United Kingdom
Junior Accountant Salary in London
£22K
20% Low Band Avg
GBP £25K
Average
£29K
80% High Band Avg
- Bonus: 1,742
Salaries based on experience level
The Average Entry Level salary of Junior Accountant in London is GBP £23K/yr, this salary increases 30% to £30K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 30% from £30K/yr to £39K/yr.
Salary Compared to United Kingdom National Average Salary
- Junior Accountant in London Salary
- vs
- Junior Accountant in United Kingdom Salary
The Average Salary of Junior Accountant in London is £25K/yr. This is +23% higher (£4,924) compared to United Kingdom national average salary of £20K/yr.
Salary Compared to London City Average Salary
- Junior Accountant in London Salary
- vs
- London City Average Salary
The Average Salary of Junior Accountant in London is -33% lower (-12,867) than the average salary for the city of London £38K/yr.
Junior Accountant job description
Job Title: Junior Accountant
Overview/Summary of the Role:
As a Junior Accountant, you will be responsible for managing financial transactions, analyzing financial statements, and preparing financial reports. You will work closely with senior accountants and management to ensure the financial health of the organization. You must be aware of the various accounting principles and standards and interact with other departments to ensure accurate financial information.
Responsibilities and Duties:
- Record and maintain accurate financial records for the organization on a daily basis
- Prepare and reconcile monthly bank statements, financial reports, and balance sheet accounts
Junior Accountant interview questions
Interviewer: Good afternoon, thank you for coming in today. Can you please introduce yourself and your experience in accounting?
Candidate: Sure, my name is Jane Smith and I have a Bachelor's degree in Accounting. I have worked as an intern at a public accounting firm for a year and have experience in bookkeeping and financial analysis.
Interviewer: That's great, could you tell me about a time you had to work through a difficult accounting problem?
Candidate: Yes, during my internship, I had to reconcile a large volume of transactions that were incomplete and incorrect. I had to go back through the records and figure out where the discrepancies were coming from. I ended up identifying several errors and was able to correct them to ensure the accuracy of the financial statements.
Interviewer: In your opinion, what are the key qualities a successful junior accountant should possess?
Candidate: Attention to detail, strong analytical skills, good time management, and communication skills.
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