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Functional Analyst Jobs in Chicago, IL (NOW HIRING)

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Workday Functional Analyst

Lisle, IL

The Workday Functional Analyst serves as a strategic partner, subject matter expert and platform thought leader of Workday as the system of record for HR and Finance data at TRS. This role owns the ...

Deutsche Bank

Lead Business Functional Analyst

Cary, IL · On-site

$154K - $165K/yr

Lead Business Functional Analyst Location: Cary, NC Overview DB Global Technology, Inc. seeks a Lead Business Functional Analyst in Cary, NC to implement Information Technology (IT) solutions in a ...

FUCHS

SAP TM Functional Analyst (S/4HANA)

Harvey, IL · On-site

$130K - $140K/yr

Role Summary The SAP Functional Consultant - Inventory to Deliver (I2D) supports the design and implementation of warehouse and transportation execution processes as part of a global SAP S/4HANA ...

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Functional Analyst information

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How much do functional analyst jobs pay per hour?

As of Aug 24, 2026, the average hourly pay for functional analyst in Chicago, IL is $50.43, according to ZipRecruiter salary data. Most workers in this role earn between $32.69 and $65.91 per hour, depending on experience, location, and employer.

What is a functional analyst?

A functional analyst helps companies optimize their business systems by examining their functionality. As a functional analyst, your job duties include evaluating current systems, designing improved systems through data modeling and research, preparing cost-benefit analyses, presenting your findings to company leaders, and implementing new business systems once approved. The qualifications for a career as a functional analyst include a bachelor’s degree in computer science or information technology, excellent analytical and communications skills, and significant experience with computer systems. Some employers prefer you to have a master’s degree in business administration (MBA) with a specialization in information systems.

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

To thrive as a Functional Analyst, you need a solid background in business analysis, requirements gathering, and process modeling, often backed by a degree in business, IT, or a related field. Familiarity with tools like SQL, UML, ERP systems (such as SAP or Oracle), and certifications like CBAP or PMI-PBA is highly beneficial. Strong communication, problem-solving, and stakeholder management skills set top performers apart in this role. These abilities ensure that business needs are accurately translated into functional solutions, driving successful project outcomes.

What are some common challenges functional analysts face when gathering requirements from stakeholders?

Functional Analysts often encounter challenges such as unclear or changing requirements, communication barriers between technical and non-technical stakeholders, and managing conflicting interests among different departments. To address these, successful Functional Analysts employ strong listening skills, facilitate effective meetings, and use documentation tools like process maps or user stories to clarify expectations. Building strong relationships with stakeholders and maintaining flexibility are essential for overcoming these hurdles and ensuring project success.

What is the difference between Functional Analyst vs Business Analyst?

AspectFunctional AnalystBusiness Analyst
Required CredentialsBachelor's in IT, Computer Science, or related field; certifications like CBAP or CCBABachelor's in Business, Management, or related field; certifications like CBAP or PMI-PBA
Work EnvironmentIT projects, software development, system implementationBusiness process improvement, project management, stakeholder analysis
Employer & Industry UsageTech companies, software vendors, IT departmentsConsulting firms, corporate business units, financial services
Common Search & Comparison IntentUnderstanding technical roles, system analysisBusiness process analysis, project requirements

While both roles involve analyzing and improving organizational processes, a Functional Analyst primarily focuses on technical system requirements and software functionalities. In contrast, a Business Analyst emphasizes understanding business needs and translating them into project requirements. Both roles often collaborate but serve different core functions within projects.

How much does a functional analyst make?

The average salary for a functional analyst typically ranges from $70,000 to $100,000 annually, depending on experience, industry, and location. Professionals with certifications like CBAP or experience with specific tools such as SAP or Oracle may earn higher salaries.
More about Functional Analyst jobs

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For Functional Analyst jobs in Chicago, IL, the most frequently searched job titles are:

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The top searched job categories for Functional Analyst jobs in Chicago, IL are:

Functional Analyst jobs near you
Infographic showing various Functional Analyst job openings in Chicago, IL as of August 2026, with employment types broken down into 80% Full Time, 2% Temporary, and 18% Contract. Highlights an 84% In-person, and 16% Remote job distribution, with an average salary of $104,891 per year, or $50.4 per hour.

Microsoft Dynamics AX Functional Analyst

360 IT Professionals

Chicago, IL • On-site

Full-time

Re-posted 11 days ago

Job description

Job Description

Microsoft Dynamics AX Functional Analyst 

Location: - Chicago, IL 60661

Duration: - 6+ months

Must Have:

  • 6+ years' experience in business analysis
  • Functional experience with Microsoft Dynamics AX including
  • Procure-to-Pay
  • Purchase requisitions
  • Solicitations
  • Purchase Agreements/Purchase Orders
  • Receiving
  • Invoice processing
  • Analytical experience with MS Dynamics AX including business rules and business processes
  • Create and update process documentation
  • QA experience
  • Ability to design and create reports
Additional Information

All your information will be kept confidential according to EEO guidelines.

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