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Transaction Advisory Associate Jobs in Chicago, IL

Tax Senior, Transaction Advisory Services

Chicago, IL · On-site

$84K - $104K/yr

The Tax Senior, Transaction Advisory Services is an essential team member that will work to ensure engagements are executed timely and that client expectations are met, if not exceeded and support ...

Tax Senior, Transaction Advisory Services

Chicago, IL · On-site

$84K - $104K/yr

The Tax Senior, Transaction Advisory Services is an essential team member that will work to ensure engagements are executed timely and that client expectations are met, if not exceeded and support ...

Showing results 21-40

Transaction Advisory Associate information

See Chicago, IL salary details

$77.3K

$157.1K

$233.5K

How much do transaction advisory associate jobs pay per year?

As of Aug 20, 2026, the average yearly pay for transaction advisory associate in Chicago, IL is $157,051.00, according to ZipRecruiter salary data. Most workers in this role earn between $124,700.00 and $182,500.00 per year, depending on experience, location, and employer.

What is a transaction advisory associate?

Transaction Advisory Associates are professionals who assist clients in evaluating and executing business transactions, such as mergers, acquisitions, and divestitures. They conduct financial due diligence, analyze financial statements, assess risks and opportunities, and provide recommendations to help clients make informed decisions. These associates work closely with senior advisors and clients to ensure the transaction process is smooth and value is maximized. Their work is critical in identifying potential issues and ensuring the financial health of a transaction.

What types of projects does a transaction advisory associate work on, and how do they contribute to client engagements?

As a Transaction Advisory Associate, you can expect to be involved in projects such as financial due diligence for mergers and acquisitions, valuation analysis, and assisting clients with buy-side and sell-side transactions. Your role often includes analyzing financial statements, identifying key risks and opportunities, and preparing detailed reports for clients. You'll work closely with senior team members, clients, and other advisors (such as legal or tax professionals) to ensure all aspects of a transaction are thoroughly evaluated. This collaborative environment provides valuable exposure to complex deals and is an excellent foundation for career advancement within advisory or corporate finance.

What are the key skills and qualifications needed to thrive as a transaction advisory associate, and why are they important?

To thrive as a Transaction Advisory Associate, you need strong analytical skills, a solid understanding of accounting and finance principles, and typically a bachelor's degree in finance, accounting, or a related field. Familiarity with financial modeling, Excel, data analytics tools, and often a CPA or CFA certification are highly valued. Excellent communication, attention to detail, and the ability to work well under pressure are essential soft skills. These competencies ensure accurate due diligence, effective client communication, and successful deal execution in high-stakes transaction environments.

What is the difference between Transaction Advisory Associate vs Financial Analyst?

AspectTransaction Advisory AssociateFinancial Analyst
Required CredentialsBachelor's degree, CPA or CFA often preferredBachelor's degree in finance, accounting, or related field; CFA beneficial
Work EnvironmentConsulting firms, investment banks, or corporate finance teamsCorporations, investment firms, or financial services companies
Employer & Industry UsageUsed in M&A, due diligence, and transaction supportUsed in budgeting, forecasting, and financial analysis
Comparison IntentFocuses on transaction support and deal processesFocuses on financial data analysis and reporting

The Transaction Advisory Associate primarily supports mergers, acquisitions, and transaction processes, often working in consulting or investment banking environments. In contrast, a Financial Analyst concentrates on analyzing financial data, preparing reports, and supporting strategic decision-making within companies. While both roles require strong financial skills and similar credentials, their core functions and work settings differ significantly.

What are the most commonly searched types of Transaction Advisory jobs in Chicago, IL?

The most popular types of Transaction Advisory jobs in Chicago, IL are:

What are popular job titles related to Transaction Advisory Associate jobs in Chicago, IL?

For Transaction Advisory Associate jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Transaction Advisory Associate jobs in Chicago, IL look for?

The top searched job categories for Transaction Advisory Associate jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Transaction Advisory Associate jobs?

Cities near Chicago, IL with the most Transaction Advisory Associate job openings:

Infographic showing various Transaction Advisory Associate job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 26% Part Time, 1% Temporary, and 1% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $157,051 per year, or $75.5 per hour.

Experienced Associate - Transaction Advisory Services

Baker Tilly

Chicago, IL • On-site

$63K - $100K/yr

Full-time

Posted 21 days ago


Baker Tilly rating

8.7

Company rating: 8.7 out of 10

Based on 33 frontline employees who took The Breakroom Quiz

4th of 22 rated bookkeepers and accountants


Job description

Overview
Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world's leading financial centers - New York, London, San Francisco, Los Angeles, Chicago and Boston. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP (Baker Tilly) provide professional services through an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm that provides attest services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and business advisory services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms.
Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are independent members of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 141 territories, with 43,000 professionals and a combined worldwide revenue of $5.2 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Instagram.
Please discuss the work location status with your Baker Tilly talent acquisition professional to understand the requirements for an opportunity you are exploring.
Baker Tilly is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, gender identity, sexual orientation, or any other legally protected basis, in accordance with applicable federal, state or local law.
Any unsolicited resumes submitted through our website or to Baker Tilly Advisory Group, LP, employee e-mail accounts are considered property of Baker Tilly Advisory Group, LP, and are not subject to payment of agency fees. In order to be an authorized recruitment agency ("search firm") for Baker Tilly Advisory Group, LP, there must be a formal written agreement in place and the agency must be invited, by Baker Tilly's Talent Attraction team, to submit candidates for review via our applicant tracking system.
Job Description:
At Baker Tilly, we invest in our people. We believe in continuous learning and development and have several programs to ensure the success of our people. As we continue to grow our Transaction Advisory Services practice, we are seeking to add an Analyst to join our team. In this role, you will provide due diligence and transaction advisory services to our clients to meet their complex financial needs.
Our clients include privately held and publicly traded companies, private equity funds, mezzanine funds, banks, private debt funds, and business development companies. This multi-faceted client base allows us to provide our staff with a variety of opportunities across numerous industries, and a constant flow of challenging and meaningful work.
What You Will Do:
  • Interact directly with Partners on matters related to client and engagement management.
  • Data gathering, document review and preparation of quality of earnings reports.
  • Research and financial analysis of target companies.
  • Due diligence for both buy side, sell side, and corporate finance transactions.
  • Communication with clients to ensure delivery of exceptional client service.
  • Opportunities for career development and to advance within the transaction advisory services group.

Qualifications
  • Bachelor's degree required
  • At least one year of related experience required
  • Experience in Audit or Transaction Advisory preferred
  • Professional designations or candidacy (CPA) and / or an advanced degree are a plus
  • High motivation, initiative and positive attitude
  • Excellent organizational skills with a demonstrated ability to multitask and handle multiple priorities appropriately
  • Ability to work autonomously, to meet tight deadlines, and to thrive in a fast paced
    environment with shifting priorities
  • Excellent verbal and written communication, experience presenting analyses to
    management and ability to lead and drive initiatives
  • Ability to work effectively and thrive in a team environment with all levels of client personnel in various industries
  • Ability to comfortably interact with senior level client personnel, including supporting the preparation of and participating in executive briefings

The compensation range for this role is $63,490 to $100,000. Actual compensation is influenced by a variety of factors including but not limited to skills, experience, qualifications, and geographic location.

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