General Ledger Accountant Salary

For General Ledger Accountants, yearly average wages total $52K annually. Total cash earnings of General Ledger Accountants range from $38K on the low end to $68K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $5K and $4K, respectively. Residence is the biggest factor affecting pay for this group, followed by years of experience. Medical benefits are awarded to most, and a large number earn dental coverage. Job satisfaction is high and work is enjoyable for most General Ledger Accountants. Men are in the minority of survey respondents, with female General Ledger Accountants making up 70 percent. The data for this synopsis comes from respondents who took the PayScale salary survey.

$40,506 - $69,246
$41K
$52K
$69K
MEDIAN: $51,614
10%
50%
90%

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$15.52 - $26.56
$16
$20
$27
MEDIAN: $20.24
10%
50%
90%

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$0$69K
Salary $40,506 - $69,246
Bonus $250.00 - $4,980
Profit Sharing $-0.50 - $3,945
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).
)
$38,428 - $68,299
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 237
Hourly Data $0$40
Hourly Rate $15.52 - $26.56
Overtime $24.54 - $40.91
Annual Data $0$68K
Bonus $250.00 - $4,980
Profit Sharing $-0.50 - $3,945
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).
)
$38,428 - $68,299
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 85

Find Out Exactly What You Should Be Paid

United States (change)

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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As General Ledger Accountants make advancements in their career path to positions such as Accounting Manager, their salaries may climb. Accounting Managers make $61K annually on average.

General Ledger Accountant Job Listings

Popular Skills for General Ledger Accountant


General Ledger Accountants report using a wide range of professional skills. 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. Those familiar with General Ledger Accounting also tend to 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: $50,585

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

Home to some of the best pay for General Ledger Accountants, San Francisco offers exceptional salaries, 32 percent above the national average. General Ledger Accountants can also look forward to large paychecks in cities like San Jose (+28 percent), Seattle (+7 percent), Salt Lake City (+6 percent), and Anchorage (+5 percent). Location is a huge contributor to overall pay, with General Ledger Accountants in Minneapolis earning a whopping 24 percent below the national average. Employers also pay below the national average in Dallas (13 percent lower) and Warren (12 percent lower).

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
72 %
Male
28 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.
Less than 1 year
5%
1-4 years
44%
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

▲19%

▲7%

▲2%

National Average
$51,000

▼5%

Skills That Affect General Ledger Accountant Salaries

Cost Accounting
▲31%





Accounts Receivable
▲1%

General Ledger Accounting
▼0%

National Average
$51,000



Accounting
▼21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

Less than 1 year
5%
1-4 years
44%
5-9 years
22%
10-19 years
16%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 79%
vision benefits
Vision: 69%
no benefits
None: 12%
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