Project Accountant Salary (United States)

Project Accountants in the United States typically take home $50,974 annually. The top of the range reaches $68,677 per year, and the bottom approaches $38,127. Total cash compensation approaches anywhere from $39,051 on the lower end to $68,003 on the higher end; in exceptional cases, this can include more than $5,143 from bonuses and upwards of $4,077 from profit sharing. Geography and years of experience each impact pay for this group, with the former having the largest influence. Most workers in this profession enjoy health benefits; medical and dental coverage is claimed by most, and a majority earn vision coverage. Female Project Accountants make up most of the field at 76 percent. Most Project Accountants like their work and job satisfaction is high. This synopsis is derived from the responses of individuals who took PayScale's salary survey.
Project Accountant Salary (?
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.
)
$39,051 - $68,003
(Median)
39K
45K
52K
60K
68K
MEDIAN: $51,526
10%
25%
50%
75%
90%
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Project Accountant Salary (?
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.
)
$16.40 - $27.55
(Median)
16
21
25
28
MEDIAN: $21.00
10%
50%
75%
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$23K$46K$69K
Salary
$39,051 - $68,003  
   
Bonus
$0.00 - $5,143  
Profit Sharing
$592 - $4,077  
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).
)
$38,127 - $68,677  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 700
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
$16.40 - $27.55  
   
Overtime
$23.94 - $40.66  
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 - $5,143  
   
Profit Sharing
$592 - $4,077  
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).
)
$38,127 - $68,677  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 227
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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 transition into Financial Controllers are seldom found, but they do earn an extra $26K per year. Project Accountants moving up in their career tend to step into positions as Accounting Managers or Senior Accountants, where paychecks increase by $7,989 or $6,956 per year.

Project Accountant Job Listings

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Popular Skills for Project Accountant

Survey results suggest that Project Accountants put a wide range of professional skills to use. Most notably, skills in Financial Reporting, Budget Management, Cost Accounting, and Financial Analysis are correlated to pay that is above average, with boosts of 11 percent, 10 percent, 9 percent, and 9 percent, respectively. Skills that seem to negatively impact pay include Payroll Administration, Accounting, and Accounts Payable. Most people who know Billing also know Microsoft Excel and Accounts Payable. Those familiar with Accounts Receivable also tend to know Accounts Payable.

Pay by Experience Level for Project Accountant

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Project Accountants with less experience do not necessarily bring home smaller paychecks. In fact, experience in this field tends to have little impact on salary. After five to 10 years, starting salaries jump from $48K to $55K. Salary comes to $55K after 10 to 20 years. Wages continue to grow, though somewhat marginally, for Project Accountants after 20 years in the field, and salaries border $56K. Experienced employees who have 10-20 years of experience make up 28 percent of the workforce; inexperienced individuals who have been working for less than one year comprise less than five, and senior people with more than 20 years under their belt fill out the remaining less than 10. A majority of the workforce has between one and nine years of experience.

Pay Difference By Location

Los Angeles
up arrow 23%
San Jose
up arrow 20%
up arrow 16%
San Diego
up arrow 12%
up arrow 9%
up arrow 4%
up arrow 4%
Boston
up arrow 4%
up arrow 1%
National Average
$51,000
Washington
up arrow 2%
Louisville
up arrow 2%
Orlando
up arrow 4%
up arrow 5%
Baltimore
up arrow 8%
Larger circles over a city indicate a job is popular in that location.
For Project Accountants, top-notch salaries can be found in California: Los Angeles, San Jose, and San Francisco offer exceptional salaries—better than the national average for those in this field and higher than any other city in the United States. Falling short of the national average by 8 percent, the area with the worst salaries is Baltimore. Workers in Dallas and Orlando earn salaries that trail the national average for those in this profession (-5 percent and -4 percent).

Related Job Salaries

Experience Affects Project Accountant Salaries

National Average
$51,000

Skills That Affect Project Accountant Salaries

National Average
$51,000
Microsoft Excel
up arrow 1%
Billing
up arrow 1%
Accounts Receivable
up arrow 1%
Accounts Payable
up arrow 4%
Accounting
up arrow 8%
Payroll Administration
up arrow 11%

Job Satisfaction

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

Gender

Female
76%
female alumni
 
Male
24%
male alumni

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: 87% dental benefits Dental: 78%
vision benefits Vision: 64% employee benefits None: 11%
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