Financial Manager in Chicago, Illinois Salary

A Financial Manager in Chicago, Illinois earns an average salary of $70,733 per year. People in this job generally don't have more than 20 years' experience. The skills that increase pay for this job the most are Forecasting and Financial Analysis.

$49,665 - $102,713
$50K
$71K
$100K
MEDIAN: $70,508
10%
50%
90%

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$0$125K
Salary $49,665 - $102,713
Bonus $4,000
Profit Sharing $4,913
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).
)
$49,665 - $125,838
  • Country: United States
  • Currency: USD
  • Updated: 8 Nov 2017
  • Individuals Reporting: 28

Job Description for Financial Manager

A financial manager usually works directly for a company or a consulting firm, although a financial manager can work in all sorts of fields. The financial manager helps the organization become aware of weaknesses and risks regarding its financial situation. The manager then offers suggestions as to how financial goals can be achieved.

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Financial Manager Tasks

  • Prepare and submit budget and resource reports and statements, with an eye towards compliance.
  • Perform ad hoc, non-routine financial analysis as needed.
  • Manage client accounts and act as the subject matter expert for budgetary decisions.
  • Refine and implement monthly, quarterly, and annual reports for designated groups.

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 Manager Job Listings

Key Stats for Financial Manager

Gender

Female
47 %
Male
53 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
Less than 1 year
7%
1-4 years
32%
5-9 years
25%
10-19 years
25%
20 years or more
11%

Experience Affects Financial Manager Salaries

▲34%

Experienced
▲13%

National Average
$71,000

Mid-Career
▼8%

Skills That Affect Financial Manager Salaries

Forecasting
▲37%

Financial Analysis
▲31%

National Average
$71,000

Accounting
▼4%

Financial Reporting
▼8%

Budget Management
▼8%

Microsoft Office
▼8%

Microsoft Excel
▼11%

Accounts Payable
▼15%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.

Gender

Female
47 %
Male
53 %

Years of Experience

Less than 1 year
7%
1-4 years
32%
5-9 years
25%
10-19 years
25%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 78%
vision benefits
Vision: 57%
no benefits
None: 9%