Job Title: Jr. Accounts Executive
Experience: 1-2 Years
Employment Type: Full-Time
A Junior Accounts role typically involves supporting the finance and accounting functions within an organization. Here are the key roles and responsibilities commonly associated with this position:
1. Data Entry and Record Keeping
- Recording financial transactions: Accurately inputting invoices, receipts, payments, and other financial transactions into accounting software or ledgers.
- Maintaining accurate records: Ensuring that all financial records are properly filed, organized, and accessible when needed.
2. Accounts Payable & Receivable
- Processing invoices: Reviewing and processing vendor invoices for payment, ensuring that they are correct and meet company policies.
- Managing payments: Assisting in scheduling payments for suppliers and vendors, and ensuring timely disbursements.
- Tracking outstanding receivables: Assisting with the collection process by tracking overdue accounts and preparing reminders for customers or clients.
3. Bank Reconciliation
- Reconciling accounts: Assisting in reconciling the company’s bank accounts and credit cards to ensure that records match bank statements.
- Identifying discrepancies: Reporting any discrepancies between internal records and bank statements and helping resolve them.
4. Preparation of Financial Statements
- Supporting month-end/year-end closing: Assisting in the preparation of month-end and year-end financial reports, including balance sheets and income statements.
- Assisting with audit preparation: Helping with audits by preparing and organizing the necessary financial documents.
5. Expense Management
- Monitoring expenses: Assisting in reviewing company expenses to ensure they adhere to the budget and are properly recorded.
- Processing employee reimbursements: Reviewing and processing employee expense reports for approval.
6. Administrative Support
- Supporting senior accountants: Providing assistance to senior accountants and other team members in financial analysis and reporting tasks.
- Maintaining financial systems: Helping ensure that the company’s accounting systems and software are up to date and functioning properly.
7. Financial Analysis Assistance
- Preparing reports: Assisting in creating financial reports and summaries for management to support decision-making processes.
- Assisting in budgeting and forecasting: Helping to gather data for budgeting and forecasting purposes.
8. Communication
- Liaising with vendors and clients: Communicating with vendors, clients, and other stakeholders to resolve billing and payment issues.
- Coordinating with other departments: Collaborating with other departments to gather financial information, verify data, or resolve discrepancies.
9. General Compliance and Accuracy
- Maintaining compliance with financial policies: Ensuring that all transactions comply with the company’s financial policies and procedures.
- Ensuring accuracy: Paying attention to detail to ensure that all financial data entered is accurate and complete.
In general, the role of a Junior Accountant is more focused on supporting the accounting team with administrative and data-entry tasks, while gaining exposure to financial reporting, analysis, and other higher-level accounting activities.
Shubham Vishwakarma
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About Hunarstreet Technologies Pvt Ltd
About
At Hunarstreet Technologies Pvt Ltd, we specialize in delivering India’s fastest hiring solutions, tailored to meet the unique needs of businesses across various industries. Our mission is to connect companies with exceptional talent, enabling them to achieve their growth and operational goals swiftly and efficiently.
We are able to achieve a success rate of 87% in relevancy of candidates to the job position and 62% success rate in closing positions shared with us.
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