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Associate In Accounting Jobs in Chicago, IL (NOW HIRING)

inlandgroup

Accounting Associate

Oak Brook, IL

This role is ideal for someone who thrives in a fast-paced environment, enjoys both administrative ... What You'll Do As an Accounting Associate, you will play a key role in supporting daily financial ...

Endurant Energy

Accounting Associate

Chicago, IL · Hybrid

$60K - $75K/yr

We are an affiliate of LS Power, a leading US private equity firm, specializing in energy ... Accounting Associate Reporting to the VP of Accounting and Finance, the Accounting Associate ...

Palm Tree

Associate, Accounting Advisory

Chicago, IL · On-site

$100K - $150K/yr

Associate, Accounting Advisory About Palm Tree Palm Tree is a modern M&A value creation firm that ... Founded in 2010, Palm Tree partners with private equity firms, business operators, and management ...

Palm Tree

Associate, Accounting Advisory

Chicago, IL · On-site

$100K - $150K/yr

Associate, Accounting Advisory About Palm Tree Palm Tree is a modern M&A value creation firm that ... Founded in 2010, Palm Tree partners with private equity firms, business operators, and management ...

Robert Half

Accounting Associate

Chicago, IL · On-site

$90K - $100K/yr

... in order to determine impact on financial reporting and partner capital accounting requirements • Prepare fund level financial statements including balance sheet, schedule of investments, income ...

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All JobsAssociate In Accounting JobsAssociate In Accounting Jobs in Chicago, IL

Associate In Accounting information

See Chicago, IL salary details

$13

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$37

How much do associate in accounting jobs pay per hour?

As of Jun 9, 2026, the average hourly pay for associate in accounting in Chicago, IL is $25.68, according to ZipRecruiter salary data. Most workers in this role earn between $20.82 and $29.23 per hour, depending on experience, location, and employer.

What is the difference between Associate In Accounting vs Bookkeeper?

AspectAssociate In AccountingBookkeeper
Required CredentialsAssociate degree in accounting or related fieldHigh school diploma or equivalent; some may have certifications
Work EnvironmentAccounting firms, corporate finance departmentsSmall businesses, accounting offices
Job ResponsibilitiesAssisting with financial reports, data entry, basic accounting tasksRecording financial transactions, maintaining ledgers

While both roles involve handling financial data, an Associate In Accounting typically has a formal education and performs broader accounting functions, whereas a Bookkeeper mainly focuses on recording transactions and maintaining financial records. The Associate In Accounting role often involves more analytical tasks and may serve as a stepping stone toward more advanced accounting positions.

What are some common challenges faced by an Associate in Accounting during month-end close?

As an Associate in Accounting, one of the main challenges during month-end close is managing tight deadlines while ensuring accuracy in financial records. You'll often need to reconcile multiple accounts, resolve discrepancies, and gather information from various departments, all within a limited timeframe. Effective communication, attention to detail, and strong organizational skills are essential to handle these pressures and maintain the integrity of the financial statements. Collaborating closely with senior accountants and other team members is also key to a smooth and timely close.

What are Associate In Accounting jobs?

Associate In Accounting jobs typically refer to entry-level positions in the accounting field that require at least an associate degree in accounting or a related discipline. Individuals in these roles assist with basic accounting tasks such as bookkeeping, preparing financial statements, processing invoices, and reconciling accounts. These positions are a great starting point for those looking to build a career in accounting, offering hands-on experience and opportunities to learn about financial processes within a business. Most associate accountants work under the supervision of senior accountants or accounting managers and may advance with further education or experience.

What are the key skills and qualifications needed to thrive as an Associate in Accounting, and why are they important?

To thrive as an Associate in Accounting, you need a solid grasp of accounting principles, attention to detail, and a relevant degree such as a bachelor's in accounting or finance. Familiarity with accounting software like QuickBooks, Microsoft Excel, and ERP systems is typically required, and certifications like CPA or ACCA can be advantageous. Strong organizational skills, analytical thinking, and effective communication set top performers apart in this field. These skills and qualifications are crucial for ensuring accurate financial records, supporting audits, and contributing to the overall financial health of an organization.
What are the most commonly searched types of In Accounting jobs in Chicago, IL? The most popular types of In Accounting jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Associate In Accounting jobs? Cities near Chicago, IL with the most Associate In Accounting job openings:
Associate In Accounting jobs near you

Accounting Operations Associate

Guggenheim Investments

Chicago, IL • On-site

$100K - $110K/yr

Full-time

Posted 28 days ago

Job description

Position Summary
Guggenheim Investments is seeking an aspiring candidate to join its Investment Accounting team as Associate in the Investment Operations Department. This person will participate in analyzing security-level accounting information for client portfolio; maintaining GAAP and Statutory balance sheet values used in internal portfolio management decision-making process; ensuring accuracy of assets under management and performance values for internal reporting; and resolving cash and position reconciliation exceptions.
The ideal candidate should be detail-oriented, innovative, and enthusiastic to learn; have ability to take ownership of processes and manage time efficiently; possess analytical and problem-solving skills. This role is based in our Chicago office full-time.
Responsibilities
Key Responsibilities
  • Monitor accounting system production jobs; timely execute checks and controls to ensure accurate data in accounting system.
  • On daily basis ensure transactions and income are properly recorded in the accounting system; be able to trouble shoot, correct and identify root causes of the issues.
  • Work with Client Service Support team to ensure new portfolio and security-level accounting records are correct at the point of initial account set-up.
  • Verify accuracy of asset transfers and corporate actions recorded in the accounting system.
  • Periodically review earned interest for more complex investments.
  • Analyze fixed income securities book yields in accounting book of records ("ABOR"); process book value adjustments, load and validate expected cash flow assumptions to support accurate accounting book values and yields.
  • Reconcile periodically ABOR asset market values, accrued interest and cash balances to investment book of records ("IBOR"); identify, research and clearly summarize variances.
  • For certain portfolios, ensure holdings are reconciled to positions and values reported by Custodians. Communicate and resolve exceptions with Custodians.
  • Reconcile available cash to settled cash (including reconciliation of open receivable/payable for securities and interest due).
  • Prepare monthly reports for internal clients based on accounting datasets.
  • Participate and contribute to initiatives that generate greater accuracy in accounting information and process efficiencies; assist with special projects and ad hoc requests as assigned.

Qualifications
Basic Qualifications
  • Bachelor's degree in finance or accounting.
  • 2+ years' accounting experience in financial services, specifically back-office investment operations and/or fund accounting.
  • Proficiency in MS Excel (including understanding of complex formulas for large data analytics), Access, Word, etc.
  • Team-oriented individual with ability to collaborate with a diverse group.
  • Ability to multitask, prioritize and meet tight deadlines in a fast-paced environment, while maintaining accuracy and quality of work.

Preferred Qualifications
  • Currently holding or pursuing CPA (preferrable) or CFA.
  • Comprehensive knowledge about fixed income, loans, limited partnerships, and equity securities.
  • Experience with PAM for Investments, BlackRock Solutions and/or Wall Street Office or a similar investment system.
  • GAAP and/or Statutory accounting for insurance company investments.

We are not seeking agency assistance with this role.
We are unable to consider candidates who require current or future visa sponsorship for employment in the United States. Candidates must be authorized to work in the US without current or future visa sponsorship or transfer.
Salary Range
Annual base salary between
$100,000.00-$110,000.00
The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

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