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The differences between regional accountants and project accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a regional accountant and a project accountant. Additionally, a regional accountant has an average salary of $61,848, which is higher than the $60,467 average annual salary of a project accountant.
The top three skills for a regional accountant include reconciliations, payroll and balance sheet accounts. The most important skills for a project accountant are reconciliations, project management, and contract terms.
| Regional Accountant | Project Accountant | |
| Yearly salary | $61,848 | $60,467 |
| Hourly rate | $29.73 | $29.07 |
| Growth rate | 6% | 6% |
| Number of jobs | 56,406 | 43,672 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Regional accountants work on the preparation of accounts and tax returns, payroll administration, and auditing financial information. They utilize financial statements, account reconciliations, and balance sheets to assist with their accounting work. Regional accountants must have good communication skills, be highly analytical, and take leadership over the accounts in their assigned region.
A project accountant is primarily in charge of overseeing the budget and expenditures allocated for various projects within a company. Their responsibilities revolve around reviewing financial data and work plans, managing billing and financial reports, monitoring the flow of revenue, filing purchase orders and invoices, and processing payments to subcontractors, suppliers, and more. It is also vital to coordinate with all managing personnel to prepare necessary reports such as costs and taxes. Furthermore, it is essential to maintain data and records of all transactions, all while implementing the company's policies and regulations.
Regional accountants and project accountants have different pay scales, as shown below.
| Regional Accountant | Project Accountant | |
| Average salary | $61,848 | $60,467 |
| Salary range | Between $47,000 And $79,000 | Between $46,000 And $79,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | New Jersey |
| Best paying company | - | Perficient |
| Best paying industry | - | Professional |
There are a few differences between a regional accountant and a project accountant in terms of educational background:
| Regional Accountant | Project Accountant | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 72% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between regional accountants' and project accountants' demographics:
| Regional Accountant | Project Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 42.0% Female, 58.0% | Male, 36.8% Female, 63.2% |
| Race ratio | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 63.9% American Indian and Alaska Native, 0.5% | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.3% White, 63.5% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |