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Project Accounting Jobs (NOW HIRING)

Farnsworth Group

Director, Project Accounting

Normal, IL · 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

Director, Project Accounting

Peoria, IL · 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 ...

Zachry Group

Project Accounting Specialist

Houston, TX · On-site

$20.50 - $27.75/hr

The Project Accounting Specialist supports construction project financials by maintaining accurate job cost records, preparing billing, and ensuring compliance with contract terms and company ...

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Project Accounting information

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$42.5K

$71.9K

$100.5K

How much do project accounting jobs pay per year?

As of Aug 7, 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.

What are the key skills and qualifications needed to thrive as a project accountant?

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.

Is project accounting a stressful job?

Project accounting can be stressful due to tight deadlines, complex financial tracking, and the need for accuracy in managing project budgets and costs. It often requires strong organizational skills, attention to detail, and proficiency with accounting software, which can contribute to workload pressure during busy periods.

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.

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 jobs near you
Infographic showing various Project Accounting job openings in the United States as of August 2026, with employment types broken down into 89% Full Time, 6% Part Time, and 5% Contract. Highlights an 87% Physical, 4% Hybrid, and 9% Remote job distribution, with an average salary of $71,914 per year, or $34.6 per hour.

Manager, Project Accounting

HITT Contracting, Inc.

Falls Church, VA • On-site

$95K - $140K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 24 days ago

Job description

Every day, our team members do amazing things in pursuit of our shared purpose to build trust with our clients, partners, subcontractors, and teammates. No matter your background, education, or career path, if you share our vision to create extraordinary experiences, you belong at HITT.
Manager, Project Accounting
Job Description:
The Manager of Project Accounting will lead a team of Associates and Senior Associates responsible for business unit financials. This individual will report to the Senior Manager of Project Accounting and is responsible for reporting revenue and profit, forecasting, cash flow and risk, as well as the overall health of the project accounting teams.
Responsibilities
  • Responsible for the accurate reporting of financial results in accordance with GAAP and controls including revenue, profit and cash flow
  • Prepare, distribute and maintain project-related financial reports
  • Compile, analyze, and report data at the business unit level
  • Continually assess and improve systems and manual processes related to project accounting
  • Knowledge of internal controls (and their purpose) and ability to recommend changes and additions to policies / processes as needed
  • Communicate, model and enforce Project Accounting and Company Policies and Procedures
  • Serve as lead POC for internal audit; compile information for internal and external auditors, as required
  • Communicates any potential risk to the Director and above
  • Manage a forward-thinking view of departmental workload and capacity to drive optimum staff utilization and make staffing recommendations accordingly
  • Train and support Accounting Associate & Senior Associate Staff
  • Other duties as assigned

Qualifications
  • Bachelor's Degree in Finance, Accounting or Business with strong Accounting experience preferred.
  • Five (5) to eight (8) years of accounting experience
  • Experience with JD Edwards or other comparable ERP solution including analytical tools (BI)
  • Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles (GAAP).
  • Demonstrated ability to manage projects from concept to implementation
  • Good verbal and written communication skills, including ability to present and speak in public
  • Ability to lead and mentor team members.
  • Ability to influence change, efficiency and morale among team members.
  • Ability to establish and maintain productive working relationships with others
  • Ability to lift boxes weighing up to 30 pounds

In accordance with Virginia Senate Bill 215 (SB 215), the base salary range for this position is:
$95,000.00 - $140,000.00
Compensation in other cities and states may vary. HITT Contracting offers a competitive total benefits and compensation package including performance-based bonuses, premium health care coverage including vision and dental, employer-matched 401(k), wellness reimbursement program, paid holidays and time-off, and other voluntary benefits and leave types. The determination of salary is based on the candidate's individual professional experience, qualifications, education, skills, and training.
HITT Contracting is an equal opportunity employer. We are committed to hiring and developing the most qualified individuals based on job-related experience, skills, and merit. All employment decisions are made without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other protected characteristic. We value a respectful, inclusive workplace where everyone has the opportunity to succeed. HITT Contracting maintains a drug-free workplace, consistent with applicable local, state, and federal laws.

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