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Statutory Accounting Jobs in Illinois (NOW HIRING)

EquiTrust

Accounting Manager

Chicago, IL · On-site

$115 - $158/hr

STAT (Statutory Accounting Principals) accounting experience required * At least five years of experience within the life insurance and/or annuity industry * Experience working with accounting ...

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W3Global Inc.

Senior Investment Accountant

Glenview, IL · On-site

$120K - $150K/yr

This role is responsible for overseeing investment accounting operations, ensuring compliance with statutory reporting requirements, and supporting complex investment transactions. The ideal ...

Kemper

Senior Accountant

Chicago, IL · On-site

$76K - $95K/yr

Familiarity with US GAAP, familiarity with statutory accounting principles is a plus * Experience navigating a large ERP environment * Proficiencyin MS Office products - intermediate to advanced ...

Groupon, Inc.

Tax Accounting Manager

Chicago, IL · Hybrid

Help compute our tax provision, both for US GAAP and statutory accounting purposes * Determine accounting treatment under ASC740 and document analysis * Review, monitor and report ASC 740 uncertain ...

Groupon, Inc.

Tax Accounting Manager

Chicago, IL · On-site

Help compute our tax provision, both for US GAAP and statutory accounting purposes * Determine accounting treatment under ASC740 and document analysis * Review, monitor and report ASC 740 uncertain ...

Deloitte

Tax Manager - Insurance Tax

Chicago, IL · On-site

$114K - $149K/yr

Income Taxes (ASC 740) and Statement of Statutory Accounting Principles No. 101 (SSAP 101). * Technologically inclined, with the ability to articulate complex tax issues in a simplified manner across ...

Beech Valley Solutions

Controller (Chicago)

Chicago, IL · On-site

$120K - $130K/yr

... statutory accounting principles (SAP) and GAAP Familiarity with Illinois Department of Insurance regulations and reporting requirements Proven ability to manage audits, nancial statements, and ...

Beech Valley Solutions

Controller (Chicago)

Chicago, IL · On-site

$120K - $130K/yr

... of statutory accounting principles (SAP) and GAAP • Familiarity with Illinois Department of Insurance regulations and reporting requirements • Proven ability to manage audits, financial ...

Trean Corporation

Accounting Manager

Downers Grove, IL · On-site

The Accounting Manager - Insurance is responsible for the monthly close, Statutory and management report preparation and daily accounting tasks and reconciliations as well as valuable communication ...

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All JobsStatutory Accounting JobsStatutory Accounting Jobs in Illinois

Statutory Accounting information

See Illinois salary details

$42.6K

$92.7K

$133.7K

How much do statutory accounting jobs pay per year?

As of Aug 29, 2026, the average yearly pay for statutory accounting in Illinois is $92,696.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,600.00 and $108,500.00 per year, depending on experience, location, and employer.

What is statutory accounting?

A Statutory Accounting job involves preparing and maintaining financial records in compliance with regulatory requirements and industry standards. Professionals in this role ensure that financial statements adhere to statutory accounting principles (SAP), which are often used in regulated industries like insurance. They analyze financial data, prepare reports for regulators, and ensure compliance with laws and guidelines. This role requires strong attention to detail, knowledge of financial regulations, and proficiency in accounting principles.

What are the key skills and qualifications needed to thrive in statutory accounting, and why are they important?

To thrive in Statutory Accounting, you need a strong background in accounting principles, financial reporting, and a thorough understanding of regulatory requirements, often supported by a degree in accounting or finance and, ideally, CPA certification. Proficiency with accounting software (such as SAP, Oracle, or Microsoft Dynamics) and advanced Excel skills are typically required, along with familiarity with statutory reporting standards like GAAP or IFRS. Attention to detail, analytical thinking, and strong organizational and communication skills are important for ensuring accuracy and collaborating across departments. These skills are vital for maintaining compliance, preparing accurate financial statements, and supporting the organization's financial integrity.

What are some typical challenges faced by professionals in statutory accounting roles?

Statutory accounting professionals often navigate complex and frequently changing regulatory requirements, which means staying current with new standards and ensuring meticulous compliance in all reporting. Tight deadlines are common, especially during close periods or external audits, and require strong time management skills. Collaboration with various departments, such as tax, legal, and operations teams, is essential for gathering accurate data and resolving discrepancies. Overcoming these challenges is key to producing accurate statutory reports and supporting the organization's overall financial transparency and compliance.

