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.