KPMG-UnitedKingdom Hiring for Assistant Manager – Commercial Contract Compliance Job at London, England Full Time

Team overview:

KPMG’s Contract Performance & Insights (CP&I) team sits within the wider Consulting practice and consists of qualified accountants/ audit professionals who specialise in providing contract assurance services. The team uses a mix of forensic auditing techniques and technology, to deliver for clients globally, either as part of a programme of activity or in relation to individual strategic contracts.

Our clients come from a diverse range of industries including Public Sector, Pharmaceuticals, Healthcare, Oil & Gas and Financial Services. The team is based out of Canary Wharf, London but other locations can be considered. Flexible working/ working from home welcome. Travel to the KPMG London office is encouraged for team meetings and more generally, in line with the firm’s issued guidance.

Pre-pandemic, some domestic and potentially international travel to the client and other 3rd party sites was required (typically 20 – 30% of your time). Currently, travel to client and third-party sites is only occasionally required but this may change in future as circumstances evolve.

Client need:

Our client’s businesses are often underpinned by reliance on a broad network of strategic 3rd party relationships (suppliers, customers etc.), governed by contracts.

These contracts can represent a risk management ‘blind spot’ for many organisations where the relationship with a third party is based in part on trust. KPMG’s CP&I team undertake audits to confirm the third parties are managing clients’ contracts effectively and billing in line with the agreed terms.

Key benefits to our clients from the identification of contractual non-compliance include:

• Cash recovery relating to historical overbillings
• Recommendations to improve associated processes and/or controls targeted at future prevention
• Demonstratable good corporate governance over 3rd party business relationships
• Implementation of a bespoke contract management plan

The role will include:

• Delivery of contract compliance reviews, including:
• Supervision over 1-3 supporting team members (UK based and/or overseas), including assuming responsibility for day to day QA
• Reviewing our client’s contracts with a view to identifying risk areas and designing appropriate testing procedures
• Engaging with and building relationships with our client’s business partners to provide an overview of the contract compliance audit process
• Performing process walkthroughs of relevant business processes, issuing requests for data, and taking the lead when responding to queries and/or concerns
• Overseeing testing of source documentation received
• Analysis of complex datasets received and quantification of any financial impact to our clients
• Leading onsite fieldwork at business partner/client locations (typically UK based but can be international)
• Preparation of high-quality working papers
• Preparation and delivery of updates to a variety of stakeholders, including senior colleagues and on occasions to clients.
• Preparation of fact-based written reporting
• Working with a range of other KPMG teams including data science and supply chain experts to deliver the best results for our clients

The Individual

Key skills:

• Proven experience of delivering contract compliance audits ideally in a professional services firm or large corporate or more generally, experience of having worked within an audit, assurance, 3rd party risk or forensic capacity, where you have demonstrated the below skills:
• Experience of designing audit procedures and work plans to address risks
• Experience of reviewing and summarising contractual pricing arrangements (ratecard, cost plus, rebates, royalties, open book etc.)
• Have in depth data analysis skills (Microsoft Excel mandatory, with SQL seen as a bonus)
• Have experience of managing and developing team members
• Very strong communication skills – both spoken and written English. Additional languages a bonus.
• Very strong project management skills, including experience of managing multiple priorities, all with competing deadlines
• Specific interest and/or prior work experience in the Infrastructure, Government and/or Healthcare sectors
• Prior experience using Powered BI and dashboards desired but not essential. An interest in learning more about applying automation and machine learning techniques in auditing would be beneficial.

Personal attributes:

• Excellent attention to detail
• Keen problem solver
• Highly numerate and logical
• Fast learner
• Pro-active, confident, and professionally sceptical
• Ability to work independently and to take initiative, whilst also working well within a project team
• Self-motivated to deliver a high-quality service
• Strong drive and resilience to overcome challenges or setbacks to achieve team/project/client goals
• High level of personal integrity and ability to quickly build trust amongst colleagues and clients
• Interest in learning and applying new skills around automation, contract management and dashboarding

Preferred qualification:

A professional qualification in Financial/ Management Accounting, Audit, Finance or Business required (ACA, ACCA, CIMA etc).