General Ledger Accountant Salary (United States)

A typical General Ledger Accountant in the United States can expect to take home roughly $46,465 per year. The pay spectrum stretches from $34,656 to $65,133 per year. Geography and tenure each impact pay for this group, with the former having the largest influence. A solid majority report receiving medical coverage from their employers and most collect dental insurance. Men are in the minority in the field, with female General Ledger Accountants making up 74 percent of workers. The majority of General Ledger Accountants claim high levels of job satisfaction. The data for this snapshot was collected from individuals who took PayScale's salary survey.
General Ledger Accountant Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$36,060 - $65,119
(Median)
36K
48K
56K
65K
MEDIAN: $47,824
10%
50%
75%
90%
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General Ledger Accountant Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$14.30 - $25.55
(Median)
14
19
22
26
MEDIAN: $18.00
10%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22K$44K$66K
Salary
$36,060 - $65,119  
   
Bonus
$0.00 - $5,025  
Profit Sharing
$252.00 - $5,057  
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).
)
$34,656 - $65,133  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 393
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$13$26$39
Hourly Rate
$14.30 - $25.55  
   
Overtime
$19.35 - $38.40  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Bonus
$0.00 - $5,025  
   
Profit Sharing
$252.00 - $5,057  
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).
)
$34,656 - $65,133  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 118
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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
  • Reconcile balance sheets, accounts, and invoices.
  • Prepare monthly, quarterly, and ad hoc reports with variance explanations.
  • 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.

Common Career Paths for General Ledger Accountant

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General Ledger Accountants may receive a large increase in pay with career advancement. Those who transition into an upper level Accounting Manager position may earn an additional $12,497 per year. The most common promotion for General Ledger Accountants, a Staff Accountant position actually brings in $3,306 less. Another standard transition for General Ledger Accountants seeking advancement is to assume a Senior Accountant role, where pay often climbs by $11,458.

General Ledger Accountant Job Listings

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Popular Skills for General Ledger Accountant

Survey results suggest that General Ledger Accountants put a wide range of professional skills to use. Most notably, skills in Accounting, Financial Reporting, Financial Analysis, and Accounts Payable are correlated to pay that is above average, with boosts of 11 percent, 8 percent, 7 percent, and 7 percent, respectively. Those proficient in Financial Analysis are, more often than not, also skilled in General Ledger Accounting.

Pay by Experience Level for General Ledger Accountant

Median of all compensation (including tips, bonus, and overtime) by years of experience.
For General Ledger Accountants, level of experience is overall a somewhat less important part of the salary calculation—more experience does not yield dramatically higher pay—and pay raises are largely incremental. Those in the early stages of their career can expect to make around $42K; however, pay rises to approximately $48K after five to 10 years. After 10 to 20 years, compensation comes in at $51K. The 20-year mark seems to bring slower salary growth, and General Ledger Accountants at this tenure level tend to see their incomes plateau to $51,500. Experienced employees who have 10-20 years of experience make up about one-fifth of the workforce; inexperienced individuals who have been working for less than one year comprise less than five percent, and senior people with more than 20 years under their belt fill out the remaining 16 percent. A majority of respondents report one to nine years of experience.

Pay Difference By Location

Houston
up arrow 20%
National Average
$46,000
Atlanta
up arrow 3%
Minneapolis
up arrow 16%
Larger circles over a city indicate a job is popular in that location.
Home to some of the best pay for General Ledger Accountants, Houston offers exceptional salaries, 20 percent above the national average. Minneapolis is the lowest-paying area, 16 percent south of the national average.

Related Job Salaries

Experience Affects General Ledger Accountant Salaries

National Average
$46,000

Skills That Affect General Ledger Accountant Salaries

Accounting
up arrow 11%
Financial Reporting
up arrow 8%
Accounts Payable
up arrow 6%
Microsoft Excel
up arrow 4%
General Ledger Accounting
up arrow 3%
National Average
$46,000
Fixed Asset Accounting
up arrow 1%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 121 votes.

Gender

Female
74%
female alumni
 
Male
26%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
38%
5-9 years
23%
10-19 years
19%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 76%
vision benefits Vision: 59% employee benefits None: 10%
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