How KPMG’s Vice Chair of Tax Got Hired and Promoted

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Key Takeaways

- Rema Serafi, the Vice Chair of Tax at KPMG, joined the Big Four accounting firm 30 years ago in an entry-level position.

- In her current role, she leads a team of more than 10,000 professionals across all tax disciplines.

- Serafi is the first woman to serve as KPMG’s Vice Chair of Tax, a milestone she doesn’t take lightly.

About 30 years ago, Rema Serafi decided to travel to KPMG’s Boston office to interview for a job she didn’t expect to get. KPMG is one of the “Big Four” accounting firms alongside Deloitte, EY and PwC. It has more than 276,000 partners and employees globally, and operates in 138 countries and territories.

Serafi was a couple of years out of graduate school, having completed a master’s degree in international economics from Columbia University’s School of International and Public Affairs, but the competition for this role was stiff.

“I was up against candidates with more experience and bigger networks, but I was determined, persistent and had a real desire to learn,” Serafi tells Entrepreneur in a new interview.

Though she didn’t get the job at the Boston office, the New York office leader of the same group at KPMG took a chance and hired her. “That decision changed the trajectory of my career,” Serafi says. “It’s a big reason I am where I am today, and it’s shaped how I think about sponsorship and paying that opportunity forward.”

Now, over 30 years later, Serafi is the Vice Chair of Tax at KPMG and Tax Leader for KPMG Americas. In her role, she leads a team of more than 10,000 partners and professionals across all tax disciplines.

Rema Serafi. Credit: KPMG

How she got to the top

Serafi is the first woman to serve as KPMG’s Vice Chair of Tax, a milestone she doesn’t take lightly. There were three important factors to her success. First, she listens intently to clients, colleagues and people around her. She learned early on in her career that the way to build trust and make better decisions was by listening.

“It helps you understand what people need, not just what they’re asking for, and it makes you more effective as a leader,” she says. “In my view, the best leaders are those who are humble enough to change their minds, who can pivot based on feedback, and who can admit mistakes. That requires active listening and confidence.”

The second way she reached the top was by building and maintaining relationships with her network. “I’ve always prided myself on building and maintaining relationships, because you never know when or where you’ll cross paths with people again,” she says. “Throughout my career, former teammates became clients, colleagues became collaborators in new roles, and leaders I worked with years ago resurfaced as decision-makers at pivotal moments.”

Serafi works hard to make a positive impression, positioning herself as someone people trust and want to work with again. Her focus on building strong relationships with a network of people has opened doors and “multiplied” opportunities, she says.

The final key to advancing was advocating for herself by raising her hand for stretch assignments, being clear about her career goals and stepping into more responsibility at times before she felt 100% ready. Serafi is quick to point out that she hasn’t done this alone. She has had mentors who had a vision for her that was bigger than her own.

“At times, many of us can struggle to see our own potential clearly because we lack the broader context,” Serafi says. “That’s why I think it’s so important to ask trusted mentors and leaders how they see you and your path.”

Her tax tips for businesses

Serafi advises considering three key suggestions when it comes to filing taxes. The first is to “plan ahead where you can” and “model and scenario plan for different outcomes,” because “timing decisions can have real tax consequences,” Serafi warns.

The second tip is to leverage AI and technology to help with taxes. “Even simple cloud accounting tax tools can reduce errors, free up time to run your business and serve as another member of the team,” Serafi says. “You don’t need a big-firm budget to benefit from good advice and technology — you just need to be intentional about it.”

The final recommendation is to “ensure access to good data.”

“The tech is only as good as the data you feed it,” she says.

Leadership lesson

Early in Serafi’s career, she was at a client dinner at a Middle Eastern restaurant. Without thinking, she started ordering for the table in Arabic.

“The client lit up and my team was amazed,” she says. “And in that moment, the very background I had tried to downplay became my greatest asset.”

Serafi is a first-generation American who immigrated to the U.S. from Syria with her family. She managed to differentiate herself in that moment in a positive way. Later, she thought back to her childhood, when she was self-conscious about being bilingual. For years, she saw the language barrier as a weaknes