Valuations & Financial Modelling Senior Manager Audit

About KPMG

KPMG is a global organization of independent professional services firms that provides Audit, Tax, and Advisory services. The firm's professionals assist clients in navigating complex tax regulations, managing risk, and creating sustainable value within an evolving business environment.

The Role: Valuations & Financial Modelling Senior Manager Audit

KPMG is seeking a Valuations & Financial Modelling Senior Manager for its Audit team in Riyadh, Riyadh. This full-time role requires over 10 years of experience and involves acting as a central point of coordination and technical support for valuation engagements, ensuring efficient execution and timely completion while maintaining high-quality standards.

Key Responsibilities

• Coordinate between clients, KPMG Audit teams, and the Valuations & Financial Modelling team, managing timelines, information requests, deliverables, and communications.
• Monitor engagement progress, follow up on outstanding items, identify potential delays, and coordinate resolutions with stakeholders.
• Provide technical support to KPMG Audit teams, assessing valuation methodologies, assumptions, inputs, sensitivities, and conclusions.
• Assist Audit teams in performing and reviewing valuation sensitivity analyses and evaluating management's disclosures.
• Represent the Valuations & Financial Modelling team in meetings, communicating requirements, technical matters, and facilitating issue resolution.
• Support clients in assessing and applying Global Investment Performance Standards (GIPS), including reviewing performance calculation and presentation methodologies.
• Serve as a recognized resource for complex issues within the field of expertise.
• Oversee complex or large-scale assignments, ensuring adherence to budgets and deadlines.
• Supervise the quality of reports and deliverables to ensure compliance with KPMG’s quality standards.
• Assume full responsibility for the end-to-end execution of engagements related to business valuation, valuations for transactions, mergers, accounting-related valuations, and purchase price allocation.
• Advise clients on complex valuation issues and integrate various types of expertise to meet client needs.
• Manage the preparation and delivery of proposals, collaborating with other KPMG service lines for cross-functional engagements.
• Accompany the Director/Partner in presenting reports and conclusions to clients.
• Manage conflicting situations and address risk management issues.
• Apply administrative standards in compliance with current policies and procedures, and manage the billing and collection process.
• Maintain up-to-date knowledge of valuation methodologies, financial modelling techniques, relevant IFRS requirements, and market developments.
• Monitor engagement profitability, realization, resource utilization, and budgets, managing scope changes and fee negotiations.
• Maintain strong client relationships, understand client needs, and ensure timely delivery of high-quality solutions.
• Review and challenge valuation methodologies and assumptions applied to private equity investments, corporate bonds, business acquisitions, and purchase price allocations.

Qualifications and Experience

• Experience: More than 10 years of experience in executing large and complex valuation engagements, including valuations of private equity investments, corporate bonds, business acquisitions, and purchase price allocations (PPA) for transaction and financial reporting purposes.
• Technical Knowledge: Strong knowledge and practical experience in applying valuation methodologies, including discounted cash flow (DCF) models, market multiple approaches, comparable company analysis, and other commonly used valuation techniques.
• Professional Designation: Hold a recognized professional designation in business valuation, such as CBV, ASA (Business Valuation), or an equivalent relevant valuation qualification.
• Additional Qualifications (Considered an Asset): Graduate diploma (MBA or MSc finance) or any other professional designation (CPA, CA, CFA, etc.).
• Work Ethic: Ability to manage competing priorities and meet tight deadlines, with flexibility to work extended hours when required to meet client needs and engagement commitments.

Work Environment

This is a full-time position based in Riyadh, Riyadh. The role involves working directly with Directors and Partners, and may include supervising and coordinating a team as needed.