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The differences between accountants and general ledger 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 and a general ledger accountant. Additionally, a general ledger accountant has an average salary of $60,034, which is higher than the $54,890 average annual salary of an accountant.
The top three skills for an accountant include reconciliations, general ledger accounts and account reconciliations. The most important skills for a general ledger accountant are reconciliations, GAAP, and balance sheet accounts.
| Accountant | General Ledger Accountant | |
| Yearly salary | $54,890 | $60,034 |
| Hourly rate | $26.39 | $28.86 |
| Growth rate | 6% | 6% |
| Number of jobs | 60,073 | 81,408 |
| Job satisfaction | 3 | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 76% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.
A general ledger accountant is in charge of ensuring the accuracy of a company's overall accounting processes and information. It is their responsibility to communicate with different departments and officials to gather necessary data, conduct extensive audits, prepare documentation and reports, maintain financial data on the company ledger, and interpret financial information. Furthermore, like a general ledger accountant, it is essential to monitor the progress of accounting processes, all while implementing the company's policies and regulations.
Accountants and general ledger accountants have different pay scales, as shown below.
| Accountant | General Ledger Accountant | |
| Average salary | $54,890 | $60,034 |
| Salary range | Between $41,000 And $72,000 | Between $47,000 And $76,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New York | California |
| Best paying company | Meta | Citi |
| Best paying industry | Technology | Technology |
There are a few differences between an accountant and a general ledger accountant in terms of educational background:
| Accountant | General Ledger Accountant | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 76% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accountants' and general ledger accountants' demographics:
| Accountant | General Ledger Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 36.9% Female, 63.1% |
| Race ratio | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5% | Black or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 15.0% White, 61.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |