The average salary for an Early-Career Junior Accountant with Financial Reporting skills in Toronto, Ontario is C$41,319.
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C$35k - C$49k
C$250 - C$2k
C$34k - C$49k
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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 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.
Junior Accountant Job Listings
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Popular Skills for Junior Accountant
General Ledger Accounting
Skills in Bookkeeping are correlated to pay that is above average. Skills that pay less than market rate include Accounts Receivable, Microsoft Excel, General Ledger Accounting and Accounts Payable.
Pay by Experience Level for Junior Accountant
An entry-level Junior Accountant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of C$40,265 based on 5 salaries. A mid-career Junior Accountant with 5-9 years of experience earns an average total compensation of C$43,977 based on 7 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Junior Accountant in their job title in Calgary, Alberta earn an average of 13.5% more than the national average. These job titles also find higher than average salaries in Edmonton, Alberta (10.8% more) and Ottawa, Ontario (1.1% more). The lowest salaries can be found in Montréal, Québec (9.8% less), Vancouver, British Columbia (3.3% less) and Winnipeg, Manitoba (3.2% less).
Years of Experience
This data is based on 12 survey responses.