Project Accountant Salary

Pay for Project Accountants in the United States sits in the ballpark of $52K per year. Total incomes of Project Accountants incorporate potential for, in a few cases, more than $5K from bonuses and close to $5K from profit sharing; these performance components cause packages to range between $39K and $70K. Residence is the biggest factor affecting pay for this group, followed by the company and tenure. Men are in the minority of survey respondents, with female Project Accountants making up 76 percent. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. The majority of workers are highly satisfied with their job. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$39,748 - $69,654
(Median)
$40K
$52K
$70K
MEDIAN: $52,416
10%
50%
90%

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$17.06 - $27.67
(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
$39,748 - $69,654  
   
Bonus
$0.00 - $5,155  
Profit Sharing
$521 - $4,818  
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).
)
$38,920 - $70,147  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 840
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
$17.06 - $27.67  
   
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 - $5,155  
   
Profit Sharing
$521 - $4,818  
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).
)
$38,920 - $70,147  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 258
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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. A common career progression for a Project Accountant is to become an Accounting Manager or a Senior Accountant. Compared to Project Accountants, the first group earns $8K more on average, and the second group earns $7K more.

Project Accountant Job Listings

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Popular Employer Salaries for Project Accountant


Popular Skills for Project Accountant


Survey results imply that Project Accountants deploy 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. At the other end of the pay range are skills like Accounting, Project Management, and Accounts Payable. It is often found that people who know Accounts Receivable are also skilled in 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.


Workers in their first five years can expect to earn $49K, but people who have been around for five to 10 years earn a noticeably bigger sum of $54K. People with 10 to 20 years of experience make an average of about $56K in this role. Individuals who have achieved more than 20 years of experience don't seem to earn any more than people who have 10 to 20 years under their belts.

Pay Difference by Location


For Project Accountants, busy Philadelphia offers a higher-than-average pay rate, 25 percent above the national average. Project Accountants will also find cushy salaries in San Jose (+20 percent), Los Angeles (+17 percent), San Francisco (+16 percent), and New York (+16 percent). The smallest paychecks in the market, 12 percent south of the national average, can be found in Orlando. Workers in Dallas and Washington earn salaries that trail the national average for those in this profession (6 percent less).

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Experience Affects Project Accountant Salaries




National Average
$52,000


Skills That Affect Project Accountant Salaries





Microsoft Excel
0%

National Average
$52,000

Billing
up arrow 1%

Payroll Administration
up arrow 1%

Accounts Receivable
up arrow 2%

Accounts Payable
up arrow 3%

Project Management
up arrow 4%

Accounting
up arrow 9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 232 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: 77%
vision benefits Vision: 64% employee benefits None: 12%
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