The best states for people in this position are New Jersey, New York, California, and North Carolina. Project accountants make the most in New Jersey with an average salary of $70,398. Whereas in New York and California, they would average $67,321 and $66,930, respectively. While project accountants would only make an average of $65,166 in North Carolina, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics’ Location Quotient, we narrowed down our list of states to these four.

“Some examples of what we report in the dashboard are projects with an unbilled revenue position, the value of project accruals and outstanding supplier bank guarantees per project.” Her role also involves both small and big-picture thinking – she handles everything from the granular detail of a single project to the management of a portfolio of projects. “It could involve analysing projects to determine how different cost components are tracking against their forecasts, or analysing spending on certain types of costs across a wider portfolio of projects,” she says. “Project accounting involves the management of a project’s financial information,” Gina says. Audited transactions and vouchers, made action plans to field offices and improved accounting process.

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Issuing invoices and purchase orders, as well as paying consultant, subcontractor, vendor, and supplier bills. Knowledge/experience with government accounting (especially SBIR and/or STTR grants) is a plus, but not required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position. Demonstrates knowledge and or ability to plan, organize, and learn in a short time SunPlus software.

Project accounting and more general financial accounting share many things in common but they’re not the same thing. Yes, they both deal with costs and expenses, but the context and project accounting the execution differ enough to make it worth exploring some of those differences. Please note that AECOM does not accept unsolicited resumes from recruiters or employment agencies.

Project Accounting Benefits

In the units-of-delivery method, the portion of units delivered to the buyer is compared to the overall number of units to be delivered under the terms of a contract. This method, obviously, can only be used on projects consisting of the delivery of multiple units.