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Accounting assistant vs junior accountant

The differences between accounting assistants and junior accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounting assistant, becoming a junior accountant takes usually requires 2-4 years. Additionally, a junior accountant has an average salary of $50,444, which is higher than the $39,569 average annual salary of an accounting assistant.

The top three skills for an accounting assistant include data entry, customer service and reconciliations. The most important skills for a junior accountant are reconciliations, general ledger accounts, and account reconciliations.

Accounting assistant vs junior accountant overview

Accounting AssistantJunior Accountant
Yearly salary$39,569$50,444
Hourly rate$19.02$24.25
Growth rate-5%6%
Number of jobs63,94557,892
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 70%
Average age5144
Years of experience64

What does an accounting assistant do?

An accounting assistant is responsible for supporting the daily operations of the business' accounting department, from reviewing financial transactions to the submission of financial reports. Accounting assistants' duties include performing data entry and clerical tasks, maintaining a safe record of account statements, updating and analyzing transactions, verifying the accuracy of financial records, and managing customers and vendors' inquiries as immediate as possible. An accounting assistant must have a broad knowledge of the accounting principles and processes, as well as excellent communication and time-management skills, especially on meeting strict deadlines and doing complex tasks as needed.

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.

Accounting assistant vs junior accountant salary

Accounting assistants and junior accountants have different pay scales, as shown below.

Accounting AssistantJunior Accountant
Average salary$39,569$50,444
Salary rangeBetween $30,000 And $50,000Between $38,000 And $66,000
Highest paying CityWashington, DCNew York, NY
Highest paying stateNew YorkNew York
Best paying companyLos Alamos National LaboratoryFuhu
Best paying industryFinanceConstruction

Differences between accounting assistant and junior accountant education

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

Accounting AssistantJunior Accountant
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 70%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting assistant vs junior accountant demographics

Here are the differences between accounting assistants' and junior accountants' demographics:

Accounting AssistantJunior Accountant
Average age5144
Gender ratioMale, 20.1% Female, 79.9%Male, 39.6% Female, 60.4%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.5% American Indian and Alaska Native, 0.6%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 accounting assistant and junior accountant duties and responsibilities

Accounting assistant example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Participate in weekly, monthly, quarterly, and yearly audits to ensure SOX compliance and propose opportunities for improvement.
  • Meet with account teams to discuss job structure, new projects, client requests, billing procedures, and SOX requirements.
  • Reconcile departmental report cash against banking ACH transactions.
  • Process mortgage portfolio monthly payments and interest accruals.
  • Utilize online system for calculating payroll and family tuition payments.
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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.
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Accounting assistant vs junior accountant skills

Common accounting assistant skills
  • Data Entry, 13%
  • Customer Service, 11%
  • Reconciliations, 8%
  • Purchase Orders, 7%
  • Credit Card Payments, 6%
  • General Ledger Accounts, 5%
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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