The Role:
As the Senior Manager – Financial Reporting, you will be responsible for all aspects of financial reporting, including Morningstar`s global consolidated financial statements, SEC filings, earnings releases, management reports, and board reports. This role also has responsibility for the oversight of the accounting for our stock compensation programs and lease accounting. This position reports to the Director – Financial Reporting.
This is a full-time position and is based in our Chicago office.
Responsibilities:
- Manage the preparation of monthly, quarterly, and annual financial statements ensuing compliance with U.S. GAAP and SEC reporting requirements.
- Assist in researching and resolving complex financial reporting issues and significant, complex, and/or unusual transactions to ensure proper application of US GAAP and SEC reporting requirements.
- Develop and maintain accounting and financial reporting-related policies and procedures.
- Oversee and review various monthly close activities, including accounting for stock-based compensation, various journal entries, account reconciliations, and cash flow statement review.
- Ensure continued compliance with internal audit and SOX requirements and identify process/control enhancements.
- Coordinate with auditors to assist in quarterly and year-end audit procedures, including audit requests.
- Oversee the process to review XBRL tagging with external vendor for 10-Qs and 10-K.
- Manage and lead the Financial Reporting team, ensuring the appropriate team structure, daily motivation and supervision, ongoing performance management, and managing change.
- Manage FCCS application and Global Chart of Accounts.
- Prepare ad hoc analyses for management and auditors, as needed.
- Perform other duties as assigned.
Requirements:
- Bachelor’s degree in accounting is required.
- A CPA is required.
- Minimum of 8-10 years of accounting experience, including experience with a Big 4 accounting firm and/or related SEC reporting experience at a large, multi-national, publicly-held corporation.
- Big 4 public accounting experience is preferred.
- Strong knowledge of U.S. GAAP, including SEC reporting requirements.
- Ability to multi-task and manage shifting priorities and deadlines, with attention to detail, and an ability to work both independently and in a team environment.
- Excellent documentation skills to be used in developing audit work papers and completing SOX reviews.
- Knowledge of FCCS financial consolidation software is a plus.
- Working knowledge of XBRL is preferred.
- Strong skills and proficiency with Microsoft Office programs (Excel, Outlook, PowerPoint, and Word).
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
$121,400.00-186,150.00Inclusive 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
- Bachelor's degree in accounting
- CPA certification
- 8-10 years of accounting experience
- Experience with a Big 4 accounting firm and/or SEC reporting experience at a large, multinational, publicly held corporation
- Strong knowledge of U.S. GAAP and SEC reporting requirements
- Ability to manage shifting priorities and deadlines with strong attention to detail
- Ability to work independently and in a team environment
- Excellent documentation skills for audit work papers and SOX reviews
- Knowledge of FCCS financial consolidation software
- Working knowledge of XBRL
- Proficiency with Microsoft Office programs, including Excel, Outlook, PowerPoint, and Word
What the Team is Saying
Morningstar Compensation & Benefits Highlights
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Leave & Time Off Breadth — Policies include a paid sabbatical every four years and flexible PTO covering vacation, sick, and personal days, alongside paid volunteer time. Feedback suggests these features create meaningful flexibility and rest opportunities beyond standard leave plans.
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Parental & Family Support — A global minimum of 16 weeks paid parental leave for primary caregivers (up to 8 weeks for secondary) and at least six weeks of paid caregiving leave are publicly stated, with adoption assistance also available. These provisions indicate robust support for families during key life events.
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Retirement Support — U.S. materials document a 401(k) match of $0.75 per $1 up to 7% of pay and no‑cost access to Morningstar retirement tools. This combination strengthens long‑term savings and planning for employees.
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.
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Morningstar Teams
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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.
