Junior Accountant job description
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What does a Junior Accountant do?
The Junior Accountant supports the finance team by maintaining accurate financial records and assisting in the preparation of financial reports. This role is essential for ensuring compliance with accounting standards and contributing to the overall financial health of the company.
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What are the Key Responsibilities of Junior Accountant
- Assist in preparing financial statements and reports.
- Reconcile bank statements and ledgers.
- Process accounts payable and receivable transactions accurately.
- Maintain accurate records of all financial transactions.
- Support month-end and year-end close processes.
- Assist with audits by providing necessary documentation.
What are the Skills and Requirements for a Junior Accountant?
- Basic understanding of accounting principles and practices.
- Proficient in Microsoft Excel and accounting software like QuickBooks or SAP.
- Strong attention to detail with excellent organizational skills.
- Ability to work independently as well as part of a team.
What are the KPIs to track for Junior Accountant?
The Junior Accountant's performance is evaluated based on accuracy in transaction processing, timeliness in report preparation, effective reconciliation practices, adherence to deadlines, and contribution to audit readiness efforts within the finance department's objectives.
Transaction Accuracy
Ensure high accuracy rate in processing transactions.
Timely Reporting
Meet deadlines for monthly report submissions.
Reconciliation Efficiency
Effectively reconcile accounts within set timeframes.
Reports to
Senior Accountant or Finance Manager
Collaborates with
Finance Team, Auditors
Leads
Are any specific tools or software required for the Junior Accountant role?
- QuickBooks
- SAP ERP
- Microsoft Excel
What is the qualification of Junior Accountant?
Bachelor's degree in Accounting or Finance; 1-2 years experience preferred but not required for entry-level positions.
