Project Accountant Salary

Project Accountants in the United States pull down an average of $55K annually. Cash earnings for Project Accountants — including $6K in bonuses and $5K in profit sharing proceeds near the top of the pay scale — generally stretch from $40K to $75K depending on individual performance. The most influential factor affecting pay for this group is residence, though the specific employer and tenure have a (lesser) impact as well. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Female Project Accountants make up most of the survey respondents at 76 percent. The majority of workers are highly satisfied with their job. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$41,557 - $77,317
$42K
$56K
$77K
MEDIAN: $55,807
10%
50%
90%

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$17.56 - $29.99
$18
$23
$30
MEDIAN: $22.68
10%
50%
90%

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$0$77K
Salary $41,557 - $77,317
Bonus $496.91 - $6,157
Profit Sharing $0.00 - $5,152
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).
)
$40,369 - $76,143
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 666
Hourly Data $0$45
Hourly Rate $17.56 - $29.99
Overtime $25.66 - $45.46
Annual Data $0$76K
Bonus $496.91 - $6,157
Profit Sharing $0.00 - $5,152
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).
)
$40,369 - $76,143
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 244

Find Out Exactly What You Should Be Paid

United States (change)

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

  • 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.

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. Senior Accountants or Accounting Managers are common next-step roles for Project Accountants moving up in their careers; annual pay for Senior Accountants is $5K higher on average, and it's $6K higher for Accounting Managers.

Project Accountant Job Listings

Popular Employer Salaries for Project Accountant


Turner Construction Company offers the largest salaries in town — $60K on average.

Popular Skills for Project Accountant


Project Accountants seem to require a rather large skill set. Most notably, skills in Budgeting, Budget Management, Financial Reporting, and Financial Analysis are correlated to pay that is above average. Accounting and Payroll Administration as skills, however, tend to be associated with significantly smaller paychecks. For most people, competency in Accounts Receivable indicates knowledge of Accounts Payable and Microsoft Excel.

Pay by Experience Level for Project Accountant

Pay by Experience for a Project Accountant has a positive trend. An entry-level Project Accountant with less than 5 years of experience can expect to earn an average total compensation of $50,000 based on 440 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Project Accountant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $59,000 based on 280 salaries. An experienced Project Accountant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $60,000 based on 264 salaries. A Project Accountant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $62,000 based on 103 salaries.

Pay Difference by Location

National Average: $54,634

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

Boston is home to an above-average pay rate for Project Accountants, 39 percent higher than the national average. Project Accountants can also look forward to large paychecks in cities like San Francisco (+37 percent), New York (+25 percent), Los Angeles (+9 percent), and Atlanta (+7 percent). With compensation 14 percent below the national average, Orlando is not known for hefty paychecks and actually represents the lowest-paying market. Not at the bottom but still paying below the median are employers in St. Louis and Louisville (12 percent lower and 8 percent lower, respectively).

Project Accountant Reviews

Q: What is it like working as a Project Accountant?

Project Accountant in Fairfax:
"Project Accountant Experience."
Pros: The family-like environment, flexible schedule, opportunities for training and advancement.
Cons: Uncooperative property managers and site employees.

Related Job Salaries

Key Stats for Project Accountant

Gender

Female
76 %
Male
24 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 198 votes.
Less than 1 year
4%
1-4 years
39%
5-9 years
22%
10-19 years
24%
20 years or more
11%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Project Accountant Salaries

▲14%

▲9%

▲8%

National Average
$55,000

▼9%

Skills That Affect Project Accountant Salaries

Budgeting
▲13%






National Average
$55,000

Billing
▼1%

Cost Accounting
▼1%

Microsoft Excel
▼1%

Project Coordinating
▼1%




Accounting
▼22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 198 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
4%
1-4 years
39%
5-9 years
22%
10-19 years
24%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 78%
vision benefits
Vision: 67%
no benefits
None: 11%
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