Junior Accountant Job Description: Top Duties and Qualifications

A Junior Accountant, or Entry Level Accountant, manages daily financial and accounting tasks for businesses. Their main duties include preparing and maintaining financial statements, compiling reports and preparing balance sheets.

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Junior Accountant Duties and Responsibilities

Junior Accountants support upper-level accounting managers and senior accountants while providing important services within the office. They are integral to the hierarchy of the office and resolve many issues before they become larger problems. Junior Accountants have the following responsibilities:

  • Maintaining accounts receivable, document bills and supporting documentation
  • Maintaining accounts payable, ensure timely payment of invoices, confirming validity of the debt and gathering appropriate signatures
  • Updating financial records via accounting software
  • Gathering payroll expenses and input into appropriate entry line
  • Preparing quarterly budget under the purview of senior management
  • Analyzing financial statements and prepare balance sheets

Junior Accountant Job Description Examples

 

Example 1

LIVE THE Island LIFE Tommy Bahama is looking for creative, diverse, and energetic people to help us live the island life! Tommy Bahama has grown to include both men’s and women’s apparel, home and beach goods, and a thriving restaurant and bar business. Everything that bears the Tommy Bahama name is created with an unwavering eye towards quality. More than ever, our focus is on taking our guests someplace great — through exceptional service, upscale products, and delicious food and drinks. Maintaining our unique point of view requires a diverse team that includes apparel designers, e-commerce and technology experts, manufacturing and operations, and, of course, retail and hospitality professionals. We would love to have you share your talents with us! SET THE Course · Investigate and resolve eCommerce, Retail, and EOM transaction errors that flow into the sales audit sub-system. Coordinate with store operations to resolve any operational transaction processing errors. · Reconcile receipts captured in the sales audit system to credit card processor reports and other internal or third-party reports · Make sound, research based judgments to process transaction adjustments and corrections in a timely manner · Perform daily and monthly eCommerce reconciliations using several data sources to ensure data in multiple systems balance · Coordinate with Retail Operations, Corporate Treasury, and financial institutions to setup new store banking and other financial items · On a daily basis, respond to questions and interact with various departments in the company including Store Operations, Loss Prevention, and Guest Services · Monitor EOM Customer Liability balances and research issues including credits issued prior to fulfillment or cancellation, missed shipping refunds, and incorrectly voided transactions · Research and address EOM related sales audit rejections errors related to credits issued pre-fulfillment, out of balance transactions, tax jurisdiction issues, offline credits, and others · Act as a backup for Sales Auditor role · Complete month end journal entries related to revenue and banking, including travel card accruals, eCommerce hardmark discounts, and miscellaneous reclasses and accruals. · Maintain Seattle Corporate and New York petty cash schedules and reconciliations. · Complete monthly bank reconciliations for multiple accounts. · Complete remote deposits related to freight claims. · Respond to all information/processing requests in a timely manner · Maintain gift card database, including issuance and balance audits · Manage gift card, promo card, and other tender related stock · Develop, suggest, and implement process improvements/procedural changes as needed to address issues or inefficiencies · Perform additional duties, and projects as assigned BE THE Island GUIDE
  • Entry-level professional with little prior experience, e.g., recent college graduate with some prior work experience
  • Learns to use professional concepts to perform work of limited scope and complexity
  • Works on assignments that are routine in nature with little discretion to vary from established procedures
  • Works under moderate supervision within established procedures, processes and practices
  • Responsible for basic decision-making when completing assigned tasks in relation to the Sales Auditing process(es.) Essentials FOR LIFE IN Paradise · BS/BA in Finance or Accounting required · Understanding of basic accounting and balancing procedures required · Generally, 2+ years of exposure to high volume sales audit and revenue accounting, banking, or other similar accounting functions required · Prefer Aptos Sales Audit system experience · Proficient in Microsoft Office suite · Excellent customer service and communication skills (oral and written) · Detail oriented and highly organized to provide accurate processing · Ability to multi-task, meet deadlines, and work in a fast-paced environment · Technology savvy with the ability to learn new systems quickly Job Type: Full-time Benefits: * 401(k) * 401(k) matching * Dental insurance * Health insurance * Paid time off * Vision insurance Physical Setting: * Office Schedule: * 8 hour shift * Monday to Friday Education: * Bachelor's (Preferred) Work Location: One location
  • Example 2

