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Senior project accountant vs general ledger accountant

The differences between senior project 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 project accountant and a general ledger accountant. Additionally, a senior project accountant has an average salary of $64,388, which is higher than the $60,034 average annual salary of a general ledger accountant.

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

Senior project accountant vs general ledger accountant overview

Senior Project AccountantGeneral Ledger Accountant
Yearly salary$64,388$60,034
Hourly rate$30.96$28.86
Growth rate6%6%
Number of jobs45,27781,408
Job satisfaction--
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 76%
Average age4444
Years of experience44

What does a senior project accountant do?

Senior Project Accountants are responsible for providing support in financial management for a project. Their duties include creating financial appraisals, producing project forecasts, and developing project financial reports. They are responsible for facilitating financial planning, identifying budget deviances, performing impact analysis, and assisting in risk management planning. Senior Project Accountants also establish financial governance for a project, improve financial tools, test data, and prepare a business case analysis for senior management. They participate in project meetings, assist in internal audits, and ensure operations adhere to corporate financial legislations.

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 project accountant vs general ledger accountant salary

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

Senior Project AccountantGeneral Ledger Accountant
Average salary$64,388$60,034
Salary rangeBetween $48,000 And $85,000Between $47,000 And $76,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateMassachusettsCalifornia
Best paying companyDahl ConsultingCiti
Best paying industryTechnologyTechnology

Differences between senior project accountant and general ledger accountant education

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

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

Senior project accountant vs general ledger accountant demographics

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

Senior Project AccountantGeneral Ledger Accountant
Average age4444
Gender ratioMale, 37.3% Female, 62.7%Male, 36.9% Female, 63.1%
Race ratioBlack or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.7% 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 senior project accountant and general ledger accountant duties and responsibilities

Senior project accountant example responsibilities.

  • Manage daily operations of the accounting department to include contract billing, accounts receivable, and monthly backlog/accrual reconciliations.
  • Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
  • Produce financial reports on a timely basis for building construction decision making using various job cost methods in conformity to GAAP.
  • Provide recommendations and assist with development, documentation, and implementation of agree process improvement procedures according to GAAP and SOX.
  • Audit and approve the supporting documents of all invoices of the company in accordance with the requirements regulations by SOX.
  • Prepare schedules for recurring accruals and deferrals and amortize monthly.
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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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Senior project accountant vs general ledger accountant skills

Common senior project accountant skills
  • Reconciliations, 7%
  • Project Management, 6%
  • GAAP, 5%
  • Financial Reports, 4%
  • Payroll, 4%
  • Accruals, 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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