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Accountant internship vs junior accountant

The differences between accountant interns and junior accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an accountant internship and a junior accountant. Additionally, a junior accountant has an average salary of $50,444, which is higher than the $33,484 average annual salary of an accountant internship.

The top three skills for an accountant internship include R, account management and powerpoint. The most important skills for a junior accountant are reconciliations, general ledger accounts, and account reconciliations.

Accountant internship vs junior accountant overview

Accountant InternshipJunior Accountant
Yearly salary$33,484$50,444
Hourly rate$16.10$24.25
Growth rate6%6%
Number of jobs82,92457,892
Job satisfaction--
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 70%
Average age4444
Years of experience44

What does an accountant internship do?

An accounting intern is responsible for assisting an organization's accounting department, observing practical applications and processes, and performing accounting duties under the supervision of tenured accounting staff. Accounting interns support the accounting operations by preparing and organizing financial reports, helping with accounts reconciliation, researching financial and stock market trends, utilizing various accounting software, and managing feedback from their mentors. An accounting intern must be detail-oriented and a fast-learner, immediately adjusting to the company's culture and actively cooperating with the team to ensure a smooth flow of operations.

What does a junior accountant do?

Junior accountants maintain the financial records of companies through the analysis of their general ledger accounts and balance sheets. The accountant's post journal entries, maintain accounts receivable and payable, and update financial statements. They pay payroll every month, reconcile ledgers, and submit payroll taxes. The skills necessary for this job include analytical skills, problem-solving, information confidentiality, and proficiency in accounting software and technology. They are also expected to be detail-oriented.

Accountant internship vs junior accountant salary

Accountant interns and junior accountants have different pay scales, as shown below.

Accountant InternshipJunior Accountant
Average salary$33,484$50,444
Salary rangeBetween $24,000 And $45,000Between $38,000 And $66,000
Highest paying CityBellevue, WANew York, NY
Highest paying stateWashingtonNew York
Best paying companyNovogradacFuhu
Best paying industryMediaConstruction

Differences between accountant internship and junior accountant education

There are a few differences between an accountant internship and a junior accountant in terms of educational background:

Accountant InternshipJunior Accountant
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 70%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accountant internship vs junior accountant demographics

Here are the differences between accountant interns' and junior accountants' demographics:

Accountant InternshipJunior Accountant
Average age4444
Gender ratioMale, 46.4% Female, 53.6%Male, 39.6% Female, 60.4%
Race ratioBlack or African American, 7.6% Unknown, 3.9% Hispanic or Latino, 9.9% Asian, 18.4% White, 59.8% American Indian and Alaska Native, 0.5%Black or African American, 7.9% Unknown, 3.9% Hispanic or Latino, 10.2% Asian, 16.6% White, 60.9% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between accountant internship and junior accountant duties and responsibilities

Accountant internship example responsibilities.

  • Develop and manage CRM system to identify cross sell and up sell opportunities.
  • Create RFP responses for IDHN's to achieve a more compliant, long term agreement.
  • Work with manage care, medical reimbursement and Medicaid issues/challenges.
  • Perform market research, creating a client PowerPoint presentation with competitive intelligence.
  • Leverage senior role to train and mentor associates with day-to-day performance.
  • Support sales team to deliver presentations, premise visits and RFP preparations.
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Junior accountant example responsibilities.

  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Perform and assist with month-end close procedures, including preparation of monthly balance sheet and income statement account reconciliations.
  • Identify hundreds of daily transactions from banking statements using QuickBooks and present monthly financial reports
  • Perform bank and credit card reconciliations and assist with month-end accruals in addition to inter-company reconciliations.
  • Prepare financial schedules, account reconciliations, and detail financial statements and reports for analysis, financial reporting, and decision-making.
  • Deposit checks into lockbox and post to funds to proper accounts daily.
  • Show more

Accountant internship vs junior accountant skills

Common accountant internship skills
  • R, 9%
  • Account Management, 8%
  • PowerPoint, 8%
  • Renewable Energy, 8%
  • Journal Entries, 5%
  • Payroll, 4%
Common junior accountant skills
  • Reconciliations, 18%
  • General Ledger Accounts, 8%
  • Account Reconciliations, 5%
  • Data Entry, 5%
  • QuickBooks, 4%
  • Payroll Taxes, 4%

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