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What does a General Ledger Accountant earn?
On average, general ledger accountants earn an estimated £31,400 per year in the UK. This type of accountant is responsible for preparing and processing financial statements for organisations, and managing their accounts on a daily basis. They are expected to be highly organised and have excellent analytical and problem-solving skills. A general ledger accountant must be well-versed in various bookkeeping methods and regulations, as well as be proficient in using accounting software.
How to earn more as a General Ledger Accountant
To become a General Ledger Accountant, you will need to gain experience in general ledger processes and have a strong grasp of accounting regulations. Alternatively, you can pursue an accounting apprenticeship. To expand your horizons, you could pursue specialist qualifications, such as fund accounting or tax accounting, or you could move into a managerial role. You could also become self-employed and offer general ledger services or set up your own accounting practice. The highest paid general ledger accountants earn over £48,800 a year.
Min: £23,920.00 Max: £48,750.00
Average General Ledger Accountant Salary in UK : £31,358.89
Read about General Ledger Accountant salaries, related jobs and salary information across the UK
General Ledger Accountant Salary data from the ONS
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Recommended General Ledger Accountant Jobs in UK
Average Salary for General Ledger Accountant compared to similar jobs
Related Jobs
View salaries for similar jobs.
| Job Title | UK Average |
|---|---|
| Trainee Accountant Salary in UK | £22,239.28 |
| Financial Accountant Salary in UK | £23,201.10 |
| Accountant and Auditor Salary in UK | £27,557.46 |
| Management Accountant Salary in UK | £28,182.92 |
| Tax Preparer Salary in UK | £33,575.05 |
| Payroll Accountant Salary in UK | £35,300.14 |
| Certified Accountant Salary in UK | £36,278.85 |
| Property Accountant Salary in UK | £36,883.38 |
| Chartered Accountant Salary in UK | £36,896.84 |
| Fixed Asset Accountant Salary in UK | £36,947.92 |
| Accountant Salary in UK | £37,953.78 |
| Tax Accountant Salary in UK | £39,214.28 |
| Forensic Accountant Salary in UK | £44,387.32 |
| Investment Accountant Salary in UK | £45,669.41 |
| Systems Accountant Salary in UK | £48,181.15 |
Salary by Region
Compare General Ledger Accountant salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £34,347.69 |
| Wales | £30,204.55 |
| East Midlands | £30,691.67 |
| Eastern | £40,324.72 |
| London | £41,588.33 |
| North East | £25,615.38 |
| North West | £30,318.05 |
| South East | £29,270.49 |
| South West | £28,730.69 |
| West Midlands | £26,749.50 |
| Yorkshire and the Humber | £29,042.65 |
Annual Job Ads by Region
Understanding the Average General Ledger Accountant Salary in the UK
As a General Ledger Accountant in the UK, it's important to have a clear understanding of the average salary for this role. According to average Accounting salaries, the average salary for a General Ledger Accountant in the UK is £31,400 per year. This figure can vary depending on factors such as experience, qualifications, and location.
Salary Expectations for Newly Qualified General Ledger Accountant
If you're a newly qualified General Ledger Accountant, you may be wondering what salary you can expect. To get an idea of the current market rates, it's recommended to explore the latest job listings on job search websites. These platforms often provide salary ranges for specific roles, giving you a better understanding of what you can expect as a newly qualified General Ledger Accountant.
Salaries for Experienced General Ledger Accountant
For experienced General Ledger Accountants in the UK, the salary range tends to be higher than that of their newly qualified counterparts. With a few years of experience under your belt, you can expect to earn a salary between £23,900 and £48,800 per year. This range can vary depending on factors such as the size of the company, industry, and location.
Creating a General Ledger Accountant CV
When applying for a General Ledger Accountant position, having a well-crafted CV is essential. To help you create a professional and impactful CV, you can use a CV template specifically designed for General Ledger Accountants. This template will guide you through the process of highlighting your skills, qualifications, and experience in a way that appeals to potential employers.
Career Development Opportunities for General Ledger Accountant
As a General Ledger Accountant, there are various career development opportunities available to you. Whether you're looking to specialize in a specific industry or advance to a managerial position, it's important to stay informed about the latest trends and requirements in the field. You can find valuable career advice to help you navigate your career path and make informed decisions about your professional development.
Comprehensive Compensation for General Ledger Accountant
Aside from the base salary, General Ledger Accountants in the UK may also receive comprehensive compensation packages. These packages can include benefits such as health insurance, retirement plans, bonuses, and other perks. It's important to consider the overall compensation package when evaluating job offers and negotiating your salary.
Strategies for Increasing Your Salary as a General Ledger Accountant
If you're looking to increase your salary as a General Ledger Accountant, there are several strategies you can employ. These include acquiring additional certifications or qualifications, gaining specialized knowledge in a specific area of accounting, taking on additional responsibilities, and demonstrating exceptional performance. By continuously improving your skills and adding value to your organization, you can position yourself for salary advancements and promotions.
Professional Development and Earnings
Investing in your professional development as a General Ledger Accountant can have a direct impact on your earnings. By attending industry conferences, participating in training programs, and staying up-to-date with the latest accounting practices and regulations, you can enhance your expertise and increase your value in the job market. This, in turn, can lead to higher earning potential and more lucrative career opportunities.
Capitalising on Extra Hours and Duties
As a General Ledger Accountant, there may be opportunities to earn additional income by taking on extra hours or duties. Some organizations offer overtime pay or bonuses for working beyond regular office hours or taking on additional responsibilities. By being proactive and demonstrating your willingness to go the extra mile, you can potentially increase your overall earnings as a General Ledger Accountant.
