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Project Accounting Jobs in Washington (NOW HIRING)

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 ...

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 ...

Senior Manager - Accounting A large, complex government services organization is seeking a Senior Manager - Accounting to support a highly regulated, project-based operating environment. The ...

Project Accountant, Associate

Dulles, VA ยท On-site

$60K - $79K/yr

Position Summary TheAssociate Project Accountantis assignedto a smallerconstruction project(s) and ... Basic accounting knowledge * Good organization skills with high level of attention to detail * Good ...

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Project Accounting information

See Washington salary details

$48.1K

$81.5K

$113.8K

How much do project accounting jobs pay per year?

As of Jun 27, 2026, the average yearly pay for project accounting in Washington is $81,450.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,100.00 and $90,600.00 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 cities in Washington are hiring for Project Accounting jobs? Cities in Washington with the most Project Accounting job openings:
Project Accountant

Project Accountant

NTI

Rockville, MD โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 20 hours ago


Job description

Salary: $85-95K

Overview

We are seeking a detail-oriented and experienced Project Accountant to join our finance team, supporting complex construction and integration projects within the audiovisual (AV) integration industry. This role will partner closely with project managers, operations, and senior leadership to ensure accurate project financials, contract compliance, and forecasting throughout the lifecycle of AV construction and installation projects.


Responsibilities:

  • 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 revenue recognition.
  • Maintain project profitability tracking and margin analysis.
  • Review and understand project contracts, including terms for billing, retainage, and change orders.
  • Generate accurate and timely progress billings based on project milestones and contract terms.
  • Work with project managers to manage and track change orders and their financial impacts.
  • Ensure timely collection of accounts receivable and assist with resolving billing disputes.
  • Serve as the financial liaison between the finance team and project teams.
  • Collaborate with project managers to monitor budgets, forecasts, and job costing.
  • Support internal and external audits with documentation and project-level financial data.
  • Communicate financial updates and risks to leadership.
  • Contribute to process improvements related to project accounting and reporting.
  • Ensure adherence to internal controls and company policies.
  • Assist in system upgrades, ERP integrations, and report automation as needed.

Qualifications:

  • Bachelors degree in Accounting, Finance, or a related field.
  • 1+ years of experience in construction/AV integration project accounting.
  • Strong knowledge of construction contracts, job costing, and revenue recognition standards.
  • Proficiency in Excel and other financial reporting tools.
  • Excellent attention to detail, analytical thinking, and communication skills.
  • Ability to work independently and manage multiple projects and deadlines.


Benefits

  • Career Growth:Be part of a fast-growing company with ample opportunities for advancement.
  • Dynamic Environment:Work in a vibrant, fast-paced setting where your contributions make a real impact.
  • Team Spirit:Work with a team that values innovation, collaboration, and a good laugh.
  • Competitive Compensation:We offer a robust salary and benefits package that reflects your experience and commitment.
    • Competitive salary
    • Health, dental, and vision insurance options.
    • Retirement savings plan with employer match
    • Life Insurance and Disability
    • Paid time off and holidays

NTI is an organization committed to diversity and inclusion to drive its business results and to create a better future every day for its diverse employees, clients, partners and communities.We are proud to be an Equal Opportunity and Affirmative Action Employer providing opportunities to all employees and applicants without regard to race, sex, national origin, religion, age, disability, veteran status, genetic information, sexual orientation, gender identity and any other protected status in accordance with applicable law.