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Compensation Controller Jobs in Illinois (NOW HIRING)

The Rockridge Group

Financial Analyst

Chicago, IL · On-site +1

Administer the firm's incentive compensation process with the Assistant Controller and Compensation Controller as well as communicate all compensation with the HR department * Provide award payments ...

CFS

Controller

Tinley Park, IL · On-site

$125K - $165K/yr

... Competitive compensation with 100% employer-paid medical and dental • High-impact role with autonomy and leadership exposure Key Responsibilities for the Controller: • Oversee financial ...

CFS

Controller

Oak Brook, IL · Hybrid

Controller Location ... Oak Brook, IL (Hybrid) Compensation: $115,000-$130,000 + Bonus Why This Role Stands Out * Strong ...

CFS

Controller

Itasca, IL · On-site

Strong compensation, health benefits, retirement plans, and performance incentives Key Responsibilities of the Controller: * Oversee all aspects of accounting operations including general ledger, AP ...

Elevate-Studio

Controller

Elgin, IL

$100K - $180K/yr

On-site preferred, with some flexibility Employment Type: Full-Time Compensation: $100,000-$180,000 ... Controller An experienced financial leader who can take immediate ownership of the finance function ...

Wylander Solutions

Controller

Hainesville, IL · On-site

$85K - $100K/yr

... Controller for a company in Hainesville, IL ... Compensation & Benefits: · Base salary: $85,000 plus (DOE) · Additional Incentives based on KPI ...

Cherry Bekaert

Controller

Chicago, IL · Hybrid

$164K - $285K/yr

As the Controller, you will: * Provide leadership to the accounting team, including coaching ... Competitive compensation and a total rewards package that focuses on all aspects of your wellbeing

The LaSalle Group

Fractional Controller

Chicago, IL · On-site

$140K - $160K/yr

LaSalle Network is seeking a dynamic Fractional Controller to join an expanding Outsourced ... Compensation: $150,000-$170,000 annually * Benefits: Medical, dental, vision, 401(k), FSA, HSA

STRM Recruiting

Controller

Elgin, IL · On-site

Competitive compensation: $100,000 $180,000 + bonus potential Clear path to Controller / CFO-level leadership Direct access to ownership and decision-making Opportunity to modernize and shape the ...

ITW

Controller

Lake Bluff, IL

$122K - $140K/yr

The BU Controller will be expected to be a champion of the ITW toolbox that promotes simplification ... Ability to work on-site for collaborative opportunities on occasion Compensation Information: The ...

Arnie Bauer Buick Cadillac GMC

Controller

Matteson, IL · On-site

... Controller to replace our retiring Controller. You will.oversee all accounting and financial ... Competitive compensation package * Health, dental, and vision insurance * 401(k) plan * Paid ...

CFS

Manufacturing Controller

Lombard, IL · On-site

$108K - $130K/yr

... compensation plus robust benefits package starting day one Key Responsibilities for the Manufacturing Controller: • Partner with plant leadership to drive profitability and operational performance ...

CFS

Controller

Schaumburg, IL · Hybrid

Controller $140,000-$150,000 + Bonus Hybrid Schedule | Northwest Suburbs Our client, a rapidly ... Competitive compensation package, strong benefits, and flexible hybrid work schedule Key ...

COOK'S DIRECT, INC.

Controller

Woodridge, IL · On-site

$180K - $190K/yr

The Controller administers and maintains company accounting records, provides financial leadership ... compensation, property and casualty, auto, D&O, product liability, and group insurance • Other ...

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Compensation Controller information

Do I need a CPA to become a controller?

A CPA is not required to become a compensation controller, but it can enhance credibility and career prospects in finance and accounting roles. Many controllers have accounting degrees and relevant experience, and certifications like CPA or CMA can be beneficial for advancing in the field.

What are Compensation Controllers?

Compensation Controllers are finance professionals responsible for overseeing and managing an organization's compensation programs, such as salaries, bonuses, and benefits. They ensure that compensation practices comply with legal regulations and align with the company's pay philosophy. Their duties often include analyzing compensation data, preparing reports, budgeting for employee compensation, and collaborating with HR and management to develop competitive pay structures. By maintaining effective compensation controls, they help attract and retain talent while managing costs.

What are the key skills and qualifications needed to thrive as a Compensation Controller, and why are they important?

To thrive as a Compensation Controller, you need strong analytical and financial skills, in-depth knowledge of compensation structures, and typically a degree in finance, accounting, or a related field. Familiarity with HRIS systems, payroll software, and advanced Excel or data analytics tools is essential, along with relevant certifications such as CCP (Certified Compensation Professional). Exceptional attention to detail, discretion, and strong communication skills help you collaborate effectively with HR and leadership teams. These competencies ensure accurate compensation management, regulatory compliance, and support for strategic decision-making within the organization.

Is controller higher than CFO?

A Compensation Controller is responsible for managing compensation-related financial data and ensuring accurate reporting within an organization. A CFO (Chief Financial Officer) holds a senior executive role overseeing all financial aspects of a company, including strategy, reporting, and risk management. Typically, the CFO is higher in the organizational hierarchy than a Compensation Controller.

