Ignite Recruitment Hiring For Junior Accountant- CPA Firm at Brooklyn, NY Full Time

Role Overview:

A Junior Accountant is an entry-level position within an accounting or finance department. This role typically involves assisting in various financial tasks, supporting senior accountants, and gaining practical experience in accounting principles and processes. Junior accountants often work in a wide range of industries, including tax firms, corporate finance, public accounting firms, and more.

Job Responsibilities:

Financial Data Entry and Maintenance:

Input and maintain financial data in accounting software and spreadsheets.

Ensure the accuracy and completeness of financial records.

Accounts Payable and Receivable:

Process invoices, bills, and payments.

Monitor accounts receivable, follow up on outstanding invoices, and prepare payment reminders.

Bank Reconciliation:

Reconcile bank and credit card statements with internal financial records to identify discrepancies or errors.

Expense Tracking:

Record and categorize expenses, ensuring that they align with the organization’s budget and financial guidelines.

Financial Reporting:

Assist in preparing financial reports, including income statements, balance sheets, and cash flow statements.

Generate financial summaries and reports for management or clients.

Tax Documentation and Compliance:

Assist with the preparation of tax returns and supporting documentation for the organization or clients.

Keep up-to-date with tax laws and regulations to ensure compliance.

Data Analysis:

Analyze financial data to identify trends, variances, and anomalies, and provide insights to improve financial performance.

Audit Support:

Assist in audit preparation by organizing and providing requested financial documents and information to auditors.

Documentation and Filing:

Maintain organized financial records and documents for reference and audit purposes.

Ensure proper record-keeping and filing systems.

Assist with Budgeting:

Qualifications

• Educational Background: A Bachelor’s degree in accounting, finance, or a related field is a fundamental requirement. An academic foundation in accounting principles and tax-related coursework is essential for comprehending tax laws and regulations.
• Knowledge of Taxation: A strong understanding of tax laws and regulations is crucial, encompassing local, state, and federal tax codes. Candidates with coursework or practical experience in taxation are highly preferred, and familiarity with tax preparation software is valuable.
• Certifications or Licensing: While not always mandatory, relevant certifications or licenses significantly enhance a candidate’s qualifications. The two most common certifications for tax professionals are:
• Certified Public Accountant (CPA): Demonstrates a high level of expertise in accounting and tax matters.
• Enrolled Agent (EA): A federally-authorized tax advisor with the ability to represent clients before the IRS, focusing on tax matters.

In addition to these core qualifications, other valuable attributes for a junior accountant in a tax firm include attention to detail, strong analytical skills, proficiency with financial software, effective communication skills, and a commitment to staying current with evolving tax laws and regulations. Experience in tax research and analysis, as well as an understanding of financial statements, can also be advantageous.

Education

CPA & Bachelors or Master in Finance Or Accounting

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