job summary
we are seeking a detail-oriented and motivated junior accountant to support our finance department by managing daily accounting tasks. this role is crucial for ensuring the accuracy and transparency of our financial records, compliance with regulations, and the overall efficient operation of the accounting team.
roles & key responsibilities
the primary duties of a junior accountant usually include:
1. daily financial operations & bookkeeping
journal entries: post and process journal entries to record all daily business transactions accurately.
ledger maintenance: maintain and update the general ledger and subsidiary ledgers.
data entry: accurately enter and file financial data into the accounting software (., tally, sap, quickbooks).
2. accounts payable & receivable
accounts receivable (ar): update ar records, issue sales invoices to customers, and track outstanding balances.
accounts payable (ap): update ap records, process and verify supplier invoices, and prepare payment runs.
expense management: review, process, and reconcile employee expense reports.
3. reconciliation and reporting
bank reconciliation: perform daily or monthly bank and credit card reconciliations to resolve discrepancies.
month/year-end: assist senior accountants in the preparation of month-end and year-end closing procedures.
financial statements: support the preparation of basic financial reports, including balance sheets, income statements, and cash flow statements.
4. compliance and support
compliance: ensure compliance with statutory regulations, including gst (goods and services tax) and tds (tax deducted at source), and assist in timely filings.
payroll: assist with the processing and review of monthly payroll records, as assigned.
audit support: collaborate with internal and external auditors by preparing necessary documentation and providing clarification on transactions.