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Junior accountant vs general ledger accountant

The differences between junior 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 junior accountant and a general ledger accountant. Additionally, a general ledger accountant has an average salary of $60,034, which is higher than the $50,444 average annual salary of a junior accountant.

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

Junior accountant vs general ledger accountant overview

Junior AccountantGeneral Ledger Accountant
Yearly salary$50,444$60,034
Hourly rate$24.25$28.86
Growth rate6%6%
Number of jobs57,89281,408
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 76%
Average age4444
Years of experience44

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.

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.

Junior accountant vs general ledger accountant salary

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

Junior AccountantGeneral Ledger Accountant
Average salary$50,444$60,034
Salary rangeBetween $38,000 And $66,000Between $47,000 And $76,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkCalifornia
Best paying companyFuhuCiti
Best paying industryConstructionTechnology

Differences between junior accountant and general ledger accountant education

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

Junior AccountantGeneral Ledger Accountant
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 76%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Junior accountant vs general ledger accountant demographics

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

Junior AccountantGeneral Ledger Accountant
Average age4444
Gender ratioMale, 39.6% Female, 60.4%Male, 36.9% Female, 63.1%
Race ratioBlack 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%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 Percentage7%7%

Differences between junior accountant and general ledger accountant duties and responsibilities

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 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.
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Junior accountant vs general ledger accountant skills

Common junior accountant skills
  • Reconciliations, 18%
  • General Ledger Accounts, 8%
  • Account Reconciliations, 5%
  • Data Entry, 5%
  • QuickBooks, 4%
  • Payroll Taxes, 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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