GL Accountant Job Description [Updated for 2025]

In the financial realm, the role of GL Accountants has never been more important.

As businesses grow and evolve, so does the demand for skilled professionals capable of managing, interpreting, and safeguarding our financial records.

But let’s delve deeper: What’s truly expected from a GL Accountant?

Whether you are:

• A job seeker trying to grasp the core responsibilities of this role,
• A hiring manager defining the perfect candidate,
• Or simply interested in the intricacies of general ledger accounting,

You’re in the right place.

Today, we introduce a customizable GL Accountant job description template, designed for effortless posting on job boards or career sites.

Let’s dive right in.

GL Accountant Duties and Responsibilities

A General Ledger (GL) Accountant is responsible for compiling and analyzing financial information, documenting business transactions, and preparing financial reports.

This role requires a strong understanding of accounting principles and the ability to work with complex financial data.

Typical duties and responsibilities of a GL Accountant include:

• Preparing and recording asset, liability, revenue, and expenses entries by compiling and analyzing account information
• Maintaining and balancing accounts by verifying, allocating, posting, reconciling transactions and resolving discrepancies
• Maintaining general ledger by transferring subsidiary accounts, preparing a trial balance, and reconciling entries
• Summarizing financial status by collecting information, preparing balance sheet, profit and loss statement, and other reports
• Completing internal audits by analyzing and scheduling general ledger accounts and providing information for auditors
• Avoiding legal challenges by complying with legal requirements, including filing financial reports and preparing tax returns
• Securing financial information by completing database backups
• Supporting month-end and year-end close process
• Developing and implementing accounting procedures by analyzing current procedures and recommending changes

 

GL Accountant Job Description Template

Job Brief

We are looking for a detail-oriented and proficient GL Accountant to join our team.

The GL Accountant will be responsible for preparing journal entries, maintaining balance sheet schedules, ledger accounts, and bank reconciliation.

The ideal candidate is familiar with General Ledger (GL) functions and procedures and is committed to meet deadlines.

 

Responsibilities

• Compile and analyze financial information to prepare entries to general ledger accounts.
• Review, reconcile, and maintain a variety of accounting and financial data and reports.
• Perform account reconciliations in a timely and accurate manner.
• Ensure financial records are maintained in compliance with accepted policies and procedures.
• Manage month-end, quarter-end, and year-end closing of the general ledger.
• Assist in financial audits and implement audit recommendations.
• Resolve accounting discrepancies and irregularities.
• Prepare financial statements and produce budget according to schedule.
• Contribute to continuous improvement initiatives to optimize service quality.
• Ensure all financial reporting deadlines are met.

 

Qualifications

• Proven experience as a GL Accountant or similar role.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP).
• Experience with general ledger functions and the month-end/year-end close process.
• Hands-on experience with accounting software, like QuickBooks and SAP.
• Strong skills in Microsoft Excel (creating spreadsheets and using advanced formulas).
• Familiarity with financial statements and financial reporting.
• Accuracy and attention to detail.
• Aptitude for numbers and quantitative skills.
• BS degree in Accounting, Finance or relevant field.

 

Benefits

• 401(k) plan
• Health insurance
• Dental insurance
• Paid time off
• Tuition reimbursement
• Professional development assistance

 

Additional Information

• Job Title: GL Accountant
• Work Environment: Office setting. Some travel may be required for meetings or training sessions.
• Reporting Structure: Reports to the Accounting Manager or Chief Financial Officer (CFO).
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a GL Accountant Do?

A GL Accountant, also known as a General Ledger Accountant, is responsible for handling all aspects of the general ledger which is the primary tool for recording a company’s financial transactions.

They handle all journal entries and ensure they are correctly posted to the appropriate ledger accounts.

This includes recording all business transactions, processing adjustments, and preparing monthly, quarterly, and yearly closing entries.

The GL Accountant is also responsible for reconciliation of all ledger accounts, analyzing discrepancies, and making necessary corrections to ensure accurate and timely financial reporting.

They prepare and review financial statements and reports, verifying their accuracy and compliance with accounting standards and regulatory requirements.

In addition, they assist with budget preparation and financial planning processes.

They also collaborate with auditors, providing all required information and assisting in internal and external audits.

Furthermore, a GL Accountant is expected to improve systems and procedures and initiate corrective actions when necessary.

They often work closely with other accounting staff and departments within the company to ensure efficient financial operations.

 

GL Accountant Qualifications and Skills

A competent GL Accountant should have the skills and qualifications that are aligned with the job description, such as:

• Strong understanding of financial accounting principles and procedures to accurately maintain and manage general ledger accounts.
• Proficiency in accounting software and Microsoft Office Suite, especially Excel for performing data analysis and creating financial reports.
• Highly analytical mindset to identify and resolve discrepancies in financial entries, documents, and reports.
• Excellent communication skills for effectively interacting with internal and external stakeholders, presenting financial information, and addressing queries.
• Ability to meet strict deadlines, manage multiple projects simultaneously and work under pressure using strong time management and organizational skills.
• Detail-oriented approach to ensure the accuracy and reliability of financial data.
• Knowledge of regulatory standards and compliance requirements to maintain the integrity of financial records.
• Problem-solving skills to address and resolve issues that may arise in the course of performing accounting functions.