What are the most commonly searched types of Statutory Accounting jobs in Illinois?

The most popular types of Statutory Accounting jobs in Illinois are:

What are popular job titles related to Statutory Accounting jobs in Illinois?

For Statutory Accounting jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Statutory Accounting jobs in Illinois look for?

The top searched job categories for Statutory Accounting jobs in Illinois are:

What cities in Illinois are hiring for Statutory Accounting jobs?

Cities in Illinois with the most Statutory Accounting job openings:

Statutory Accounting jobs near you
Infographic showing various Statutory Accounting job openings in Illinois as of August 2026, with employment types broken down into 100% Full Time. Highlights an 92% In-person, and 8% Hybrid job distribution, with an average salary of $92,696 per year, or $44.6 per hour.

Portfolio Accounting Associate

The Rockridge Group

Chicago, IL

Full-time

Re-posted 25 days ago

Job description

 
 

 
 

 
Title:    Portfolio Services Accounting Associate About the Position
Client X is seeking an exceptional candidate to join its Portfolio Services team as a Portfolio Reconciliation/Accounting Associate in the Portfolio Operations Department. Reporting to the Head of Investment Accounting/Reconciliation, this person will be responsible for resolving cash and position reconciliation exceptions; analyzing security level accounting information for client portfolios, including data attributes and metrics used to calculate performance returns and invoice amounts; and the maintenance of GAAP and Statutory balance sheet values used in the portfolio management decision-making process.
 
The ideal candidate will be organized, detail-oriented, innovative, manage time efficiently, and possess critical- and analytical-thinking skills. A key aspect of the role is collaborating and communicating with other groups within Portfolio Operations, portfolio management teams, and custodial bank representatives.
 
This position is located in Chicago.
 
Responsibilities Include
  • Responsible for reviewing that all portfolio level transactional activity is being properly recorded and performing daily reviews on system-to-system feeds of transactional activity. 
  • Work with internal and external parties in order to resolve breaks, identify root causes and expedite resolution.
  • Monitor formal processes in order to ensure reconciliation processes meet standards established by internal and external auditors including SAS 70 procedures.
  • Analytically review daily transactional activity to ensure that the market values of portfolios are accurately recorded by the accounting system to ensure accurate performance information for both client and internal reporting.
  • Work with Client Service Support team to ensure that portfolio and security level accounting characteristics are correct at the point of initial account set-up.
  • Assess income recognition on complex fixed income instruments and identify/resolve issues with system generated accruals.
  • Analyze fund/account data to identify potential problems and develop appropriate solutions and recommendations.
  • Evaluate efficiency and effectiveness of current processes and controls to make recommendations for continuous process improvement and support implementation. This will involve a high degree of working with other departments (Trade Operations, Data Integrity, Pricing, Reconciliation, and Performance) in identification and remediation of process issues.
  • Maintain, review and analyze GAAP and Statutory accounting information for fixed income, equity, and derivative positions and transactions for all applicable client portfolios in an accurate and timely manner.
  • Assist in the development and documentation of policies and procedures for work performed.
  • Actively participate and contribute to both firm wide and department initiatives.
  • Assist with internal/external ad hoc requests, special projects, and other duties as assigned.
 Preferred Qualifications
  • Experience with PAM for Investments or a similar investment accounting system.
  • Experience with BlackRock Solutions and/or Wall Street Office or a similar investment book of records system.
  • A background in GAAP and/or Statutory accounting for insurance company investments a plus.
  • Sound working knowledge of fixed income and equity securities and an understanding of derivative accounting including interest rate derivatives, equity derivatives and credit derivatives.
  • Team-oriented individual with ability to collaborate with a diverse range of groups.
  • Ability to multitask and meet tight deadlines in a fast-paced environment, while maintaining accuracy and quality of work.
  • An eye for detail and an analytical mindset.
  • Problem solving skills and demonstrated ability to take initiative and critically analyze processes and procedures with the intention of constant improvement.
 
Basic Qualifications
  • Bachelor’s degree with at least 1-5 years of experience in financial services industry, specifically back office operations and/or fund accounting.
  • Excellent data skills (Excel, VBA, Access, etc.) and system experience.
  • Familiarity or prior experience with any of the following:
    • Fixed Income, Bank Loans, Derivates, Bonds
    • Fund Accounting experience
    • Global Custodian Processes