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Revenue accountant vs general ledger accountant

The differences between revenue 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 revenue accountant and a general ledger accountant. Additionally, a revenue accountant has an average salary of $66,015, which is higher than the $60,034 average annual salary of a general ledger accountant.

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

Revenue accountant vs general ledger accountant overview

Revenue AccountantGeneral Ledger Accountant
Yearly salary$66,015$60,034
Hourly rate$31.74$28.86
Growth rate6%6%
Number of jobs39,87481,408
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 76%
Average age4444
Years of experience44

What does a revenue accountant do?

A revenue accountant is responsible for monitoring clients' payments, tracking financial transactions, and resolving billing discrepancies and reconciliations. Revenue accountants release invoices and collect payments from outstanding debts. They also identify business opportunities and client partnerships to generate more revenue resources and increase the company's profitability, keeping efficient and safe storage of all account information in the database. A revenue accountant writes comprehensive reports for management's reference, requiring them to have excellent communication skills and accounting principles knowledge.

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.

Revenue accountant vs general ledger accountant salary

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

Revenue AccountantGeneral Ledger Accountant
Average salary$66,015$60,034
Salary rangeBetween $48,000 And $89,000Between $47,000 And $76,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateNew JerseyCalifornia
Best paying companyGoogleCiti
Best paying industryTechnologyTechnology

Differences between revenue accountant and general ledger accountant education

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

Revenue AccountantGeneral Ledger Accountant
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 76%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Revenue accountant vs general ledger accountant demographics

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

Revenue AccountantGeneral Ledger Accountant
Average age4444
Gender ratioMale, 40.0% Female, 60.0%Male, 36.9% Female, 63.1%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 14.5% White, 61.7% 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 revenue accountant and general ledger accountant duties and responsibilities

Revenue accountant example responsibilities.

  • Manage personnel financial matters including salaries, taxation procedures and other relate issues.
  • Upload project statements of work and changes in scope into ERP system, ensuring accurate invoicing and revenue recognition.
  • Execute and maintain supporting documentation for SOX internal controls
  • Provide GAAP considerations for complex revenue transactions including audit documentation.
  • General accounting functions, including adjusting journal entries, reconciliations of global accounts including defer revenue and accruals.
  • Prepare monthly journal entries and balance sheet reconciliations for numerous domestic and international revenue accounts using foreign exchange rates.
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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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Revenue accountant vs general ledger accountant skills

Common revenue accountant skills
  • Reconciliations, 18%
  • GAAP, 10%
  • Pivot Tables, 5%
  • Financial Statements, 5%
  • SOX, 5%
  • Accruals, 5%
Common general ledger accountant skills
  • Reconciliations, 15%
  • GAAP, 6%
  • Balance Sheet Accounts, 6%
  • Payroll, 5%
  • Accruals, 5%
  • External Auditors, 4%

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