junior accountant job description includes managing daily financial transactions preparing financial reports and reconciling accounts. Key responsibilities involve processing accounts payable and receivable making journal entries and assisting with month-end and year-end closing procedures. The role often requires a bachelors degree in accounting or a related field strong attention to detail and proficiency with accounting software.
Key responsibilities
Record transactions: Accurately post daily financial transactions and maintain general ledgers.
Manage accounts: Handle accounts payable and receivable including issuing invoices.
Reconcile accounts: Perform bank and ledger reconciliations to ensure accuracy.
Prepare reports: Assist in preparing financial statements balance sheets and income statements.
Close books: Support the month-end and year-end closing processes.
Assist with audits: Help senior accountants and external auditors with their work.
Process payroll: May assist with calculating payroll and payroll taxes.
Ensure compliance: Help maintain compliance with financial regulations and company policies.
Qualifications and skills
Education: Bachelors degree in Accounting or a related field is often required.
Experience: Some experience with general ledgers and accounting software is beneficial even for entry-level roles.
Technical skills: Proficiency with Microsoft Office Suite and accounting/ERP software is essential.
Soft skills: Strong analytical problem-solving and communication skills are important.
Attention to detail: Meticulous attention to detail is critical for accuracy.
Confidentiality: The ability to maintain the confidentiality of financial information is a must.
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.