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Control accountant vs general ledger accountant

The differences between control 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 control accountant and a general ledger accountant. Additionally, a control accountant has an average salary of $66,563, which is higher than the $60,034 average annual salary of a general ledger accountant.

The top three skills for a control accountant include reconciliations, general ledger accounts and payroll taxes. The most important skills for a general ledger accountant are reconciliations, GAAP, and balance sheet accounts.

Control accountant vs general ledger accountant overview

Control AccountantGeneral Ledger Accountant
Yearly salary$66,563$60,034
Hourly rate$32.00$28.86
Growth rate6%6%
Number of jobs75,70281,408
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Average age4444
Years of experience44

What does a control accountant do?

A Control Accountant is in charge of managing a company's accounting records and spearheads the development of financial reports. Although the extent of their responsibilities depends on their place or industry of employment, it typically includes coordinating with different teams to gather and analyze data, conduct audits and risk analyses, monitor budgets and expenditures, review documents and other transactions and develop strategies to optimize operations. A Control Accountant leads and encourages staff to reach goals while implementing the company's policies and regulations.

What does a general ledger accountant do?

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.

Control accountant vs general ledger accountant salary

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

Control AccountantGeneral Ledger Accountant
Average salary$66,563$60,034
Salary rangeBetween $48,000 And $91,000Between $47,000 And $76,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkCalifornia
Best paying companyMarathon OilCiti
Best paying industryFinanceTechnology

Differences between control accountant and general ledger accountant education

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

Control AccountantGeneral Ledger Accountant
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Control accountant vs general ledger accountant demographics

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

Control AccountantGeneral Ledger Accountant
Average age4444
Gender ratioMale, 49.2% Female, 50.8%Male, 36.9% Female, 63.1%
Race ratioBlack or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% 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 control accountant and general ledger accountant duties and responsibilities

Control accountant example responsibilities.

  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Collect, analyze, interpret, and document information to support quarterly SOX reviews.
  • Ensure proper accounting in compliance with GAAP, regulatory reporting requirements and joint ownership contracts.
  • Identify variances between corporations, establish payable/receivable ledgers, and clear open variances in accordance with GAAP.
  • Control regional account analysis, provide explanations and backup to SOX reporting department.
  • Perform domestic and international roll forwards, quarterly schedules for goodwill, trademarks and acquisition activities utilizing Hyperion.
  • Show more

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.
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Control accountant vs general ledger accountant skills

Common control accountant skills
  • Reconciliations, 11%
  • General Ledger Accounts, 7%
  • Payroll Taxes, 6%
  • Account Reconciliations, 5%
  • Accruals, 5%
  • Internal Controls, 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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