Project Accountant Salary

The average Project Accountant in the United States can expect to rake in roughly $53K per year. Final cash compensation to Project Accountants varies from around $39K to approximately $71K; choice pay grades include potential for bonuses and profit sharing as high as $5K and $5K, respectively. Earnings for this group are mostly affected by residence, followed by the company and experience level. Most Project Accountants report high levels of job satisfaction. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. Men are in the minority of survey respondents, with female Project Accountants making up 76 percent. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$39,979 - $70,039

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$17.19 - $27.57

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Salary
$39,979 - $70,039  
   
Bonus
$0.00 - $5,194  
Profit Sharing
$550 - $4,500  
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).
)
$39,215 - $70,605  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 858
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$17.19 - $27.57  
   
Overtime
$24.40 - $41.44  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$0.00 - $5,194  
   
Profit Sharing
$550 - $4,500  
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).
)
$39,215 - $70,605  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 262
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Job Description for Project Accountant

A project accountant is responsible for managing all the financial information related to a project or projects at their company. They keep track of each project's expenses and provides regular reports on whether the project is over or under budget. Individuals in this position may also be responsible for drawing up proposals for possible projects and informing managers how much a project could potentially cost and/or earn.

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Project Accountant Tasks

  • Analyze and report on financial project administration; profitability, utilization, budgets, and accruals.
  • Ensure compliance with state and federal regulations.
  • Generate and interpret financial records and statements for management.
  • Collaborate with project management team.

Common Career Paths for Project Accountant


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While not commonly seen, Project Accountants who transition into a Financial Controller position may see a rise in pay. The median salary for Financial Controllers is $77K per year. Project Accountants most often move into positions as Accounting Managers or Senior Accountants; those groups report median salaries that are $8K higher and $6K higher, respectively.

Project Accountant Job Listings

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Popular Employer Salaries for Project Accountant


Popular Skills for Project Accountant


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Project Management, Financial Reporting, Budget Management, and Financial Analysis are correlated to pay that is above average, with boosts in pay of 8 percent. At the other end of the pay range are skills like Accounting and Accounts Payable. Those who learned Billing also tend to know Microsoft Excel and Accounts Payable. Most people familiar with Accounts Receivable also know Accounts Payable and Microsoft Excel.

Pay by Experience Level for Project Accountant

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


More years of relevant experience do not necessarily translate to higher paychecks. The average beginner in this position makes around $49K, but folks who have been around for five to 10 years see a markedly higher median salary of $55K. Project Accountants who work for 10 to 20 years in their occupation tend to earn about $56K. Project 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


California cities San Jose, San Francisco, and Los Angeles are lucrative areas for Project Accountants, where pay is not only higher than the national average but also represents the three highest-paid areas in the country. Those in the field find the lowest salaries in Orlando, 13 percent below the national average. Below-median salaries also turn up in Dallas and Washington (6 percent lower and 5 percent lower, respectively).

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Experience Affects Project Accountant Salaries




National Average
$52,000


Skills That Affect Project Accountant Salaries


Project Management
up arrow 8%




Microsoft Excel
0%

Payroll Administration
0%

National Average
$52,000

Billing
up arrow 1%

Accounts Receivable
up arrow 2%

Accounts Payable
up arrow 4%

Accounting
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 227 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
3%
1-4 years
35%
5-9 years
25%
10-19 years
28%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 78%
vision benefits Vision: 64% employee benefits None: 12%
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