Financial Controller in Chicago, Illinois Salary

How much does a Financial Controller make in Chicago, IL? The average salary for a Financial Controller in Chicago is $94,687 per year. This is 15% higher than the national average for a Financial Controller which is $80,146 per year. Salaries for a Financial Controller in Chicago range from $67,313 per year to $132,872 per year. Total Annual Pay, which includes salary, bonus, and profit sharing for a Financial Controller in Chicago ranges from $70,011 to $151,807 annually. Job satisfaction is reported as 5 out of 5 stars. In this profession, there is a pretty equal ratio of male and female in Chicago with men accounting for 47 percent of the population. In Chicago, a Financial Controller often enjoys medical, dental, and vision benefits provided by their employer.

$67,313 - $132,872
$67K
$95K
$130K
MEDIAN: $94,687
10%
50%
90%

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$39.31 - $71.22
$54
MEDIAN: $54.00
50%

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$0$151K
Salary $67,313 - $132,872
Bonus $1,957 - $25,997
Profit Sharing $485 - $26,910
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$70,011 - $151,807
  • Country: United States
  • Currency: USD
  • Updated: 24 Nov 2017
  • Individuals Reporting: 208
Hourly Data $0$71
Hourly Rate $54.00
Annual Data $0$151K
Bonus $1,957 - $25,997
Profit Sharing $485 - $26,910
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$70,011 - $151,807
  • Country: United States
  • Currency: USD
  • Updated: 24 Nov 2017
  • Individuals Reporting: 6

Job Description for Financial Controller

The position of financial controller, or comptroller, involves managing financial departments of a company. These departments can include the accounting department, budget department, audit department, and any other finance-related departments. Financial controllers have many responsibilities, such as producing critical financial reports, profit and loss statements, balance sheets, and financial prospectuses. They must also prepare reports that predict the financial performance of a company over time. Any paperwork that needs to be done for federal and state regulatory agencies is completed and submitted by the financial controller.

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Financial Controller Tasks

  • Present financial reporting and potential risk areas to senior management.
  • Oversee accounting, financial reporting, analysis and preparation of the consolidated financial statements, including schedules for tax compliance.
  • Ensure policies and procedures are in compliance with professional standards, state and federal regulatory requirements.
  • Establish and maintain internal controls to support the financial infrastructure.

About Chicago, Illinois

Cook County, Illinois
2,720,556
Male:
1,320,015 (48.5%)
Female:
1,400,541 (51.5%)
Chicago (/ʃᵻˈkɑːɡoʊ/ or /ʃᵻˈkɔːɡoʊ/), officially the City of Chicago, is the third-most populous city in the United States. With over 2.7 million residents, it is the most populous city in the state of Illinois and the Midwestern United States, and the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the U.S. Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed, and grew rapidly in the mid-nineteenth century. The city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research...
Chicago:
$50,702
Illinois:
$59,588
$985
Chicago:
$238,500
Illinois:
$180,300
6.3%

Financial Controller Job Listings

Pay by Experience Level for Financial Controller

Pay by Experience for a Financial Controller has a positive trend. An entry-level Financial Controller with less than 5 years of experience can expect to earn an average total compensation of $75,000 based on 17 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Controller with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $92,000 based on 33 salaries. An experienced Financial Controller which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $101,000 based on 56 salaries. A Financial Controller with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $104,000 based on 32 salaries.

Key Stats for Financial Controller

Gender

Female
53 %
Male
47 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.
Less than 1 year
1%
1-4 years
10%
5-9 years
20%
10-19 years
36%
20 years or more
33%

Experience Affects Financial Controller Salaries

▲5%

▲2%

National Average
$99,000

▼8%

▼24%

Skills That Affect Financial Controller Salaries

Human Resources
▲28%

Payroll Administration
▲14%



▲8%




Microsoft Office
▲3%

National Average
$99,000


Forecasting
▼7%


Accounts Receivable
▼10%

Windows Operating System General Use
▼11%

Cost Accounting
▼11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
20%
10-19 years
36%
20 years or more
33%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 80%
vision benefits
Vision: 59%
no benefits
None: 6%