Project Accountant Salary

The average Project Accountant in the United States can expect to rake in roughly $54K annually. Overall cash earnings of Project Accountants stretch from $40K near the bottom to $72K at the top, and the heftiest packages can encompass around $5K each from bonuses and profit sharing. While the specific employer and experience level impact pay for this group, location is the most influential factor. Most Project Accountants report high levels of job satisfaction. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Most Project Accountants survey respondents are women (76 percent). The data in this summary comes from the PayScale salary survey.
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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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Project Accountants may progress into high-paying roles like Financial Controller, where median compensation is $77K annually. Project Accountants moving up in their careers tend to step into positions as Senior Accountants or Accounting Managers. The median paychecks in those roles are $6K higher and $7K higher, respectively.

Project Accountant Job Listings

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Popular Employer Salaries for Project Accountant


Popular Skills for Project Accountant


Project Accountants seem to require a rather large skill set. 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. Skills that pay less than market rate include Accounting, Accounts Payable, and Payroll Administration. The majority of those who know Accounts Receivable also know Accounts Payable and Microsoft Excel. It is often found that people who know Billing are also skilled in Microsoft Excel and Accounts Payable.

Pay by Experience Level for Project Accountant

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Respondents with less than five years' experience take home $50K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $56K. Project Accountants claiming one to two decades of experience make an estimated median of $57K. 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

National Average: $53,001

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

For Project Accountants, working in the bustling city of Boston has its advantages, including an above-average pay rate. Project Accountants can also look forward to large paychecks in cities like San Jose (+18 percent), Los Angeles (+16 percent), New York (+16 percent), and San Francisco (+12 percent). Orlando ranks last in the field for pay, reporting salaries 18 percent below the national average. Not at the bottom but still paying below the median are employers in St. Louis and Dallas (6 percent less).

Related Job Salaries

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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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