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Chartered accountant vs general ledger accountant

The differences between chartered 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 chartered accountant and a general ledger accountant. Additionally, a chartered accountant has an average salary of $65,776, which is higher than the $60,034 average annual salary of a general ledger accountant.

The top three skills for a chartered accountant include internal audit, financial statements and income tax returns. The most important skills for a general ledger accountant are reconciliations, GAAP, and balance sheet accounts.

Chartered accountant vs general ledger accountant overview

Chartered AccountantGeneral Ledger Accountant
Yearly salary$65,776$60,034
Hourly rate$31.62$28.86
Growth rate6%6%
Number of jobs33,00581,408
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 76%
Average age4444
Years of experience44

Chartered accountant vs general ledger accountant salary

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

Chartered AccountantGeneral Ledger Accountant
Average salary$65,776$60,034
Salary rangeBetween $42,000 And $102,000Between $47,000 And $76,000
Highest paying City-Washington, DC
Highest paying state-California
Best paying company-Citi
Best paying industry-Technology

Differences between chartered accountant and general ledger accountant education

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

Chartered AccountantGeneral Ledger Accountant
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 76%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Chartered accountant vs general ledger accountant demographics

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

Chartered AccountantGeneral Ledger Accountant
Average age4444
Gender ratioMale, 61.0% Female, 39.0%Male, 36.9% Female, 63.1%
Race ratioBlack or African American, 7.5% Unknown, 3.9% Hispanic or Latino, 9.8% Asian, 18.1% White, 60.2% 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 chartered accountant and general ledger accountant duties and responsibilities

Chartered accountant example responsibilities.

  • Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
  • Provision of professional and timely taxation advice and services to clients.
  • Monitor deposits and withdrawals of revenue and expenses, review payroll, and ensure accurate processing and timely bank reconciliations.
  • Monitor bond and covenant requirements, providing tax return and audit information to external contacts.

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

Chartered accountant vs general ledger accountant skills

Common chartered accountant skills
  • Internal Audit, 33%
  • Financial Statements, 14%
  • Income Tax Returns, 11%
  • Balance Sheet, 6%
  • Audit Reports, 5%
  • Tax Audits, 5%
Common general ledger accountant skills
  • Reconciliations, 15%
  • GAAP, 6%
  • Balance Sheet Accounts, 6%
  • Payroll, 5%
  • Accruals, 5%
  • External Auditors, 4%

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