Skills & Competencies for Project Accountant II

Project Accountant II job profile

JOB SUMMARY for Project Accountant II

Supports projects with overall accounting and financial activities to measure and monitor project financial performance.

JOB RESPONSIBILITIES for Project Accountant II

Creates and maintains project level accounts. Completes all postings, allocations, accruals and payments for the project. Prepares and distributes monthly reports on project status including budget and forecasting for project reviews. Coordinates with project team to reflect changes in project scope or timeline. Prepares final project close out.

Project Accountant II SALARY RANGE

BASE 50%
$78,370
TOTAL 50%
$80,308
Job Level
P02
Job Code
FA06000987
Education/Degree
Bachelor's Degree
Reports To
Supervisor or Manager

Project Accountant II Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Project Accountant II skill and competencie below to view definitions.

6 general skills or competencies (Job family competencies) for Project Accountant II

1 Job Family Competencies – Change Management
Proficiency Level -2
Skill definition-Implementing change by transforming our organization's goals, processes, or technologies to ensure business growth and success.
Level 1 Behaviors
(General Familiarity)
Documents change management controls, procedures, and requirements.
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Level 2 Behaviors
(Light Experience)
Compiles change readiness findings to support the overall change project.
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Level 3 Behaviors
(Moderate Experience)
Implements change management programs to improve operating efficiency.
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Level 4 Behaviors
(Extensive Experience)
Formulates operational and business workflow changes to maximize change adoption.
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Level 5 Behaviors
(Mastery)
Establishes standard operating procedures to improve change and request management.
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2 Job Family Competencies – Microsoft Project
Proficiency Level -2
Skill definition-Developing schedule, assigning resources to tasks, managing budget, and keeping project plans on time.
Level 1 Behaviors
(General Familiarity)
Describes the methodologies of utilizing Microsoft Project in scheduling plans.
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Level 2 Behaviors
(Light Experience)
Selects a Microsoft Project template according to the type of project assigned.
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Level 3 Behaviors
(Moderate Experience)
Implements various scheduling methods and tools in Microsoft Project software.
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Level 4 Behaviors
(Extensive Experience)
Facilitates project meetings to maintain the project schedule utilizing Microsoft Project.
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Level 5 Behaviors
(Mastery)
Develops comprehensive project plans utilizing Microsoft Project software.
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3 Project Accountant II - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Project Accountant II
Proficiency Level - 4
5 Competency for - Project Accountant II
Proficiency Level - 5

7 soft skills or competencies (core competencies) for Project Accountant II

1 Core Competencies – Predictive Analytics
Proficiency Level -2
Skill definition-Gathering, analyzing, and predicting patterns and structures of historical data and trends to make strategic decisions for better future outcomes.
Level 1 Behaviors
(General Familiarity)
Describes various predictive model types, including decision trees, regression, and neural networks.
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Level 2 Behaviors
(Light Experience)
Assists in creating and validating predictive models.
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Level 3 Behaviors
(Moderate Experience)
Performs complex calculations and meaningful ratios for accurate analytics.
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Level 4 Behaviors
(Extensive Experience)
Directs predictive techniques to increase organizational success and decrease operational failures.
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Level 5 Behaviors
(Mastery)
Develops predictive models to determine and draw up predictions about future industry trends.
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2 Core Competencies – Industry Knowledge
Proficiency Level -2
Skill definition-Demonstrating thorough knowledge of the industry's value chain, business, issues, trends, etc., and the ability to apply them appropriately.
Level 1 Behaviors
(General Familiarity)
Describes the entire value chain of the industry.
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Level 2 Behaviors
(Light Experience)
Follows and respects the industry standards and regulations.
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Level 3 Behaviors
(Moderate Experience)
Gathers and analyses market intelligence to drive operational optimization.
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Level 4 Behaviors
(Extensive Experience)
Educates others to enhance product and industry-specific knowledge across our business.
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Level 5 Behaviors
(Mastery)
Keeps apprised of industry trends and applies the expertise to business strategy.
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3 Project Accountant II - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Project Accountant II
Proficiency Level - 4
5 Competency for - Project Accountant II
Proficiency Level - 5

Summary of Project Accountant II skills and competencies

There are 0 hard skills for Project Accountant II.
6 general skills for Project Accountant II, Change Management, Microsoft Project, Project Accounting, etc.
7 soft skills for Project Accountant II, Predictive Analytics, Industry Knowledge, Budgeting, etc.
While the list totals 13 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Project Accountant II, he or she needs to be proficient in Predictive Analytics, be proficient in Industry Knowledge, and be proficient in Budgeting.

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