Industrial accountant vs general ledger accountant

The differences between industrial 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 an industrial accountant and a general ledger accountant. Additionally, a general ledger accountant has an average salary of $60,034, which is higher than the $43,267 average annual salary of an industrial accountant.

The top three skills for an industrial accountant include financial statements, reconciliations and payroll. The most important skills for a general ledger accountant are reconciliations, GAAP, and balance sheet accounts.

Industrial accountant vs general ledger accountant overview

	Industrial Accountant	General Ledger Accountant
Yearly salary	$43,267	$60,034
Hourly rate	$20.80	$28.86
Growth rate	6%	6%
Number of jobs	42,226	81,408
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 76%
Average age	44	44
Years of experience	4	4

Industrial accountant vs general ledger accountant salary

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

	Industrial Accountant	General Ledger Accountant
Average salary	$43,267	$60,034
Salary range	Between $25,000 And $72,000	Between $47,000 And $76,000
Highest paying City	-	Washington, DC
Highest paying state	-	California
Best paying company	-	Citi
Best paying industry	-	Technology

Differences between industrial accountant and general ledger accountant education

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

	Industrial Accountant	General Ledger Accountant
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 76%
Most common major	Business	Accounting
Most common college	Howard University	University of Pennsylvania

Industrial accountant vs general ledger accountant demographics

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

	Industrial Accountant	General Ledger Accountant
Average age	44	44
Gender ratio	Male, 47.8% Female, 52.2%	Male, 36.9% Female, 63.1%
Race ratio	Black or African American, 5.7% Unknown, 3.8% Hispanic or Latino, 7.9% Asian, 13.1% White, 69.1% American Indian and Alaska Native, 0.4%	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 industrial accountant and general ledger accountant duties and responsibilities

Industrial accountant example responsibilities.

Manage accounting operations, accounting close, account reporting and reconciliations.
Automate accounting processes via excel - bank statement reconciliations, recurring journal entries etc.
Collaborate with payroll conversion process from ADP to PeopleSoft; performing parallel testing and confirming accuracy of payroll information in PeopleSoft.
Respond to questions from business units regarding general accounting and/or PeopleSoft system matters and investigate and resolve GL accounting inconsistencies.

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.

Industrial accountant vs general ledger accountant skills

Common industrial accountant skills

Financial Statements, 49%
Reconciliations, 44%
Payroll, 7%

Common general ledger accountant skills

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

Industrial Accountant vs. similar jobs

Industrial Accountant related careers

Industrial Accountant related jobs

What similar roles do

Zippia Careers
Business and Financial Industry
Industrial Accountant
Industrial Accountant vs General Ledger Accountant

Updated January 8, 2025

Browse business and financial jobs