Full-Time
Global audit, tax, and advisory services
No salary listed
Belmont, Australia
In Person
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KPMG is a global network of independent professional firms that provide Audit, Tax, and Advisory services. Its work involves helping organizations verify financial information, manage tax obligations, and solve business problems through advisory support, risk management, and performance improvement. Services are delivered by cross-border teams across a worldwide network, with an emphasis on consistency and collaboration among member firms. KPMG distinguishes itself through its history as a series of international mergers that created a large, integrated firm with a shared global standard and brand, rather than a single locally owned entity. Its goal is to help clients navigate complex regulations, improve performance, and achieve sustainable growth across multiple markets.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
1987
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KPMG Canada has appointed Ali Jaffery as its first Chief Economist and Partner, effective 1 April 2026. Based in Ottawa, Jaffery will lead the firm's Economic Advisory Services practice and develop research programmes on trade, productivity and competitiveness. Jaffery brings over 15 years of experience across public and private sectors. He most recently served as Executive Director and Senior Economist at CIBC, analysing macroeconomic developments in the US and Canada. His background includes roles at the Bank of Canada as Principal Economist, the Department of Finance, Treasury Board Secretariat and Qatar National Bank. He holds master's degrees in economics from the University of Toronto and public administration from Queen's University, plus an honours degree in economics and mathematics from McMaster University.
KPMG UK has warned nearly 600 employees in its audit practice that their roles are at risk, with up to 440 positions potentially eliminated following a formal redundancy consultation, Bloomberg News reported. The cuts would affect approximately 6% of the audit division's 7,100-strong workforce. A KPMG spokesperson cited low attrition rates in certain audit areas due to current market conditions as the reason for the proposed restructuring. The reductions are expected to focus largely on assistant manager roles held by qualified accountants. The move follows similar workforce reductions across major professional services firms responding to slower demand. McKinsey is reportedly planning to cut roughly 10% of non-client-facing roles over 18 to 24 months, whilst EY reduced its central organisation headcount by 8% in the year to June 2025.
Jamit, a blockchain-based AI audio storytelling platform, has raised $500,000 in pre-seed funding from investors including LAVA VC, CV VC, Batchery, Microtraction and Lisk DAO, with angel participation from Roku, Reality and KPMG. The platform enables creators to produce, publish and monetise immersive audio content using generative AI tools, including script assistance, voice synthesis and editing workflows. The funding will accelerate product development, refine AI workflows for narrative creation and support pilot launches with early creator cohorts. Jamit is focusing on building infrastructure that integrates generative models with creator-friendly tools and monetisation frameworks, emphasising creator IP ownership and platform reliability. The investment reflects growing interest in next-generation content tools amongst crypto-native and traditional venture investors.
KPMG UK partners earned £880,000 (roughly $1.2 million) in the firm's 2025 financial year, an 11% increase from the previous year. This surpassed payouts at rivals PwC and EY, whose partners received £865,000 and £787,000 respectively. Deloitte remains the highest-paying Big Four firm in the UK at £1.05 million. KPMG UK reported annual revenue of £3.6 billion, up 2%. Whilst audit and tax divisions grew 5% and 6%, consulting revenue declined 3% due to difficult market conditions. The firm's partner count continues to shrink, dropping by six in 2025, marking the fourth consecutive year of decline. Despite being the smallest Big Four firm by revenue and employee numbers, KPMG's partner payouts demonstrate strong performance amid challenging consulting market conditions.
KPMG has formed a strategic partnership with software company Uniphore to deploy AI agents powered by industry-specific small language models across regulated sectors including banking, insurance, energy and healthcare. KPMG will use Uniphore's Business AI Cloud platform to build and operationalise agentic AI across internal and client-facing workflows. The platform features a sovereign, composable and secure architecture designed to meet governance and compliance requirements in regulated industries. The collaboration includes an SLM factory model to convert knowledge work into scalable AI systems. Initial solutions include AI-enabled procurement capabilities that classify contracts, compare terms against standards, extract obligations and identify risks. KPMG plans to deploy AI agents across functions including procurement, workforce optimisation, finance, claims and customer experience, aiming for production-grade deployments rather than limited pilots.