· JOB DESCRIPTION OF JR ACCOUNTANT
· Managing payroll and expenses: An account assistant gathers relevant details related to employee attendance and salary for accurate payroll processing. This ensures that an organization complies with labour laws.
· Reporting: They also prepare financial reports for the year-end/month-end closing. These reports help present accurate financial statements.
· Audit and compliance: Account Assistants gather and organize documents to prepare compliance reports. They also maintain accounting standards and prepare organizations for external audits.
· Reconciling bank statements: They also compare bank statements with the company’s financial statements. They help preserve an organization’s financial integrity.
· Processing invoices and payments: Lastly, they process invoices and oversee payments to accounts payable and accounts receivable.
· Post and process journal entries to ensure all business transactions are recorded.
· Update accounts receivable and issue invoices.
· Update accounts payable and perform reconciliations.
· Assist in the processing of balance sheets, income statements and other financial statements according to legal and company accounting and financial guidelines.
· Assist with reviewing of expenses, payroll records etc. as assigned.
· Update financial data in databases to ensure that information will be accurate and immediately available when needed.
· Prepare and submit weekly/monthly reports.
· Assist senior accountants in the preparation of monthly/yearly closings.
· Assist with other accounting projects.