A Project Accountant with Cost Accounting skills earns an average salary of AU$88,570 per year. Most people move on to other jobs if they have more than 20 years' experience in this career. Experience has a moderate effect on pay for this job.
|Salary||AU$61,191 - AU$128,410|
|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).)
|AU$63,371 - AU$129,583|
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.Read More...
Project accountants typically work indoors in an office setting, but may spend time outdoors at various job sites. Their work is largely mental and requires very little, if any, physical labor. Project accountants typically work during regular business hours, though special projects near completion may require longer hours on nights or weekends. Project accountants work with a variety of colleagues within their own company and outside it. They may obtain information from project managers, call suppliers for pricing and billing concerns, and give instructions to team members to keep projects within budget. Good oral and written communication skills are essential for any project accountant candidate.
Many types of company employ project accountants, from construction companies to engineering firms. An accounting background is needed in this profession, and a bachelor's degree in accounting is strongly recommended. Some employers may require a higher degree, such as a master's of business administration (MBA). Proficiency with accounting software such as Microsoft Excel is required. (Copyright 2018 PayScale.com)
Project Accountant Tasks
- Generate and interpret financial records and statements for management.
- Collaborate with project management team.
- Analyze and report on financial project administration; profitability, utilization, budgets, and accruals.
- Ensure compliance with state and federal regulations.
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