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Project Accounting Jobs in Minnesota (NOW HIRING)

Project Accountant

Eden Prairie, MN ยท 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 ยท 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 ยท 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 ...

Project Accountant

Minneapolis, MN ยท On-site

$30 - $35/hr

Create project accounts in the accounting system. * Maintain project-related records, including contracts and change orders. * Coordinate with Project Team to reflect changes in project scope or ...

Project Accountant

Minneapolis, MN ยท On-site

$30 - $35/hr

Create project accounts in the accounting system. * Maintain project-related records, including contracts and change orders. * Coordinate with Project Team to reflect changes in project scope or ...

Project Controls Analyst

Plymouth, MN ยท 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

Minneapolis, MN ยท 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 ยท 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 ...

Our design staff includes electrical, software, mechanical engineers, and project managers. Our ... The Accounting Manager position has a critical role within CCI. In addition to overseeing the day ...

Accounting Manager

Minneapolis, MN ยท On-site

$100K - $125K/yr

Partner with adjacent functions within the Payroll, Project Accounting, and FP&A departments. * Maintain the integrity of financial systems, chart of accounts, and accounting master data. * Drive ...

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Showing results 1-20

Project Accounting information

See Minnesota salary details

$41.6K

$70.4K

$98.4K

How much do project accounting jobs pay per year?

As of Jul 15, 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.

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 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:
Infographic showing various Project Accounting job openings in Minnesota as of July 2026, with employment types broken down into 86% Full Time, 8% Part Time, 1% Temporary, and 5% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $70,434 per year, or $33.9 per hour.
Senior Project Accountant

Senior Project Accountant

McGough Construction

Saint Paul, MN โ€ข On-site

$79K - $103K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago


Job description

McGough is a respected partner that brings six generations of experience to high profile, unique and complex construction projects. We take great pride in our people and their extraordinary expertise in planning, development, construction and facility management. McGough employee tenure reflects the commitment and pride we share in our work. Ask anyone who knows us - the caliber of our people sets us apart.
POSITION DESCRIPTION
The Senior Project Accountant partners with project teams to provide accurate, timely, and insightful financial reporting, analysis, and guidance throughout the lifecycle of assigned construction projects. This role is responsible for overseeing all project accounting activities-from project setup and preconstruction through project closeout-while ensuring financial transactions are accurate, compliant, and aligned with company policies, contractual requirements, and accounting standards.
Serving as a trusted advisor to Project Managers and operational leaders, the Senior Project Accountant exercises independent judgment in reviewing and interpreting financial information, resolving complex accounting issues, identifying financial risks, and recommending solutions that support sound business decisions. In addition to managing project financial performance, this position mentors Project Accountants and contributes to continuous improvement initiatives within the Accounting and Finance teams.
QUALIFICATIONS
Required
4-7+ years of accounting or finance experience.
Strong understanding of accounting principles, financial reporting, and account reconciliation.
Advanced proficiency in Microsoft Office applications, with an emphasis on Microsoft Excel.
Demonstrated ability to organize multiple priorities, meet deadlines, and work effectively in a fast-paced environment.
Excellent analytical, problem-solving, and decision-making skills.
Strong written and verbal communication skills.
High degree of accuracy, attention to detail, and professional judgment.
Ability to work independently while collaborating effectively with cross-functional teams.
Preferred
7+ years of accounting or finance experience
Construction Industry experience
Bachelor's Degree in Accounting or Business
Skills
Excellent analytical, problem-solving, and decision-making skills.
Strong written and verbal communication skills.
High degree of accuracy, attention to detail, and professional judgment.
Ability to work independently while collaborating effectively with cross-functional teams.
Demonstrates strong financial and analytical acumen by interpreting project financial data and providing meaningful business insights.
Applies sound judgment to evaluate financial issues, identify risks, and recommend practical solutions.
Communicates financial information clearly and professionally to project teams, leadership, and business partners.
Builds collaborative relationships and serves as a trusted financial resource for project managers and operational teams.
Maintains exceptional attention to detail while producing accurate, timely, and high-quality work.
Effectively manages multiple priorities and consistently meets deadlines in a dynamic environment.
Demonstrates initiative, accountability, and the ability to work independently with minimal supervision.
Maintains proficiency with Microsoft Office applications and adapts quickly to new technologies and accounting systems.
Models professionalism, integrity, confidentiality, and a commitment to outstanding internal customer service.
Coaches and mentors team members by sharing knowledge, providing guidance, and supporting professional development.
    RESPONSIBILITIES AND TASKS
    Project Financial Management

Manage all project accounting activities from project setup through final closeout for assigned construction projects.
Review and monitor project financial performance, including budgets, costs, billings, cash flow, committed costs, and profitability.
Prepare, analyze, and distribute accurate financial reports to project teams and leadership.
Review project financial activity for accuracy, completeness, and compliance with company policies and accounting standards.
Identify financial risks, unusual trends, or discrepancies and recommend corrective actions.
    Financial Analysis & Business Partnership

Serve as the primary accounting partner for assigned Project Managers and operational leaders.
Provide financial guidance to support project planning, forecasting, and decision-making.
Analyze project performance and explain budget variances, cost trends, and financial results.
Assist project teams with contract interpretation as it relates to financial requirements, billing, retainage, and change orders.
Collaborate with Operations and Finance to improve project financial performance and reporting accuracy.
    Leadership & Team Development

Mentor and provide guidance to Project Accountants, supporting technical development and knowledge sharing.
Assist with onboarding and training new team members.
Lead department meetings or project accounting discussions in the absence of the Accounting Manager.
Serve as a subject matter resource for project accounting processes and best practices.
    Continuous Improvement & Professional Contribution

Participate in Accounting and Finance department initiatives focused on process improvement and operational excellence.
Support Lean construction principles and continuous improvement efforts that enhance efficiency and service delivery.
Foster positive relationships with project teams by delivering responsive, value-added financial support.
Attend required company meetings, training sessions, and professional development opportunities.
Follow established company policies, procedures, and ethical standards.
Perform other duties and special projects as assigned.
    OFFICE AND TRAVEL
    Works in corporate office with potential for national travel.
    PHYSICAL REQUIREMENTS
    The physical demands outlined here are representative of those required for an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions. This position requires prolonged periods of sitting at a workstation or during meetings and travel (by plane or car). The employee must be able to lift up to 20 pounds as needed, demonstrate dexterity to write and use a computer keyboard and mouse, and possess the ability to hear, speak clearly, and distinguish colors on graphs and charts. The role also requires occasional visits to construction sites, where the employee may be exposed to dust, dirt, uneven surfaces, outdoor weather conditions, and extreme temperatures.
    In alignment with our commitment to pay transparency, the base salary range for this position is $90,400-112,500, excluding fringe benefits or potential bonuses. If you join McGough, your final base salary will be determined by several factors, including geography, location, skills, education, and experience. Furthermore, we place significant value on pay equity among our current team members as part of any final job offer.
    Please note that the range provided above reflects the hiring range for this role. Hiring near the top end of this range would be atypical, as we aim to allow room for future salary growth. Additionally, McGough offers a comprehensive compensation and benefits package. This includes insurance coverage for medical, dental, vision, life, and disability. We also provide generous retirement plans, voluntary benefit plans, parental leave, substantial paid time off, and holiday pay.
    #IND-PC

Accessibility: If you need an accommodation as part of the employment process please contact Human Resources at
Email: HR@mcgough.com
Equal Opportunity Employer, including disabled and veterans.
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