Junior accountant (Bangalore)

mail:- info@naukripay.com
Junior Accountant supports the accounting department by handling daily accounting tasks. These tasks include preparing financial statements, managing accounts payable and receivable, processing invoices, and assisting with payroll and financial reporting. They work under the supervision of senior accountants to maintain accurate financial records and ensure compliance with regulations. Here's a more detailed breakdown of the responsibilities and skills:Responsibilities:Maintaining Financial Records:Junior Accountants are responsible for accurately recording financial transactions, reconciling bank statements, and managing accounts payable and receivable. Preparing Financial Reports:They assist in the preparation of monthly, quarterly, and annual financial statements, including balance sheets and income statements. Processing Transactions:This involves handling invoices, payments, and expense reports, ensuring proper documentation and adherence to company procedures. Assisting with Payroll:They may be involved in the preparation and processing of employee payroll, including calculating wages and taxes. Supporting Audits:Junior Accountants provide support during both internal and external audits, supplying necessary documentation and information. Maintaining Compliance:They ensure adherence to financial regulations, company policies, and generally accepted accounting principles (GAAP). General Ledger Management:Junior Accountants maintain and update general ledger accounts, preparing journal entries as needed. Skills:Accounting Software Proficiency:They should be comfortable using accounting software such as QuickBooks, SAP, or Tally. Financial Analysis:Strong analytical and problem-solving skills are crucial for identifying and resolving discrepancies, analyzing financial data, and providing insights. Attention to Detail:Accuracy is essential in accounting, so a keen eye for detail is important for junior accountants. Communication Skills:They need to be able to effectively communicate with colleagues, senior accountants, and other stakeholders. Organizational Skills:Managing multiple tasks, meeting deadlines, and maintaining organized financial records are key skills. Knowledge of Accounting Principles:A solid understanding of basic accounting principles is essential for junior accountants. Qualifications:A Bachelor's degree in Accounting, Finance, or a related field is typically required.Relevant experience as a Junior Accountant or in a similar role is beneficial.Strong knowledge of financial regulations and compliance is important.