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Project Accountant Job Description Template | Sample

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Updated September 23, 2024

A project accountant handles the accounting and financial record-keeping for one or more projects. Typically a project accountant handles a project's billing, invoicing, and expenses. Often, this person is also responsible for performing cost analyses, designing financial forecasts, and investigating variances.

Salary (Median Pay)

For accountants and auditors.[1]

  • Salary: $73,560/yr
  • Hourly Rate: $35.37/hr

Duties and Responsibilities

  • Maintain project-related records, including contracts;
  • Reviewing and approving supplier invoices, time sheets, and overhead charges;
  • Ensuring payments are collected;
  • Investigating project variances;
  • Reporting on project profitability; and
  • Compiling information for auditors, as required.

Qualifications

  • Bachelor’s degree in relevant field;
  • Knowledge of contracts and change orders;
  • Excellent communication skills; and
  • Experience in project accounting.

Sources

  1. Bureau of Labor Statistics (BLS)