General Ledger Accountant Salary

General Ledger Accountants in the United States take home approximately $52K annually on average. In the world of General Ledger Accountants, overall cash allowance can occasionally include more than $5K from bonuses and, in some exceptional cases, $4K from profit sharing, causing incomes to vary widely between $38K and $68K. Location is the biggest factor affecting pay for this group, followed by tenure. Job satisfaction is reported as high by the vast majority of workers. Men are in the minority of survey respondents, with female General Ledger Accountants making up 71 percent. Medical benefits are awarded to most, and a large number earn dental coverage. Participants in PayScale's salary questionnaire provided the particulars of this report.

$40,523 - $68,796
$41K
$52K
$69K
MEDIAN: $52,246
10%
50%
90%

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$15.97 - $26.64
$16
$20
$27
MEDIAN: $20.43
10%
50%
90%

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$0$68K
Salary $40,523 - $68,796
Bonus $306.39 - $5,001
Profit Sharing $-0.50 - $3,878
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).
)
$38,331 - $67,878
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 248
Hourly Data $0$40
Hourly Rate $15.97 - $26.64
Overtime $24.50 - $40.45
Annual Data $0$67K
Bonus $306.39 - $5,001
Profit Sharing $-0.50 - $3,878
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).
)
$38,331 - $67,878
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 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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For General Ledger Accountants who go on to become Accounting Managers, career progression may result in slightly increased compensation. On average, an Accounting Manager earns $61K annually.

General Ledger Accountant Job Listings

Popular Skills for General Ledger Accountant


Survey results suggest that General Ledger Accountants put a wide range of professional skills to use. Most notably, facility with Cost Accounting and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 29 percent and 4 percent, respectively. Those listing Accounting as a skill should be prepared for drastically lower pay. Accounts Payable and Microsoft Excel also typically command lower compensation. Most people who know General Ledger Accounting also know 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: $51,076

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

With a pay rate for General Ledger Accountants that is 32 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. General Ledger Accountants can also look forward to large paychecks in cities like San Jose (+28 percent), Seattle (+8 percent), Salt Lake City (+7 percent), and Anchorage (+6 percent). General Ledger Accountants in Minneapolis earn salaries far below the national average by 24 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Below-median salaries also turn up in Dallas and Warren (13 percent lower and 12 percent lower, respectively).

General Ledger Accountant Reviews

Q: What is it like working as a General Ledger Accountant?

General Ledger Accountant in Denver:
"Excellent."
Pros: The people, the food, the atmosphere/culture.
Cons: Pay could be a little better but not a big deal.

Related Job Salaries

Key Stats for General Ledger Accountant

Gender

Female
71 %
Male
29 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 43 votes.
Less than 1 year
4%
1-4 years
45%
5-9 years
22%
10-19 years
16%
20 years or more
13%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects General Ledger Accountant Salaries

▲18%

▲6%

▲1%

National Average
$51,000

▼5%

Skills That Affect General Ledger Accountant Salaries

Cost Accounting
▲29%





Accounts Receivable
▼0%

National Average
$51,000

General Ledger Accounting
▼1%



Accounting
▼22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 43 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
4%
1-4 years
45%
5-9 years
22%
10-19 years
16%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 83%
vision benefits
Vision: 71%
no benefits
None: 9%
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