junior accountant job description involves maintaining financial records posting journal entries and preparing financial statements and reports often under the supervision of a senior accountant. Key duties include managing accounts payable and receivable performing bank reconciliations and ensuring compliance with accounting standards and regulations. Essential qualifications typically include a bachelors degree in accounting proficiency in accounting software and strong analytical and organizational skills.
Key responsibilities
Record keeping: Maintain accurate financial records by posting journal entries and data into the general ledger.
Accounts management: Handle both accounts payable and accounts receivable including processing invoices and payments.
Reconciliation: Perform bank reconciliations and resolve any discrepancies.
Financial reporting: Assist in preparing monthly quarterly and annual financial statements and reports.
Tax support: Assist in preparing tax filings and managing payroll.
Audit support: Gather necessary documents for internal and external audits.
Compliance: Ensure adherence to financial regulations accounting standards (like GAAP) and company policies.
Software use: Utilize accounting software and advanced knowledge of programs like Microsoft Excel.
Confidentiality: Maintain strict confidentiality of all financial information.
Required qualifications and skills
Education: A bachelors degree in Accounting Finance or a related field is standard.
Experience: Previous experience in a similar role is often required.
Technical skills: Proficiency in accounting software and Microsoft Excel is essential.
Accounting knowledge: A solid understanding of basic accounting principles is necessary.
Soft skills: Strong analytical problem-solving organizational and time-management skills are crucial.
Accuracy: High attention to detail and accuracy are paramount.
Communication: Good verbal and written communication skills are important for collaborating with the finance team and reporting findings.
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.