Project Accountant Salary

Average Project Accountants in the United States make around $53K annually. Total cash earnings of Project Accountants range from $39K on the low end to $71K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $5K and $5K, respectively. Earnings for this group are mostly affected by residence, followed by the specific employer and years of experience. Most Project Accountants like their work and job satisfaction is high. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Female Project Accountants make up most of the survey respondents at 75 percent. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$40,001 - $70,065
(Median)
$40K
$53K
$70K
MEDIAN: $52,652
10%
50%
90%

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$17.12 - $27.59
(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
$40,001 - $70,065  
   
Bonus
$0.00 - $5,215  
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).
)
$39,182 - $70,659  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 848
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
$17.12 - $27.59  
   
Overtime
$24.39 - $41.50  
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 - $5,215  
   
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).
)
$39,182 - $70,659  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 261
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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 Project Accountants do not often become Financial Controllers, the job pays $77K per year on average. It is quite typical for Project Accountants to transition into roles as Accounting Managers or Senior Accountants, where reported median earnings are $8K and $6K higher per year.

Project Accountant Job Listings

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Popular Employer Salaries for Project Accountant


Popular Skills for Project Accountant


Project Accountants report using a large range of skills on the job. Most notably, skills in Financial Reporting, Project Management, Budget Management, and Financial Analysis are correlated to pay that is above average, with boosts in pay of 8 percent. Skills that seem to negatively impact pay include Accounting and Accounts Payable. Those proficient in Billing are, more often than not, also skilled in Microsoft Excel and Accounts Payable. Those familiar with Accounts Receivable also tend to 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. The average pay reported by folks with 10 to 20 years of experience is around $56K. 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


San Jose, San Francisco, and Los Angeles — each tucked away in California — boast salaries above the national rate for Project Accountants, making this state top of the list for those looking to make even more money in this profession. The lowest-paying market is Orlando, which sits 13 percent below the national average. Workers in Dallas and Washington earn salaries that trail the national average for those in this profession (6 percent less and 5 percent less, 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 9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 232 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
3%
1-4 years
36%
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%
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