Description:
An overview of what the Junior Accountant will be responsible for. This includes handling accounts payable and receivable, managing petty cash, preparing invoices, assisting with payroll in WPS, and performing reconciliation tasks. This summary gives a quick snapshot of the role’s main duties.
Key Responsibilities:
Detailed descriptions of the tasks and duties the Junior Accountant will perform:
1. Accounts Payable & Receivable:
- Accounts Payable: Involves processing bills and ensuring timely payments to vendors.
- Accounts Receivable: Involves tracking and collecting payments from customers.
- Reconciliation: Ensuring the accuracy of these accounts and resolving any discrepancies.
2. Petty Cash Management:
- Managing the company’s petty cash fund, which involves keeping track of small cash expenses and ensuring proper documentation.
3. Invoice Preparation:
- Creating and sending invoices to clients or customers and ensuring that all information is accurate. This also involves following up on outstanding invoices.
4. Payroll Assistance:
- Supporting the payroll process, including entering data and ensuring employees are paid correctly. Experience with Wage Protection System (WPS) indicates familiarity with regional payroll regulations.
5. Reconciliation:
- Comparing and reconciling financial records such as bank statements with internal records to ensure accuracy and resolve any issues.
6. Excel Proficiency:
- Using advanced features in Excel to manage, analyze, and report financial data. This includes creating complex spreadsheets and financial models.
Qualifications:
Requirements needed for the role:
- Education: A bachelor’s degree in Accounting, Finance, or a related field is typically preferred.
- Experience: Some relevant experience ( 2-6 years ) in accounting or a similar role is usually required.
- Technical Skills: Advanced skills in Excel are needed for managing and analyzing data.
- Payroll Knowledge: Familiarity with payroll systems, especially Wage Protection System (WPS), is important.
- Attention to Detail: High accuracy is required in financial tasks to avoid errors.
- Communication: Effective communication skills are necessary for interacting with team members and possibly clients.
- Organizational Skills: Ability to handle multiple tasks and prioritize effectively.