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Technical Accounting Jobs in Illinois (NOW HIRING)

Technical Accounting Analyst Sr.

Buffalo Grove, IL · On-site

$85K - $107K/yr

Job Summary The Sr. Technical Accounting Analyst will play a pivotal role in the Accounting department by providing technical accounting expertise and support in the preparation and review of audited ...

Senior Manager, Technical Accounting DRiV | Finance & Controllership Hybrid | Skokie, Illinois Position Overview The Senior Manager, Technical Accounting is a key leader within the controllership ...

Senior Manager, Technical Accounting DRiV | Finance & Controllership Hybrid | Skokie, Illinois Position Overview The Senior Manager, Technical Accounting is a key leader within the controllership ...

Sr. Accountant- Technical Accounting

Virginia, IL · On-site +1

$72K - $91K/yr

The role reports to the Director,Financial Reporting and Technical Accounting. Main Responsibilities: * Research, analyze,and documentaccounting conclusions forcomplextransactions. * Prepare ...

Sr. Accountant- Technical Accounting

Ohio, IL · On-site +1

$69K - $87K/yr

The role reports to the Director,Financial Reporting and Technical Accounting. Main Responsibilities: * Research, analyze,and documentaccounting conclusions forcomplextransactions. * Prepare ...

Overview Of The Role * We're looking for a highly skilled, detail-oriented Sr. Technical Accounting Lead to join our Accounting team. Reporting directly to our Controller and working alongside a ...

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Technical Accounting information

See Illinois salary details

$38.8K

$83.7K

$163.8K

How much do technical accounting jobs pay per year?

As of Aug 30, 2026, the average yearly pay for technical accounting in Illinois is $83,748.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,100.00 and $97,400.00 per year, depending on experience, location, and employer.

What is technical accounting?

Technical accounting refers to the specialized area of accounting that deals with complex, often non-routine transactions and the interpretation and application of accounting standards such as GAAP or IFRS. Professionals in technical accounting roles analyze new accounting pronouncements, assist with implementing new standards, and ensure compliance with regulatory requirements. They are often called upon to provide guidance on intricate accounting issues like revenue recognition, lease accounting, and business combinations. Technical accountants also help organizations maintain accurate financial reporting and stay up-to-date with evolving accounting rules.

What are some common challenges faced in a technical accounting role and how can they be addressed?

Professionals in Technical Accounting often encounter complex and evolving accounting standards, such as ASC 606 or IFRS 16, which require thorough interpretation and application. Navigating these standards can be challenging, especially when dealing with unique or non-routine transactions. Staying current through continuous learning and collaborating closely with cross-functional teams—such as finance, legal, and external auditors—can help ensure accurate reporting and compliance. Additionally, strong documentation and communication skills are essential to clearly explain technical concepts to stakeholders.

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

To thrive as a Technical Accountant, you need deep expertise in accounting principles, financial reporting standards (such as US GAAP or IFRS), and typically a CPA or similar certification. Familiarity with ERP systems like SAP or Oracle, advanced Excel skills, and experience interpreting complex accounting guidance are essential. Strong analytical thinking, attention to detail, and effective communication help you translate technical standards into actionable business insights. These skills ensure accurate financial compliance, effective problem-solving, and clear guidance for organizational decision-making.

What is the difference between Technical Accounting vs Financial Reporting?

AspectTechnical AccountingFinancial Reporting
Primary FocusEnsuring compliance with accounting standards and complex technical issuesPreparing and presenting financial statements to stakeholders
CertificationsCPA, ACCA often requiredCPA beneficial but less specialized
Work EnvironmentCorporate finance, accounting departments, consultingPublic accounting firms, corporate finance teams
Industry UsageUsed across industries for technical guidanceUsed for external reporting and disclosures

Technical Accounting focuses on complex accounting standards and compliance, often requiring specialized certifications like CPA. Financial Reporting involves preparing financial statements for external stakeholders. While both roles require accounting expertise, Technical Accounting emphasizes technical accuracy, whereas Financial Reporting centers on clear, compliant disclosures.

What does a technical accountant do?

A technical accountant specializes in complex accounting issues, ensuring compliance with accounting standards such as GAAP or IFRS. They analyze financial data, prepare technical reports, and support audit processes, often requiring strong knowledge of accounting regulations and proficiency with accounting software. Their work helps ensure accurate financial reporting and adherence to regulatory requirements.

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

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

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

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

What cities in Illinois are hiring for Technical Accounting jobs?

Cities in Illinois with the most Technical Accounting job openings:

Infographic showing various Technical Accounting job openings in Illinois as of August 2026, with employment types broken down into 100% Full Time. Highlights an 86% In-person, 9% Hybrid, and 5% Remote job distribution, with an average salary of $83,748 per year, or $40.3 per hour.

Technical Accounting Analyst Sr.

PPC Flex

Buffalo Grove, IL • On-site

$85K - $107K/yr

Full-time

Re-posted 24 days ago


PPC Flex rating

6.5

Company rating: 6.5 out of 10

Based on 10 frontline employees who took The Breakroom Quiz

95th of 122 rated packaging manufacturers


Job description

Job Summary

The Sr. Technical Accounting Analyst will play a pivotal role in the Accounting department by providing technical accounting expertise and support in the preparation and review of audited financial statements, audit memos, and other critical accounting entries. This individual will collaborate closely with internal teams, including working on various auditing and financial tasks, ensuring accuracy and compliance in all reporting and accounting activities. The ideal candidate is detail-oriented, possesses strong technical accounting knowledge, and is adept at managing complex financial data and processes.

Key Responsibilities

  • Audit Financial Statements:
    • Assist in the preparation and review of audited financial statements.
    • Work closely with external audit teams to ensure accurate and timely completion of financial reports and supporting documentation.
  • Audit Memos and Documentation:
    • Update audit memos and support documentation to facilitate the audit process.
    • Address audit queries and provide clarifications as needed to support the auditing process.
  • Stock Compensation Analysis:
    • Manage and process stock compensation entries, ensuring compliance with accounting standards.
  • Purchase Accounting Support:
    • Provide support for purchase accounting activities including the consolidation of acquired companies and integration of financial statements.
    • Analyze purchase accounting entries and adjust as necessary to meet regulatory and reporting standards.
    • Develop and analyze the acquired company’s actual working capital compared to the purchase agreement.
    • Prepare detailed calculations and work papers, ensuring proper allocation of purchase price adjustments and accurate reflection of acquisition costs in the financial statements.
  • Corporate Intercompany Financing Transactions:
    • Handle the processing and reconciliation of corporate intercompany entries for loans and deferred tax.
    • Ensure timely and accurate posting of intercompany financing transactions and resolve any discrepancies.
  • Month-End Close Procedures/Analysis:
    • Support the General Accounting department with reviewing complex reconciliations and calculations, including those related to commissions, ASC 606, and ASC 842.
    • Review Internal Financial Statements (including a financial package for PE Sponsor) for accuracy and consistency.
  • Technical Accounting Expertise:
    • Serve as a subject matter expert on technical accounting matters.
    • Assist in the interpretation and implementation of new accounting standards and policies.
  • Collaboration and Continuous Improvement:
    • Work collaboratively with cross-functional teams to improve accounting processes and controls.
    • Provide support during ERP Implementation by assisting with system configuration, GL data migration, and testing to ensure that the new system meets financial reporting and accounting requirements.

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