A junior accountant is an entry-level financial qualified who supports the accounting department by maintaining daily records, processing transactions, and assisting with financial reporting under senior supervision. [1, 2, 3]Core Responsibilities
- Accounts Payable & Receivable: Issue customer invoices, process vendor bills, handle collections on overdue accounts, and reconcile aging reports to the general ledger.
- Journal Entries & Bookkeeping: Record daily financial transactions, post and process journal entries, and maintain accurate ledgers and journals.
- Reconciliations: Perform monthly bank reconciliations, verify cash deposits, and match ledger activity against financial statements.
- Financial Reporting Support: Assist in compiling trial balances, balance sheets, income statements,
and monthly or quarterly management reports.
- Month-End & Year-End Closing: Participate in closing procedures, value portfolios or check expense allocations, and gather documents for periodic audits.
- Payroll & Expense Tracking: Gather payroll expenses, track employee expense reports, and verify submissions against company policy.
- Software & Compliance: Input data into accounting platforms (such as QuickBooks, SAP, or Tally) and help ensure compliance with financial regulations