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Project Accounting Jobs (NOW HIRING)

Project Accounting Manager Department: Accounting Employment Type: Full Time Location: Orlando, FL Description DRMP Accounting team is looking for a Project Accountant Manager to join their growing ...

Director, Project Accounting

Lisle, IL ยท On-site

$150K - $220K/yr

Farnsworth Group is seeking a Director of Project Accounting. This is a senior-level leader responsible for overseeing all project accounting operations across the firm's architecture, engineering ...

Farnsworth Group is seeking a Director of Project Accounting. This is a senior-level leader responsible for overseeing all project accounting operations across the firm's architecture, engineering ...

Director, Project Accounting

Peoria, IL ยท On-site

$150K - $220K/yr

Farnsworth Group is seeking a Director of Project Accounting. This is a senior-level leader responsible for overseeing all project accounting operations across the firm's architecture, engineering ...

Project Accounting Manager

Orlando, FL

$56K - $74K/yr

DRMP Accounting team is looking for a Project Accountant Manager to join their growing division. This position is fully responsible for managing and coordinating all aspects related to the project ...

Director, Project Accounting

Normal, IL ยท On-site

$150K - $220K/yr

Farnsworth Group is seeking a Director of Project Accounting. This is a senior-level leader responsible for overseeing all project accounting operations across the firm's architecture, engineering ...

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Project Accounting information

See salary details

$42.5K

$71.9K

$100.5K

How much do project accounting jobs pay per year?

As of Jun 27, 2026, the average yearly pay for project accounting in the United States is $71,914.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $80,000.00 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.

More about Project Accounting jobs
What cities are hiring for Project Accounting jobs? Cities with the most Project Accounting job openings:
What are the most commonly searched types of Project Accounting jobs? The most popular types of Project Accounting jobs are:
What states have the most Project Accounting jobs? States with the most job openings for Project Accounting jobs include:
Project Accounting Manager

Project Accounting Manager

Trilon Group

Orlando, FL โ€ข On-site

Full-time

Medical, Dental, Life, Retirement

Posted 17 days ago


Job description

Project Accounting Manager
Department: Accounting
Employment Type: Full Time
Location: Orlando, FL
Description
DRMP Accounting team is looking for a Project Accountant Manager to join their growing division. This position is fully responsible for managing and coordinating all aspects related to the project accounting and revenue recognition for all divisions, including timely reporting, budgeting, financial management and project forecasting
Culture, benefits, growth: Discover the DRMP Difference: Careers | DRMP
Get a behind-the-scenes look: Connect with the hiring manager to learn more about this role and how we can help grow your career: (11) Danielle Todd | LinkedIn
Your Primary Responsibilities will include
  • Lead and manage the day-to-day operations of the project accounting team, driving process improvements and implementing best practices to meet diverse contract requirements and ensure operational efficiency.
  • Provide strategic support to all management levels by facilitating clear communication regarding contract documents, change orders, contract modifications, approvals, and billing and revenue generation, ensuring alignment with organizational goals.
  • Review and validate the accrual process to ensure accuracy, reasonableness, and compliance with accounting standards, proactively identifying discrepancies and implementing corrective actions.
  • Analyze variances in project performance by researching and identifying root causes, optimizing revenue generation, and maximizing billing opportunities to enhance profitability during each period.
  • Coordinate year-end audit support by conducting research, reconciliations, and addressing auditor requirements, ensuring a seamless and accurate audit process.
  • Serve as the primary liaison with Equal Opportunity Compliance agencies and oversee the adherence to governmental contract requirements, ensuring full compliance with all regulatory and agency standards.
  • Resolve complex contract and billing issues, taking ownership of escalated inquiries and exercising sound judgment to ensure timely and effective account resolutions.
  • Standardize and enforce billing procedures across the organization, ensuring consistency and compliance with established billing policies and practices, while also improving process efficiency.
  • Provide education and training to the project accounting team as well as non-financial staff on accounting practices and the Vision software system, ensuring all team members have a clear understanding of financial procedures and protocols.
  • Develop and enforce comprehensive policies for all project accounting activities, report on project profitability, approve charges from billable projects to overhead, and ensure timely invoicing through the development of metrics and an invoicing tracking system.
  • Ad hoc projects as needed

What you'll need
  • Bachelor's Degree in accounting or business preferred or 10+ years of equivalent financial accounting experience is required in addition to management experience
  • Intermediate to advanced computer literacy, including experience in Microsoft Office, particularly Excel.
  • Knowledge of Deltek Vantage or Vision Software or other accounting platform, a plus
  • A thorough knowledge of standard contract terms, including hourly, lump sum, not-to-exceed and how they are applied in the billing process
  • Ability to lead a team well with others under deadline situations and respond to changes in priorities
  • Good written and verbal communication skills and strong organizational skills
  • Ability to work independently, take initiative and prioritize complex analytical tasks
  • Employ problem-solving skills and analysis, and report problems to the Director of Finance & Accounting, as necessary
  • Strong service orientation and self-starter
  • Able to work in fast paced environment with numerous deadlines
  • Well organized, with good analytical skills and a high level of attention to detail
  • Support all divisions providing timely and accurate financial reporting, analysis and assistance as needed

DRMP Offers
  • Excellent compensation package
  • Outstanding holiday and paid-time-off programs
  • 401(k) Plan and Match
  • Career Path Development Program (Management & Technical Career Tracks)
  • Mentorship Program
  • Tuition Reimbursement
  • Parental Leave
  • Competitive health and dental insurance premiums
  • Variety of voluntary benefit options
  • Short-Term Disability/Long-Term Disability
  • Company-furnished life insurance
  • Employee Assistant Program (EAP)
  • Flexible Spending Account
  • and More

DRMP is a Drug and Alcohol Free workplace, an Equal Employment Opportunity employer and E-Verify employer.