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Budget accountant vs general ledger accountant

The differences between budget 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 a budget accountant and a general ledger accountant. Additionally, a general ledger accountant has an average salary of $60,034, which is higher than the $59,192 average annual salary of a budget accountant.

The top three skills for a budget accountant include financial data, fixed assets and journal entries. The most important skills for a general ledger accountant are reconciliations, GAAP, and balance sheet accounts.

Budget accountant vs general ledger accountant overview

Budget AccountantGeneral Ledger Accountant
Yearly salary$59,192$60,034
Hourly rate$28.46$28.86
Growth rate6%6%
Number of jobs33,77781,408
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 76%
Average age4444
Years of experience44

Budget accountant vs general ledger accountant salary

Budget accountants and general ledger accountants have different pay scales, as shown below.

Budget AccountantGeneral Ledger Accountant
Average salary$59,192$60,034
Salary rangeBetween $43,000 And $80,000Between $47,000 And $76,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkCalifornia
Best paying companyGenentechCiti
Best paying industryFinanceTechnology

Differences between budget accountant and general ledger accountant education

There are a few differences between a budget accountant and a general ledger accountant in terms of educational background:

Budget AccountantGeneral Ledger Accountant
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 76%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Budget accountant vs general ledger accountant demographics

Here are the differences between budget accountants' and general ledger accountants' demographics:

Budget AccountantGeneral Ledger Accountant
Average age4444
Gender ratioMale, 49.6% Female, 50.4%Male, 36.9% Female, 63.1%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.7% White, 62.7% 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 Percentage7%7%

Differences between budget accountant and general ledger accountant duties and responsibilities

Budget accountant example responsibilities.

  • Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
  • Prepare budgets, reconciliations and outcome reports for grants.
  • Facilitate data transfer and reconciliation between systems (TSI/T-II and PeopleSoft).
  • Review staffing compensations, medical benefits, professional insurances, headcount, and FTE metrics.
  • Collaborate extensively with CPA's office during preliminary and year-end audit/review process to ensure completeness of financial statements and tax returns.
  • Develop ROI analysis model for propose capital investments and authore requirements policy and process flow, which streamline decision-making process.

General ledger accountant example responsibilities.

  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Perform account analysis, cost accruals, bank reconciliations, inventory reconciliation and analysis; research and recommend transaction corrections.
  • Maintain ERP general ledger and data in sub module, and perform the expenditure review according to budgeting.
  • Prepare monthly, reconciliations of subsidiary ledgers to general ledger control accounts.
  • Reconcile general ledger accounts which including preparing journal entries and accruals in preparation of consolidate financial reports.
  • Prepare various monthly journal entries to record prepay insurance amortization, payroll deduction liabilities and other liability accruals.
  • Show more

Budget accountant vs general ledger accountant skills

Common budget accountant skills
  • Financial Data, 14%
  • Fixed Assets, 14%
  • Journal Entries, 14%
  • Reconciliations, 13%
  • Budget Preparation, 6%
  • Balance Sheet, 6%
Common general ledger accountant skills
  • Reconciliations, 15%
  • GAAP, 6%
  • Balance Sheet Accounts, 6%
  • Payroll, 5%
  • Accruals, 5%
  • External Auditors, 4%

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