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Project Accounting Jobs in Indiana (NOW HIRING)

CFS

Project Accountant

Indianapolis, IN

$60/hr

You'll work closely with leadership in a lean, two-person accounting team, owning your projects end-to-end and having real visibility into the business. If you're someone who likes pace, autonomy ...

Enerfab, Inc

Project Accountant

Sullivan, IN · On-site

$100K - $120K/yr

This role plays a critical part in ensuring accurate project accounting, cost control, and financial compliance. Key Responsibilities: * Project Financial Tracking: * Maintain detailed project ...

Enerfab

Project Accountant

Sullivan, IN · On-site

$100K - $120K/yr

This role plays a critical part in ensuring accurate project accounting, cost control, and financial compliance. Key Responsibilities: * Project Financial Tracking: * Maintain detailed project ...

Maxwell Construction

Project Accountant

Lawrenceburg, IN · On-site

$55K - $72K/yr

Set up projects in the accounting/project management system, including budgets, cost codes, contract values, billing terms, retainage, and project-specific requirements. * Prepare and process owner ...

Maxwell Construction

Project Accountant

Greendale, IN

$55K - $72K/yr

Set up projects in the accounting/project management system, including budgets, cost codes, contract values, billing terms, retainage, and project-specific requirements. * Prepare and process owner ...

Maxwell Construction

Project Accountant

Greendale, IN · On-site

$55K - $72K/yr

Set up projects in the accounting/project management system, including budgets, cost codes, contract values, billing terms, retainage, and project-specific requirements. * Prepare and process owner ...

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All JobsProject Accounting JobsProject Accounting Jobs in Indiana

Project Accounting information

See Indiana salary details

$40.4K

$68.4K

$95.6K

How much do project accounting jobs pay per year?

As of Jun 27, 2026, the average yearly pay for project accounting in Indiana is $68,431.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,000.00 and $76,100.00 per year, depending on experience, location, and employer.

How much does a project accountant earn?

A project accountant's average salary varies by experience and location but typically ranges from $60,000 to $90,000 annually. Senior project accountants or those with specialized skills and certifications can earn over $100,000 per year. Compensation often includes benefits such as health insurance and retirement plans, and the role requires proficiency in accounting software and project management tools.

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 management, typically supported by a degree in accounting or finance. Familiarity with project accounting software (such as Deltek or Oracle), ERP systems, and often a CPA certification are highly valued. Strong organizational skills, attention to detail, and effective communication help ensure accurate tracking and reporting of project finances. These skills are crucial for maintaining budget compliance, supporting project success, and providing clear financial insights to stakeholders.

What does a project accountant do?

A project accountant manages financial aspects of specific projects, including budgeting, cost tracking, and financial reporting. They ensure projects stay within budget, analyze variances, and often use accounting software to monitor project financial health.

Can you make $500,000 a year as an accountant?

Project accountants and senior financial professionals with extensive experience, specialized skills, and certifications such as CPA or CMA can potentially earn $500,000 annually, especially in large corporations or consulting firms. However, such high salaries are uncommon and typically require advanced roles, leadership positions, or significant bonuses and incentives.

How does a project accountant typically collaborate with project managers and other departments to ensure accurate financial tracking?

Project accountants work closely with project managers, engineers, and procurement teams to track budgets, forecast costs, and monitor expenditures throughout a project's lifecycle. They attend regular project meetings to stay updated on progress and any scope changes that could impact the budget. Additionally, project accountants often coordinate with accounts payable and receivable departments to ensure timely processing of invoices and payments, helping to maintain accurate and up-to-date financial records for each project. This collaborative approach helps prevent cost overruns and ensures financial compliance with organizational policies.

What is project accounting?

Project accounting is a specialized form of accounting that tracks the financial progress of projects, rather than the overall company. It involves recording, analyzing, and reporting financial data specifically related to individual projects, such as budgets, costs, billing, and profitability. This enables organizations to monitor project performance, ensure financial control, and make informed decisions to keep projects on track and within budget.

Do you need a CPA to be a project accountant?

A project accountant does not typically need a CPA license, but having one can enhance credibility and career prospects. Most project accountants focus on financial management, budgeting, and reporting, often requiring a strong understanding of accounting principles and software. Certification such as CPA or CMA can be beneficial but is not usually mandatory for the role.

What is the difference between Project Accounting vs Cost Accountant?

