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Project Accountant Jobs in Chicago, IL (NOW HIRING)

Project Accountant

Aurora, IL ยท On-site

$80K - $95K/yr

We are searching for Project Accountant who will serve as a key financial partner to our project management and operations teams, and who will play an active role in our ERP implementation. Build ...

Project Accountant

Calumet Park, IL ยท On-site

$55K - $71K/yr

Project Accountant LiveWire's group of growing companies is looking for a Project Accountant to join our dynamic team. The Project Accountant's primary responsibility is to support both the PM and ...

Project Accountant

Calumet Park, IL

$57K - $75K/yr

Project Accountant LiveWire's group of growing companies is looking for a Project Accountant to join our dynamic team. The Project Accountant's primary responsibility is to support both the PM and ...

Project Accountant

Calumet Park, IL ยท On-site

$57K - $75K/yr

Project Accountant LiveWire's group of growing companies is looking for a Project Accountant to join our dynamic team. The Project Accountant's primary responsibility is to support both the PM and ...

Builtech is currently seeking a Project Accountant ready to join our fast-paced and team-oriented environment. Responsibilities: * Own the monthly billing cycle for assigned projects, including ...

Project Accountant

Itasca, IL ยท On-site

$59K - $77K/yr

Oversee project billing and accounting-related tasks on all projects to which you are assigned. * Prepare billing packages to the client for both standard invoicing as well as AIA G702/703 monthly ...

Project Accountant

Chicago, IL ยท On-site

$52K - $69K/yr

Construction Project Accountant We are seeking an experienced Construction Project Accountant to manage accounts receivable, AIA billing, lien waivers, and collections across multiple active ...

Project Accountant

Itasca, IL ยท On-site

$65K - $85K/yr

We're looking for a Project Accountant who thrives in a fast-paced environment and enjoys partnering closely with operations teams to keep projects financially strong, organized, and on track. If you ...

Project Accountant

Palatine, IL ยท On-site

$75K - $90K/yr

Maintain project accounting records, including contracts, change orders, schedules of values, billing records, lien waivers, and project files. Serve as the accounting contact for assigned projects ...

Project Accountant

Joliet, IL

$59K - $77K/yr

Construction Project Accountant Joliet, IL | On-site Our client is seeking a detail-oriented Construction Project Accountant to join their team in Joliet, Illinois. In this role, you will be ...

Project Accountant

Munster, IN ยท On-site

$65K - $75K/yr

Project Accountant Munster, Indiana This position is fully on site. $65-$75K RESPONSIBILITIES: Payroll entry Complex Accounts Receivable Audit and post Accounts Payable Entry and records reporting ...

Project Accountant

Romeoville, IL ยท On-site

$62K - $81K/yr

When you join Design Group as a Project Accountant, you are joining a team that will challenge you and position you for growth. In this role, you will work with a team of industry experts to help the ...

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Project Accountant

Joliet, IL ยท On-site

$52K - $69K/yr

Construction Project Accountant (AR / AIA Billing Focus) Location: Joliet, IL Industry: Commercial Construction Employment Type: Full-Time Position Overview We are seeking an experienced Construction ...

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Project Accountant

Romeoville, IL ยท On-site

$62K - $81K/yr

When you join Design Group as a Project Accountant, you are joining a team that will challenge you and position you for growth. In this role, you will work with a team of industry experts to help the ...

Project Accountant

Romeoville, IL ยท On-site

$62K - $81K/yr

When you join Design Group as a Project Accountant, you are joining a team that will challenge you and position you for growth. In this role, you will work with a team of industry experts to help the ...

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Showing results 1-20

Project Accountant information

See Chicago, IL salary details

$43.8K

$74.1K

$103.6K

How much do project accountant jobs pay per year?

As of Aug 11, 2026, the average yearly pay for project accountant in Chicago, IL is $74,141.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,900.00 and $82,500.00 per year, depending on experience, location, and employer.

What does a project accountant do?

A project accountant manages the expenses, billing, and budget for one or more projects. In most cases, the project manager sends bills and invoices to the project accountant for approval and payment, and the accountant maintains records regarding costs and project-related expenses. As a project accountant, your duties and responsibilities include investigating billing issues and overages, as well as forecasting future costs to ensure the company can complete the project within budget. You may also be expected to file tax returns and government reports, so you need excellent writing skills. Finally, you serve as the financial gatekeeper for all aspects of the project, so you need to demonstrate trustworthiness and common sense.

What is the difference between Project Accountant vs Cost Accountant?

AspectProject AccountantCost Accountant
Primary FocusManaging project-specific financials, budgets, and reportingAnalyzing and controlling costs across departments or products
Work EnvironmentConstruction, engineering, or project-based industriesManufacturing, production, or corporate finance
Required CredentialsAccounting degree, CPA preferred, project management knowledgeAccounting or finance degree, CPA or CMA often preferred
Employer UsageConstruction firms, engineering companies, project-based organizationsManufacturers, corporations, cost analysis departments

While both roles involve accounting and financial analysis, a Project Accountant focuses on managing the financial aspects of specific projects, ensuring budgets are met and financial reports are accurate. A Cost Accountant, on the other hand, concentrates on analyzing and controlling costs across the organization to improve efficiency and profitability. Understanding these differences helps professionals choose the right career path or role based on industry and skill set.

