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The Importance of Work Done By an Entry Level Accountant

It is indeed necessary to have an accountant as one of your primary contacts in your list as that can prove to be a great asset in almost all the areas of life that you can think about. In case you are a business man and are looking for some financial help, or want to prepare your taxes in a much more informed and planned manner, or are looking for some kind of tax returns then it is an accountant who is going to be your guiding light. Even if you are planning a new business, the accountant can really be of great help in all such endeavors.

But there is a whole hierarchy that forms the structure of the entire accounting field. The entry level accountants form the first rung of the ladder that goes all the way to the top. The main job profile of an entry level accountant varies depending upon the requirements of the different companies functioning in different domains and industries.

Some of the Basic Responsibilities that an Entry Level Accountant has to take care of are:

  1. A thorough matching of the checks with the invoices and obtaining the required signatures
  1. To scan all the invoices that are accounts payable
  1. Keeping a thorough check on the invoices that are due
  1. Providing support to the finance as well as the budget departments in the responsibilities that are assigned to them
  1. Processing employee expense reports
  1. To be the subject matter expert in the document management software
  1. A review of  company contracts for accuracy
  1. To run reports to make sure that the documentation is complete as well as  accurate
  1. To perform a quality assurance on contract trading terms
An entry level accountant is a vital cog in the entire finance machinery. It is he who does the actual spade works although under the guidance of a senior. Since an entry level accountant is answerable to his accounting seniors, and is also in touch with people at his own or similar designation thus he can be the vital source of information for the organization regarding the exact ground reality of the finances of the company and where there is a scope of improvement.