1. What is the average salary of a Project Accounting Manager?
The average annual salary of Project Accounting Manager is $135,443.
In case you are finding an easy salary calculator,
the average hourly pay of Project Accounting Manager is $65;
the average weekly pay of Project Accounting Manager is $2,605;
the average monthly pay of Project Accounting Manager is $11,287.
2. Where can a Project Accounting Manager earn the most?
A Project Accounting Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Project Accounting Manager earns the most in San Jose, CA, where the annual salary of a Project Accounting Manager is $169,981.
3. What is the highest pay for Project Accounting Manager?
The highest pay for Project Accounting Manager is $178,837.
4. What is the lowest pay for Project Accounting Manager?
The lowest pay for Project Accounting Manager is $99,421.
5. What are the responsibilities of Project Accounting Manager?
Project Accounting Manager manages a team of project accountants that perform accounting and financial activities to measure and monitor project financial performance. Oversees the creation and maintenance of project level accounts. Being a Project Accounting Manager ensures that all postings, allocations, accruals and payments for the project are completed according to schedule. Reviews monthly project status reports prior to project reviews. Additionally, Project Accounting Manager supports project leaders to address changes in project scope or timeline and resolve any financial issues that might impede project timelines. Tracks and analyzes consolidated financial results for all projects. Requires a bachelor's degree in accounting or finance. Typically reports to a director. The Project Accounting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Project Accounting Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
6. What are the skills of Project Accounting Manager
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
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Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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CPA: A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.
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Revenue Recognition: The revenue recognition principle is a cornerstone of accrual accounting together with the matching principle. They both determine the accounting period in which revenues and expenses are recognized. According to the principle, revenues are recognized when they are realized or realizable, and are earned (usually when goods are transferred or services rendered), no matter when cash is received. In cash accounting – in contrast – revenues are recognized when cash is received no matter when goods or services are sold. Cash can be received in an earlier or later period than obligations are met (when goods or services are delivered) and related revenues are recognized that results in the following two types of accounts: Accrued revenue: Revenue is recognized before cash is received. Deferred revenue: Revenue is recognized after cash is received.Revenue realized during an accounting period is included in the income.