What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

General Ledger Accountant Salary

General Ledger Accountants in the United States take home approximately $49K per year on average. The range in cash compensation to General Ledger Accountants ($35K to $65K) includes potential earnings of $5K each from bonuses and profit sharing in exceptional cases. Geography and tenure each impact pay for this group, with the former having the largest influence. The majority of General Ledger Accountants claim high levels of job satisfaction. Men are in the minority of survey respondents, with female General Ledger Accountants making up 73 percent. Medical benefits are awarded to a large number, and most earn dental coverage. This snapshot results from replies to PayScale's salary survey.

$37,558 - $65,224
(Median)
$38K
$49K
$65K
MEDIAN: $48,857
10%
50%
90%

Add this chart to your site: 640px    300px

$14.70 - $25.67
(Median)
$15
$19
$26
MEDIAN: $18.00
10%
50%
90%

Add this chart to your site: 640px    300px

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
$37,558 - $65,224  
   
Bonus
$0.00 - $5,040  
Profit Sharing
$246.58 - $4,949  
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).
)
$35,464 - $65,373  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 407
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
$14.70 - $25.67  
   
Overtime
$20.23 - $37.72  
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 - $5,040  
   
Profit Sharing
$246.58 - $4,949  
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).
)
$35,464 - $65,373  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 106

Find Out Exactly What You Should Be Paid

United States (change)

- OR -

Log in with LinkedIn

Comp Managers Click Here »

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.

Read More...

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


Add this chart to your site:   640px 640px    300px 300px


General Ledger Accountants may experience a large salary bump if they progress into a role such as Accounting Manager. The latter position pays an average of $59K annually.

Staff Accountant Job Listings

Search for more jobs:

Popular Skills for General Ledger Accountant


General Ledger Accountants report using a pretty varied skill set on the job. Most notably, skills in Financial Reporting, Accounts Payable, Accounting, and Financial Analysis are correlated to pay that is above average, with boosts in pay of 7 percent. Those educated in General Ledger Accounting tend to be well versed in Financial Analysis.

Pay by Experience Level for General Ledger Accountant

Median of all compensation (including tips, bonus, and overtime) by years of experience.


General Ledger Accountants do not generally earn higher incomes from more experience in the field. Respondents with less than five years' experience take home $44K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $50K. General Ledger Accountants with one to two decades of relevant experience report an average salary of approximately $52K. General Ledger Accountants who surpass 20 years on the job report pay that isn't higher than those with 10 to 20 years.

Pay Difference by Location


With a pay rate for General Ledger Accountants that is 26 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. General Ledger Accountants will also find cushy salaries in Houston (+25 percent) and Seattle (+7 percent). In Minneapolis, salaries are 19 percent below the national average and represent the lowest-paying market. Workers in Warren and Atlanta earn salaries that trail the national average for those in this profession (6 percent less).

Related Job Salaries

United States (change)

Experience Affects General Ledger Accountant Salaries




National Average
$48,000


Skills That Affect General Ledger Accountant Salaries

Accounts Payable
up arrow 7%

Financial Reporting
up arrow 7%


Accounting
up arrow 5%

General Ledger Accounting
up arrow 3%

Microsoft Excel
up arrow 2%

Fixed Asset Accounting
up arrow 2%

National Average
$48,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 90 votes.

Gender

Female
73 %
Male
27 %

Years of Experience

Less than 1 year
4%
1-4 years
38%
5-9 years
25%
10-19 years
19%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 82%
vision benefits Vision: 65% employee benefits None: 8%