How does a project accountant typically interact with project managers and other departments during the project lifecycle?

Project Accountants play a key liaison role, working closely with project managers to track budgets, monitor costs, and ensure financial compliance throughout each project phase. They often attend regular project meetings to provide updates on financial status and alert teams to potential budget risks. Collaboration with departments like procurement, operations, and finance is common, as Project Accountants reconcile invoices, process payments, and support accurate financial reporting. This cross-functional teamwork helps facilitate smooth project delivery and ensures all financial aspects align with organizational goals.

What are the key skills and qualifications needed to thrive as a project accountant, and why are they important?

To thrive as a Project Accountant, you need a solid background in accounting principles, financial reporting, and project cost management, typically supported by a degree in accounting or finance. Familiarity with project management software, ERP systems like SAP or Oracle, and sometimes a CPA certification are commonly required. Strong analytical thinking, attention to detail, and effective communication skills help ensure accuracy and collaboration with project teams. These skills enable precise tracking of project finances, compliance with regulations, and successful delivery of projects within budget.

What does a project accountant do?

A Project Accountant is responsible for managing the financial aspects of specific projects within an organization. They track budgets, costs, billing, and financial reporting for projects, ensuring that all financial processes comply with company policies and standards. Project Accountants work closely with project managers and other team members to monitor progress, provide financial insights, and help ensure that projects are completed within budget and on schedule. Their role is crucial for maintaining financial control and transparency throughout the project lifecycle.
What are the most commonly searched types of Project Accountant jobs in Chicago, IL? The most popular types of Project Accountant jobs in Chicago, IL are:
What are popular job titles related to Project Accountant jobs in Chicago, IL? For Project Accountant jobs in Chicago, IL, the most frequently searched job titles are:
What cities near Chicago, IL are hiring for Project Accountant jobs? Cities near Chicago, IL with the most Project Accountant job openings:
Infographic showing various Project Accountant job openings in Chicago, IL as of August 2026, with employment types broken down into 86% Full Time, 9% Part Time, and 5% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $74,141 per year, or $35.6 per hour.

Project Accountant

Peralte-Clark,LLC

Arlington Heights, IL โ€ข On-site

$40 - $55/hr

Full-time

Posted 21 days ago


Job description

POSITION OVERVIEW:
Role Summary: The Project Accountant supports the company's project accounting and billing operations, with responsibility for project setup, client invoicing, accounts receivable, accounts payable, revenue tracking, and project-related financial reporting. This role helps ensure that project accounting activities are accurate, timely, and completed in accordance with contract requirements, company policies, U.S. GAAP, Federal Acquisition Regulations (FAR), and applicable client requirements.
Reporting and Collaboration: Reporting to the Controller, the Project Accountant serves as the primary resource for day-to-day project accounting activities. This position maintains accurate financial records, provides project managers with financial and billing information, and supports process improvements that strengthen the accuracy, consistency, and efficiency of accounting operations. The Project Accountant may also assist the Controller with additional accounting tasks, such as credit card postings, journal entries, bank reconciliations, and related duties as needed.
KEY RESPONSIBILITIES:
  • Prepare client invoices in accordance with contract terms, client-specific billing requirements, and company procedures.
  • Set up and maintain project records, budgets, billing details and contract related updates.
  • Maintain accurate project billing records and support project revenue tracking, reconciliations, reporting and analysis.
  • Process subconsultant invoices, maintain related project documentation, coordinate vendor setup, and monitor required certificates of insurance and contract compliance.
  • Manage accounts receivable and accounts payable activities.
  • Provide financial and billing support to project managers and internal stakeholders as needed.
  • Perform other accounting duties and special projects as assigned by the Controller.

REQUIREMENTS:
  • KNOWLEDGE: Strong working knowledge of project accounting and billing practices, including invoicing, accounts receivable, accounts payable, reconciliations, and project revenue tracking. Knowledge of US GAAP, Federal Acquisition Regulations (FAR), and experience using Deltek products, particularly for project accounting and billing functions, is highly desirable.
  • JOB COMPLEXITY: Works on complex issues and important projects. Exercises judgment in selecting methods, techniques and evaluation criteria for obtaining results. Internal and external contacts often pertain to company plans and objectives. May provide consultation and advice to management regarding matters of importance to the functional area.
  • SUPERVISION: Works under the general direction of the Controller and is expected to independently manage day-to-day project accounting, billing, accounts payable, and accounts receivable responsibilities. Exercises independent judgment in resolving routine accounting matters and collaborate with the Controller on complex or non-routine issues.
  • EXPERIENCE: Typically requires a minimum of 8 years of related experience, including at least 3 years of project billing experience in a civil engineering environment with clients subject to Federal Acquisition Regulations. Experience with IDOT, CDOT, Tollway and County DOT billing processes and procedures is a plus. Experience using Excel and Delek Ajera for project accounting and billing functions is highly desired. A bachelor's degree or 4-6 years of equivalent experience is required.