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Financial Control Manager Jobs in Chicago, IL (NOW HIRING)

At Bank of America, we are guided by a common purpose to help make financial lives better through ... Ensures timely execution of QA activities including control execution, case management, and results ...

You'll collaborate with business partners and control managers to ensure documents meet compliance ... In-depth knowledge of financial services operations, regulatory, and compliance environments

Inventory Control Manager

Chicago, IL · On-site

$109K - $137K/yr

Key priorities include: managing the inventory controls team, working with third party logistics ... Financial benefits: 401K with up to a 4% match Company paid Life Insurance and AD&D Flexible ...

Inventory Control Manager

Chicago, IL · On-site

$109K - $137K/yr

Key priorities include: managing the inventory controls team, working with third party logistics ... Financial benefits: • 401K with up to a 4% match • Company paid Life Insurance and AD&D • ...

Reports material related KPI's in correlation with Finance and investigates discrepancies and ... Manages the interface with key stakeholders (menu development / procurement / commercial /unit / IT ...

Reports material related KPI's in correlation with Finance and investigates discrepancies and ... Manages the interface with key stakeholders (menu development / procurement / commercial /unit / IT ...

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Financial Control Manager information

See Chicago, IL salary details

$40.2K

$84.6K

$128.3K

How much do financial control manager jobs pay per year?

As of Jul 28, 2026, the average yearly pay for financial control manager in Chicago, IL is $84,611.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,300.00 and $124,600.00 per year, depending on experience, location, and employer.

How much do financial controllers get paid?

Financial controllers typically earn a median annual salary of around $85,000 to $130,000, depending on experience, industry, and location. Senior controllers or those in large organizations can earn higher salaries, often exceeding $150,000, especially with professional certifications like CPA or CMA. Compensation also includes bonuses and benefits based on performance and company size.

What does a Financial Control Manager do?

A Financial Control Manager is responsible for overseeing an organization’s financial reporting, internal controls, and compliance with financial regulations. They ensure that financial statements are accurate, processes follow established policies, and any financial risks are identified and mitigated. This role often involves working closely with auditors, implementing best practices for financial procedures, and supporting decision-making by providing reliable financial data. Strong analytical skills and attention to detail are essential for success in this position.

Who is higher, controller or CFO?

In a typical organizational hierarchy, the CFO (Chief Financial Officer) is higher than a financial controller. The CFO oversees the entire financial strategy and reports to the CEO, while the controller manages accounting operations and financial reporting under the CFO's direction. The controller is often considered a senior managerial role but generally reports to the CFO or finance director.

What is the difference between Financial Control Manager vs Financial Analyst?

AspectFinancial Control ManagerFinancial Analyst
Required CredentialsBachelor's degree in Finance, Accounting, or related field; CPA or CMA often preferredBachelor's degree in Finance, Economics, or related field; certifications like CFA beneficial
Work EnvironmentCorporate finance departments, accounting firms, large organizationsInvestment firms, corporate finance teams, consulting firms
Employer & Industry UsageUsed in industries requiring financial oversight and complianceUsed in investment analysis, budgeting, and financial planning

The Financial Control Manager focuses on overseeing financial reporting, compliance, and internal controls within organizations, ensuring accuracy and regulatory adherence. In contrast, the Financial Analyst primarily analyzes financial data to support investment decisions, budgeting, and forecasting. While both roles require strong financial knowledge and certifications, the Control Manager emphasizes financial oversight, whereas the Analyst emphasizes data analysis and strategic insights.

Is a CFO a high stress job?

A CFO (Chief Financial Officer) role is typically high stress due to responsibilities such as financial planning, risk management, and strategic decision-making. The position often involves long hours, tight deadlines, and significant accountability for a company's financial health.

What are some common challenges Financial Control Managers face when ensuring accurate financial reporting?

Financial Control Managers often encounter challenges such as reconciling large volumes of data from various sources, staying up-to-date with evolving regulatory requirements, and maintaining strong internal controls to prevent errors or fraud. They must collaborate closely with cross-functional teams to verify data accuracy and resolve discrepancies quickly. Effective communication and adaptability are key, as they frequently need to explain complex financial concepts to non-finance stakeholders and respond to tight reporting deadlines.

What is a financial control manager?

A financial control manager is responsible for overseeing an organization’s financial reporting, internal controls, and compliance with accounting standards. They develop and implement financial policies, monitor budgets, and ensure accurate financial data, often using accounting software and requiring strong analytical skills. This role typically requires a background in finance or accounting and relevant certifications such as CPA or CMA.

What are the key skills and qualifications needed to thrive as a Financial Control Manager, and why are they important?