    Long Island’s largest homebuilder is currently seeking an AP Administrator/Junior Accountant for immediate hire. Candidate must have 3-5 years of experience in strong A/P control as relates to the construction industry. Responsibilities include reviewing and reconciling invoices and statements, preparing invoice batches to ensure payments are processed in a timely manner, and learning and performing variance analysis to budgets as needed. Corresponding with creditors and vendors. the cost of goods sold, posting journal entries, and bank reconciliation. Learn systems and procedures to analyze progress of homes under construction. Opportunity for growth. This is an on-site position (not remote). Qualifications: 3-5 years’ experience in A/P in the Construction Industry required Advanced MS Excel Experience with reconciliations a + Bachelor’s Degree in Accounting a + Job Type: Full-time Benefits: * 401(k) * Health insurance * Paid time off Physical Setting: * Office Schedule: * Monday to Friday Education: * Bachelor's (Preferred) Experience: * A/P in the Construction Industry: 3 years (Required) Work Location: One location

    Example 3

    *Junior Accountant **Longview, NC * *Position Summary * Entry Level Accountant which manages daily financial and accounting tasks. Their main duties include data entry, compiling reports and any other duties as assigned. *Core Duties and Responsibilities * * Update Accounts Receivable and issue invoices * Act as a backup account payable * Work under the supervision of a Senior Accountant * Assist in completing audits * Generate reports of financial status information * Preparing reports and projections based on this analysis *Qualifications and Experience * * Ability to sit in front of a computer looking at a computer screen for long periods of time * Advanced knowledge of Microsoft Office Suite (especially Excel). * Ability to work overtime as assigned and commit to an assigned work schedule * Familiarity with Xero Accounting Software preferred. * Keen attention to detail * Excellent problem-solving * Able to maintain confidentiality is a must * Must be adept with technology. Xero software, Microsoft office suite and standard email are all key elements in this type of work. * The ability to communicate clearly and effectively via phone conversations, written communication via email and formal letters, as well as in-person meetings. * Excellent time management and organizational ability * Ability to multitask and meet constant deadlines * Willingness to work long hours, when necessary * Quality focused and detail-oriented * Team player with a positive communication style * Ability to stand and/or sit for long periods of time in performance of job functions * Must be able to lift up to 20 lbs. unassisted Job Type: Full-time Benefits: * 401(k) * Dental insurance * Disability insurance * Health insurance * Life insurance * Paid time off * Vision insurance Physical Setting: * Office Schedule: * Day shift * Monday to Friday * Weekend availability Ability to * Hickory, NC 28601: Reliably commute or planning to relocate before starting work (Required) Education: * Associate (Required) Work Location: One location

    Example 4

    *Junior Accountant* Englewood, CO 360 Rail Services is a railroad Consulting and Construction firm providing Engineering, Maintenance, Construction, and Operations to various clients across the US. We serve a variety of industries including but not limited to Energy, Agriculture, Aggregate, and Transit. We are looking for individuals who are independent, self-driven, and possess the initiative to work in a fast-paced environment for a creative and forward-thinking firm. We are currently looking for a Junior Accountant, based in our Englewood, CO office, to support the accounting department with daily transactional activities. Main job duties will include full-cycle Accounts Payable, Accounts Receivable support, and basic Corporate Accounting duties for a multi-entity structure. The ideal candidate will be a motivated self-starter with a working knowledge of basic accounting principles. The ideal candidate should also be able to effectively communicate with colleagues and clients. Responsibilities * Full-Cycle Accounts Payable including invoice entry, payment scheduling and vendor correspondence * Daily Bank and Credit Card Transaction processing/posting to correct GL and Job Codes * Annual 1099 Processing * Balance sheet reconciliations * Fixed asset, depreciation, and prepaid schedule maintenance * Adjusting journal entries * Accounts Receivable Processing, including T&M Force Account invoicing * Sales and use tax calculations and compliance * Basic project accounting support, to include PO and Item Receipt processing, basic job costing, and basic financial reporting. * Assist with annual financial review and other compliance needs * Assist the Controller with software implementation tasks as necessary Requirements: * Bachelor’s degree in Accounting OR 5 years bookkeeping/project accounting experience * QuickBooks experience * Excellent Microsoft Office Suite skills - Excel, Word, and Outlook * Strong written and verbal communication skills * Strong interpersonal skills to enable effective interaction with all levels of personnel * Strong work ethic and attention to detail * Strong analytical, problem-solving, and organizational skills * Ability to provide exceptional internal and external client service through a sense of urgency and commitment to quality and timely completion of duties * Display appropriate ethical knowledge through extraordinary integrity and professional presentation and conduct * Ability to work effectively both within a team environment and independently * An attitude of continuous improvement * Takes initiative and works thru problems to find solutions Salary range $45-50,000 Location: Englewood, CO Job Type: Full-time Job Type: Full-time

    What does a Junior Accountant do?

