The FSCP or month-end close is important because:
Provides the accounting team an opportunity to review their work for errors
Locks in financial figures for the month in question
Provides management with monthly results
As a junior accountant, you will be heavily involved, typically by preparing:
Cash reconciliations (bank and petty cash)
Subledger reconciliations
Depreciation / amortization calculations
Prepaid expense calculations
You are responsible for the following:
Ensuring all your tasks are completed prior to the deadline
Ensuring all reconciling items / issues are identified
Ensuring all reconciling items / issues are investigated
Alerting your superior when you there are issues you cannot resolve or when you need guidance