A Junior Accountant assists in managing financial records, preparing reports, and conducting reconciliations, supporting the accounting department with tasks like data entry, maintaining ledgers, and assisting with audits.
Key Responsibilities of a Junior Accountant:
Data Entry and Record Keeping: Accurately enter financial transactions into accounting systems and maintain accurate records.
Accounts Payable and Receivable: Manage invoices, collect payments, and process payments.
Financial Statement Preparation: Assist in preparing financial statements and reports.
Reconciliations: Reconcile bank accounts, accounts payable, and accounts receivable.
Assisting with Audits: Help prepare for financial audits by gathering relevant documents and ensuring records are in order.
Journal Entries: Prepare and post journal entries.
Payroll Administration: Assist with payroll processing.
Budgeting and Forecasting: Assist with budgeting and forecasting.
Tax Compliance: Assist with tax return preparation.
Financial Analysis: Assist with financial analysis and reporting.