Finance and Accounting Salaries in Chicago, Illinois

Chicago, the largest city by far in Illinois, is a major financial hub, manufacturing center, and tech innovation hotspot, thriving in finance, manufacturing, technology, healthcare, and transportation. With a strategic location and renowned medical facilities, it is vital for healthcare and logistics in the region. To make the most of career prospects and investment opportunities in this culturally rich city, it’s vital to understand Chicago’s dynamic economy.

How to use this Guide

The provided salary guide serves as a reference, offering guidance in determining market compensation. When assessing salary considerations, it is crucial to take into account various factors, such as ownership, company size, location, industry, specialized skills, education and certifications, as well as years of experience.

Limited Performer

The first salary range will be at the low end, called Limited Performer. This can be when you have a limited budget and understand that these professionals will have limited skills. Often these professionals are just starting in that next level of promotion or individuals who are B players but often are likely to stay at an organization for a long time.

Strong performer

Strong performers are professionals with some experience and have skills of a B+ or A- professional. They may not have all the technical skills needed for this job, but they still work hard and do their best. If hiring in a larger company, they may be continuing to grow their skills.

Star performer

Star performers are A players. When you look at the best professionals, they are the ones who are doing very well in their jobs. They are on top of their game. These professionals have good technical skills. They also have strong people skills which is why other professionals want them to work for them.

Elite

Those in the Elite category are in the top 1%. They are the very best at what they do and get paid substantially. Usually, they work for large public companies.

Finance

	Limited Performer	Strong Performer	Star Performer	Elite (1%)
Chief Financial Officer (CFO)	$123,000	$196,000	$254,000	$279,000
Vice President of Finance	$123,000	$196,000	$254,000	$279,000
Director of FP&A	$133,000	$174,000	$216,000	$238,000
Finance Manager	$77,000	$114,000	$158,000	$174,000
Roles and Responsibilities

Accounting

	Limited Performer	Strong Performer	Star Performer	Elite (1%)
Corporate Controller	$107,000	$153,000	$213,000	$234,000
Controller	$90,000	$124,000	$181,000	$199,000
Assistant Controller	$83,000	$118,000	$163,000	$179,000
Accounting Manager	$77,000	$103,000	$152,000	$168,000
Roles and Responsibilities

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