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The differences between general ledger accountants and account leaders 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 ledger accountant and an account leader. Additionally, an account leader has an average salary of $108,843, which is higher than the $60,034 average annual salary of a general ledger accountant.
The top three skills for a general ledger accountant include reconciliations, GAAP and balance sheet accounts. The most important skills for an account leader are account management, customer service, and business development.
| General Ledger Accountant | Account Leader | |
| Yearly salary | $60,034 | $108,843 |
| Hourly rate | $28.86 | $52.33 |
| Growth rate | 6% | 6% |
| Number of jobs | 81,408 | 135,207 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 71% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
Account leaders are assigned to work on specific client accounts and assist these clients with their needs. They should treat their clients as partners. This would help them forge a better working relationship with clients. Account leaders should have high business acumen and a strong grasp of the current industry landscape. They should be familiar with the company's products and services and which product or service best fits the clients' needs. Account leaders should also know how to retain clients and maintain the client base. They may do this by regularly checking up on clients, making clients feel valued, and mitigating any challenges that may arise.
General ledger accountants and account leaders have different pay scales, as shown below.
| General Ledger Accountant | Account Leader | |
| Average salary | $60,034 | $108,843 |
| Salary range | Between $47,000 And $76,000 | Between $75,000 And $157,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | California | New Jersey |
| Best paying company | Citi | Point B |
| Best paying industry | Technology | Professional |
There are a few differences between a general ledger accountant and an account leader in terms of educational background:
| General Ledger Accountant | Account Leader | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 71% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between general ledger accountants' and account leaders' demographics:
| General Ledger Accountant | Account Leader | |
| Average age | 44 | 44 |
| Gender ratio | Male, 36.9% Female, 63.1% | Male, 48.4% Female, 51.6% |
| Race ratio | 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% | Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |