Job Description

The Role

Morningstar is seeking a Technical Accounting Manager to join our global Finance organization, which is focused on business partnership, innovation, automation, and process improvement. The Technical Accounting Manager is responsible for providing technical accounting research on complex issues and supporting the organization in interpreting and implementing new accounting standards. This role acts as a subject matter expert, collaborating with the controllership, financial planning and analysis, financial reporting, audit, and business teams to address technical accounting matters.

This position reports to the Director – Financial Reporting. This is a full-time role based in our Chicago office. We are operating in a hybrid environment where we are in-office 4 days/week.

Responsibilities may include, but are not limited to

• Research, interpret, and apply accounting standards and interpretive guidance to complex and/or non-routine transactions (e.g., acquisitions, divestitures, significant investments).

• Prepare technical accounting memos and documentation to support accounting decisions and present conclusions to senior management and external auditors.

• Advise finance and business teams on the accounting implications of new or potential business initiatives, contracts, and transactions.

• Monitor changes in accounting standards and assess their impact on Morningstar’s financial statements and accounting policies.

• Inform and support various stakeholders throughout the implementation of new accounting standards.

• Assist in the preparation and review of financial statements and disclosures for accuracy and completeness, with dedicated responsibility for the disclosure checklist and the following areas: investments, goodwill, intangibles, and significant accounting policies.

• Benchmark peer company filings to inform and enhance financial statement disclosures.

• Identify opportunities to improve accounting processes and controls related to technical areas.

• Support the external audit process by providing technical guidance and responding to auditor inquiries.

• Assist with special or ad hoc projects as needed.

Requirements

• Bachelor’s degree in accounting is required.
• CPA is required.
• Minimum of 5-7 years of accounting experience, including experience with a Big 4 accounting firm (National Office experience preferred) and/or related SEC reporting experience at a large, multi-national, publicly held corporation.
• Big 4 public accounting experience is preferred.
• Strong knowledge of US GAAP, including SEC reporting requirements.
• Ability to multi-task and manage shifting priorities and deadlines, with attention to detail.
• Ability to work effectively both independently and as part of large and small cross-functional teams.
• Proven ability to build relationships with team members, business leaders, and global accounting functions.
• Forward thinking attitude with a continuous improvement mindset.
• Excellent documentation skills for developing audit work papers and completing SOX reviews.
• 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 - 218,525.00 USD Annual

Inclusive 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.

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