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Project Accounting Jobs in Minnesota (NOW HIRING)

Project Accountant

Eden Prairie, MN · On-site

$62K - $81K/yr

Collaborate with project manager on accounting aspects of the project from proposal to close out * Validate project proposals, project PO, and internal project setup documents are complete and ...

Project Accountant

Eden Prairie, MN

$62K - $81K/yr

Collaborate with project manager on accounting aspects of the project from proposal to close out * Validate project proposals, project PO, and internal project setup documents are complete and ...

Project Accountant

Saint Paul, MN · On-site

$75K - $98K/yr

Project Accounting * Oversee all financial aspects of assigned construction projects, including AP/AR Invoice Processing, Budgeting, Forecasting, Cost Control and Financial Analysis. * Prepare and ...

This individual will serve as the key liaison from the Finance and Accounting department to the project team. RESPONSIBILITIES * Review construction contract requirements for assigned projects ...

Coordinate with project accounting staff to ensure invoices are submitted per established timelines and contractual requirements * Audit project management reports for financial impacts and ...

Project Controls Analyst

Plymouth, MN · On-site

$65K - $95K/yr

Coordinate with project accounting staff to ensure invoices are submitted per established timelines and contractual requirements * Audit project management reports for financial impacts and ...

Project Controls Analyst

Woodbury, MN · On-site

$65K - $95K/yr

Coordinate with project accounting staff to ensure invoices are submitted per established timelines and contractual requirements * Audit project management reports for financial impacts and ...

Senior Accountant | $85K-$100K | Mainly Remote

Eagan, MN · Hybrid

$75K - $94K/yr

Manage accounting responsibilities related to lease accounting, project accounting, and other key balance sheet areas * Support financial reporting and management reporting processes * Partner with ...

Senior Accountant | $85K-$100K | Mainly Remote

Eagan, MN · Hybrid

$75K - $94K/yr

Manage accounting responsibilities related to lease accounting, project accounting, and other key balance sheet areas * Support financial reporting and management reporting processes * Partner with ...

... project accounting, and other key accounting functions • Collaborate with business partners across multiple departments • Help identify opportunities to streamline processes and improve ...

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Project Accounting information

See Minnesota salary details

$41.6K

$70.4K

$98.4K

How much do project accounting jobs pay per year?

As of Jun 24, 2026, the average yearly pay for project accounting in Minnesota is $70,434.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,700.00 and $78,400.00 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 Minnesota? The most popular types of Project Accounting jobs in Minnesota are:
What are popular job titles related to Project Accounting jobs in Minnesota? For Project Accounting jobs in Minnesota, the most frequently searched job titles are:

$62K - $81K/yr

Full-time

Posted 18 days ago


Job description

Wunderlich-Malec Engineering (WM) is 100% employee-owned and one of the largest and most well-established engineering companies in the United States. When you join WM you become part of a company that is:

  • 100% employee-owned with 40+ years of industry history
  • A Top 5 Systems Integrator Giant
  • ENR Top 500 Firm

We have a Project Accountant position available in our Eden Prairie, MN office. This person will collaborate closely with project managers to manage the financial aspects of projects from proposal to close-out.

Position Summary

The Project Accountant collaborates closely with project managers to manage the financial aspects of projects from proposal to close-out. Responsibilities include setting up and maintaining project accounts, preparing and submitting client invoices, and conducting regular project reviews to ensure accurate billing, cost tracking, and financial reporting. This role also handles project-related purchase orders, accounts receivable, collections, and compliance with tax regulations. Strong analytical skills, attention to detail, and the ability to manage multiple priorities are essential for success in this position.

Essential Duties and Responsibilities

All areas of responsibility listed below are essential to the satisfactory performance of this position, with reasonable accommodation, if necessary. Any non-essential functions are assumed to be included in “other related duties as assigned”:

  • Collaborate with project manager on accounting aspects of the project from proposal to close out
  • Validate project proposals, project PO, and internal project setup documents are complete and accurate
  • Set up and maintain client projects within the project accounting system to ensure accurate billing and financial reporting
  • Understand types of billing and the specifics of how the information on the invoice should be presented to the client (i.e. cost-plus, cost-plus-to-a-max, lump-sum)
  • Prepare, review, and submit client invoices on a timely and accurate basis
  • Review and approve project-related vendor purchase orders and invoices
  • Conduct frequent project reviews to include validating estimated cost-to-complete calculations, month-end over/under WIP, and project variances
  • Understand multi-company project postings for revenue and expense
  • Responsible for project account receivables and collections; researching and resolving cash receipt discrepancies
  • Understand U.S. sales tax laws as they pertain to professional services and project materials sold
  • Close out projects upon completion assuring projects have been billed to the extent possible and commitments have been resolve

Qualifications/Requirements

  • Strong problem-solving skills and attention to detail
  • Ability to work and interact effectively with customers and co-workers
  • Self-motivated and able to work independently
  • Excellent organizational and time management skills to prioritize and manage multiple responsibilities simultaneously
  • Proven attention to detail and strong math skills a must
  • Ability to “think outside the box” and exercise independent judgment
  • Excellent communication and people skills
  • Confident presentation, communication and interpersonal skills

Education/Experience

  • Associate Accounting degree is preferred
  • Two to three years of direct experience in project accounting, including accounting procedures, monthly billings, A/R, and revenue recognition
  • Required software experience in Microsoft Office Suite and Adobe, and a basic understanding of ERP Systems
  • Equivalent relevant education + experience may be considered

Supervisory Responsibilities This position has no supervisory responsibilities

Work Conditions The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

  • Office Work:
    • Office desk/cubicle environment
    • Extensive computer use

Our People

  • Empowered Individuals – Employee owned, we are able to hire the best and empower them to develop and deliver solutions
  • Rewarded & Motivated – Investing in continuing education and world-class benefits keeps our staff motivated
  • Positive Attitudes – Dedicated experts are committed in the long-run and bring a positive, can-do attitude to your project
  • Knowledgeable – Recognized industry experts reinforced with ongoing training remain knowledgeable on the latest industry trends and directions

*Job Descriptions are not exhaustive lists of all skills, responsibilities, or efforts associated with a job. They reflect principal job elements essential for performing the job and evaluating performance.

Wunderlich-Malec is proud to offer a comprehensive employee-owner benefit package. Full-time employees may be eligible for the following benefits: Medical • Dental • Vision • Basic and Supplemental Life and AD&D • Long Term Disability • Voluntary Short Term Disability • Healthcare & Dependent Care Flexible Spending Accounts • Health Savings Account • Paid Time Off (PTO) • Paid Holidays • Tuition Reimbursement • Referral Bonus Program • 401(k)/Profit Sharing • 100% ESOP (Employee Stock Ownership Plan) • Employee Assistance Program • Will Preparation Resources • Worldwide Travel Assistance.

Salary Range The expected salary rate is $65,000 to $75,000 base per year depending on skillset and qualifications plus a discretionary bonus and employee stock program

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