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Project Accountant Salary

An average Project Accountant in the United States can expect to take home roughly $52K annually. Total cash earnings of Project Accountants range from $39K on the low end to $70K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $5K and $4K, respectively. The most important factor affecting compensation for this group is geographic location, followed by the specific employer and years of experience. Most Project Accountants report high levels of job satisfaction. Female Project Accountants make up most of the survey respondents at 76 percent. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The information for this snapshot was generated by responses to the PayScale salary survey.
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$39,673 - $69,572
(Median)
$40K
$52K
$70K
MEDIAN: $52,358
10%
50%
90%

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$17.03 - $27.47
(Median)
$17
$22
$27
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
$39,673 - $69,572  
   
Bonus
$0.00 - $5,148  
Profit Sharing
$513 - $4,162  
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).
)
$38,833 - $70,034  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 815
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
$17.03 - $27.47  
   
Overtime
$24.27 - $40.97  
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 - $5,148  
   
Profit Sharing
$513 - $4,162  
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).
)
$38,833 - $70,034  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 254

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United States (change)


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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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Project Accountants who advance into the role of a Financial Controller are fairly uncommon. Financial Controllers on average earn $77K per year. 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 deep pool of skills on the job. Most notably, skills in Financial Reporting, Budget Management, Financial Analysis, and Cost Accounting are correlated to pay that is above average, with boosts between 6 percent and 9 percent. Skills that are correlated to lower pay, on the other hand, include Accounting, Accounts Payable, and Project Management. 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.


Survey participants with less than five years' experience pocket $49K on average, but those with five to 10 years of experience enjoy a much bigger median of $54K. Project Accountants bring in $56K after working for 10 to 20 years. Project Accountants who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $55K.

Pay Difference by Location


For Project Accountants, Philadelphia provides a pay rate that is 25 percent greater than the national average. Project Accountants can also look forward to large paychecks in cities like San Jose (+20 percent), Los Angeles (+18 percent), New York (+16 percent), and San Francisco (+14 percent). The lowest-paying market is Orlando, which sits 15 percent below the national average. Employers pay around 9 percent less in Baltimore and 7 percent less in Dallas, below-median salaries for those in this field.

Related Job Salaries

United States (change)

Experience Affects Project Accountant Salaries




National Average
$52,000


Skills That Affect Project Accountant Salaries





National Average
$52,000

Microsoft Excel
up arrow 1%

Payroll Administration
up arrow 1%

Billing
up arrow 2%

Accounts Receivable
up arrow 2%

Accounts Payable
up arrow 3%

Project Management
up arrow 3%

Accounting
up arrow 9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 233 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%
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