Project Accountant Salary

Pay for Project Accountants in the United States sits in the ballpark of $52K annually. Final cash compensation to Project Accountants varies from around $39K to approximately $70K; choice pay grades include potential for bonuses and profit sharing as high as $5K and $4K, respectively. While the specific employer and tenure impact pay for this group, geography is the most influential factor. Most Project Accountants report high levels of job satisfaction. Female Project Accountants make up most of the survey respondents at 76 percent. Medical benefits are awarded to most, and a strong majority earn dental coverage. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$39,584 - $69,424
(Median)
$40K
$52K
$69K
MEDIAN: $52,283
10%
50%
90%

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$17.04 - $27.52
(Median)
$17
$22
$28
MEDIAN: $21.00
10%
50%
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
$39,584 - $69,424  
   
Bonus
$0.00 - $5,170  
Profit Sharing
$590 - $4,085  
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).
)
$38,756 - $69,763  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 802
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
$17.04 - $27.52  
   
Overtime
$24.53 - $41.01  
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 - $5,170  
   
Profit Sharing
$590 - $4,085  
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).
)
$38,756 - $69,763  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 252

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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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There are some Project Accountants — though it's uncommon — that transition into Financial Controllers, where earnings are an average $77K annually. Career advancement for the typical Project Accountant often leads to becoming an Accounting Manager or a Senior Accountant; median salaries in these positions are $8K higher and $7K higher, respectively.

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Popular Employer Salaries for Project Accountant


Popular Skills for Project Accountant


Survey takers working as Project Accountants report using a large range of professional skills. Most notably, skills in Financial Reporting, Budget Management, Financial Analysis, and Cost Accounting are correlated to pay that is above average, with boosts between 7 percent and 9 percent. At the other end of the pay range are skills like Accounting, Accounts Payable, and Project Management. 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.


Salaries of relatively inexperienced workers fall in the neighborhood of $49K, but folks who have racked up five to 10 years see a notably higher median of $54K. After working for 10 to 20 years, Project Accountants make a median salary of $55K. Veterans who have surpassed the 20-year mark may make no more than those who are navigating the mid-career stage.

Pay Difference by Location


Philadelphia is home to an above-average pay rate for Project Accountants, 24 percent higher than the national average. Project Accountants can also look forward to large paychecks in cities like San Jose (+19 percent), Los Angeles (+18 percent), New York (+16 percent), and San Francisco (+15 percent). Orlando ranks last in the field for pay, reporting salaries 10 percent below the national average. A couple other locations with smaller-than-average paychecks include Baltimore (9 percent lower) and Dallas (7 percent lower).

Related Job Salaries

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Experience Affects Project Accountant Salaries




National Average
$52,000


Skills That Affect Project Accountant Salaries





National Average
$52,000

Microsoft Excel
up arrow 1%

Accounts Receivable
up arrow 1%

Billing
up arrow 2%

Payroll Administration
up arrow 2%

Accounts Payable
up arrow 3%

Project Management
up arrow 3%

Accounting
up arrow 10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 235 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
3%
1-4 years
34%
5-9 years
26%
10-19 years
28%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 77%
vision benefits Vision: 64% employee benefits None: 12%