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The differences between general 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 general accountant and a general ledger accountant. Additionally, a general ledger accountant has an average salary of $60,034, 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 general ledger accountant are reconciliations, GAAP, and balance sheet accounts.
| General Accountant | General Ledger Accountant | |
| Yearly salary | $55,043 | $60,034 |
| Hourly rate | $26.46 | $28.86 |
| Growth rate | 6% | 6% |
| Number of jobs | 87,663 | 81,408 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 76% |
| 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 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.
General accountants and general ledger accountants have different pay scales, as shown below.
| General Accountant | General Ledger Accountant | |
| Average salary | $55,043 | $60,034 |
| Salary range | Between $40,000 And $73,000 | Between $47,000 And $76,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New Jersey | California |
| Best paying company | Apple | Citi |
| Best paying industry | Automotive | Technology |
There are a few differences between a general accountant and a general ledger accountant in terms of educational background:
| General Accountant | General Ledger Accountant | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 76% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between general accountants' and general ledger accountants' demographics:
| General Accountant | General Ledger Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 43.1% Female, 56.9% | Male, 36.9% Female, 63.1% |
| 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, 8.4% 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% |