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General ledger bookkeeper vs junior accountant

The differences between general ledger bookkeepers and junior accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a general ledger bookkeeper, becoming a junior accountant takes usually requires 2-4 years. Additionally, a junior accountant has an average salary of $50,444, which is higher than the $44,940 average annual salary of a general ledger bookkeeper.

The top three skills for a general ledger bookkeeper include reconciliations, general ledger accounts and CPA. The most important skills for a junior accountant are reconciliations, general ledger accounts, and account reconciliations.

General ledger bookkeeper vs junior accountant overview

General Ledger BookkeeperJunior Accountant
Yearly salary$44,940$50,444
Hourly rate$21.61$24.25
Growth rate-5%6%
Number of jobs56,76557,892
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 70%
Average age5144
Years of experience64

What does a general ledger bookkeeper do?

A general ledger bookkeeper conducts daily recording and maintenance of all of a business' financial transactions. These transactions include purchases, expenses, invoices, sales revenue, and payments, all of which are summarized in the general ledger. They are expected to prepare journal entries and ensure data is accurate. Furthermore, at the end of a specific period, they are expected to transfer the entries to the ledger. They ensure that the transactions reported meet accounting standards.

What does a junior accountant do?

Junior accountants maintain the financial records of companies through the analysis of their general ledger accounts and balance sheets. The accountant's post journal entries, maintain accounts receivable and payable, and update financial statements. They pay payroll every month, reconcile ledgers, and submit payroll taxes. The skills necessary for this job include analytical skills, problem-solving, information confidentiality, and proficiency in accounting software and technology. They are also expected to be detail-oriented.

General ledger bookkeeper vs junior accountant salary

General ledger bookkeepers and junior accountants have different pay scales, as shown below.

General Ledger BookkeeperJunior Accountant
Average salary$44,940$50,444
Salary rangeBetween $34,000 And $59,000Between $38,000 And $66,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Fuhu
Best paying industry-Construction

Differences between general ledger bookkeeper and junior accountant education

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

General Ledger BookkeeperJunior Accountant
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 70%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

General ledger bookkeeper vs junior accountant demographics

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

General Ledger BookkeeperJunior Accountant
Average age5144
Gender ratioMale, 28.3% Female, 71.7%Male, 39.6% Female, 60.4%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.1% American Indian and Alaska Native, 0.6%Black or African American, 7.9% Unknown, 3.9% Hispanic or Latino, 10.2% Asian, 16.6% White, 60.9% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between general ledger bookkeeper and junior accountant duties and responsibilities

General ledger bookkeeper example responsibilities.

  • Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
  • Report to owner and outside CPA.
  • Prepare cross reference work papers to substantiate journal entries according to GAAP.
  • Organize and maintain bills, receipts, and vehicle logs to send to CPA.
  • Ensure accuracy of financial statements in accordance with GAAP and compliance to internal policies.
  • Prepare investment funds roll forward schedule for annual audit, and reconcile investment relate general ledgers for annual audit.
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Junior accountant example responsibilities.

  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Perform and assist with month-end close procedures, including preparation of monthly balance sheet and income statement account reconciliations.
  • Identify hundreds of daily transactions from banking statements using QuickBooks and present monthly financial reports
  • Perform bank and credit card reconciliations and assist with month-end accruals in addition to inter-company reconciliations.
  • Prepare financial schedules, account reconciliations, and detail financial statements and reports for analysis, financial reporting, and decision-making.
  • Deposit checks into lockbox and post to funds to proper accounts daily.
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General ledger bookkeeper vs junior accountant skills

Common general ledger bookkeeper skills
  • Reconciliations, 16%
  • General Ledger Accounts, 12%
  • CPA, 6%
  • Bank Statements, 4%
  • Payroll Taxes, 4%
  • Credit Card, 4%
Common junior accountant skills
  • Reconciliations, 18%
  • General Ledger Accounts, 8%
  • Account Reconciliations, 5%
  • Data Entry, 5%
  • QuickBooks, 4%
  • Payroll Taxes, 4%

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