How does a Compensation Controller typically collaborate with HR and finance teams to ensure accurate payroll and benefits administration?

A Compensation Controller works closely with both HR and finance departments to ensure that payroll, bonuses, and benefits are administered accurately and in compliance with company policies and legal requirements. They often coordinate with HR to interpret compensation policies and analyze market data, while partnering with finance to reconcile payroll expenses and manage compensation budgets. Regular cross-departmental meetings and data-sharing are common, allowing the Compensation Controller to identify discrepancies, resolve issues, and support strategic compensation planning. Effective collaboration is key to maintaining transparency and ensuring all employee compensation is processed correctly and on time.

What jobs pay 500,000 a year in the US?

In the US, Compensation Controllers typically do not earn $500,000 annually; such high salaries are more common among top executives like CEOs, investment bankers, or specialized surgeons. Compensation at this level often involves a combination of base salary, bonuses, stock options, and other incentives, usually in senior leadership or highly specialized roles. Achieving this income generally requires extensive experience, advanced certifications, and leadership responsibilities.

What jobs make $1,000,000 a year?

In the field of compensation control, high-level executive roles such as Chief Financial Officer (CFO) or Chief Executive Officer (CEO) can earn over $1 million annually, especially in large corporations. These positions often require extensive experience, advanced certifications, and leadership skills, with compensation packages including salary, bonuses, and stock options. Other highly compensated roles in finance or consulting may also reach this level, but they are less common and typically involve significant responsibility and expertise.

What is the difference between Compensation Controller vs Payroll Manager?

AspectCompensation ControllerPayroll Manager
Primary FocusOversees compensation policies, salary structures, and complianceManages payroll processing, employee payments, and related operations
CredentialsOften requires HR or finance certifications, experience in compensationTypically requires payroll certifications or HR experience
Work EnvironmentCorporate HR or finance departments in various industriesPayroll or HR departments, often within larger organizations
Employer UsageUsed in organizations with complex compensation structuresCommon in companies with large payroll operations

The Compensation Controller focuses on designing and managing compensation strategies and policies, ensuring compliance and competitiveness. In contrast, the Payroll Manager handles the day-to-day processing of employee payments. While both roles require understanding of compensation and payroll systems, the Compensation Controller has a broader strategic role, whereas the Payroll Manager is more operational.

What are popular job titles related to Compensation Controller jobs in Illinois? For Compensation Controller jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Compensation Controller jobs in Illinois look for? The top searched job categories for Compensation Controller jobs in Illinois are:
What cities in Illinois are hiring for Compensation Controller jobs? Cities in Illinois with the most Compensation Controller job openings:
Compensation Controller jobs near you
Infographic showing various Compensation Controller job openings in Illinois as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution.
Financial Analyst

Financial Analyst

The Rockridge Group

Chicago, IL • On-site, Remote

Full-time

Posted just now

Job description

Job Title: Financial Analyst
Location: Chicago, IL (open to remote as well)
Duration: 6+ months
This position provides dedicated professional finance and accounting services surrounding compensation and equity transactions. This person will work on many detail-oriented activities such as recording journal entries, compensation tracking, account reconciliations, monthly close procedures, financial statement reporting and annual audit. This individual will liaise with other internal groups such as Corporate Accounting, FP&A, HR, Tax, Treasury and Payroll.
The Financial Analyst will be required to demonstrate strong analytical, reporting, and systems skills utilizing Excel VBA and database tools.
Specific responsibilities include:
  • Variance analysis on an account level basis and legal entity level
  • Perform bank reconciliations as needed
  • Track awards for all new offer letters, continuing employment letters, and separation agreements
  • Compile and review journal entries for cash and non-cash compensation items for the monthly close process
  • Administer the firm’s incentive compensation process with the Assistant Controller and Compensation Controller as well as communicate all compensation with the HR department
  • Provide award payments to Payroll on a semi-monthly basis
  • Reconcile compensation accounts on a monthly basis for all legal entities
  • Prepare annual phantom award letters for participating employees
  • Identify, develop, and implement process improvements to create greater efficiency and productivity
  • Work closely with Tax, Treasury, and FP&A, Management Reporting departments as needed
  • Assist with Corporate audit tasks
Skills & experience required:
  • Undergraduate degree in Accounting or Finance. CPA or MBA preferred
  • 4-8 years’ experience in a corporate reporting/corporate financial management role
  • Financial services industry experience preferred
  • Detail-oriented, hands-on, analytical, commitment to highly accurate quality work product; above average computer proficiency, particularly excel
  • Strong work commitment and personal ownership of assigned tasks
  • Experience with OneStream software a plus; understanding of ledger database structure and organizational hierarchies strongly preferred
  • Knowledge of recent GAAP pronouncements including (precodification 115, 123R, 141R, 157, 159, 160, and 167); experience and ability to apply standards in practice
  • Monthly/annual close experience with GL systems a plus
  • Experience with coding, particularly Excel VBA desired