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Director Financial Operations Jobs in Chicago, IL

CFS

Finance Director

Chicago, IL · Hybrid

$90K - $110K/yr

The team player will plan, direct, control and implement the financial policies and operations. The finance director reports to the executive director and the Board of Directors' Finance Committee.

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Director Financial Operations information

See Chicago, IL salary details

$35K

$110.9K

$184.9K

How much do director financial operations jobs pay per year?

As of Aug 24, 2026, the average yearly pay for director financial operations in Chicago, IL is $110,926.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,800.00 and $139,600.00 per year, depending on experience, location, and employer.

What is the difference between Director Financial Operations vs Financial Controller?

AspectDirector Financial OperationsFinancial Controller
Primary FocusOversees financial processes, strategic planning, and operational efficiencyManages accounting, financial reporting, and compliance
ResponsibilitiesFinancial strategy, process improvement, team leadershipFinancial statements, audits, internal controls
CredentialsTypically CPA or CFA, extensive finance experienceUsually CPA, accounting background
Work EnvironmentSenior leadership, cross-department collaborationFinance and accounting departments, compliance focus

The main difference is that the Director Financial Operations focuses on strategic financial management and operational efficiency, while the Financial Controller handles accounting, reporting, and compliance. Both roles require strong financial credentials and are vital in finance teams, but they serve different functions within an organization.

What are the most commonly searched types of Financial Operations jobs in Chicago, IL?

The most popular types of Financial Operations jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Director Financial Operations jobs?

Cities near Chicago, IL with the most Director Financial Operations job openings:

Director Financial Operations jobs near you
Infographic showing various Director Financial Operations job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 12% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $110,926 per year, or $53.3 per hour.

Senior Director Financial Operations / Compliance

Downers Grove, IL • On-site

CFS
See more jobs at CFSexternal

Full-time

PTO

This job post has expired today. Applications are no longer accepted.

Job description

Sr. Director, Financial Operations (AR & AP)

Salary: $180,000–$230,000 + Bonus

Our client is seeking a Sr. Director, Financial Operations (AR & AP) to lead enterprise-wide Accounts Receivable and Accounts Payable operations for a large, growing distribution organization. This highly visible leadership role offers the opportunity to drive operational excellence, improve working capital performance, and lead a major finance transformation initiative focused on process optimization, automation, and systems modernization.

Why Consider This Opportunity as the Sr. Director, Financial Operations?

  • High-visibility role with direct exposure to executive leadership
  • Opportunity to lead a significant AR modernization and AP optimization initiative
  • Stable, growing organization with strong leadership support
  • Ability to make a measurable impact on cash flow, working capital, and operational performance
  • Collaborative culture focused on continuous improvement and innovation
  • Opportunity to build and shape a best-in-class finance operations function
  • Unlimited PTO and competitive benefits package

Key Responsibilities for the Sr. Director, Financial Operations

  • Lead end-to-end Accounts Receivable and Accounts Payable operations, including invoicing, collections, cash application, credit management, vendor management, invoice processing, and disbursements
  • Ensure accurate, timely, and controlled execution of financial operations in support of month-end close and financial reporting
  • Establish and monitor service level agreements (SLAs), KPIs, and performance dashboards across AR and AP functions
  • Drive working capital initiatives, including DSO improvement, cash application effectiveness, and payables optimization
  • Maintain strong internal controls, SOX compliance, and audit readiness
  • Assess current-state processes and implement improvements to increase efficiency, scalability, and operational effectiveness
  • Standardize and document financial processes across multiple business units and locations
  • Optimize Oracle Cloud functionality and adoption within Accounts Payable operations
  • Develop and execute a roadmap for Accounts Receivable systems modernization and integration
  • Partner with IT and business leaders to enhance automation, reporting, workflow management, and data quality
  • Lead, develop, and mentor finance operations teams while driving a culture of accountability and continuous improvement

Qualifications for the Sr. Director, Financial Operations

  • Bachelor’s degree in Accounting, Finance, or related field; CPA or MBA preferred
  • 10+ years of finance/accounting operations leadership with ownership of AR and AP
  • Experience in complex B2B distribution, manufacturing, or logistics environments
  • Proven success leading process improvements, systems transformations, and operational change
  • Strong ERP expertise, including Oracle Cloud; legacy system modernization experience preferred
  • Strong working capital, cash flow, and internal controls experience
  • Demonstrated leadership, communication, and team development skills
  • Ability to drive strategic initiatives while ensuring operational excellence

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