The Team:
Morningstar’s Financial Planning and Analysis team is responsible for planning, forecasting, and analyzing the company’s financial results. The team works collaboratively with our business groups as well as the corporate functions to support our strategy and growth initiatives and help make informed business decisions to create value.
The Role:
Morningstar’s Financial Planning and Analysis team seeks a Senior Financial Analyst to support Morningstar’s largest business unit, Direct Platform. This role involves both revenue and expense management for subscription and licensed based product areas, including Morningstar Investor, Direct & Reporting, and Licensed Data. In addition, you will gain extensive experience with financial systems and reporting, build relationships with senior management, and work on special projects as necessary. This position reports to a Manager of Financial Planning and Analysis and is based in our Chicago office.
Responsibilities
- Complete ownership of the financial planning, reporting and budgeting process for products within the Direct Platform group.
- Effectively interact with business and sales stakeholders to help lead budget, planning and forecast formulation and execution.
- Leads monthly reporting by gathering and analyzing data, actual/projections variances and providing information with insights.
- Work closely with our HR function and business leaders to set, maintain and update salary target levels for products you would support.
- Perform ad-hoc analysis and provide support on special projects as needed.
- Collaborate with global team members to bring consistency and efficiency in FP&A processes.
- Assist in creating and maintaining internal financial reporting packages and materials for meetings.
- Present financial results to group heads on a monthly basis.
- Partner with our business group colleagues to help them gain better insight into their business. Identify and implement improvement in business processes.
- Participate in cross-functional project teams formed to address business process improvements in the financial planning & budgeted processes.
Requirements
- Five years of experience in a financial planning and analysis and/or accounting-related position with a bachelor’s degree; CPA/MBA a plus.
- Candidates should be excellent communicators, detail-oriented and possess strong analytical and problem-solving skills.
- Strong team player with demonstrated relationship building skills who will roll up his or her sleeves to get the job done.
- Solid Microsoft Excel and PowerPoint skills required; knowledge of Hyperion and Oracle preferred.
Compensation and Benefits
At Morningstar we believe people are at their best when they are at their healthiest. That’s why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:
Financial Health
100% 401k match up to 6% of salary
Stock Ownership Potential
Company provided life insurance - 1x salary + commission
Physical Health
Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
Additional medical Wellness Incentives - up to $300-$600 annual
Company-provided long- and short-term disability insurance
Emotional Health
Trust-Based Time Off
6-week Paid Sabbatical Program
6-Week Paid Family Caregiving Leave
Competitive 8-24 Week Paid Parental Leave
Adoption Assistance
Leadership Coaching & Formal Mentorship Opportunities
Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses
Tuition Reimbursement
Social Health
Charitable Matching Gifts program
Dollars for Doers volunteer program
Paid volunteering days
15+ Employee Resource & Affinity Groups
Total Cash Compensation Range
$95,275.00-139,741.66Inclusive of annual base salary and target incentive
Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.
001_MstarInc Morningstar Inc. Legal EntitySkills Required
- Five years of experience in financial planning and analysis and/or an accounting-related position
- Bachelor's degree
- Excellent communication skills
- Strong attention to detail
- Strong analytical and problem-solving skills
- Strong teamwork and relationship-building skills
- Microsoft Excel proficiency
- Microsoft PowerPoint proficiency
- CPA or MBA
- Hyperion knowledge
- Oracle knowledge
What the Team is Saying
Morningstar Compensation & Benefits Highlights
-
Leave & Time Off Breadth — Time-off policies include flexible PTO and a paid sabbatical every four years, often highlighted as a standout perk. Feedback suggests this structure supports strong work–life balance and meaningful breaks.
-
Parental & Family Support — Policies advertise a global minimum of 16 weeks for primary caregivers, up to 8 weeks for secondary caregivers, and at least six weeks of paid caregiving leave. These offerings signal above-average support for family and caregiving needs.
-
Retirement Support — Retirement programs feature employer 401(k) contributions/matching, with some postings citing a 75% match on up to 7% of pay. Feedback suggests these offerings are a strong pillar of the package.
Morningstar Insights
What We Do
We are a global investment research and financial data company with 40-plus offices across North America, Europe, Australia, and Asia. Our products and services are used daily by individual investors, financial advisors, asset managers, retirement plan providers, and institutional investors. We provide data, research, and analysis across managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. The financial system can have real barriers—hidden information, friction that can slow decisions, and forces that can limit transparency and access. We work to remove them, bringing independent research, connected data, and investor-first tools to a system that needs more clarity. The people doing this work span research, technology, design, product, sales, and functional areas. We build many of our products in-house, so the work can connect directly to the tools investors use to make real financial decisions.
Why Work With Us
Morningstar’s missing is to empower investor success. We can only do that if our people feel empowered. That means finding people who think independently, bring a wide range of backgrounds with analytical rigor and genuine intellectual curiosity to the work.
Gallery
Morningstar Teams
Morningstar Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Across most of our offices globally, employees work four days a week in the office and one day from home. We recognize that life doesn't always fit a fixed schedule and offer programs that can help provided increased workplace flexibility.