    Junior Accountants are financial professionals just starting out in the accounting field. They typically work under the Accountant within a company and assist in managing the day-to-day financial operations to keep a business financially stable. They’ll work closely with the management teams and other team leads to prepare budgets that work best for each department and the overall company. 

    A Junior Accountant reviews the organizational financial guidelines and procedures to ensure the business is following the proper state and federal regulations. If any accounts payable and receivable questions or issues appear, the Junior Accountant addresses them and works to resolve the problem. They also develop monthly financial statements regarding the company’s profits, loss statements and balance sheets.

    Junior Accountant skills and qualifications

    The skills and qualifications of the Junior Accountant include the following:

    • Attention to detail: The Junior Accountant will have to reconcile accounts, noticing any discrepancies and miscalculations. This requires strong observation skills and keen attention to detail. Incorrect information can throw a budget off track and cause incorrect reporting.
    • Problem-solving skills: Junior Accountants work closely with the accounting team and upper management. The ability to identify a problem and resolve it appropriately is critical to resolving potential mistakes. Reconciling accounts requires a comparison between reports, accounts and line items. Locating a discrepancy and resolving the error is easiest when you can identify the problem and take the steps to resolve it without excessive time spent.
    • Skill with technology: Junior Accountants will benefit most from being adept with technology. Accounting software, spreadsheet programs and standard email are all key elements in this type of work. Being comfortable with these programs will enable the candidate to succeed as a Junior Accountant.
    • Communication: Because Junior Accountants interact with multiple staff members, the ability to communicate clearly and effectively is beneficial to a productive individual. Phone conversations, written communication via email and formal letters, as well as in-person meetings all require the Junior Accountant to have the ability to convey their ideas, concerns and solutions.

    Junior Accountant Salary Expectations

    A Junior Accountant makes an average of $48,477 per year. Pay rate may depend on level of experience, education and the geographical location. 

    Junior Accountant education and training requirements

    Junior Accountants typically have a bachelor’s degree or specific certification in their field of expertise. A bachelor’s degree in accounting or finance is sufficient for most employers, but additional certifications would be needed in order to eventually promote to CPA or CFO. 

    Junior Accountant experience requirements

    While a Junior Accountant starts as an entry-level position with a bachelor’s degree requirement, previous experience is helpful for faster promotion potential and a better grasp of work responsibilities. This does depend on the company posting the position as some may prefer a number of years of experience, while others may opt to train in-house. 

    Job description samples for similar positions

    If the Junior Accountant job description doesn’t meet your needs, see job descriptions for related positions:

     

    Frequently asked questions about Junior Accountants

     

    Who does a Junior Accountant report to?

    The person the Junior Accountant reports to typically depends on the size of the company. Larger businesses may hire multiple Junior Accountants who all report to a Senior Accountant. This employee assigns the Junior Accountants tasks and oversees their performance. 

    Some Junior Accountants who work for smaller organizations report directly to an Accountant, Senior Accountant or Chief Accountant. This employee provides guidance and advice to the Junior Accountant when they need additional support on any complex challenges that occur. 

     

    What makes a good Junior Accountant?

    A good Junior Accountant is strong with reading and reviewing numbers, analytics and statistics. Since they’re regularly handling an organization’s financial files and documents, they must have great organizational skills. 

    Some Junior Accountants are expected to solve complex problems and deliver on tight deadlines, so it’s best if they have impressive problem-solving and critical thinking abilities to successfully accomplish this. They should also contain strong report writing and presentation skills to present financial data to senior and leadership teams.

     

    Do Junior Accountants have different responsibilities in different industries?

    Most Junior Accountants work in an office within the business industry, preparing budgets for certain departments and keeping the organization financially stable. Others may serve as Public Junior Accounts, working for corporations and individuals as they prepare tax forms, balance sheets and other financial documents that their clients are required by law to complete and submit. 

    Some may work as Government Junior Accountants, working solely for government entities examining their records and auditing private businesses who are subject to taxation or certain government regulations. 

     

    What's the difference between a Junior Accountant and an Accounting Clerk?

    Though they’re both lower-level accounting positions, there are some key differences between the two. Most Accounting Clerks are only required to earn a high school diploma, while Junior Accountants usually must receive a bachelor’s degree or higher to start at most organizations. Accounting Clerks’ job duties typically center on basic administrative tasks, while Junior Accountants are able to complete more high-level and complex accounting duties, like auditing and taxation duties. 

    Junior Accountants are also able to move up in their role to a management or senior level position where they complete more big-picture items for an organization. Most Accounting Clerks are usually limited to what they can be promoted to, unless they return to school and earn a more advanced degree.

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