To thrive as a Financial Control Manager, you need strong accounting expertise, analytical skills, and a solid background in finance, typically supported by a degree in accounting or finance and professional certifications like CPA or ACCA. Familiarity with financial reporting systems, ERP software (such as SAP or Oracle), and advanced Excel skills are commonly required. Outstanding attention to detail, leadership, and effective communication help you manage teams and collaborate across departments. These skills ensure accurate financial oversight, compliance, and support effective decision-making within the organization.
Infographic showing various Financial Control Manager job openings in Chicago, IL as of July 2026, with employment types broken down into 1% As Needed, 75% Full Time, 19% Part Time, 1% Temporary, 3% Contract, and 1% Nights. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $84,611 per year, or $40.7 per hour.
Invenory Control Manager

Other

Posted 8 days ago


Job description

Overview:

The Inventory Control Manager is a foundational leadership role responsible for designing, implementing, and maintaining the accuracy, integrity, and visibility of all warehouse inventory processes from the ground up. This is a unique opportunity for a motivated and experienced inventory professional to build a best-in-class inventory management system.

The successful candidate will be a hands-on leader who can take ownership of establishing inventory control processes, creating a comprehensive cycle counting program, conducting rigorous audits and reconciliations, and performing root-cause analysis of discrepancies. The ideal candidate possesses deep knowledge of WMS functionality, ERP systems, financial acumen, strong analytical skills, and proven leadership in a distribution or warehouse environment.

Key Responsibilities:

System Design & Implementation

  • Lead the design and implementation of new, efficient inventory systems and workflows.
  • Create real-time feedback mechanisms and standard operating procedures (SOPs) to drive behavioral changes among staff, ensuring adherence to new logic.
  • Configure and optimize the Warehouse Management System (WMS) to support new inventory control methodologies, location controls, and workflow standards.

Inventory Accuracy & Integrity

  • Ensure all inventory records are accurate, timely, and aligned with physical counts.
  • Maintain a high-accuracy perpetual inventory system with minimal adjustments.
  • Lead daily, weekly, and monthly cycle count processes.
  • Oversee full physical inventories for client and company owned inventory.

Cycle Count Program Ownership

  • Establish, lead and manage a comprehensive cycle count program.
  • Develop and manage an ABC classification structure to determine count frequency.
  • Work with warehouse supervisors to schedule counting activities efficiently.
  • Ensure counts are completed within established timeframes and quality standards.
  • Track results and identify patterns of recurring discrepancies for continuous improvement.

Audit & Reconciliation

  • Investigate all inventory discrepancies, including stockouts, overages, and missing items.
  • Conduct systematic root-cause analysis to eliminate repeat issues at the source.
  • Collaborate with Inbound and Outbound teams to verify receiving, putaway, picking, and shipping accuracy.
  • Ensure timely adjustment and documentation of inventory corrections with finance approval.

WMS and ERP Expertise

  • Serve as the subject matter expert on warehouse inventory-related system functionality.
  • Partner with IT, Operations, and Finance to improve WMS control processes, ensure proper inventory transfer to ERP, and build necessary reporting dashboards.
  • Utilizing industry best practices, create robust SOPs and a comprehensive training program for warehouse staff on proper system usage to prevent errors.

Process Improvement & Compliance

  • Identify and implement process improvements that leverage technology to enhance inventory control and operational efficiency.
  • Maintain strict adherence to developed SOPs related to inventory management and control.
  • Support internal and external audits for clients and finance.
  • Drive continuous improvement initiatives tied to KPIs related to accuracy, productivity, and transparency.

Leadership & Team Development

  • Indirect leadership and development of inventory control staff.
  • Set clear expectations, KPIs, and accountability standards across the operation teams regarding inventory practices and adherence.
  • Collaborate with warehouse supervisors to support cross-functional inventory activities.
  • Build strong partnerships with the Inbound, Outbound, Production/Reman, Finance, IT and Quality teams to foster a culture of inventory ownership and engagement.

 Competencies:

  • 7–10+ years experience in warehouse, distribution, or inventory control roles.
  • Minimum 3 years supervising inventory or warehouse personnel.
  • Proven experience implementing new WMS features or designing new inventory processes.
  • Strong understanding of inventory management principles and industry best practices (APICS certification is a plus).
  • Experience with WMS platforms (WithoutWire or similar preferred) and ERP systems.
  • Excellent analytical and problem-solving skills; highly comfortable with data analysis.
  • Proficiency in Excel; Power BI experience is a strong plus.
  • Strong communication, leadership, and organizational abilities.
  • Ability to work collaboratively across departments in a fast-paced environment and manage change effectively.