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Project Accounting Jobs in Maryland (NOW HIRING)

Systek

Accounting Analyst

Hanover, MD · On-site

$59K - $77K/yr

ACCOUNTING ANALYST The Accounting Analyst provides financial and project accounting support for Federal Government and Department of Defense (DoD) contracts and corporate operations. This role is ...

NTI

Project Accountant

Rockville, MD · On-site

$62K - $81K/yr

Manage project cost accounting for multiple construction projects. * Track and analyze actual costs vs. budget, identifying variances and trends. * Prepare monthly WIP (Work in Progress) reports and ...

NTI

Assistant Project Accountant

Rockville, MD · On-site

$62K - $81K/yr

Manage project cost accounting for multiple construction projects. * Track and analyze actual costs vs. budget, identifying variances and trends. * Prepare monthly WIP (Work in Progress) reports and ...

Gilbane Building Company

Project Accountant

Baltimore, MD · On-site

$60K - $79K/yr

Project Accountant Job Locations US-MD-Baltimore Requisition ID 2026-12659 Category Accounting and ... Bachelor's degree in Accounting, Finance, Business, or a related field * 0-8 years of experience

Southland Industries

Sr. Project Accountant

Brandywine, MD · On-site

$90K - $117K/yr

Position Summary The Senior Project Accountant is responsible for coordinating all phases of the ... Excellent accounting knowledge * Excellent organization skills with high level of attention to ...

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All JobsProject Accounting JobsProject Accounting Jobs in Maryland

Project Accounting information

See Maryland salary details

$41.2K

$69.8K

$97.5K

How much do project accounting jobs pay per year?

As of Aug 24, 2026, the average yearly pay for project accounting in Maryland is $69,796.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,200.00 and $77,600.00 per year, depending on experience, location, and employer.

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.

What are the key skills and qualifications needed to thrive as a project accountant?

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.

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 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.

Is project accounting a stressful job?

Project accounting can be stressful due to tight deadlines, budget management, and the need for accuracy in financial reporting. It often requires strong organizational skills, attention to detail, and the ability to handle multiple projects simultaneously. However, workload and stress levels vary depending on the organization and project complexity.

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.

What are the most commonly searched types of Project Accounting jobs in Maryland?

The most popular types of Project Accounting jobs in Maryland are:

Project Accounting jobs near you
Infographic showing various Project Accounting job openings in Maryland as of August 2026, with employment types broken down into 85% Full Time, 11% Part Time, and 4% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $69,796 per year, or $33.6 per hour.

Associate, Project Accounting

HITT Contracting, Inc.

Baltimore, MD • Hybrid

$67K - $87K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 10 days ago

Job description

Every day, our team members do amazing things in pursuit of our shared purpose to build trust with our clients, partners, subcontractors, and teammates. No matter your background, education, or career path, if you share our vision to create extraordinary experiences, you belong at HITT.

Associate, Project AccountingJob Description:

HITT is looking for an experienced Project Accounting Associateto join our team. This is a great opportunity for a strong individual to contribute in a key role within our accounting team.

Please note: This position is based at a HITT project site in Baltimore, Maryland, four days per week, with one hybrid day.

Responsibilities

  • Responsible for hands-on job cost accounting for multiple projects to include Subcontractor AP processing, Client invoicing, and budgeting

  • Maintain detailed knowledge of all costs related to each project

  • Actively involved with Project Management team to ensure they get the direction/support needed

  • Ensure existing Project Accounting and all Company Policies and Procedures are effectively communicated and enforced

  • Be aggressive, but tactful, in communicating/discussing/resolving accounting related problems with team, striving to correct problems in a timely manner

  • Actively monitor projects from a risk management perspective and elevate as needed

Qualifications

  • Bachelor's Degree or equivalent work experience required

  • 2-5 years Construction or project-related accounting desired

  • Must be a self-starter, highly motivated, and able to work independently.

  • Ability to multi task

  • Able to prioritize while working in a fast paced environment. Detail, rule and goal oriented

  • Proficient in Microsoft Office and exposure to ERP systems or comparable business software. JD Edwards experience a plus.

  • Strong written and verbal communication skills

  • Ability to balance speed with quality of results (we require both)

  • Detail oriented, organized, and disciplined

  • Friendly, courteous, and positive in nature


In accordance with Virginia Senate Bill 215 (SB 215), the base salary range for this position is:


$67,000.00 - $87,000.00

Compensation in other cities and states may vary. HITT Contracting offers a competitive total benefits and compensation package including performance-based bonuses, premium health care coverage including vision and dental, employer-matched 401(k), wellness reimbursement program, paid holidays and time-off, and other voluntary benefits and leave types. The determination of salary is based on the candidate's individual professional experience, qualifications, education, skills, and training.

HITT Contracting is an equal opportunity employer. We are committed to hiring and developing the most qualified individuals based on job-related experience, skills, and merit. All employment decisions are made without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other protected characteristic. We value a respectful, inclusive workplace where everyone has the opportunity to succeed. HITT Contracting maintains a drug-free workplace, consistent with applicable local, state, and federal laws.

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