Junior Accountant job description typically outlines responsibilities like assisting with bookkeeping data entry preparing financial reports and reconciling accounts. They support senior accountants in day-to-day operations ensuring accurate financial records and compliance with accounting principles.
Heres a more detailed breakdown of a Junior Accountants responsibilities:
Key Responsibilities:
Bookkeeping: Maintaining financial records including recording transactions processing invoices and reconciling accounts.
Data Entry: Entering financial data accurately and efficiently into accounting systems.
Financial Reporting: Assisting in the preparation of financial statements such as balance sheets income statements and cash flow statements.
Bank Reconciliation: Reconciling bank statements with the companys financial records.
Accounts Payable/Receivable: Processing invoices managing accounts payable and collecting accounts receivable.
Budgeting: Assisting in the preparation of budgets and forecasts.
Compliance: Ensuring compliance with accounting standards and regulations.
Audit Assistance: Supporting internal audits and compliance checks.
General Ledger Maintenance: Maintaining accurate records in the general ledger.
Journal Entries: Preparing journal entries and adjustments.
Collaboration: Working with other departments to ensure accurate financial data.
Skills and Qualifications:
Basic Accounting Knowledge: A solid understanding of accounting principles and practices.
Accounting Software Proficiency: Proficiency in using accounting software such as QuickBooks or Oracle.
Excel Skills: Strong proficiency in Microsoft Excel for data analysis and reporting.
Attention to Detail: Accuracy and precision in handling financial data.
Problem-Solving: Ability to identify and resolve accounting issues.
Communication Skills: Ability to communicate effectively with colleagues and other departments.
Teamwork: Ability to work effectively as part of a team.
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