40h normalized salary comparison

Accountant Salary in Chicago

Average Accountant salary in Chicago on a 40h basis 89,056 $ 7,421 $ gross/month · 42.82 $ gross/hour
Full-time salary range/year 42,500 $ – 164,444 $
Full-time salary range/month 3,542 $ – 13,704 $
Based on 30 salary reports

The average salary for a Accountant in Chicago is 89,056 $ per year on a 40-hour full-time equivalent, or 7,421 $ gross per month and 42.82 $ gross per hour. The reported full-time salary range is 42,500 $ to 164,444 $. The analysis is based on 30 salary reports from workers and employers in Chicago. Part-time salaries are proportionally converted to 40 weekly hours so the values are comparable.

Reports 30
Minimum 40h 42,500 $
Avg. gross/year 40h 89,056 $
Avg. Gross/month 40h 7,421 $
Avg. gross/hour 40h 42.82 $
Maximum 40h 164,444 $

Minimum, average and maximum values on a 40h basis

Trend over time on a 40h basis

Individual reported salaries

Date Job title Weekly hours Reported gross/year Normalized to 40h/year Gross/month 40h Gross/hour 40h Note
05/15/2026 Staff Accountant (part-time) 25.0 h 34,000 $ 54,400 $ 4,533 $ 26.15 $ I work part-time as a staff accountant at a family-owned business handling payroll and AP while finishing a graduate degree.
03/30/2026 Senior Tax Manager 44.0 h 165,000 $ 150,000 $ 12,500 $ 72.12 $ I manage a team in the tax department for a national company, lead strategy and compliance, and frequently put in long hours during busy season.
11/03/2025 Senior Accountant (tech startup) 40.0 h 118,000 $ 118,000 $ 9,833 $ 56.73 $ I lead the finance accounting function at a mid-stage tech startup, handle revenue accounting complexities and help with fundraising reporting.
06/24/2025 Accounting Manager (small business) 42.0 h 129,000 $ 122,857 $ 10,238 $ 59.07 $ I manage accounting operations and a small team at a growing small business; my role includes budgeting, forecasting, and staff oversight.
01/10/2025 Contract CPA (self-employed, part-time) 30.0 h 95,000 $ 126,667 $ 10,556 $ 60.90 $ I run my own CPA practice and take on higher-billing part-time clients, focusing on tax planning and advisory work around 30 hours per week.
12/18/2024 Controller (large corporation) 45.0 h 185,000 $ 164,444 $ 13,704 $ 79.06 $ I am the controller for a large national company operating in Chicago and oversee corporate accounting, audits, and financial controls; it's a demanding leadership role.
09/29/2024 Senior Financial Accountant 40.0 h 125,000 $ 125,000 $ 10,417 $ 60.10 $ I work as a senior financial accountant in corporate reporting for a scalable business; I prepare SEC-adjacent reporting and mentor juniors.
04/18/2024 Staff Accountant (recent grad) 40.0 h 62,000 $ 62,000 $ 5,167 $ 29.81 $ I was hired as an entry-level staff accountant after graduation and handle AP, month-end entries, and assist on audits at a local firm.
12/05/2023 Accounting Director 45.0 h 155,000 $ 137,778 $ 11,481 $ 66.24 $ I lead the accounting function for a large corporation's Midwest division, oversee multiple teams, and work extended hours when closing and during audits.
08/03/2023 Tax Specialist 38.0 h 86,000 $ 90,526 $ 7,544 $ 43.52 $ I'm a mid-level tax specialist at a regional firm focused on state and local tax issues; full-time but typically maintain a standard schedule.
02/14/2023 Payroll Manager 42.0 h 108,000 $ 102,857 $ 8,571 $ 49.45 $ I manage payroll and benefits administration across multiple locations; it's a management role and I typically work extended hours around payroll dates.
11/22/2022 Controller (small nonprofit) 45.0 h 120,000 $ 106,667 $ 8,889 $ 51.28 $ I serve as controller for a small nonprofit and supervise the accounting team; this is a full-time leadership role with extra hours during month-end.
07/07/2022 Senior Accountant (healthcare) 40.0 h 102,000 $ 102,000 $ 8,500 $ 49.04 $ I am a senior accountant at a healthcare provider with 7 years of experience, working full time on revenue recognition and grant reporting.
03/15/2022 Staff Accountant (large corporation) 40.0 h 78,000 $ 78,000 $ 6,500 $ 37.50 $ I work full time in a global company's finance department doing consolidations and intercompany reconciliations; I have two years there.
11/01/2021 Accounting Manager 42.0 h 115,000 $ 109,524 $ 9,127 $ 52.66 $ I manage a small accounting team at a regional distributor and handle month-end close, audits, and staff development in a full-time leadership role.
