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Junior Accountant
$72k-88k (estimate)
Full Time 2 Days Ago
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Seven Life Sciences is Hiring a Junior Accountant Near New York, NY

About the job

Position Overview:

The Junior Accountant will be responsible for maintaining accounting records within the general ledger, assisting with accounts receivables, accounts payables and play a key role in preparing and maintaining financial records to track the organization assets, liabilities, profit and loss and other related financial activities.

Key Responsibilities:

  • Assist in the preparation of monthly balance sheets income statements, and profit and loss statements
  • Maintains the general ledger
  • Codes invoices, sets up new accounts, reconciles accounts and closes the monthly books.
  • Reconciles bank activity monthly, verifies deposits, and addresses inquiries from banks.
  • Reconciles cash disbursement accounts, customer accounts, and other financial accounts.
  • Assists in coordination of accounts receivable collections.
  • Verifies and/or process input and payment of invoices associated with accounts payable and ensures payments are charged to the appropriate accounts in a timely manner.
  • Set up new customers and invoice in accounting system.
  • Assist with vendor and customer questions related to billing.
  • Assists in providing external auditors with assistance, gathers necessary accounting information and documents to perform annual audit.
  • Interact with department leads across organization
  • Maintain data within the purchasing and invoicing system
  • Maintains knowledge of acceptable accounting practices and procedures.
  • Perform balance sheet reconciliation for AP/AR accounts during month-end close.
  • Perform monthly close duties including AP accruals and other miscellaneous journal entries.
  • Analyze and maintain aged accounts receivables and payables reports for accuracy and to identify any critical issues.
  • Process automation: reviewing current processes, researching and implementing automation or improvement solutions in partnership with the accounting staff.
  • Special projects: assist the Director of Financial and Accounting with special projects, as needed.
  • Performs other related duties as assigned.

Qualifications:

  • Bachelor’s degree in accounting, or related field, required
  • 2 years of related experience required
  • Ability to communicate effectively and work collaboratively
  • Ability to work in a fast paced and high demanding environment

Job Summary

JOB TYPE

Full Time

SALARY

$72k-88k (estimate)

POST DATE

06/26/2024

EXPIRATION DATE

12/22/2024

Show more

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The job skills required for Junior Accountant include Accounting, General Ledger, Accounts Payable, Balance Sheet, Accounts Receivable, Communicates Effectively, etc. Having related job skills and expertise will give you an advantage when applying to be a Junior Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Junior Accountant. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Junior Accountant positions, which can be used as a reference in future career path planning. As a Junior Accountant, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Junior Accountant. You can explore the career advancement for a Junior Accountant below and select your interested title to get hiring information.

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If you are interested in becoming a Junior Accountant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Junior Accountant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Junior Accountant job description and responsibilities

A junior accountant maintains and compiles financial reports and statements according to the government rules, regulations and requirements.

01/22/2022: Colorado Springs, CO

A junior accountant often checks and ensures that all the accounting procedures comply with state and government guidelines, policies and practices.

01/19/2022: Lynchburg, VA

Accountants are responsible for a wide variety of finance-related tasks that are primarily associated with preparing financial records.

12/24/2021: Baton Rouge, LA

As entry-level professionals, junior accountants assist with preparing and analyzing financial records.

02/25/2022: Portsmouth, NH

Junior accountants actively work to resolve those discrepancies to ensure a smooth accounting process.

02/02/2022: Binghamton, NY

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Junior Accountant jobs

Need to have a good communication skills.

01/03/2022: Springfield, OH

Highly-motivated, deadline-committed, goal-driven accountant is a plus.

02/17/2022: Huntsville, AL

Handle multiple projects and work with several clients at a time and multitask to meet deadlines.

02/25/2022: Santa Maria, CA

Most companies use enterprise-level accounting software, which junior accountants must learn how to use.

03/11/2022: Spartanburg, SC

Study the right accounting qualifications.

01/22/2022: Lansing, MI

Step 3: View the best colleges and universities for Junior Accountant.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
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