Key Responsibilities:
Maintaining and updating financial records: This includes accurately recording daily transactions, managing ledgers, and ensuring data integrity and confidentiality.
Assisting with financial reporting: Junior Accountants help prepare financial statements like balance sheets, income statements, and cash flow statements.
Processing transactions and making journal entries: They categorize financial information, ensuring it aligns with accounting standards and regulations.
Managing accounts payable and receivable: This involves processing invoices, payments, and bank reconciliations.
Assisting with audits and tax preparation: They gather necessary documentation, respond to inquiries, and support the overall audit process.
Collaborating with other team members: They work closely with senior accountants and other finance professionals.
Adhering to financial regulations and company policies: This includes staying updated on relevant guidelines and ensuring compliance.