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Financial Modeling Jobs in Chicago, IL (NOW HIRING)

Senior Financial Analyst

Burr Ridge, IL · On-site

$84K - $105K/yr

Process Improvement • Continuously improve forecasting methodologies, financial models, reporting automation, and analytical tools. • Identify opportunities to improve forecast accuracy ...

Develop AI-assisted financial models to improve forecasting accuracy and scenario planning. * Use machine learning tools or AI platforms to identify cost trends, anomalies, and operational ...

Chief Financial Officer

Chicago, IL · On-site

$210 - $270/hr

Lead budgeting, forecasting, long‑range planning, and financial modeling * Oversee liquidity planning, cash flow forecasting, and capital management * Develop executive dashboards and KPI ...

This candidate will support the overall budgeting, forecasting, and modeling across the Company. This role will require an agile FP&A candidate to contribute as an individual as well as ...

Develop AI-assisted financial models to improve forecasting accuracy and scenario planning. * Use machine learning tools or AI platforms to identify cost trends, anomalies, and operational ...

Senior Financial Analyst

Chicago, IL · On-site

$88K - $109K/yr

Essential Duties Financial analysis for employer group health plans including ongoing claim reporting, rate setting, contribution development and plan design modeling Leverage existing models to ...

Senior Financial Analyst

Chicago, IL · On-site

$88K - $109K/yr

Essential Duties • Financial analysis for employer group health plans including ongoing claim reporting, rate setting, contribution development and plan design modeling • Leverage existing models ...

Senior Financial Analyst

Chicago, IL · On-site

$88K - $109K/yr

Financial Analysis, Modeling & Risk Management * Analyze revenue, expense, and operational performance data to identify risks, trends, and opportunities for improvement. * Develop scenario ...

Senior Financial Analyst

Chicago, IL

$88K - $109K/yr

Financial Analysis, Modeling & Risk Management * Analyze revenue, expense, and operational performance data to identify risks, trends, and opportunities for improvement. * Develop scenario ...

Senior Financial Analyst

Chicago, IL · On-site

$88K - $109K/yr

Essential Dutie • Financial analysis for employer group health plans including ongoing claim reporting, rate setting, contribution development and plan design modeling • Leverage existing models ...

Showing results 21-40

Financial Modeling information

What do you do in financial modeling?

In financial modeling, a financial analyst or professional builds mathematical representations of a company's financial performance using spreadsheets and tools like Excel. They analyze historical data, project future financial outcomes, and assess investment or business decisions based on these models. Strong analytical skills and understanding of accounting, finance, and valuation techniques are essential for this role.

What are some common challenges faced in a financial modeling role, and how can I prepare for them?

One of the most common challenges in Financial Modeling is ensuring accuracy and consistency when working with large datasets and complex financial assumptions. You may also need to balance tight deadlines with the requirement for thorough analysis and clear documentation. To prepare, it helps to develop a methodical approach to building models, regularly validate your assumptions, and stay updated on industry best practices. Strong organization and communication skills will also help you effectively share findings and collaborate with cross-functional teams, such as accounting, operations, and strategy.

What is financial modeling?

A Financial Modeling job involves building mathematical models to analyze financial data, forecast future performance, and aid in decision-making. Professionals in this role use spreadsheets and financial software to evaluate investments, business valuation, budgeting, and risk assessment. They work in industries like investment banking, corporate finance, private equity, and consulting. Strong analytical skills, proficiency in Excel, and knowledge of financial concepts are essential for success in this field.

What are the key skills and qualifications needed to thrive in financial modeling?

Excelling in Financial Modeling requires strong analytical skills, advanced proficiency in mathematics, and a background in finance or accounting, often supported by a bachelor’s or master’s degree. Expertise with Microsoft Excel, financial modeling software (such as MATLAB or R), and familiarity with certifications like CFA or FMVA are highly valued. Attention to detail, effective communication, and the ability to explain complex concepts clearly are essential soft skills in this field. These abilities are crucial for producing accurate financial forecasts and supporting informed business decisions.

What are the most commonly searched types of Financial Modeling jobs in Chicago, IL? The most popular types of Financial Modeling jobs in Chicago, IL are:
What are popular job titles related to Financial Modeling jobs in Chicago, IL? For Financial Modeling jobs in Chicago, IL, the most frequently searched job titles are:
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Infographic showing various Financial Modeling job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 82% In-person, and 18% Hybrid job distribution.

Financial Advisory Analyst

Armory Group, LLC

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Retirement

Re-posted 23 days ago


Job description

Armory Group, LLC is a leading investment bank and financial advisory firm dedicated solely to the middle market. We provide a full range of advisory services on a national basis to companies and their lenders, including raising debt and equity financing, M&A and restructuring financial advisory services. We have won numerous national "deal of the year" awards for our M&A work from M&A Advisor and have broad industry coverage with 10 dedicated industry groups that bring unique, sector specific knowledge and expertise to each engagement.
While we regularly work with healthy or growing companies, what makes us relatively unique from other middle market investment banks is our reputation as one of the pre-eminent financial advisors for middle-market companies navigating complex situations or facing unique financial challenges, including raising rescue or turnaround capital for those operating in cyclical industries, undergoing turnaround or experiencing one-time events impacting performance. As a result of our work, we have been recognized with many national "deal of the year" awards from top industry organizations including M&A Advisor, with the 2021, 2022, 2024 and 2025 Turnaround Refinancing of the Year in the $100 million to $1 billion category and 2022 Boutique Investment Bank of the Year. In addition, our growing creditor advisory practice regularly represents some of the nation's largest banks, financial institutions and private lenders in such situations.
Since the original formation of our team in 2008, we have been involved in over $30 billion of transactions across over 175+ diverse engagements
Job Description & Responsibilities:
Armory is seeking both investment banking analysts and financial advisory analysts for our growing investment banking business and creditor advisory practice. We are seeking results-oriented professionals, who can analyze company financial information, develop financial models and lead workstreams in connection with investment banking and creditor advisory projects for Armory. This role requires strong financial modeling background and ability to complete high-quality work products in high-pressure, client-critical, transaction-oriented situations.
Armory offers a unique opportunity for Analysts to work as generalists on projects that provide exposure to various financial advisory and investment banking products and industries. The Chicago-based investment banking associate will have exposure to multiple industries, such as industrials, software and technology, business services, manufacturing, consumer & retail, and food & beverage. Analysts can expect to be involved in a variety of transactions, including debt and equity financings, mergers and acquisitions, recapitalization, valuations and restructuring assignments. Transaction teams are typically small in size, providing significant responsibility and exposure to senior level professionals and clients.
Requirements:
  • Bachelor's degree with top academic performance
  • Minimum one to two years of investment banking or restructuring experience required
  • Strong interest in M&A, debt and equity capital markets, special situations, and restructuring
  • Strong quantitative and qualitative skills, with experience in financial modeling and financial statement analysis, including the development of three-statement financial models and 13-week cash flow models
  • Self-directed, highly motivated, able to learn and work independently in a fast-paced, challenging environment and manage a variety of transactions and projects simultaneously
  • Excellent verbal and written communication skills
  • Demonstrated team player and leader with a strong motivation to contribute to a positive team culture
  • SIE, Series 63, and Series 79 licenses required at time of hiring or expected to be obtained shortly thereafter

This is a full-time position based in Chicago, IL. This is a hybrid role, consisting of both in-office and remote work. The targeted start date is immediate. Travel will be required at times. Compensation includes base salary, discretionary bonus commensurate with the industry, and full benefits (including health, dental, vision, flexible spending account, and 401k).