Junior Accountant Job Overview
People who hold junior account jobs play a vital support role within any company. They perform basic accounting tasks that enable senior accountants and others on the financial team to focus their energies on caring for more complex issues. A junior accountant may:
- Review revenue and expenses.
- Make recommendations to improve a company's financial standing.
- Prepare reports that comment on a company's financial outlook.
- Examine profit and loss statements as well as balance sheets.
Junior accountants generally have little contact with management, although executives may look at the work that junior accountants prepare.
Junior Accountant Job Education Requirements
Junior accountants usually hold at least a bachelor's degree. While the degree is commonly in accounting, it may also be in a related field, such as mathematics, finance, or business. Professionals in this position may have completed an accounting internship. Usually, junior accountants have not yet passed the CPA exam.
Junior accountant jobs require that candidates have a keen eye for numbers and the ability to concentrate on tasks for long periods of time, even if those tasks are tedious.
Junior Accountant Job Market
The job market for junior accountants is decent and should see a small amount of growth in upcoming years. However, it is good to keep in mind that the need for accountants depends heavily on the overall state of the economy.
Junior Accountant Job Salary Information
Accountants in Canada make between C$17 and C$51 per hour. This wide range reflects different levels of education and experience. Accountants in some areas tend to make more than those in others. For example, the highest average pay for accountants in Alberta is C$60 an hour, but the high pay for accountants on Prince Edward Island is closer to C$40 per hour. The highest paying area for accountants is the Northwest Territories, where the high pay is over C$70 per hour.