Project Accountants in the United States take home an average $55K per year. Total cash compensation to Project Accountants varies from $40K to $74K; higher pay grades include potential for bonuses and profit sharing as high as $6K each. Geography is the biggest factor affecting pay for this group, followed by the company and tenure. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Job satisfaction is reported as high by the vast majority of workers. Most Project Accountants survey respondents are women (76 percent). This report is based on responses to the PayScale salary survey.
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$40,965 - $74,040
(Median)
$41K
$55K
$74K
MEDIAN: $55,256
10%
50%
90%

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$17.69 - $29.66
(Median)
$18
$22
$30
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
$40,965 - $74,040  
   
Bonus
$396.41 - $6,090  
Profit Sharing
$0.00 - $6,143  
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).
)
$40,347 - $73,560  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 721
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$16$32$48
Hourly Rate
$17.69 - $29.66  
   
Overtime
$23.90 - $45.54  
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$32K$64K$96K
Bonus
$396.41 - $6,090  
   
Profit Sharing
$0.00 - $6,143  
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).
)
$40,347 - $73,560  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 220
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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. Project Accountants typically move into roles as Senior Accountants or Accounting Managers, and those positions pay $5K more and $6K more, respectively.

Project Accountant Job Listings

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Popular Employer Salaries for Project Accountant


Popular Skills for Project Accountant


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Budgeting, Project Coordinating, Financial Reporting, and Budget Management are correlated to pay that is above average, with boosts between 4 percent and 14 percent. Skills that seem to negatively impact pay include Accounting. The majority of those who know Accounts Receivable also 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.


For Project Accountants, experience does not seem to be a major factor in determining pay. Those in the early stages of their career can expect to make around $50K; however, individuals with five to 10 years of experience bring in $58K on average — a distinctly larger sum. For Project Accountants, 10 to 20 years of experience on the job amounts to an average salary of $59K. In the end, the overall pattern seems to be that more experience generally corresponds to higher pay; a Project Accountant with more than 20 years of experience can earn $60K on average.

Pay Difference by Location

National Average: $54,119

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

With a pay rate for Project Accountants that is 29 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Project Accountants will also find cushy salaries in Boston (+27 percent), New York (+23 percent), Houston (+9 percent), and Atlanta (+6 percent). In Orlando, salaries are 16 percent below the national average and represent the lowest-paying market. Employers also pay below the national average in Portland (13 percent lower) and Louisville (7 percent lower).

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Experience Affects Project Accountant Salaries




National Average
$54,000


Skills That Affect Project Accountant Salaries

Budgeting
up arrow 14%

Project Coordinating
up arrow 5%

Financial Reporting
up arrow 4%

Budget Management
up arrow 3%

General Ledger Accounting
up arrow 3%

Financial Analysis
up arrow 2%

Project Management
up arrow 2%

Microsoft Excel
up arrow 1%

Billing
0%

National Average
$54,000

Accounts Receivable
up arrow 1%

Cost Accounting
up arrow 1%

Accounts Payable
up arrow 2%

Payroll Administration
up arrow 3%

Accounting
up arrow 5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 171 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
3%
1-4 years
36%
5-9 years
24%
10-19 years
27%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 77%
medical benefits
Vision: 63%
dental benefits
None: 12%
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