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Junior Accountant
Career Insights for Accountant (General)
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Based on Texas data
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What they do
An Accountant organizes and maintains financial records and prepares financial statements for companies and organizations. Works as a public accountant (prepares financial documents where public disclosure is required by law, such as business balance sheets and tax returns), management accountant (prepares financial information for internal use by a company) or government accountant (maintains records for government agencies).
$74,170 / year median in Texas
-2% projected decline
Job Description
- Prepare and record daily journal entries.
- Maintain general ledger accounts and supporting schedules.
- Assist with monthly, quarterly, and year-end financial closing processes.
- Reconcile bank accounts, credit card accounts, and other balance sheet accounts.
- Review transactions for accuracy and proper accounting treatment.
- Assist with preparation of internal financial reports. Accounts Payable
- Process vendor invoices accurately and on time.
- Verify invoices against purchase orders, receiving documents, and approvals.
- Prepare payment requests and maintain payment records.
- Communicate with vendors regarding invoices, statements, and payment inquiries.
- Assist with vendor account reconciliations. Accounts Receivable
- Generate customer invoices and maintain accurate billing records.
- Monitor customer payments and outstanding balances.
- Follow up on overdue accounts and assist with collection efforts.
- Apply cash receipts and maintain accurate customer records. Cash Management
- Assist with cash flow tracking and reporting.
- Monitor daily banking transactions.
- Prepare bank deposits and maintain cash records. Payroll Support
- Assist with payroll preparation and payroll-related reconciliations.
- Maintain payroll records and supporting documentation.
- Ensure payroll transactions are properly recorded. Financial Reporting
- Assist in preparing monthly financial statements.
- Support budgeting and forecasting activities.
- Prepare financial analysis and management reports as needed.
- Assist with variance analysis, cost tracking, and operational reporting. Compliance and Audit Support
- Maintain organized accounting records and supporting documentation.
- Assist with annual audit and tax preparation activities.
- Support compliance with company policies, internal controls, and accounting standards.
- Assist with regulatory reporting requirements as needed. Administrative and Cross-Functional Support
- Support accounting document management and record retention.
- Assist with accounting software maintenance and data accuracy.
- Collaborate with Operations, Logistics, Purchasing, HR, and Management teams.
- Participate in process improvement initiatives.
- Perform other accounting and finance-related duties as assigned.
- Provide support in accounting, finance, human resources, purchasing, and general administrative functions.