 

GL Accountant Experience Requirements

GL Accountants, or General Ledger Accountants, usually require a Bachelor’s degree in Accounting or a related field as a baseline educational requirement.

For entry-level roles, some employers may require up to 2 years of experience, which can be acquired through internships, co-op programs, or entry-level roles in other financial departments.

Understanding of accounting principles and practices, as well as experience with accounting software is usually mandatory.

Candidates with 3 to 5 years of experience in accounting, particularly those with experience in maintaining a general ledger or working directly with financial audits, are often considered for intermediate GL Accountant roles.

During this time, they should have gained experience in areas like budget preparation, financial analysis, and tax-related tasks.

GL Accountants with more than 5 years of experience are often considered for senior roles, and may also be expected to have some leadership experience.

These professionals might have a deep understanding of financial reporting principles and practices, regulatory and reporting requirements, and have the ability to supervise and guide junior staff.

Further qualifications like a Certified Public Accountant (CPA) license or a Master’s degree in Accounting or Business Administration can also be beneficial and are sometimes preferred for more advanced roles.

 

GL Accountant Education and Training Requirements

GL Accountants typically have a bachelor’s degree in accounting or finance.

Courses in these programs often include subjects like business law, management, economics, marketing, and statistics along with specialized accounting topics.

A strong understanding of generally accepted accounting principles (GAAP) and financial concepts is crucial for this role.

Familiarity with accounting software such as QuickBooks or Sage, and proficiency in Microsoft Office Suite, especially Excel, is also desirable.

Many employers prefer GL Accountants who are Certified Public Accountants (CPAs) or are in the process of becoming one.

Obtaining a CPA license typically involves passing a national exam and meeting state-specific requirements, such as completing a certain number of accounting and business coursework.

In addition to academic qualifications, GL Accountants need strong analytical, problem-solving, and communication skills.

They should be detail-oriented and have a good understanding of financial data analysis and forecasting.

Continuing education is important in this field to stay updated with the latest financial regulations and accounting methods.

Some GL Accountants may also choose to pursue a master’s degree in accounting or business administration for career advancement.

 

GL Accountant Salary Expectations

A GL Accountant, or General Ledger Accountant, on average earns $55,563 (USD) per year.

The actual salary may differ based on factors such as years of experience, qualifications, geographic location, and the size and industry of the company.

 

GL Accountant Job Description FAQs

What skills does a GL Accountant need?

GL Accountants need strong analytical skills to make accurate financial forecasts and to identify issues within the general ledger.

They should also have excellent attention to detail to ensure all financial data is correct.

Proficiency in accounting software and strong Excel skills are also important.

Additionally, GL Accountants need good communication skills to liaise with other departments and present financial information.

 

Do GL Accountants need a degree?

Yes, GL Accountants typically need a bachelor’s degree in accounting, finance, or a related field.

Some employers may prefer candidates with a master’s degree or Certified Public Accountant (CPA) certification.

It’s also beneficial for GL Accountants to have a good understanding of Generally Accepted Accounting Principles (GAAP).

 

What should you look for in a GL Accountant’s resume?

A GL Accountant’s resume should highlight their experience in accounting and financial analysis, particularly within the area of general ledger accounting.

Look for a strong understanding of accounting principles and relevant software systems.

Candidates who have experience in your specific industry may be especially valuable.

Additionally, certifications like a CPA designation can distinguish top candidates.

 

What qualities make a good GL Accountant?

A good GL Accountant is analytical, detail-oriented, and has a strong understanding of accounting principles.

They should be capable of handling large amounts of data and able to identify any discrepancies.

They also need strong problem-solving skills to correct any issues that may arise.

Good GL Accountants are also reliable and have strong ethical standards to handle financial information appropriately.

 

Is it challenging to hire a GL Accountant?

The challenge of hiring a GL Accountant can depend on the specific requirements of the role and the current job market.

With the role requiring specialized knowledge, finding a candidate with the right skills and experience might be challenging.

However, offering competitive compensation and opportunities for growth and professional development can attract high-quality candidates.

 

Conclusion

And there you have it.

Today, we’ve unraveled the reality of what it means to be a GL Accountant.

Surprise, surprise!

It’s not just about crunching numbers.

It’s about shaping the financial future, one ledger entry at a time.

With our trusty GL Accountant job description template and real-world examples, you’re poised to make your career leap.

But why halt your progress?

Dig deeper with our job description generator. It’s your next step to precision-crafted job listings or fine-tuning your resume to perfection.

Remember:

Every ledger entry is part of a larger financial framework.

Let’s build that future. Together.

Reasons to Become a GL Accountant (Boost Business with Balance)

How to Become a GL Accountant (Complete Guide)

Disadvantages of Being a GL Accountant (No Profit in Profits!)

Work-Life Winners: The Most Flexible Jobs for Balance Seekers

Workplace Wackiness: The Strangest Jobs Around

Work Less, Earn More: Dream Jobs That Aren’t Too Good to Be True!

The Robot Revolution: Surprising Jobs That AI Will Dominate