06/10/2021 Senior Tax Accountant 40.0 h 95,000 $ 95,000 $ 7,917 $ 45.67 $ I'm a senior tax accountant at a boutique CPA firm focusing on corporate tax work and am responsible for complex returns and reviews.
02/05/2021 Senior Accountant (nonprofit) 39.0 h 74,000 $ 75,897 $ 6,325 $ 36.49 $ I work full time at a nonprofit doing fund accounting and grant reporting; I've been here several years and handle complex fund reconciliations.
11/19/2020 Contract Accountant (self-employed, part-time) 20.0 h 38,000 $ 76,000 $ 6,333 $ 36.54 $ I'm self-employed and do contract accounting two days a week for several small clients handling bookkeeping and monthly closes.
07/09/2020 Temporary Accounting Analyst (part-time) 30.0 h 42,000 $ 56,000 $ 4,667 $ 26.92 $ I was hired as a temporary accounting analyst working part-time to support the finance team through a busy quarter doing reconciliations and reporting.
02/28/2020 Staff Accountant (hybrid) 38.0 h 72,000 $ 75,789 $ 6,316 $ 36.44 $ I work a hybrid schedule as a staff accountant for a larger firm; responsibilities include reconciliations and process improvement projects.
09/12/2019 Corporate Accountant 40.0 h 70,000 $ 70,000 $ 5,833 $ 33.65 $ I handle month-end close and fixed asset accounting for a mid-sized Illinois company. I have about three years of experience here.
04/30/2019 Audit Senior 40.0 h 85,000 $ 85,000 $ 7,083 $ 40.87 $ I work full time as an audit senior at a regional audit firm running engagements for private clients; I mentor juniors occasionally.
02/11/2019 Forensic Accountant 40.0 h 95,000 $ 95,000 $ 7,917 $ 45.67 $ I specialize in forensic accounting for small investigations and work full time at a small specialized firm handling fraud exams and litigation support.
10/21/2018 Payroll Specialist 38.0 h 62,500 $ 65,789 $ 5,482 $ 31.63 $ I manage payroll for roughly 150 employees at a small manufacturing company and have been here four years; no direct reports.
06/06/2018 Accounts Payable Clerk (entry) 38.0 h 46,500 $ 48,947 $ 4,079 $ 23.53 $ I'm an entry-level AP clerk at a regional firm and have been doing invoice processing, vendor reconciliation, and support to the accounting team.
03/02/2018 Senior Accountant 40.0 h 75,000 $ 75,000 $ 6,250 $ 36.06 $ I have five years of experience and work as a senior accountant for a mid-sized distributor handling GL, budgeting, and month-end close.
12/15/2017 Junior Staff Accountant 38.5 h 52,000 $ 54,026 $ 4,502 $ 25.97 $ I'm a junior staff accountant at a mid-sized nonprofit; my responsibilities have grown but I don't manage staff yet.
05/20/2017 Tax Associate 40.0 h 58,000 $ 58,000 $ 4,833 $ 27.88 $ I was hired as a tax associate after graduating and work full time in a regional CPA practice preparing individual and small business returns.
11/03/2016 Bookkeeper (part-time) 24.0 h 25,500 $ 42,500 $ 3,542 $ 20.43 $ I work part-time doing bookkeeping for a local retail shop; I handle payroll and invoicing and have been in this role for three years.
08/11/2016 Staff Accountant 40.0 h 48,000 $ 48,000 $ 4,000 $ 23.08 $ I started here as an entry-level staff accountant two years ago at a small manufacturing firm. I handle month-end reconciliations and AP/AR but do not supervise others.

Job Outlook for Accountants in Chicago, Illinois

Chicago’s diversified economy, centralized location, and role as a Midwest headquarters hub make it a steady market for accountants. From global corporations in the Loop and West Loop to rapidly growing tech and logistics firms near the O’Hare corridor, employers across sectors typically need accounting talent for compliance, reporting, audit, and tax functions. National forecasts from major labor sources point to stable demand for accountants, and Chicago often tracks that trend thanks to its deep base of finance, manufacturing, healthcare, education, and government employers.

Hiring tends to follow predictable cycles. Public accounting firms typically ramp up ahead of audit busy season, while corporate controllers and tax departments expand workloads around quarterly closes, fiscal year-ends, and spring and fall tax deadlines. Post-pandemic, many employers in Chicago have adopted hybrid schedules, though on-site work is still common during inventory counts, audits, or key close activities. Specialized skills in data analytics, ERP systems, and regulatory reporting can help candidates stand out in this market.

