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Project Accountant

Project Accountant

Manage the operating budget and forecasting process for projects.

What's it like to be a Project Accountant?

A Project Accountant is responsible for managing the financial activities that occur throughout a project’s lifecycle.

Tasks and duties

  • Ensure projects are managed according to relevant financial contracts and that they are financially viable.
  • Approve expenses and liaise with project managers to approve invoicing.
  • Track financial progress of projects by conducting monthly results analysis, project reporting, budgeting and forecasting, scenario analysis and cost analysis.
Project Accountants typically manage the operating budget and forecasting process of projects, in addition to reviewing project performance in consultation with management and stakeholders.
Project Accountants may work for a variety of companies, such as those within the construction, health or engineering industry.

What can I earn as a Project Accountant?

The most common salary  for a Project Accountant is between $100k and $120k
Source: SEEK job ads and SEEK Profile data

How to become a Project Accountant

SEEK Learning
To work as a Project Accountant, a bachelor’s degree in the field of accounting is required, and a Chartered Accountant (CA) or Certified Practising Accountant (CPA) qualification is desirable and likely to offer a competitive edge.
  1. Complete a bachelor degree in the field of accounting. This could be a Bachelor of Accounting or a Bachelor of Business (Majoring in Accounting). These are usually three year courses and are open to anyone who is 17 years of age or older and has completed year 12 with the necessary Universities Admission Index.
  2. Gather professional experience in project accounting, being sure to undertake professional development activities each year.
  3. Complete a Graduate Diploma of Chartered Accounting (GradDip CA) or a CPA program.

Explore accounting qualifications

Browse qualifications that provide you with the skills and knowledge to work as a Project Accountant.

Duration 3 yrs - 6.5 yrs
16 institutions offering this qualification
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Duration 3 yrs - 6 yrs
6 institutions offering this qualification
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Source: SEEK job ads and SEEK Profile data

What skills are employers looking for?

Employers want:

  • Reporting
  • Written skills
  • Thoroughness
  • Forecasting
  • Task management

Shortlisted applicants:

  • Certified practicing accountant
  • Ms office proficiency
  • Project management
  • Analytical thinking
  • Forecasting
Source: SEEK job ads and SEEK Profile data

How do Project Accountants rate their role?

Latest reviews from 3 Project Accountants surveyed on SEEK

Latest reviews

4 out of 5Oct 2018
Reviewer's Qualification
Bachelor of Commerce
Experience
1 – 4 years
Organisation size
Medium (20-199 employees)
Specialisation
Financial & Management accounting
The good things
Need to work closely with project stakeholders whilst managing financial activity
The challenges
Careful costing and be proactive about forecasts and cost control to identify potential issues. Different personnelaties of staff
5 out of 5Oct 2018
Reviewer's Qualification
Bachelor of Business (Accounting)
Experience
1 – 4 years
Organisation size
Large (200+ employees)
Specialisation
Project Accounting
The good things
Project accounting is specialising in all forms of accounting for a specific or multiple projects. It can be extremely varied, taking in cost control, contract management, systems analyst, training, m...
The challenges
Every day you will find a challenge, analysis and problem solving is a major part of project accounting.
4 out of 5Oct 2018
Reviewer's Qualification
Master of Commerce
Experience
5 – 9 years
Organisation size
Large (200+ employees)
Specialisation
mangement
The good things
involving with management decision making
The challenges
step up to CFO
Source: SEEK Role Reviews

What are the job opportunities for Project Accountants?

Find out how the job market is trending

Job opportunities

Project Accountant jobs on SEEK
Source: SEEK

Projected job growth

National increase over next 5 years
4%
2018
2023
Source: LMIP. Accountants
Latest Project Accountant jobs on SEEK
Alinta Energy
Perth
• Support organisational transformation Project • Dynamic role in a fast-paced environment • Perth CBD location
Company logo
Hays Accountancy & Finance
Sydney > CBD, Inner West & Eastern Suburbs
4-5 month contract in the Sydney CBD.
Company logo
Michael Page Accounting & Finance
Melbourne > CBD & Inner Suburbs
Global Law Firm is looking for a Project Accountant to join their well established Finance team
Marshall McAdam
Melbourne > Western Suburbs
Reporting to the CFO, you will be joining a newly created team. The role will have a critical part to play in the development of reporting, processes
Source: SEEK job ads and SEEK Profile data

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