How Much Does a Hedge Fund Accountant Make in Illinois?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Hedge Fund Accountant in Illinois is $65,821. While Salary.com is seeing that Hedge Fund Accountant salary in IL can go up to $93,493 or down to $49,749, but most earn between $57,408 and $80,306. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Hedge Fund Accountant
Senior Hedge Fund Accountant
$76,165
Illinois
Per Year
Hedge Fund Analyst
$75,219
Illinois
Per Year
Hedge Fund Trader
$65,980
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Hedge Fund Controller
$269,657
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Per Year
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Similar Job Salaries to Hedge Fund Accountant by Company

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Company average base salary in (usd) range
Emerald Resource Group
Senior Hedge Fund Accountant
$132,131/yr
$120,600
$143,661
RANGE: $120,600 - $143,661
CPS, Inc.
Senior Fund Accountant(Private Equity/Hedge)
$78,423/yr
$70,471
$86,374
RANGE: $70,471 - $86,374
Atlantic Group
Staff Accountant (Hedge Fund)
$65,716/yr
$60,235
$71,198
RANGE: $60,235 - $71,198
Wall Street Careers®
Hedge Fund Accountant
$121,751/yr
$109,613
$133,890
RANGE: $109,613 - $133,890
LHH
Fund Accountant
$69,049/yr
$63,392
$74,706
RANGE: $63,392 - $74,706
ACCA Careers
Consultant, Cash & Collateral, Hedge Fund Services
$92,989/yr
$84,141
$101,836
RANGE: $84,141 - $101,836
CPS, Inc.
Associate- Accounting and Financial Reporting- Hedge Fund Manager
$85,188/yr
$77,603
$92,772
RANGE: $77,603 - $92,772
Daley And Associates, LLC.
Fund Accountant (Elite Hedge Fund) - 26148
$73,421/yr
$67,006
$79,835
RANGE: $67,006 - $79,835
Brilliant®
Senior Fund Accountant
$68,110/yr
$62,576
$73,645
RANGE: $62,576 - $73,645
Alter Domus
Fund Accountant - Private Equity
$67,383/yr
$61,597
$73,169
RANGE: $61,597 - $73,169

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Top 10 Highest Paying Cities For Hedge Fund Accountant Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Hedge Fund Accountant can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Hedge Fund Accountant job salaries in Illinois. Some cities can pay higher salaries for Hedge Fund Accountant jobs, which can indicate that there is a large demand for Hedge Fund Accountant positions in this city.
The following table shows top 10 cities where the Hedge Fund Accountant salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Oak Park. The Hedge Fund Accountant salary is $66,731 in Chicago, which is higher than the national average. There are 20 cities' Hedge Fund Accountant salary higher than national average in Illinois.
The average salary for a Hedge Fund Accountant in Illinois is $65,821, but we found that the city with the highest salary for Hedge Fund Accountant jobs is Chicago, IL, and it is higher than Cicero. Hedge Fund Accountant jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $66,731 $5,561 $1,283 $32
Cicero $66,731 $5,561 $1,283 $32
Oak Park $66,731 $5,561 $1,283 $32
Evanston $66,706 $5,559 $1,283 $32
Skokie $66,706 $5,559 $1,283 $32
Oak Lawn $66,654 $5,554 $1,282 $32
Des Plaines $66,551 $5,546 $1,280 $32
Mount Prospect $66,499 $5,542 $1,279 $32
Aurora $66,215 $5,518 $1,273 $32
Hoffman Estates $66,157 $5,513 $1,272 $32

What Does a Hedge Fund Accountant Do?

The following list includes four specialties hedge fund accountants might choose, plus common job titles associated with each specialty.
Updated December 20, 2021
An employer prefers a candidate who brings with him more than two to three years of work experience in the hedge fund industry or in the field of accounting and audit.
Updated October 28, 2021
However, while the money for accountants at hedge funds isn’t fantastic, the experience may be more enjoyable than working in other industries, like tax, where seasonality makes for unpredictable and long hours.
Updated October 16, 2021
The daily duties of such a professional involves keeping records of all investments, maintaining accounts of the parties, making necessary transactions, developing reports and reporting to the hedge fund manager.
Updated December 18, 2021
A hedge fund accountant will need to work full time in an office environment during regular office hours of 45-50 hours.
Updated December 17, 2021

Frequently Asked Questions About a Hedge Fund Accountant Salaries

What is the average of a Hedge Fund Accountant in Illinois?

The Hedge Fund Accountant salary range is from $57,408 to $80,306, and the average Hedge Fund Accountant salary is $65,821/year in Illinois. The Hedge Fund Accountant's salary will change in different locations.

Which location pays the highest Hedge Fund Accountant salary in the United States?

The Hedge Fund Accountant salary in San Jose, CA is $81,448 which is the highest in the US.

What kinds of reasons will influence the Hedge Fund Accountant's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Hedge Fund Accountant.

What is the growth rate of the Hedge Fund Accountant's salary?

If you are thinking of becoming a Hedge Fund Accountant or planning the next step in your career, find the detailed salary report of a Hedge Fund Accountant.