• Able to work in a team
• Good communicators
• Ready to travel within Russia
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 12
Swiss entity. All rights reserved. Printed in Russia.
Valuation
13
Corporate Finance Group
Corporate Finance
PPP Advisory Valuation Group Merger & Acquisitions
Group
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 14
Swiss entity. All rights reserved. Printed in Russia.
Opportunities in Valuation
•A team of 50+
• Internship professionals
Program
• Industry immersion • 100+
engagements a year
• Business valuation
• Valuation of fixed assets • Financial modeling
• Valuation of intangible assets
• Valuation of real estate • Derivatives
• Valuation for audit purposes
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 15
Swiss entity. All rights reserved. Printed in Russia.
Profession: Valuation Consultant
Finances Technology
Commercial Profitability Pricing policy
& Accounting
Legal In-depth business
understanding Strategy Regulation
framework Industry trends
Tax Market structure &
behavior
Development
trends
Valuation
Theory
Macroeconomic
factors
Valuation
approaches
Financial Debt
Modeling market
Reporting financing
trends
Valuation
Stock
requirements
market
M&A transactions
behavior
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 16
Swiss entity. All rights reserved. Printed in Russia.
Get ready!
The Valuation Group:
•Constant professional growth
•A young team
•Sector specialization
•Dealing directly with the client
•Business trips
•Training
•Collaboration with other departments
(Audit, Tax, lawyers), including ones
abroad
•Shared experience/practical training
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 17
Swiss entity. All rights reserved. Printed in Russia.
Valuation Consultant:
Knowledge and Skills
General requirements: Applied knowledge and skills
• Knowledge of the company • English
• Teamwork skills • IT skills (Excel/VBA, PowerPoint)
• Interpersonal skills
• A desire to learn and develop
• Analytical skills
Essential Knowledge:
• Accounting / finance
• Mathematical techniques
• Principles of economic theory
• Valuation theory
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 18
Swiss entity. All rights reserved. Printed in Russia.
Recruitment of young specialists
Our requirements:
• Graduate of a higher educational institution
• Fluent English
• Able to handle a busy work schedule and business trips
• Motivated and hard working
• Desire to learn and grow professionally
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 19
Swiss entity. All rights reserved. Printed in Russia.
Compensation package
• Competitive salary
• Annual bonus
• Additional payment for work far from home:
– 1-20 days on a business trip during a quarter – RUB 500/day
– 21-50 days – RUB 800/day
– 51 days or more – RUB 1300/day
• Medical insurance, travel insurance, life insurance
• Moving allowances
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 20
Swiss entity. All rights reserved. Printed in Russia.
Recruitment stages
• Registration in the KPMG Recruitment System on the website
www.kpmg.ru/graduate
• Testing
• Interview with an employee of the People Group
• Interview with managers
• Final decision
• Employment offer
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG Europe LLP; a
member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a 21
Swiss entity. All rights reserved. Printed in Russia.
THANK YOU!
ZAO KPMG, Moscow
Tel.: (495) 937 44 77
graduate@kpmg.ru
www.kpmg.ru/graduate
22
© 2010 ZAO KPMG, a company incorporated under the Laws of the Russian Federation and under the control of KPMG
Europe LLP; a member firm of the KPMG network of independent member firms affiliated with KPMG International
Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in Russia.
The information herein is of a general nature and not directed to any particular circumstances of any individual or company.
Although we endeavor to provide timely and accurate information, there can be no guarantee that such information is
accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such
information without appropriate professional advice after a thorough examination of the particular situation.