Labor Market

The Chicago metro (often called Chicagoland) includes the city and a network of suburban business centers such as Oak Brook, Schaumburg, Deerfield, and Northbrook. This geography broadens opportunities for accountants in corporate headquarters, shared service centers, and distribution-focused operations. The Loop remains a dense cluster for financial services, public accounting, and corporate finance teams, while the West Loop and Fulton Market districts have seen growth in tech, consumer brands, and professional services that hire accountants for revenue recognition, cost accounting, and business partnering roles.

Regional industry characteristics shape day-to-day accounting work. Chicago’s strong financial markets mean frequent openings in audit, risk, internal controls, and SEC reporting. A large manufacturing and food processing footprint creates demand for cost accountants and plant finance analysts. Healthcare systems and universities in the city typically employ accountants for grants management, fund accounting, and compliance. Logistics and e-commerce distribution centers around O’Hare and the I-90/I-294 corridors often need professionals skilled in inventory, fixed assets, and multi-entity consolidations.

Employers here frequently value the CPA, and many also look for proficiency with GAAP, SOX/internal controls, and tools like Excel, SAP, Oracle, Workday, Power BI, and Tableau. Knowledge of ASC 606 (revenue), ASC 842 (leases), and multi-state tax concepts can be advantageous. Experience with ESG/ sustainability reporting and data automation (for example, Alteryx) is also gaining traction in the market.

Major Employers

Accountants in Chicago can find roles across public accounting, corporate finance, financial markets, healthcare, education, and the public sector. Well-known organizations that often hire include:

  • Public accounting and advisory: Deloitte, PwC, KPMG, EY, RSM US, Grant Thornton, BDO USA, Crowe
  • Financial services and markets: Northern Trust, CME Group, Cboe Global Markets, Morningstar, Federal Reserve Bank of Chicago, CNA Financial
  • Corporate headquarters and industry leaders: Exelon, United Airlines, Mondelez International, Kraft Heinz, Walgreens (Deerfield), AbbVie (North Chicago), Abbott (Abbott Park), Allstate (Northbrook), Mondelez and other consumer brands in Fulton Market
  • Healthcare and education: Northwestern Medicine, UChicago Medicine, Rush University Medical Center, University of Illinois Chicago
  • Government and nonprofit: City of Chicago, Cook County, State of Illinois agencies, and numerous nonprofits and cultural institutions

Many of these employers run structured campus recruiting programs and also hire experienced professionals for roles in audit, tax, financial reporting, FP&A, and internal audit. Contract and project-based assignments are common during peak periods, with conversion to permanent roles possible in some cases.

Career Opportunities

Typical entry points include staff accountant, audit associate, or tax associate, with progression into senior accountant, senior auditor, senior tax associate, and eventually manager or controller. In corporate settings, accountants often move into financial reporting, technical accounting, cost accounting, revenue accounting, or FP&A. In Chicago’s finance ecosystem, fund accounting roles are common with private equity, hedge funds, and real estate investment managers. Internal audit and SOX compliance roles remain active due to regulatory requirements and ongoing process modernization.

Professionals who enjoy client-facing work and varied engagements may gravitate toward public accounting, while those who prefer depth in a single business may choose corporate accounting or FP&A. Specialized tracks—such as SEC reporting, international tax, transfer pricing, and M&A integration—are available at many large employers in the metro. Networking through local professional groups, including the Illinois CPA Society based in Chicago, can help candidates learn about openings and industry developments. Strong communication skills and the ability to collaborate across departments are consistently valued, especially in hybrid environments where teams coordinate across multiple locations.

Overall, the outlook for accountants in Chicago is generally positive, supported by the region’s broad industry base, the presence of global firms, and ongoing needs for accurate financial reporting and compliance. Candidates who pair core accounting fundamentals with technology and data skills typically find a wide range of opportunities across the city and its surrounding suburbs.

Frequently Asked Questions about Accountant in Chicago

How much does a Accountant make in Chicago?

The average salary for a Accountant in Chicago is 89,056 $ per year on a 40-hour basis, or 7,421 $ gross per month.

Why are salaries converted to 40 hours?

Part-time and full-time reports are normalized to a 40-hour workweek so salary reports can be compared fairly.

Where can I find more salary comparisons for Accountant or Chicago?

You can find more comparisons on the profession overview for Accountant and the city overview for Chicago. They show reported cities or jobs with their difference from the average.