Multiple times you must have heard the term Junior Accountant. Accounting is a billion-dollar industry. In the year 2020, it was around 503 million dollars globally. But what exactly does Junior Accountant mean? What is the role of a junior accountant? We will uncover the definition, role, salary, and ways to become a junior accountant. Whether you want to pursue a career as a junior accountant or want information about the field, we will give you a complete guide through the accounting field. Keep reading.
A Junior Accountant is a person who helps professionals with things related to bookkeeping, accounts payable, financial reporting, budgeting, basic tax-related work, and all the stuff related to finance. When you are a junior accountant you are responsible for assisting senior accountants in doing the work.
Let me ask you a question. Tell me a field that doesn’t include finance! Close your eyes and try to remember. I’m sure you won’t find any field that doesn’t include finance. So if there is finance in every field, every field requires accountants who will manage their finances. Therefore, you will see the need for accountants in every part of the world.
If you want to become a junior accountant you must complete your bachelor’s degree from a recognized university. Once you complete your 12th standard go for the bachelor’s degree in commerce, accounting, or a related field. This bachelor’s degree typically lasts for 3-4 years. If you go for the post-graduation it will be cherry on top! While pursuing the degree try to get command over the soft skills, required to become a junior accountant.
In every field there is competition. For everything there is a single rule, ”survival of the fittest”. Be the best to stay ahead of the competition. Try to be better than other people, and learn from the others who are already better. While pursuing your education instead of just focusing on theoretical knowledge of accounting, try to gain practical knowledge.
Pro Tip: You can try to do Internships when you are in 2nd or last year of your degree.
Internships can boost your practical knowledge and give you industry experience. Doing multiple internships related to accounting builds the best portfolio for you and makes up your resume. So, whenever you go for a job search after your degree, your journey will be smoother with the experience of internships.
The salary of an accountant varies based on your skills. In India, the initial level salary of a junior accountant ranges between 1 lakh to 3 lakhs per annum. The average initial salary of a junior accountant is 2.5 lakhs per annum.
Once you get the relevant experience, your salary range will be increased. So instead of focusing on salary focus more on skills. Skills will ultimately help you to get your desired salary automatically.
To get a job as an accountant, be equipped with all the essential skills. Once you get your degree add internship certificates and education certifications to your resume. Apply for a job and give the interview confidently. You can search for jobs on platforms like Naukri, Job hai, Indeed, and Taxworkers.
I would recommend you, to search accounting jobs on Taxworkers as it is more specified for accounting jobs only.
Above we discussed various aspects related to junior accountants. From career paths for accountants and accounting jobs to job search platforms for junior accountants, we covered everything. Go through the whole article to discover the information about junior accountant’s roles, salaries, and career paths in one place!
Are you aiming to be an accountant? Share your journey, aims, and opinions with us. Comment your thoughts and if you are already an accountant, guide future potential accountants in the comment section. The comment section is free to discuss, let the knowledge flow through it!