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Junior Accountant
$53k-65k (estimate)
Full Time 1 Week Ago
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Potential Industries Inc. is Hiring a Junior Accountant Near Los Angeles, CA

Job DescriptionWe are looking for a Junior Accountant to join our team! You will be responsible for preparing and analyzing financial records for our company.
Responsibilities:
  • Maintains general ledger and all related accounts. Review entries to the general & subsidiary ledgers.
  • Responsible for monthly and year-end closing general ledger of assigned subsidiary including preparation of journal entries
  • Reviews inventory transactions. Verified purchase invoices with inventory transactions to ensure accuracy and compliance with generally accepted accounting principals.
  • Receives and processes vendor invoices. Verifies invoice for proper supporting documents and approvals. Enters invoice information into the AP system
  • Prints and mails checks once signed by authorized signatory. Reviews documentation for reimbursement of expenses for employees.
  • Receives and deposit collections from customers. Cash posts collections to customers' accounts. Prints monthly statements and mails to customers.
  • Receives and processes credit applications from customers in accordance with Company's policies & procedures.
  • Prepares quarterly payroll tax reports and other reports as directed by the Accounting Manager & responds to inquiries in necessary.
  • Prepares monthly bank reconciliations for all accounts, verify accuracy of bank statements.
  • Process payroll checks & distributes to supervisor. Set up employee deductions in the payroll system for employee loans, government levies, court orders, and other related deductions. Distributes employee copy of notices from government offices regarding the same as required. Maintains records of the same on employee files.
  • Helps employees with their questions on payroll checks and hours worked.
  • Verifies the invoices from medical insurance carriers and uniform companies to ensure that employees covered are existing employees or covered by COBRA, that appropriate deductions are taken from employees, and terminated employees without COBRA are deleted form coverage.
  • Performs other accounting duties as requested by the Accounting Manager.
Qualifications:
  • Major in Accounting (Foreign Country Credential is Acceptable)
  • Two years experience in a related field
  • Computer knowledge
  • Detail and deadline-oriented
  • Strong analytical and problem solving skills
Company DescriptionPotential Industries: A privately owned recycling company which helps to conserve natural resources and improve the environment by creating quality feed-stocks from glass. paper, cardboard, aluminum cans, and plastic bottles.
Potential Industries: A privately owned recycling company which helps to conserve natural resources and improve the environment by creating quality feed-stocks from glass. paper, cardboard, aluminum cans, and plastic bottles.

Job Summary

JOB TYPE

Full Time

SALARY

$53k-65k (estimate)

POST DATE

05/27/2024

EXPIRATION DATE

07/26/2024

WEBSITE

potentialindustries.com

HEADQUARTERS

RLLNG HLS EST, CA

SIZE

100 - 200

TYPE

Private

REVENUE

$10M - $50M

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The following is the career advancement route for Junior Accountant positions, which can be used as a reference in future career path planning. As a Junior Accountant, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Junior Accountant. You can explore the career advancement for a Junior Accountant below and select your interested title to get hiring information.

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If you are interested in becoming a Junior Accountant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Junior Accountant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Junior Accountant job description and responsibilities

A junior accountant maintains and compiles financial reports and statements according to the government rules, regulations and requirements.

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A junior accountant often checks and ensures that all the accounting procedures comply with state and government guidelines, policies and practices.

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Accountants are responsible for a wide variety of finance-related tasks that are primarily associated with preparing financial records.

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As entry-level professionals, junior accountants assist with preparing and analyzing financial records.

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Junior accountants actively work to resolve those discrepancies to ensure a smooth accounting process.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Junior Accountant jobs

Need to have a good communication skills.

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Highly-motivated, deadline-committed, goal-driven accountant is a plus.

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Handle multiple projects and work with several clients at a time and multitask to meet deadlines.

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Most companies use enterprise-level accounting software, which junior accountants must learn how to use.

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Study the right accounting qualifications.

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Step 3: View the best colleges and universities for Junior Accountant.

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