What does a Project Accountant do?

Project accountants provide financial support, guidance, and oversight for specific business projects. They are typically involved in the financial aspects at all phases of the project lifecycle. They oversee any necessary pre-authorizations or approvals. They review, verify, and process all invoices and purchase orders. They also review and process expense and mileage reports and payments for vendors and contractors, and ensure all necessary tax paperwork is completed. They prepare expenditure reports with detailed supporting documentation, if needed, and compile final report summaries.

Project accountants typically have a bachelor’s degree in accounting, finance, or a related field. They should be proficient with major accounting software programs, along with office programs such as Excel. Familiarity with standard billing protocol and processes is expected, and strong project management skills are required.

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Average Years of Experience

0 - 1
17%
2 - 4
61%
5 - 7
14%
8+
8%

Common Skill Sets

Microsoft Office Suite
Microsoft EXCEL
Excellent Organizational
Powerpoint
Microsoft Word
Strong WORK Ethic
GAAP
Customer Oriented

Project Accountant Seniority Levels

Management Accountant
16% made the transition
Accountant
80% made the transition
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Project Accountant Salaries

Average Base Pay

$63,907 /yr
Same as national average
Not including cash compensation
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$48K
Median: $64K
$86K
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Glassdoor Estimated Salary

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