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Project Accountant Salary (United States)

Pay for Project Accountants in the United States is typically around $52K annually. Total cash compensation to Project Accountants approaches anywhere from $38K on the lower end to $69K on the higher end; in exceptional cases, this can include more than $5K from bonuses and upwards of $4K from profit sharing. Geography is the biggest factor affecting pay for this group, followed by career length. The greater part enjoy medical while most get dental coverage. Vision coverage is also available to a majority. Female Project Accountants make up most of the field at 76 percent. The majority of workers are highly satisfied with their job. The numbers in this rundown were provided by PayScale's salary survey participants.
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  
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  
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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Though not the most common occurrence, Project Accountants sometimes become Financial Controllers, where the average income is $77K per year. Accounting Managers or Senior Accountants are common next-step roles for Project Accountants moving up in their careers; annual pay for Accounting Managers is $8K higher on average, and it's $7K higher for Senior Accountants.

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. At the other end of the pay range are skills like Payroll Administration, Accounting, and Accounts Payable. Those proficient in Accounts Receivable are, more often than not, also skilled in Accounts Payable. Most people familiar with Billing also know 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.
Project Accountants do not generally earn higher incomes from more experience in the field. Relatively untried employees who have less than five years' experience make $48K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $54K. For Project Accountants, 10 to 20 years of experience on the job amounts to an average salary of $55K. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $56K. Workers in this area tend to have one to nine years of experience. Experienced employees who have 10-20 years of experience make up just under a third of the workforce; inexperienced individuals who have been working for less than one year comprise less than five percent, and senior people with more than 20 years under their belt fill out the remaining less than 10 percent.

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, location is an influential factor in determining pay. Three cities in California — Los Angeles, San Jose, and San Francisco — not only offer salaries upward of the national average, but are the highest-paid American cities for those in the field. The smallest paychecks in the market, 8 percent south of the national average, can be found in Baltimore. Employers in Dallas and Orlando also lean toward paying below-median salaries (5 percent lower and 4 percent lower, respectively).

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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%