Fund Controller Salary in Chicago, Illinois

How much does a Fund Controller make in Chicago, IL?

As of April 01, 2025, the average annual salary for a Fund Controller in Chicago, IL is $273,387. According to Salary.com, salaries can range from a low of $196,177 to a high of $358,766, with most professionals earning between $232,972 and $318,077.

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Salary range for a Fund Controller

$232,972 to $318,077

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Fund Controller

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Job Openings for Fund Controller in Chicago, IL

What does a Fund Controller do?

Common responsibilities of a Fund Controller

Manage all accounting responsibilities within the monthly, quarterly, annual closing cycles Assist in oversight of the Funds Administrator Update and reconcile internal investment and accounting systems to the Funds Administrator Manage investor reporting and requests including capital calls, distributions, and reporting Manage the fund audit process and research questions from auditors Assist with various compliance reports .

March 10, 2023

Review and sign off on capital calls/distributions, quarterly NAV packages, accrual/fee calculations, and annual financial statements, which are prepared by the fund administrators and audited by Big 4 audit firms.

May 01, 2023

Provides project management oversight of internal processes and system implementation benefiting the portfolio being assigned.

December 12, 2022

Assist in the preparation of monthly and quarterly accounting and reporting packages, including fund-level net asset values and investor capital statements for private equity investment funds.

February 11, 2023

Respond to diligence requests from prospective investors and support on-going investor inquiries & requests from existing investors in partnership with Investor Relations / Client Services team.

March 20, 2023

Plan and direct the delivery of quarterly and annual fund financial reporting packages and supporting workpapers, including the coordination of annual audits and tax return preparations.

March 28, 2023

Monitor fund expense ratios and make sure they are in line with the projected budget.

April 03, 2023

Drive strategic process change and new/enhanced capabilities by partnering with Technology, using proprietary and third party systems and software.

April 20, 2023

Supporting the investment teams with respect to the information needed for fundraising and new product and strategy exploration, both during the formal marketing period and between funds.

May 17, 2023

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Fund Controller Salary By Experience Levels in Chicago, IL

How much should you be earning in Fund Controller in Chicago, IL based on your current experience?

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Fund Controller Salary By Level of Education in Chicago, IL

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Fund Controller in Chicago, IL

Average Base Salary

Core compensation

232972

318077

273387

Average Total Cash Compensation

Includes base and annual incentives

267499

420034

331314

What is the average salary for Fund Controller in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Fund Controller in Chicago, IL. The base salary for Fund Controller ranges from $232,972 to $318,077 with the average base salary of $273,387. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $267,499 to $420,034 with the average total cash compensation of $331,314.

View Average Salary for Fund Controller as table

	Average Salary	Average Salary Range
Base Salary	$273,387	$232,972 - $318,077
Bonus	$57,927	$34,527 - $101,957
Total Pay	$331,314	$267,499 - $420,034

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Fund Controller Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $232,972 - $318,077	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $232,972 - $318,077	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $232,702 - $317,708	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $232,882 - $317,954	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $232,882 - $317,954	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $228,103 - $311,429	COMPARE TO Chicago, IL

See salaries for Fund Controller in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Fund Controller job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

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