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Project Accounting Jobs in Maryland (NOW HIRING)

Project Accountant

Rockville, MD · On-site

$62K - $81K/yr

Manage project accounting for multiple construction projects simultaneously * Perform detailed job costing, cost tracking, and variance analysis * Handle project setup, including budgets, cost codes ...

Project Accountant

Rockville, MD · On-site

$62K - $81K/yr

Manage project accounting for multiple construction projects simultaneously * Perform detailed job costing, cost tracking, and variance analysis * Handle project setup, including budgets, cost codes ...

Senior Project Accountant

Rockville, MD · On-site +1

$80K - $104K/yr

Manage project accounting for multiple construction projects simultaneously * Perform detailed job costing, cost tracking, and variance analysis * Handle project setup, including budgets, cost codes ...

Senior Project Accountant

Rockville, MD · On-site +1

$80K - $104K/yr

Manage project accounting for multiple construction projects simultaneously * Perform detailed job costing, cost tracking, and variance analysis * Handle project setup, including budgets, cost codes ...

Project Accountant

Hanover, MD · On-site

$60K - $78K/yr

Project Cost Control & Financial Management Apply earned value methodologies in accordance with ... General Accounting & Month-End Close Support month-end and year-end close activities, including ...

Project Accountant

Hanover, MD · On-site

$60K - $78K/yr

Project Cost Control & Financial Management * Apply earned value methodologies in accordance with ... General Accounting & Month-End Close * Support month-end and year-end close activities, including ...

Project Accountant

Hanover, MD · On-site

$60K - $78K/yr

Project Cost Control & Financial Management * Apply earned value methodologies in accordance with ... General Accounting & Month-End Close * Support month-end and year-end close activities, including ...

Project Accountant

Hanover, MD

$60K - $78K/yr

Project Cost Control & Financial Management * Apply earned value methodologies in accordance with ... General Accounting & Month-End Close * Support month-end and year-end close activities, including ...

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 ...

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 ...

Education: Bachelor's degree in accounting preferred. * Experience: 3-5 years of accounting experience, with at least 2 years focused on progress billing, project or construction accounting.

Project Accountant

Taneytown, MD · On-site

$57K - $69K/yr

Education: Bachelor's degree in accounting preferred. * Experience: 3-5 years of accounting experience, with at least 2 years focused on progress billing, project or construction accounting.

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 ...

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Showing results 1-20

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 3, 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.

Can you make $100,000 as an accountant?

Project accountants and senior accounting roles can earn $100,000 or more annually, especially with experience, certifications like CPA, and working in large organizations or specialized industries. Entry-level positions typically have lower salaries, but with career advancement, higher earnings are achievable.

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 accounting or finance degrees and proficiency with accounting software. Certification such as CPA is optional and depends on the company's requirements and the complexity of projects handled.

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 Maryland? The most popular types of Project Accounting jobs in Maryland are:
Infographic showing various Project Accounting job openings in Maryland as of July 2026, with employment types broken down into 70% Full Time, 11% Part Time, 1% Temporary, and 18% Contract. Highlights an 72% Physical, 5% Hybrid, and 23% Remote job distribution, with an average salary of $69,796 per year, or $33.6 per hour.

Project Accountant

Cherry Bekaert

Rockville, MD • On-site

$62K - $81K/yr

Full-time

Re-posted 2 days ago


Cherry Bekaert rating

8.7

Company rating: 8.7 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

4th of 22 rated bookkeepers and accountants


Job description

Cherry Bekaert Recruiting's client is seeking an experienced and detailoriented Project Accountant to support financial management across multiple construction projects. This role is critical in ensuring accurate job costing, timely billing, and reliable project financial reporting. The ideal candidate will bring strong construction industry experience and a solid understanding of project accounting processes.
Construction industry experience is required, along with strong knowledge of job costing principles.
Key Responsibilities
  • Manage project accounting for multiple construction projects simultaneously
  • Perform detailed job costing, cost tracking, and variance analysis
  • Handle project setup, including budgets, cost codes, and contract documentation
  • Prepare monthly AIA billing and support all project billing activities
  • Assist with developing and updating project budgets and forecasts
  • Work closely with project managers to ensure timely and accurate financial reporting
  • Review and reconcile project expenses, subcontractor billings, and change orders
  • Support month-end close activities related to project financials
  • Provide documentation and analysis for internal and external audits
  • Monitor compliance with accounting policies, project controls, and contract requirements

Qualifications
  • Bachelor's degree in Accounting, Finance, or related field required
  • 3+ years of project accounting experience in the construction industry (required)
  • Strong understanding of job costing, cost accounting, and project financial cycles
  • Experience with AIA billing formats and construction billing processes
  • CPA certification a plus
  • Strong analytical and communication skills
  • Proficiency in Microsoft Excel and construction accounting software (e.g., Viewpoint, Sage, Procore, or similar)
  • Ability to manage multiple priorities and deadlines in a fast-paced environment

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