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A project accountant is responsible for managing the financial aspects of specific projects within an organization. They work closely with project managers, providing them with accurate financial information and analysis to support decision-making. Their duties include tracking project expenses, preparing budgets, forecasting costs, analyzing variances, and ensuring compliance with financial regulations.
Additionally, project accountants may assist in contract negotiations, helping to determine the financial implications of proposed agreements. They also play a crucial role in project billing, invoicing clients, and monitoring accounts receivable.
Estimated Yearly Salary: 106,121 MYR
Estimated Monthly Salary: 8,843 MYR
Estimated Weekly Salary: 2,041 MYR per week
Estimated Hourly Salary: 51 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,560 MYR
Estimated Weekly Salary: 1,975 MYR per week
Estimated Hourly Salary: 49 MYR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 21,306 USD
Estimated Monthly Salary: 1,776 USD
Estimated Weekly Salary: 410 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 106,121 MYR
Estimated Monthly Salary: 8,843 MYR
Estimated Weekly Salary: 2,041 MYR per week
Estimated Hourly Salary: 51 MYR per hour
By working as Project Accountant a person can save up to 1,064 USD per month or 12,772 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Malaysia, see costs of living in Malaysia.
Estimated Yearly Salary for Project Accountant
Last revision of data: 2025-01-04
Data as of 2025
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Project Accountant salary in Malaysia
Average Yearly Salary of Project Accountant in Malaysia is approximately 106,121 MYR (21,306 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Project Accountant do?
A project accountant is responsible for managing the financial aspects of specific projects within an organization. They work closely with project managers, providing them with accurate financial information and analysis to support decision-making. Their duties include tracking project expenses, preparing budgets, forecasting costs, analyzing variances, and ensuring compliance with financial regulations.
Additionally, project accountants may assist in contract negotiations, helping to determine the financial implications of proposed agreements. They also play a crucial role in project billing, invoicing clients, and monitoring accounts receivable.
Skills: project accountant, financial management, budgeting, cost analysis, compliance, contract negotiation
Job industry: Accounting
Job industry: Accounting
How much does Project Accountant make?
Salary details
How much does Project Accountant make?Estimated Yearly Salary: 106,121 MYR
Estimated Monthly Salary: 8,843 MYR
Estimated Weekly Salary: 2,041 MYR per week
Estimated Hourly Salary: 51 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 102,715 MYREstimated Monthly Salary: 8,560 MYR
Estimated Weekly Salary: 1,975 MYR per week
Estimated Hourly Salary: 49 MYR per hour
Last revision of data: 2024-01-03Project Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 21,306 USD
Estimated Monthly Salary: 1,776 USD
Estimated Weekly Salary: 410 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Project Accountant job salary compared to average salary in Malaysia.
Comparison shows that a person working as Project Accountant in Malaysia earns on average:
1.36 times the average salary (or 136% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Project Accountant job salary compared to average salary in Malaysia.
Comparison shows that a person working as Project Accountant in Malaysia earns on average:
1.36 times the average salary (or 136% of average salary).
Is Project Accountant a well paid job?
Yes, our data shows that Project Accountant is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Project Accountant?
High salary for Project Accountant would be somewhere between 116,733 MYR and 153,875 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Project Accountant in Malaysia?
Living in Malaysia the approximate monthly expenses are: 711 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 106,121 MYR
Estimated Monthly Salary: 8,843 MYR
Estimated Weekly Salary: 2,041 MYR per week
Estimated Hourly Salary: 51 MYR per hour
By working as Project Accountant a person can save up to 1,064 USD per month or 12,772 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Malaysia, see costs of living in Malaysia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Project Accountant
Thailand is 8,621 USD
Indonesia is 12,669 USD
Singapore is 80,551 USD
Brunei is 37,669 USD
Vietnam is 4,784 USD
Philippines is 4,737 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Malaysia
(927,752 MYR per year, pre-tax.)
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5. Neurosurgeon
(722,312 MYR per year, pre-tax.)
6. Urologist
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
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10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Obstetrician gynecologist (obgyn) (285,592 MYR per year, pre-tax.)
Chief credit officer (189,392 MYR per year, pre-tax.)
Photography director (86,870 MYR per year, pre-tax.)
Hospital laboratory director (130,002 MYR per year, pre-tax.)
Real estate appraiser (108,062 MYR per year, pre-tax.)
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