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Business Segment Manager Jobs in Park Ridge, IL (NOW HIRING)

The Business Segment Controller serves as the strategic finance partner to the Business Manager, providing the insight and analysis needed to drive informed decisions and enhance overall ...

The Business Segment Controller serves as the strategic finance partner to the Business Manager, providing the insight and analysis needed to drive informed decisions and enhance overall ...

Implement the product vision and strategic development process for assigned business segment to ... Plan, prioritize, and manage the product features and requirements from conceptual stages through ...

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Business Segment Manager information

See Park Ridge, IL salary details

$132.7K

$141.2K

$148.1K

How much do business segment manager jobs pay per year?

As of Aug 13, 2026, the average yearly pay for business segment manager in Park Ridge, IL is $141,153.00, according to ZipRecruiter salary data. Most workers in this role earn between $137,200.00 and $145,100.00 per year, depending on experience, location, and employer.

How does a business segment manager typically collaborate with other departments to achieve segment goals?

As a Business Segment Manager, you work closely with various teams such as sales, marketing, product development, and finance to align segment strategies with overall business objectives. Regular cross-functional meetings and data-sharing are common to ensure everyone is informed about market trends, customer feedback, and performance metrics. This collaboration helps you identify growth opportunities, address challenges proactively, and ensure that the segment’s goals are met efficiently. Building strong relationships and maintaining clear communication across departments is key to success in this role.

What is the difference between Business Segment Manager vs Product Manager?

AspectBusiness Segment ManagerProduct Manager
Primary FocusOverseeing specific business segments, including sales, marketing, and operations within a divisionDeveloping, launching, and managing individual products or product lines
Required SkillsBusiness strategy, market analysis, leadership, cross-functional coordinationProduct development, user experience, market research, technical understanding
Work EnvironmentCorporate divisions, sales teams, marketing departmentsProduct teams, engineering, design, marketing
Industry UsageCommon in large corporations with multiple business unitsPrevalent in tech, software, and consumer goods industries

While both roles involve strategic planning and cross-functional collaboration, the Business Segment Manager focuses on managing entire business divisions, whereas the Product Manager concentrates on specific products or services. Understanding these differences helps in choosing the right career path or job search focus.

What are the key skills and qualifications needed to thrive as a business segment manager?

To thrive as a Business Segment Manager, you need strong analytical abilities, market expertise, and a background in business administration or a related field, often supported by a bachelor's or master's degree. Familiarity with CRM software, business intelligence tools, and financial analysis platforms is typically required. Leadership, strategic thinking, and excellent communication skills help you drive team performance and foster client relationships. These skills ensure effective segment growth, targeted decision-making, and sustained competitive advantage.
What job categories do people searching Business Segment Manager jobs in Park Ridge, IL look for? The top searched job categories for Business Segment Manager jobs in Park Ridge, IL are:
What cities near Park Ridge, IL are hiring for Business Segment Manager jobs? Cities near Park Ridge, IL with the most Business Segment Manager job openings:

Business Segment Controller

Ametek

Waukegan, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 8 days ago


AMETEK rating

7.5

Company rating: 7.5 out of 10

Based on 45 frontline employees who took The Breakroom Quiz

89th of 157 rated electronics manufacturers


Job description

About Us:
Join AMETEK Power Quality Solutions, a leader in safeguarding sensitive equipment from power disruptions like spikes, blackouts, and electrical noise. As part of our team, you'll help ensure smooth, reliable power for critical systems worldwide. This is your chance to create innovative solutions and make a real difference in keeping vital systems running strong.
Job Summary:
The Business Segment Controller serves as the strategic finance partner to the Business Manager, providing the insight and analysis needed to drive informed decisions and enhance overall profitability. This role leads all financial operations for the business segment, including planning, implementing, and overseeing day-to-day financial activities. Responsibilities span accounting, financial management, forecasting, strategic planning, and cost accounting, ensuring strong financial controls, accurate reporting, and alignment with the business segment's long-term objectives.
Key Responsibilities:
  • Partner closely with the Business Manager to drive unit performance in achieving budgeted and forecasted financial targets
  • Lead and oversee all finance and accounting activities, taking hands-on ownership of critical tasks and ensuring operational excellence across the function
  • Deliver timely, accurate financial statements and analyses, providing meaningful insights into budgets, trends, and forecast performance while collaborating with sales and operations teams
  • Develop tools and systems to provide critical financial and operational information to the executive team and make actionable recommendation on both strategy and operations
  • Continuously evaluate short- and long-term financial objectives to ensure alignment with business strategy and growth goals
  • Build and maintain strong relationships with senior executives to identify their needs and seek full range of business solutions
  • Provide recommendations to strategically enhance financial performance and business opportunities
  • Ensure effective internal controls and maintain compliance with GAAP, SOX, ASC 606, and all relevant federal, state, and local reporting regulations
  • Lead working capital management initiatives
  • Participate in Physical inventories
  • Review spending requests for capital expenditures, research and development projects, and major expense projects and provide financial guidance on business unit investments
  • Support special initiatives, including acquisition evaluations, financial modeling, and preparation of executive-level reports
  • Supervise and develop a team of finance professionals, fostering a high-performance and continuous-improvement culture

Minimum Qualifications:
  • Bachelor's degree in Accounting or Finance
  • Minimum 6 years of progressive financial experience with at least 2 years in a financial management and leadership role
  • Extensive experience in both cost and financial accounting, financial planning and analysis, and financial reporting within a manufacturing or industrial context
  • Strong knowledge of GAAP, SOX, and ASC 606 - experience with monthly/quarterly closings; experience with compliance and documentation

Desired Qualifications:
  • MBA and/or CPA
  • Oracle and HFM background
  • Experience developing forecasts, budgets and long-term strategic plans
  • Computer skills - pivot tables, look-up formulas
  • Strong interpersonal skills, ability to communicate and manage well at all levels of the organization
  • Ability to exercise sound judgment and draw conclusions based on accurate and timely analysis
  • High level of integrity and dependability with a strong sense of urgency and results orientation
  • Demonstrated ability and willingness to use AI tools to improve productivity, decision-making, work quality, and to reduce costs. The successful candidate must be able to identify appropriate AI use cases and critically evaluate AI-generated outputs
  • Desire to advance your career into higher business management positions

What's in It for You:
  • Competitive compensation, holiday pay, and paid time off
  • Great benefits package that includes health, vision, and dental insurance
  • 401(k), plus matching
  • Flexible spending accounts (FSAs), health savings account (HSA) with AMETEK contribution, life insurance, disability insurance, and family medical leave
  • Paid parental leave
  • Employee referral program
  • Tuition reimbursement program
  • Employee assistance program
  • Exciting, fast-paced environment where you could make a true impact
  • Opportunities for career advancement within our business unit and across all other AMETEK business entities

#LI-Onsite
#LI-JP3
Compensation
Employee Type: Salaried
Currency: USD
Salary Minimum: 150,000
Salary Maximum: 190,000
Incentive: Yes
Disclaimer: Where a specific pay range is noted, it is a good faith estimate at the time of this posting. The actual salary offered will be based on experience, skills, qualifications, market / business considerations, and geographic location.
For more information on AMETEK's competitive benefits, please click here.
AMETEK, Inc. is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales over $7.5 billion.
AMETEK is committed to making a safer, sustainable, and more productive world a reality. We use differentiated technology solutions to solve our customers' most complex challenges. We employ 22,000 colleagues, in 35 countries, that are grounded by our core values: Ethics and Integrity, Respect for the Individual, Inclusion, Teamwork, and Social Responsibility. AMETEK is a component of the S&P 500. Visit https://www.ametek.com/careers for more information.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. Individuals who need a reasonable accommodation because of a disability for any part of the employment process should call 1 (866) 263-8359.

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