The average salary for a Junior Accountant in United Kingdom is £18,346.
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What Do Junior Accountants Do?
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.
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.
Job Satisfaction for Junior Accountant
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Somewhat common (8 - 20%)
Junior Accountant Job Listings
What Are Popular Skills for Junior Accountants?
Skills in Financial Reporting and General Ledger Accounting are correlated to pay that is above average. Skills that pay less than market rate include Sage 50 Accounting, Bookkeeping and Microsoft Excel.
What is the Pay by Experience Level for Junior Accountants?
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 £17,985 based on 85 salaries. An early career Junior Accountant with 1-4 years of experience earns an average total compensation of £18,389 based on 353 salaries. A mid-career Junior Accountant with 5-9 years of experience earns an average total compensation of £23,931 based on 29 salaries.
Pay Difference by Location
Employees with Junior Accountant in their job title in London, England: London earn an average of 26.0% more than the national average. These job titles also find higher than average salaries in Birmingham, England: Birmingham (11.9% more) and Bristol, England: Bristol (7.1% more). The lowest salaries can be found in Birmingham, England: West Midlands (18.2% less), Swansea, Wales: Swansea (14.8% less) and Manchester, England: Manchester (4.6% less).
Years of Experience
This data is based on 467 survey responses.