Head of Finance Systems and Business Intelligence

Morningstar Credit Ratings, LLC; Chicago (IL); Hybrid; USD 144,000 - 261,000; Full time

Job summary

An established industry player is seeking a Head of Finance Systems and Business Intelligence to oversee finance system infrastructure and business intelligence strategy. This pivotal role involves leading the implementation of finance systems, driving data analytics initiatives, and ensuring compliance across global operations. The ideal candidate will have extensive experience in finance system transformations and a strong technical background in ERP and BI tools. Join a dynamic team that values innovation and collaboration, and contribute to shaping a data-driven future while enjoying a comprehensive benefits package and a hybrid work environment.

Benefits

401k match up to 7%

Stock Ownership Potential

Comprehensive health benefits

Trust-Based Time Off

6-week Paid Sabbatical Program

Tuition Reimbursement

Paid volunteering days

Annual Education Stipend

Qualifications

• 15+ years of experience in finance system transformation projects.
• Strong analytical abilities to interpret complex data sets.

Responsibilities

• Lead the selection and implementation of global finance systems.
• Design and drive the global BI roadmap for the finance team.

Skills

Data Analysis Skills

Leadership and Communication

ERP Systems (SAP, Oracle)

Business Intelligence Tools (Tableau, Power BI)

Automation Tools (RPA)

Education

Bachelor's degree in related field

Master's degree preferred

Tools

ERP Software

Data Warehousing Technologies

Business Intelligence Tools

Job description

Head of Finance Systems and Business Intelligence page is loaded

Head of Finance Systems and Business Intelligence

Apply locations Chicago time type Full time posted on Posted Yesterday job requisition id AP-15159653

The Role: The Head of Financial Systems and Business Intelligence is responsible for overseeing the direction of Morningstar’s finance system infrastructure and business intelligence strategy across a global organization, including managing data analysis, reporting, and system implementation to provide crucial insights for decision-making within the finance department. This position will spearhead the planning and execution of finance system initiatives that drive efficiency and help pave the way for a data-driven future in support of the entire finance organization. This position will report directly to Morningstar's Chief Financial Officer and is based in Chicago.

Key Responsibilities:

System Strategy and Implementation

1. Lead the selection, implementation, and maintenance of global finance systems, including ERP software.
2. Create and execute a technology roadmap for finance systems that aligns with business objectives and supports long-term scalability.
3. Lead the strategy to transition from legacy platforms to cloud-based technology.

Data Analytics and BI

1. Design and drive the global BI roadmap for the global finance team.
2. Build and manage a robust business intelligence infrastructure, including data warehousing, data pipelines, and visualization tools.

AI and Automation

1. Responsible for the global development and execution of the vision, mission, governance, and functional automation strategy for Morningstar’s global finance business processes.
2. Ensure the organization stays at the forefront of automation through various tools, including RPA and AI technologies.

Financial Reporting and Analysis

1. Oversee the development of standardized financial reports, KPIs, and dashboards to monitor performance across different regions and business units.
2. Ensure integration between finance systems and other platforms (e.g., Workday, payroll processing systems, data warehouses).

Team Leadership

1. Manage a team of finance systems experts, data analysts, business intelligence, and automation developers.
2. Foster a collaborative and innovative environment, providing guidance and direction on data analysis and reporting.

Stakeholder Collaboration

1. Partner with key stakeholders across the organization, including finance leadership, business unit heads, and IT teams.
2. Understand and reflect customer requirements, ensuring clear stakeholder benefits in team outputs.

Project Management

1. Lead large-scale global projects, including the deployment of corporate finance systems across multiple countries.
2. Drive significant cost reductions and operational efficiencies through technology transformations.

Compliance and Risk Management

1. Maintain adherence to regulatory requirements and ensure audit readiness across all systems.
2. Collaborate with audit teams to uphold controls and mitigate risks.

Vendor Management

1. Handle vendor selection, negotiations, and relationship management with strategic partners.
2. Oversee continuous improvement initiatives, governance processes, and application rationalization efforts.

Required Skills and Qualifications:

1. Experience: 15+ years of experience including a proven track record of leading large scale finance system transformation projects for a global firm.
2. Education: Bachelors degree in related field, Masters degree preferred.
3. Technical Expertise: Proficiency in ERP systems (e.g., SAP, Oracle), data warehousing technologies, business intelligence tools (e.g., Tableau, Power BI), and automation tools (RPA).
4. Data Analysis Skills: Strong analytical abilities to interpret complex data sets, identify trends, and generate actionable insights.
5. Leadership and Communication: Proven ability to lead teams, manage projects, and effectively communicate complex financial data to diverse stakeholders.

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:

1. Financial Health
   1. 75% 401k match up to 7%
   2. Stock Ownership Potential
   3. Company provided life insurance - 1x salary + commission
2. Physical Health
   1. 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
   2. Additional medical Wellness Incentives - up to $300-$600 annual
   3. Company-provided long- and short-term disability insurance
3. Emotional Health
   1. Trust-Based Time Off
   2. 6-week Paid Sabbatical Program
   3. 6-Week Paid Family Caregiving Leave
   4. Competitive 8-24 Week Paid Parental Bonding Leave
   5. Adoption Assistance
   6. Leadership Coaching & Formal Mentorship Opportunities
   7. Annual Education Stipend
   8. Tuition Reimbursement
4. Social Health
   1. Charitable Matching Gifts program
   2. Dollars for Doers volunteer program
   3. Paid volunteering days
   4. 15+ Employee Resource & Affinity Groups

Base Salary Compensation Range

$144,517.00 - 260,138.00 USD Annual

Total Cash Compensation Range

$209,550.00 - 377,200.00 USD Annual

Morningstar’s hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. While some positions are available as fully remote, we’ve found that we’re at our best when we’re purposely together on a regular basis, typically three days 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 Entity