A junior accountant is an individual positioned at the bottom of the organizational structure of an accounting department. This person typically has earned a college degree, but has little accounting experience. A junior accountant is expected to handle a number of lower-responsibility accounting tasks in order to gain a broad grounding in how accounting transactions are handled. The following tasks may be assigned to a junior accountant:
Assisting more senior accountants with the preparation of the financial statements
Being generally involved with the handling of customer billings, supplier invoices, and payroll
Calculating and distributing status reports
Calculating ending inventory
Creating and posting journal entries
After a few years as a junior accountant, a person may be promoted to a senior accountant position, and perhaps from there into a supervisory slot, such as assistant controller or controller.