Project Accountant Salary

Project Accountants in the United States can expect to earn an average of $54K per year. With some bonuses and profit sharing proceeds approaching $5K each, total incomes of Project Accountants generally range from $40K to $72K depending on individual performance. Geographic location is the main element affecting pay for this group — the company and tenure are driving factors as well. Most Project Accountants survey respondents are women (76 percent). Most Project Accountants like their work and job satisfaction is high. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half. The numbers in this rundown were provided by PayScale's salary survey participants.
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$40,441 - $71,750
(Median)
$40K
$54K
$72K
MEDIAN: $53,659
10%
50%
90%

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$17.49 - $28.73
(Median)
$17
$22
$29
MEDIAN: $22.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25K$50K$75K
Salary
$40,441 - $71,750  
   
Bonus
$0.00 - $5,149  
Profit Sharing
$508 - $5,051  
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).
)
$39,775 - $72,016  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 991
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$15$30$45
Hourly Rate
$17.49 - $28.73  
   
Overtime
$24.66 - $43.23  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30K$60K$90K
Bonus
$0.00 - $5,149  
   
Profit Sharing
$508 - $5,051  
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).
)
$39,775 - $72,016  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 291
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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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For Project Accountants, progressing to a Financial Controller role may result in a significant raise. On average, a Financial Controller can earn $77K annually. It is quite typical for Project Accountants to transition into roles as Senior Accountants or Accounting Managers, where reported median earnings are $6K and $7K 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 deep pool of skills on the job. Most notably, skills in Budgeting, Project Management, Project Coordinating, and Financial Reporting are correlated to pay that is above average, with boosts between 11 percent and 16 percent. At the other end of the pay range are skills like Accounting, Accounts Payable, and Payroll Administration. Most people experienced in Billing also know 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.


Survey participants with less than five years' experience pocket $50K on average, but those with five to 10 years of experience enjoy a much bigger median of $56K. Project Accountants bring in $57K after working for 10 to 20 years. Folks who have racked up more than 20 years in the field report incomes that aren't higher than less experienced individuals' earnings.

Pay Difference by Location

National Average: $53,001

Larger city markers indicate a job is popular in that location.

Project Accountants will find that Boston offers an impressive pay rate, one which exceeds the national average by 28 percent. Project Accountants will also find cushy salaries in San Jose (+18 percent), Los Angeles (+16 percent), New York (+16 percent), and San Francisco (+12 percent). Trailing the national average by 18 percent, Orlando is the market with the smallest paychecks. A couple other locations with smaller-than-average paychecks include St. Louis and Dallas (6 percent lower).

Related Job Salaries

United States (change)

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Experience Affects Project Accountant Salaries




National Average
$53,000


Skills That Affect Project Accountant Salaries

Budgeting
up arrow 16%

Project Management
up arrow 12%

Project Coordinating
up arrow 11%




Cost Accounting
up arrow 4%

National Average
$53,000

Billing
up arrow 1%

Microsoft Excel
up arrow 1%

General Ledger Accounting
up arrow 1%

Accounts Receivable
up arrow 2%

Payroll Administration
up arrow 3%

Accounts Payable
up arrow 4%

Accounting
up arrow 5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 247 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
3%
1-4 years
35%
5-9 years
24%
10-19 years
29%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 76%
medical benefits
Vision: 65%
dental benefits
None: 12%
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