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The differences between general accountants and control 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 general accountant and a control accountant. Additionally, a control accountant has an average salary of $66,563, which is higher than the $55,043 average annual salary of a general accountant.
The top three skills for a general accountant include financial data, reconciliations and cash handling. The most important skills for a control accountant are reconciliations, general ledger accounts, and payroll taxes.
| General Accountant | Control Accountant | |
| Yearly salary | $55,043 | $66,563 |
| Hourly rate | $26.46 | $32.00 |
| Growth rate | 6% | 6% |
| Number of jobs | 87,663 | 75,702 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 73% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A general accountant is responsible for evaluating account statements, conducting data analysis with financial transactions, and generating reports on revenues, expenses, and sales forecasting. These accountants manage discrepancies on the company and clients' profiles, including bank reconciliations and processing of account receivables and payables. They also handle the release of invoices and petty cash, analyzing balance sheets, and updating accurate financial information on the database. A general accountant must have excellent analytical skills, as well as extensive knowledge of the accounting principles and disciplines.
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.
General accountants and control accountants have different pay scales, as shown below.
| General Accountant | Control Accountant | |
| Average salary | $55,043 | $66,563 |
| Salary range | Between $40,000 And $73,000 | Between $48,000 And $91,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Apple | Marathon Oil |
| Best paying industry | Automotive | Finance |
There are a few differences between a general accountant and a control accountant in terms of educational background:
| General Accountant | Control Accountant | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 73% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between general accountants' and control accountants' demographics:
| General Accountant | Control Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 43.1% Female, 56.9% | Male, 49.2% Female, 50.8% |
| Race ratio | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 13.7% White, 62.1% American Indian and Alaska Native, 0.5% | Black 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% |
| LGBT Percentage | 7% | 7% |