AspectProject AccountingCost Accountant
CredentialsTypically requires a degree in accounting or finance, with certifications like CPA or CMA beneficialRequires a degree in accounting, finance, or related field; CPA or CMA often preferred
Work EnvironmentWorks on specific projects, often within construction, engineering, or consulting firmsFocuses on cost analysis, budgeting, and control within manufacturing or production settings
Industry UsageCommon in project-based industries like construction, IT, and engineeringPrevalent in manufacturing, production, and industries with cost control needs
Primary FocusTracking project costs, budgets, and profitabilityAnalyzing and controlling costs to improve financial efficiency

While both roles involve financial analysis, Project Accounting centers on managing costs and budgets for specific projects, whereas Cost Accountants focus on analyzing and controlling overall costs within an organization. Understanding these differences helps in choosing the right career path or job role.

What are the most commonly searched types of Project Accounting jobs in Indiana? The most popular types of Project Accounting jobs in Indiana are:
What are popular job titles related to Project Accounting jobs in Indiana? For Project Accounting jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Project Accounting jobs in Indiana look for? The top searched job categories for Project Accounting jobs in Indiana are:
What cities in Indiana are hiring for Project Accounting jobs? Cities in Indiana with the most Project Accounting job openings:
Project Accounting jobs near you
Project Accounting Manager

Project Accounting Manager

Simon Property Group, Inc.

Indianapolis, IN • On-site

Full-time

Posted 5 days ago

Simon Property Group rating

7.8

Company rating: 7.8 out of 10

Based on 18 frontline employees who took The Breakroom Quiz

64th of 154 rated real estate companies

Job description

Job Location:
Corporate Indianapolis
The Mixed-use Project Accounting Manager will be responsible for working closely with the project development team to ensure a thorough financial oversight of key development projects. The position will require an in depth understanding of the budget, contracts, change orders, billing process, general conditions, supporting documentation requirements, and all other aspects surrounding the financial controls, development and construction process. The position will be responsible for assisting in oversight of multiple projects. The position will work primarily with the Simon Development and Construction departments to complete its duties, but reporting oversight of the position will be through the Development Accounting department.
Responsibilities
  • Detailed understanding of the project budget to ensure proper cost coding and reporting.
  • Review all vendor, consultant, contractor agreements and associated change orders; ensure proper coding to job cost.
  • Review all invoices from vendors, contractors, and consultants to ensure amounts are billed in accordance with the related contracts and supported by the required documentation, such as conditional and unconditional lien waivers from the general contractor and the subcontractors.
  • Detailed review of the GC's monthly billing, including the review of general conditions and general requirements to ensure proper labor rates, insurance, fees, etc.
  • Track contract buyouts against the schedule of values and report on status of funds available to project management.
  • Work with the team to ensure all required estimates to complete are accounted for and reported properly utilizing the available systems.
  • Work with the Financial Reporting department to ensure proper monthly project reporting, as well as to provide recommended accruals of accounts payable.
  • Track and report on all usage of allowances and contingencies within the GC's contract, as well as the use of owner contingency.
  • Review and report on potential cost exposures as they are identified
  • Review all proposed change orders and ensure costs/exposures are captured in periodic budget updates/forecasts.
  • Update supplemental project schedules on a periodic basis to reflect actual committed costs, estimate to complete, projected final costs and forecasted savings / exposures.
  • Calculate or confirm cost allocations between project scopes, as needed.
  • Assist Financial Reporting with the preparation of any cost re-allocations that may be needed throughout the project term.
  • Preparation of funding request packages to be submitted to municipalities, banks or partners.
  • Review, calculate and coordinate tracking of sales and use tax, including preparation of support for tax accrual entries.
  • Provide assistance, when needed, to internal and external audit in relation to pre-construction audits, interim audits, and post-audits.
  • Assist project manager with the close-out process to ensure proper documentation is obtained.
  • Prepare any final vendor reconciliations/contract adjustments at closeout to ensure project has no exposures or commitments pending.
  • Ensure vendor, contractor and consultant insurance requirements are met and maintained.
  • Any other tasks required to assist in the financial oversight of the project.

Minimum Requirements
  • Bachelor's degree in accounting
  • Previous construction audit experience, as well as experience interacting with construction contractors on the owners behalf
  • Previous experiences in managing finances on construction projects
  • Understanding of general contractor billing process in relation to construction insurance, salaries, burden rates. etc.
  • Ability to travel to project sites each month, as needed
  • Self-starter, energetic, enthusiastic
  • Excellent interpersonal, written and verbal communication skills
  • Computer proficiency of Microsoft and construction industry software platforms
  • Understanding of construction processes and documents
  • Capacity to multi-task in a composed and professional manner

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