Forensic Accountant in Chicago, IL

Forensic Accountant Job Description

Forensic accountants should possess strong analytical and investigative skills to uncover essential facts and insights pertaining to alleged criminal activity. A bachelor’s degree in accounting or a related field is typically required, and a professional designation such as the CPA or the Certified Fraud Examiner (CFE) is often preferred. At least five to seven years of forensic accounting or auditing experience is also needed, along with a strong background in finance, accounting or economics. Litigation consulting and fraud investigation experience is a plus.

Typical forensic accountant duties:

Investigating instances of fraud, bribery, money laundering and embezzlement by analyzing financial records and transactions

Assisting clients and legal counsel in reconstructing accounting and business records

Reviewing pleadings, financial statements, SEC filings and other key documents relevant to an investigation

Preparing expert questions and reports for depositions based on findings

Providing expert testimony and preparing demonstrative trial exhibits

Supervising audit teams and leading key audit processes

Consulting with all levels of management on tools and techniques to strengthen risk management and internal controls

Interacting with internal corporate investigation departments and forensic information technology

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Forensic

Microsoft Excel

Spreadsheets

QuickBooks

Computer Programs

Perform Ad Hoc Financial

Investigation

Accounting Functions

Claim Administration

Forensic Accounting

Salary for Forensic Accountant in Chicago, IL

103230 - 148490

25th percentile

103230

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

128650

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

148490

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Chief Financial Officer (CFO) – Corporate Accounting

218860

328600

372930

Vice President of Finance

178250

252650

305660

Corporate Controller

137640

198710

261330

Divisional Controller

133610

191270

215760

Assistant Controller

100750

147560

171740

Director of Finance

150970

204600

221340

Director of Accounting

146320

199020

218860

Treasurer

163370

259780

299150

Assistant Treasurer

95170

128960

150040

Director of Financial Reporting

151900

190960

219480

Financial Project Manager

131440

167090

202740

Property Accountant

82770

94860

114080

Plant Controller

126480

145390

158100

Procurement Manager

98580

135160

150970

Procurement Specialist

55800

71300

86800

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