Finance Managers play a crucial role in leading financial strategy and driving business growth. This article provides an overview of Finance Manager jobs in Chicago, Illinois, including salary ranges, job descriptions, and industry-specific requirements.
Salary Overview: Finance Manager in Chicago
Finance Manager: $90,000 – $140,000
Senior Finance Manager: $110,000 – $160,000
Financial Planning and Analysis Manager: $100,000 – $150,000
Job Description: Finance Manager
Key Responsibilities:
- Financial Planning: Develop and implement financial plans.
- Budgeting and Forecasting: Manage budgets and forecasts.
- Financial Analysis: Conduct financial analysis and review.
- Financial Reporting: Oversee financial reporting and compliance.
- Risk Management: Identify and mitigate financial risks.
- Investor Relations: Manage investor relationships.
- Team Management: Lead and manage finance teams.
- Strategic Planning: Develop and implement strategic plans.
Requirements:
- Education: Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred.
- Experience: Minimum 5-10 years of finance experience.
- Language Skills: Fluency in English.
- Technical Skills: Proficiency in financial software, such as Excel, Financial Modeling, or SAP.
- Soft Skills: Strong leadership, communication, and problem-solving abilities.
Industry-Specific Requirements:
- Entertainment and Media: Knowledge of film and television production financing.
- Technology and Software: Familiarity with software development and project management.
- Healthcare and Biotechnology: Understanding of medical accounting and billing.
- Finance and Banking: Knowledge of financial regulations and compliance.
Career Path and Progression:
- Financial Analyst: Finance Manager
- Finance Manager: Senior Finance Manager
- Senior Finance Manager: Financial Planning and Analysis Manager
- Financial Planning and Analysis Manager: Director of Finance
Challenges and Opportunities:
- Regulatory Complexity: Navigate complex regulatory environment.
- Economic Volatility: Manage financial risks amidst economic uncertainty.
- Growth Opportunities: Identify emerging opportunities in finance.
- Talent Development: Attract and retain top finance talent.
Skills Required:
- Financial planning
- Budgeting and forecasting
- Financial analysis
- Financial reporting
- Risk management
- Investor relations
- Team management
- Strategic planning
- Communication and interpersonal skills
- Technical skills in financial software
Average Salary Growth Rate: 8-10% per annum
Job Satisfaction Rate: 8.5/10
Conclusion:
Finance Manager jobs in Chicago offer challenging and rewarding career opportunities. With competitive salaries and growing demand, Chicago is an attractive destination for finance professionals.
If you are looking for suitable job, please upload your CV or apply here: www.finjobhub.com
