Post job

Reporting specialist vs project accountant

The differences between reporting specialists 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 reporting specialist and a project accountant. Additionally, a project accountant has an average salary of $60,467, which is higher than the $56,129 average annual salary of a reporting specialist.

The top three skills for a reporting specialist include customer service, data analysis and powerpoint. The most important skills for a project accountant are reconciliations, project management, and contract terms.

Reporting specialist vs project accountant overview

Reporting SpecialistProject Accountant
Yearly salary$56,129$60,467
Hourly rate$26.99$29.07
Growth rate6%6%
Number of jobs50,54343,672
Job satisfaction-5
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 72%
Average age4444
Years of experience44

What does a reporting specialist do?

A reporting specialist, also known as a marketing analyst, is an individual who is responsible for examining the current trends and marketing conditions for an organization. Reporting specialists are required to gather information about their potential customers, business competitors, and economic conditions. They examine databases and new reports as well as initiate questionnaires and opinion polls with the help of survey researchers. Reporting specialists must also present the information they gather to the management of the organization.

What does a project accountant do?

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.

Reporting specialist vs project accountant salary

Reporting specialists and project accountants have different pay scales, as shown below.

Reporting SpecialistProject Accountant
Average salary$56,129$60,467
Salary rangeBetween $39,000 And $80,000Between $46,000 And $79,000
Highest paying CitySan Jose, CAWashington, DC
Highest paying stateCaliforniaNew Jersey
Best paying companyCitiPerficient
Best paying industryFinanceProfessional

Differences between reporting specialist and project accountant education

There are a few differences between a reporting specialist and a project accountant in terms of educational background:

Reporting SpecialistProject Accountant
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 72%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Reporting specialist vs project accountant demographics

Here are the differences between reporting specialists' and project accountants' demographics:

Reporting SpecialistProject Accountant
Average age4444
Gender ratioMale, 42.1% Female, 57.9%Male, 36.8% Female, 63.2%
Race ratioBlack or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.5% 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 Percentage7%7%

Differences between reporting specialist and project accountant duties and responsibilities

Reporting specialist example responsibilities.

  • Manage risks and ensure compliance with SOX controls relate to selection and contracting of suppliers.
  • Manage coordination, implementation and installation of next generation telemarketing system, an nt-base, client server environment.
  • Create VBA macros to streamline existing reporting processes.
  • Assist with developing and updating VBA code as necessary.
  • Analyze operating reports with Cognos, VendorScape and DRI.
  • Promote current HIPAA compliance beyond the minimum legally mandate.
  • Show more

Project accountant example responsibilities.

  • Maintain general ledgers, manage cash flow, prepare financial statements and bank reconciliations for multiple development and construction projects.
  • Assure timely accurate filing of all Medicare, Medicaid and commercial insurance claims.
  • Review the collection of Medicare, Medicaid and other receivables to ensure monthly goals are met.
  • Used DelTek to find discrepancies in employee charge hours.
  • Serve as major contributor in system conversion to new web-base ERP system.
  • Identify and rectify accounting errors that have incurred in the past and ensure adherence to IFRS.
  • Show more

Reporting specialist vs project accountant skills

Common reporting specialist skills
  • Customer Service, 10%
  • Data Analysis, 8%
  • PowerPoint, 6%
  • BI, 5%
  • QA, 5%
  • SME, 4%
Common project accountant skills
  • Reconciliations, 8%
  • Project Management, 6%
  • Contract Terms, 5%
  • Purchase Orders, 4%
  • Deltek, 4%
  • Revenue Recognition, 4%

Browse business and financial jobs