Audit, Tax, and Manager Jobs in Chicago, Illinois: Salary Overview and Job Description

Audit, Tax, and Manager Jobs in Chicago, Illinois: Salary Overview and Job Description

Audit, Tax, and Manager professionals play a vital role in ensuring financial accuracy and compliance. Chicago, Illinois, is a hub for these professionals, with numerous job opportunities available in various industries. This article provides an overview of Audit, Tax, and Manager jobs in Chicago, including salary ranges, job descriptions, and industry-specific requirements.

Salary Overview: Audit, Tax, and Manager Jobs in Chicago

Audit Manager:  $90,000 – $140,000 

Tax Manager:  $100,000 – $150,000 

Senior Audit Manager:  $140,000 – $200,000 

Senior Tax Manager:  $150,000 – $220,000 

Audit Senior:  $60,000 – $90,000 

Tax Senior:  $70,000 – $100,000 

Job Description: Audit Manager

Key Responsibilities:

  1. Audit Planning: Plan and execute audit engagements.
  2. Risk Assessment: Identify and assess business risks.
  3. Control Evaluation: Evaluate internal controls.
  4. Audit Testing: Perform audit testing and evaluation.
  5. Financial Analysis: Conduct financial analysis and review.

Job Description: Tax Manager

Key Responsibilities:

  1. Tax Planning: Develop and implement tax strategies.
  2. Tax Compliance: Ensure tax compliance and reporting.
  3. Tax Research: Conduct tax research and analysis.
  4. Tax Consulting: Provide tax consulting services to clients.
  5. Tax Controversy: Manage tax controversy and disputes.

Job Description: Senior Audit/Tax Manager

Key Responsibilities:

  1. Team Management: Lead and manage audit or tax teams.
  2. Client Management: Manage client relationships and expectations.
  3. Business Development: Identify new business opportunities.
  4. Quality Control: Ensure quality control and risk management.
  5. Strategic Planning: Develop and implement strategic plans.

Requirements:

  1. Education: Bachelor’s degree in Accounting, Finance, or related field; CPA or CMA preferred.
  2. Experience: Minimum 5-10 years of audit or tax experience.
  3. Language Skills: Fluency in English.
  4. Technical Skills: Proficiency in audit or tax software.
  5. Soft Skills: Strong leadership, communication, and problem-solving abilities.

Industry-Specific Requirements:

  1. Public Accounting: Experience with auditing and financial statement preparation.
  2. Corporate Finance: Knowledge of financial planning and analysis.
  3. Private Equity: Understanding of private equity investments and exits.
  4. Real Estate: Familiarity with real estate finance and development.

Career Path and Progression:

  1. Audit/Tax Staff: Senior Audit/Tax Staff
  2. Senior Audit/Tax Staff: Audit/Tax Manager
  3. Audit/Tax Manager: Senior Audit/Tax Manager
  4. Senior Audit/Tax Manager: Partner or Director

Challenges and Opportunities:

  1. Regulatory Complexity: Navigate complex regulatory environment.
  2. Economic Volatility: Manage financial risks amidst economic uncertainty.
  3. Growth Opportunities: Identify emerging opportunities in audit and tax.
  4. Talent Development: Attract and retain top audit and tax talent.

Job Opportunities in Chicago:

  1. Deloitte
  2. Ernst & Young
  3. KPMG
  4. PricewaterhouseCoopers
  5. RSM
  6. BDO
  7. Grant Thornton
  8. Crowe Horwath
  9. Baker Tilly
  10. Plante Moran

Top Job Titles in Chicago:

  1. Audit Manager
  2. Tax Manager
  3. Senior Audit Manager
  4. Senior Tax Manager
  5. Audit Senior
  6. Tax Senior
  7. Financial Analysis Manager
  8. Risk Management Manager
  9. Tax Consulting Manager
  10. Audit Planning Manager

Skills Required:

  1. Audit planning and execution
  2. Tax planning and compliance
  3. Financial analysis and review
  4. Risk assessment and management
  5. Control evaluation and testing
  6. Team management and leadership
  7. Client management and relationships
  8. Business development and growth
  9. Quality control and risk management
  10. Strategic planning and implementation

Average Salary Growth Rate: 8-10% per annum

Job Satisfaction Rate: 8.5/10

Conclusion:

Audit, Tax, and Manager jobs in Chicago offer challenging and rewarding career opportunities. With competitive salaries and growing demand, Chicago is an attractive destination for audit and tax professionals.

If you are looking for suitable job, please upload your CV or apply here: www.finjobhub.com

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