Junior Accountant

Description

Job description

Junior Accountant
Location: Arlington, VA
Salary Range: $75,000 - $90,000

Education Requirements:

• Bachelor’s degree in Accounting or a related field.

Experience Requirements:

• 2-5 years of relevant experience with demonstrated knowledge of accounting theories, account reconciliation, and financial analysis.

Software Skills:

• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and familiarity with Momentum-based systems, particularly the Unified Financial Management System (UFMS).

Job Overview:
The Junior Accountant will support the finance team by assisting in various accounting functions to ensure accurate financial reporting and compliance with regulations. This entry-level position is designed for candidates with a foundational understanding of accounting principles and a desire to grow within a financial operations environment.

Key Responsibilities:

• Financial Reporting:

Assist in the preparation of financial statements and reports, ensuring accuracy and compliance with accounting standards and regulations. Support the development of reports to track accounts payable metrics within UFMS.

• Account Reconciliation:

Participate in the reconciliation of accounts, ensuring the accuracy of financial data and identifying discrepancies for resolution. Support the reconciliation of Fleet and Wex card transactions, helping to maintain accurate records.

• Financial Analysis:

Conduct basic financial analyses to identify trends and variances. Assist in analyzing costs associated with operations and support recommendations for efficiency improvements.

• Payment Processing Support:

Assist in processing invoices and other financial documents in accordance with UFMS procedures. Ensure timely and accurate data entry in the Treasury Secure Payment System, with a focus on minimizing errors.

• Audit Support:

Help prepare documentation for internal and external audits, providing necessary financial data and explanations of accounting transactions. Support compliance with internal controls and auditing standards.

• Team Collaboration:

Work closely with team members and other departments to provide financial insights and assist in resolving inquiries related to financial processes.

• Training and Development:

Participate in training sessions and develop knowledge of accounting practices and financial systems. Assist in creating training materials for team members as needed.

• Administrative Support:

Provide general administrative support to the finance department, including filing, document management, and assisting with financial training initiatives.

Additional Responsibilities:

• Support the generation of monthly billing reports and maintain records for Intragovernmental Payments and Collections (IPAC).
• Assist in preparing Treasury reports and other financial statements, such as the SF-224 Statement of Transactions.
• Help monitor unliquidated obligations and assist in providing periodic financial status reports to management.
• Assist with month-end closing processes, including the preparation of accruals and account reconciliations.
• Participate in the documentation of processes and procedures to enhance operational efficiency.

We are seeking a detail-oriented and motivated Junior Accountant who is eager to learn and contribute to the overall effectiveness of our financial operations. This position provides an excellent opportunity for growth and development within our organization.