Senior corporate accountant vs general ledger accountant

The differences between senior corporate 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 senior corporate accountant and a general ledger accountant. Additionally, a senior corporate accountant has an average salary of $73,008, which is higher than the $60,034 average annual salary of a general ledger accountant.

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

Senior corporate accountant vs general ledger accountant overview

	Senior Corporate Accountant	General Ledger Accountant
Yearly salary	$73,008	$60,034
Hourly rate	$35.10	$28.86
Growth rate	6%	6%
Number of jobs	57,895	81,408
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 76%
Average age	44	44
Years of experience	4	4

What does a senior corporate accountant do?

A senior corporate accountant is responsible for reviewing financial transactions and account statements of an organization, reconciling accounts receivable, managing accounts payable, and resolving bank discrepancies. Senior corporate accountants handle clients' outstanding payments, allocate budget to the department heads, and identify business opportunities that would generate more revenue resources and minimize financial loss. They write accurate financial reports to discuss with the senior management, respond to the team's inquiries and concerns, and strategize to improve financial processes.

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.

Senior corporate accountant vs general ledger accountant salary

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

	Senior Corporate Accountant	General Ledger Accountant
Average salary	$73,008	$60,034
Salary range	Between $57,000 And $92,000	Between $47,000 And $76,000
Highest paying City	San Francisco, CA	Washington, DC
Highest paying state	New York	California
Best paying company	Amazon	Citi
Best paying industry	Construction	Technology

Differences between senior corporate accountant and general ledger accountant education

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

	Senior Corporate Accountant	General Ledger Accountant
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 76%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Senior corporate accountant vs general ledger accountant demographics

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

	Senior Corporate Accountant	General Ledger Accountant
Average age	44	44
Gender ratio	Male, 46.2% Female, 53.8%	Male, 36.9% Female, 63.1%
Race ratio	Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 14.1% White, 61.6% 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 senior corporate accountant and general ledger accountant duties and responsibilities

Senior corporate accountant example responsibilities.

Manage CAPEX and Hyperion reporting.
Manage Sarbanes-Oxley documentation and perform the related testing in accordance with policy.
Manage all treasury activity for corporate entities including daily cash management, monthly earn fee calculations, and property relate reimbursements.
Prepare documentation in support of financial statements for SOX regulations, internal and external auditors.
Initiate financial analysis, budgeting, management planning, capital expenditure monitoring, and revenue recognition according to GAAP.
Research and implement functionality within ERP system.

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.

Senior corporate accountant vs general ledger accountant skills

Common senior corporate accountant skills

Reconciliations, 13%
GAAP, 9%
SOX, 5%
External Auditors, 4%
Internal Controls, 4%
Strong Analytical, 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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Senior Corporate Accountant vs General Ledger Accountant

Updated January 8, 2025

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