Junior Accountant assists in managing financial records preparing reports and conducting reconciliations focusing on tasks like data entry maintaining ledgers and supporting senior accountants.
Heres a more detailed breakdown of a Junior Accountants role:
Key Responsibilities:
Financial Record Keeping:
Maintaining accurate and uptodate financial records.
Entering financial transactions into accounting software.
Posting and processing journal entries.
Maintaining accounts receivable and payable.
Reconciling bank accounts.
Assisting with monthend and yearend closing procedures.
Financial Reporting:
Assisting in the preparation of financial statements (e.g. income statements balance sheets).
Preparing reports and summaries of financial data.
Analyzing financial data and identifying trends.
Supporting Senior Accountants:
Supporting senior accountants with various tasks and projects.
Assisting with audits.
Resolving discrepancies and errors in financial records.
Other Tasks:
Processing invoices and expense reports.
Handling payroll.
Ensuring compliance with accounting standards and regulations.
Maintaining accurate records of financial transactions.
Skills and Qualifications:
Education: Typically requires a bachelors degree in accounting or a related field.
Accounting Knowledge: Strong understanding of basic accounting principles and practices.
Software Proficiency: Proficiency in accounting software (e.g. QuickBooks SAP).
Analytical Skills: Ability to analyze financial data and identify trends.
Attention to Detail: Keen eye for detail and accuracy in financial records.
Communication Skills: Good communication and interpersonal skills to work effectively with colleagues.
Problemsolving Skills: Ability to identify and resolve discrepancies and errors in financial records.
Work experience as an Accountant. Excellent knowledge of accounting regulations and procedures, including the Generally Accepted Accounting Principles (GAAP) Hands-on experience with accounting software like FreshBooks and QuickBooks. Advanced MS Excel skills including Vlookups and pivot tables.
Education
Graduate