Junior Accountant Salary
Job Description for Junior Accountant
Junior accountants provide a vital service to various companies by accurately recording corporate finances. Typical daily job duties include reconciling company bank accounts, balancing financial records and preparing monthly reports. They generally work with a team of other accountants and report to a senior accountant. The level of confidentiality and discretion required of junior accountants is great because they work with private company information and are given access to secure accounts.Read More...
Junior accountants are generally expected to give oral or written reports daily, weekly and/or monthly about company debts, budgets, deficits and other expenditures. They also correct financial errors and create reports of those errors. When there are subsidiary or sister companies, junior accountants may also be responsible for maintaining and balancing the financial books of those companies. Junior accountants also are involved in the filing of a company's taxes, maintaining corporate tax records, providing analyses of the financial state of their employing company, and handling quarterly and yearly bookkeeping reports.
To become a junior accountant, a bachelor's degree in accounting or related field is usually required. Some knowledge of computer-based accounting programs like QuickBooks and/or PeachTree are usually appreciated but not always necessary. A background in tax assessment or banking is helpful, but not necessary. Junior accountants must have strong oral and written communication skills, keen eye for detail, intermediate computer proficiency, and mathematical aptitude. They should also be detail oriented, self driven, deadline sensitive and quality-focused.
Junior Accountant Tasks
- Maintain general ledger and oversee all day to day financial transactions.
- Assess data to ensure that proper accounting practices have been following.
- Assist with or conduct fixed asset audits as necessary.
- Create and maintain payroll budgets, update vendor information, and confirm expense vouchers.
- Match large batches of invoices and maintain the accuracy of employee timesheets.
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