Grant accountant vs general ledger accountant

The differences between grant 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 grant accountant and a general ledger accountant. Additionally, a general ledger accountant has an average salary of $60,034, which is higher than the $59,472 average annual salary of a grant accountant.

The top three skills for a grant accountant include reconciliations, grants management and GAAP. The most important skills for a general ledger accountant are reconciliations, GAAP, and balance sheet accounts.

Grant accountant vs general ledger accountant overview

	Grant Accountant	General Ledger Accountant
Yearly salary	$59,472	$60,034
Hourly rate	$28.59	$28.86
Growth rate	6%	6%
Number of jobs	36,034	81,408
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 76%
Average age	44	44
Years of experience	4	4

What does a grant accountant do?

A grant accountant is responsible for overseeing financial and grant services in an organization. They are responsible for performing accounting and administrative tasks such as gathering and analyzing data, preparing and processing financial statements, conducting audits and assessments, identifying and resolving discrepancies, and handling taxes. They may also prepare forecasts and models, supervise budgets, and submit regular reports to managers. Moreover, a grant accountant must comply with the state, federal, and local financial laws and regulations, keeping abreast of the latest changes.

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.

Grant accountant vs general ledger accountant salary

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

	Grant Accountant	General Ledger Accountant
Average salary	$59,472	$60,034
Salary range	Between $46,000 And $76,000	Between $47,000 And $76,000
Highest paying City	San Francisco, CA	Washington, DC
Highest paying state	New York	California
Best paying company	Search for Common Ground	Citi
Best paying industry	Professional	Technology

Differences between grant accountant and general ledger accountant education

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

	Grant Accountant	General Ledger Accountant
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 76%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Grant accountant vs general ledger accountant demographics

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

	Grant Accountant	General Ledger Accountant
Average age	44	44
Gender ratio	Male, 37.8% Female, 62.2%	Male, 36.9% Female, 63.1%
Race ratio	Black or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.4% White, 62.9% 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%

Differences between grant accountant and general ledger accountant duties and responsibilities

Grant accountant example responsibilities.

Manage sub-awards to ensure compliance with federal and state regulations, and OMB circulars prior to payment process.
Manage all daily and biweekly payroll processes in accordance within establish deadlines.
Manage derivative accounting at global level and ensure accounting and economic hedging objectives are align.
Perform grant-related post-award functions, including budget and expense analysis, financial reporting and reconciliations.
Coordinate audit process with outside CPA firm, audit lead schedules, reports.
Supervise monthly payroll processing and tax calculations.

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.

Grant accountant vs general ledger accountant skills

Common grant accountant skills

Reconciliations, 9%
Grants Management, 5%
GAAP, 5%
Payroll, 5%
Financial Analysis, 4%
Expenditure Reports, 4%

Common general ledger accountant skills

Reconciliations, 15%
GAAP, 6%
Balance Sheet Accounts, 6%
Payroll, 5%
Accruals, 5%
External Auditors, 4%

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Grant Accountant vs General Ledger Accountant

Updated January 8, 2025

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