1. What is the average salary of a Junior Accountant?
The average annual salary of Junior Accountant is $63,363.
In case you are finding an easy salary calculator,
the average hourly pay of Junior Accountant is $30;
the average weekly pay of Junior Accountant is $1,219;
the average monthly pay of Junior Accountant is $5,280.
2. Where can a Junior Accountant earn the most?
A Junior Accountant's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Junior Accountant earns the most in San Jose, CA, where the annual salary of a Junior Accountant is $79,523.
3. What is the highest pay for Junior Accountant?
The highest pay for Junior Accountant is $75,456.
4. What is the lowest pay for Junior Accountant?
The lowest pay for Junior Accountant is $52,607.
5. What are the responsibilities of Junior Accountant?
The Junior Accountant ensures the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger. Assists in maintaining financial records and ensuring that financial transactions are properly recorded. Being a Junior Accountant assists in analyzing current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. Compiles financial data to aid more senior accountants in the preparation of balance sheets, profit and loss statements and other financial reports. In addition, Junior Accountant requires a bachelor's degree. May require eligibility to sit for CPA exam. Typically reports to a supervisor or manager. Being a Junior Accountant works on projects/matters of limited complexity in a support role. Work is closely managed. Working as a Junior Accountant typically requires 0-2 years of related experience.
6. What are the skills of Junior Accountant
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
2.)
Accounts Receivable: Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
3.)
Internal Control: Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.