General Ledger Accountant Salary

Median pay for General Ledger Accountants in the United States is around $52K annually. Total cash compensation to General Ledger Accountants bottoms out near $38K and approaches $68K on the high end; the biggest paychecks include approximately $5K from bonuses and almost $4K from profit sharing. Geography is the biggest factor affecting pay for this group, followed by career length. Most enjoy medical while a large number get dental coverage. Vision coverage is also available to a strong majority. Most General Ledger Accountants survey respondents are women (72 percent). Most workers in this position report high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$40,341 - $68,385
$40K
$52K
$68K
MEDIAN: $51,852
10%
50%
90%

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$16.05 - $26.85
$16
$20
$27
MEDIAN: $20.36
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$23K$46K$69K
Salary
$40,341 - $68,385  
   
Bonus
$242.40 - $4,928  
Profit Sharing
$0.21 - $3,915  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$38,077 - $67,828  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 253
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$16.05 - $26.85  
   
Overtime
$24.02 - $39.95  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$242.40 - $4,928  
   
Profit Sharing
$0.21 - $3,915  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$38,077 - $67,828  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 96

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for General Ledger Accountant

Companies keep accounting records - comprising a general ledger - for a variety of reasons, from planning future sales and marketing projects to reporting necessary financial information to regulatory agencies and shareholders. The general ledger accountant is responsible for making sure that the general ledger is a complete and accurate record of the company's financial transactions. Depending on the size of their organization, the general ledger accountant may be an accounting team member specializing in specific aspects of the accounting process; they may also oversee the entire process, supervising subordinate accountants and the acting as the final arbiter of the ledger. These accountants generally works in an office environment during regular business hours, although overtime may be required as deadlines approach.

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General Ledger Accountant Tasks

  • Prepare and post entries to the general ledger and manage the monthly close process.
  • Prepare and implement audit schedules and process re-engineering to reduce financial errors.
  • Reconcile balance sheets, accounts, and invoices.
  • Prepare monthly, quarterly, and ad hoc reports with variance explanations.

Common Career Paths for General Ledger Accountant


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At the upper end, General Ledger Accountants who move into an Accounting Manager role may earn a little more as the latter position has a median salary of $61K per year.

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Popular Skills for General Ledger Accountant


Survey results imply that General Ledger Accountants put a diverse skill set to use. Most notably, facility with Cost Accounting and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 30 percent and 5 percent, respectively. Those listing Accounting and Accounts Payable as skills, on the other hand, should be prepared for drastically lower pay. It is often found that people who know General Ledger Accounting are also skilled in Financial Analysis.

Pay by Experience Level for General Ledger Accountant

Pay by Experience for a General Ledger Accountant has a positive trend. An entry-level General Ledger Accountant with less than 5 years of experience can expect to earn an average total compensation of $48,000 based on 197 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A General Ledger Accountant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $52,000 based on 93 salaries. An experienced General Ledger Accountant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $54,000 based on 73 salaries. A General Ledger Accountant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $60,000 based on 48 salaries.

Pay Difference by Location

National Average: $50,744

Larger city markers indicate a job is popular in that location.

For General Ledger Accountants, San Francisco provides a pay rate that is 33 percent greater than the national average. General Ledger Accountants can also look forward to large paychecks in cities like San Jose (+29 percent), Seattle (+8 percent), Salt Lake City (+7 percent), and Anchorage (+6 percent). General Ledger Accountants in Minneapolis take home the lowest salaries, earning a whopping 23 percent less than the national average. Employers also pay below the national average in Dallas (12 percent lower) and Warren (11 percent lower).

Related Job Salaries

Key Stats for General Ledger Accountant

Gender

Female
72 %
Male
28 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 41 votes.
Less than 1 year
4%
1-4 years
45%
5-9 years
21%
10-19 years
16%
20 years or more
14%
Location:
Years in Fields/Career:
United States (change)

Experience Affects General Ledger Accountant Salaries

▲18%

▲7%

▲2%

National Average
$51,000

▼5%

Skills That Affect General Ledger Accountant Salaries

Cost Accounting
▲30%





General Ledger Accounting
▼0%

Accounts Receivable
▼0%

National Average
$51,000



Accounting
▼21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 41 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

Less than 1 year
4%
1-4 years
45%
5-9 years
21%
10-19 years
16%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 81%
vision benefits
Vision: 71%
no benefits
None: 11%