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Project Accountant Salary

Project Accountants in the United States take home an average $52K annually. Total incomes of Project Accountants incorporate potential for, in a few cases, more than $5K from bonuses and close to $4K from profit sharing; these performance components cause packages to range between $38K and $70K. The most important factor affecting compensation for this group is geographic location, followed by the specific employer and years of experience. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. Men are in the minority of survey respondents, with female Project Accountants making up 75 percent. Most Project Accountants like their work and job satisfaction is high. The data for this synopsis comes from respondents who took the PayScale salary survey.
$39,314 - $69,303
(Median)
39K
45K
52K
60K
69K
MEDIAN: $52,027
10%
25%
50%
75%
90%

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$16.63 - $27.60
(Median)
17
22
25
28
MEDIAN: $21.00
10%
50%
75%
90%

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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$24K$48K$72K
Salary
$39,314 - $69,303  
   
Bonus
$0.00 - $5,141  
Profit Sharing
$595 - $4,062  
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).
)
$38,412 - $69,874  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 741
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$14$28$42
Hourly Rate
$16.63 - $27.60  
   
Overtime
$24.43 - $41.69  
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$28K$56K$84K
Bonus
$0.00 - $5,141  
   
Profit Sharing
$595 - $4,062  
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).
)
$38,412 - $69,874  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 235
United States (change)

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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There are some Project Accountants — though it's uncommon — that transition into Financial Controllers, where earnings are an average $77K annually. Project Accountants typically move into roles as Accounting Managers or Senior Accountants, and those positions pay $8K more and $7K more, respectively.

Project Accountant Job Listings

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Popular Employer Salaries for Project Accountant


Popular Skills for Project Accountant


Project Accountants report using a pretty varied skill set on the job. Most notably, skills in Financial Reporting, Budget Management, Cost Accounting, and Financial Analysis are correlated to pay that is above average, with boosts between 8 percent and 10 percent. At the other end of the pay range are skills like Accounting and Accounts Payable. Most people who know Billing also know Microsoft Excel and Accounts Payable. Most people experienced in 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.


For Project Accountants, experience does not seem to be a major factor in determining pay. Salaries of relatively inexperienced workers fall in the neighborhood of $48K, but folks who have racked up five to 10 years see a notably higher median of $54K. Project Accountants see a median salary of $56K after reaching one to two decades on the job. People who have worked for more than 20 years report a median income no higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location


Home to some of the best pay for Project Accountants, Los Angeles offers exceptional salaries, 23 percent above the national average. Project Accountants can also look forward to large paychecks in cities like San Jose (+19 percent), New York (+15 percent), San Francisco (+14 percent), and Chicago (+14 percent). Baltimore is the lowest-paying area, 9 percent south of the national average. A couple other locations with smaller-than-average paychecks include Dallas (6 percent lower) and Orlando (5 percent lower).

Related Job Salaries

Experience Affects Project Accountant Salaries




National Average
$51,000


Skills That Affect Project Accountant Salaries





National Average
$51,000

Billing
up arrow 1%

Microsoft Excel
up arrow 1%

Accounts Receivable
up arrow 1%

Payroll Administration
up arrow 2%

Accounts Payable
up arrow 4%

Accounting
up arrow 9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 229 votes.

Gender

Female
75 %
Male
25 %

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: 86% dental benefits Dental: 78%
vision benefits Vision: 65% employee benefits None: 12%