Project Accountant
Manage and report on project budgets to ensure financial viability and profitability.
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Jobs in Jobstreet right nowSalary
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Typical monthly salaryJob growth
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In the last yearOn this page
- What's it like to be a Project Accountant?
- How to become a Project Accountant
- Latest Project Accountant jobs
- Top skills and experience for Project Accountants
What's it like to be a Project Accountant?
A Project Accountant manages the financial aspects of projects. They prepare and control budgets, conduct financial reporting, and collaborate with teams to ensure financial viability. They might also use their expertise in financial control and assessment by monitoring the progress of a project, analysing variances and ensuring accurate invoicing. Project Accountants manage and execute large-scale projects and can work across a variety of sectors, including construction, technology, finance and government.
Tasks and duties
- Managing project-related accounts within an organisation.
- Maintaining accurate financial reports and records related to specific projects.
- Liaising with managers and team members to obtain an understanding of project scope and financial needs.
- Producing and interpreting financial data to provide insights that can inform project management decisions.
- Monitoring project budgets and ensuring the alignment of actual costs with budgeted expenses.
- Reconciling any discrepancies or issues regarding project accounting and finance.
- Contributing towards the improvement of financial processes and systems within an organisation.
How to become a Project Accountant
Project Accountants typically have a bachelor’s degree in Accounting, with proficiency in major accounting software like Excel, Autocount, SQL Account, etc. Strong project management skills and familiarity with billing protocols are also essential.
- Obtain a diploma or bachelor’s degree in Accounting, Finance, or a related field.
- Master accounting software like General Ledger (GL), Certified Management Accountant (CMA), Sarbanes-Oxley (SOX) compliance, Cloud systems and Microsoft Excel. Excel fluency is essential for tasks like budgeting, analysis, and reporting.
- Develop strong collaboration skills to effectively work with team members on tasks like month-end closes and expense reports.
- Cultivate critical thinking skills and leadership qualities to navigate complex financial scenarios and make strategic decisions.
- Continuous learning ensures you remain competitive and adaptable in a rapidly evolving field. Stay proactive in your professional development by staying updated on industry trends and advancements in accounting technology.
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Find out how your salary compares with the average salary for Project Accountants.Latest Project Accountant jobs on Jobstreet
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Skills and experience employers are looking for
Having the right skills and experience can make you an in-demand applicant. Project Accountant employers on Jobstreet are looking for job seekers with expertise in the following areas. Accounting
Project Cost
Forecasting
Billing
Cash Flows
Accounting Software
Accounts Receivable
Accruals
Professional Accounting Qualification
Month End Closing
Financial Reporting
Progress Reporting
Project Finance
Construction Industry
Oracle Hyperion
Invoicing
Year End Audit
Budget Preparation
Projection
Oil and Gas Industry
Source: Jobstreet job ads and Jobstreet Profile data
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