Senior Financial Analyst

Morningstar; Illinois; Hybrid; USD 98,000 - 144,000; Full time

Benefits offered by this job

401k match

Stock ownership potential

Life insurance

Comprehensive health benefits

Sabbatical program

Parental leave

Tuition reimbursement

Job summary

Morningstar's Corporate FP&A team seeks a Senior Financial Analyst to partner with the Information Technology function. You will lead budgeting, forecasting, and reporting cycles, collaborating with CTO and senior stakeholders across Corporate Systems, Employee Support, Infrastructure, and Information Security.

The role is based in Chicago with four in-office days per week. You will drive value creation through cost allocations, proactive procurement interactions, and long-range planning while

Qualifications

• Bachelor's degree in finance or related; MBA/CPA/CFA a plus.
• 2–4 years in corporate finance or business partnership/analysis roles.
• Strong analytical and communication skills; detail-oriented.

Responsibilities

• Partner with IT leaders on budgeting, forecasting, performance analysis and long-term planning.
• Drive cost allocations across business units with transparent stakeholder input.
• Influence decisions through data, insights, and contract negotiations with procurement.
• Streamline recurring processes using AI tools and BI partnerships to boost efficiency.
• Collaborate across all regions to ensure FP&A consistency with central requirements.
• Track KPIs and financial reporting visibility across IT.

Skills

Financial analysis

Forecasting

Budgeting

Stakeholder collaboration

Education

MBA/CPA/CFA a plus

Tools

Excel

Oracle/Hyperion

Workday

Tableau/Power BI

Job description

The Team:

Morningstar's Corporate Finance team plays an essential role in supporting our company's strategic initiatives, day-to-day operations, and long-term financial health and growth. Our Corporate FP&A team is responsible for planning, forecasting, and analyzing the company's financial results. The team works collaboratively with our executive and senior leaders, business finance partners, and international teams to support our strategy and growth initiatives and help make informed business decisions.

The Role:

As a Senior Financial Analyst Corporate FP&A, you will be the primary finance partner for Morningstar's Information Technology function. This will require close collaboration with the CTO and other senior stakeholders across Corporate Systems, Employee Support, Infrastructure, and Information Security. You will lead budgeting and forecasting cycles, analyze and report results, collaborate with long-term planning, and drive value creation with ad hoc support for special projects and initiatives.

This position reports into the Director of Corporate FP&A and is based in our Chicago office (4 days per week in office is expected).

Responsibilities:

• Partner with and support Information Technology leaders with budgeting, forecasting, performance analysis, financial modeling and alignment with our long-term strategic plan.

• Drive value for Business Units with utilization-based cost allocations, involving multiple stakeholders early in the process to enhance transparency and optimize outcomes.

• Influence decision-making with data, analysis, and insights: optimizing cost structure, improving forecast accuracy, and working proactively with procurement and budget owners on contract renewals and negotiations.

• Evaluate and streamline recurring processes, leveraging AI tools and partnering with Business Intelligence teams to enhance efficiency and maximize time available for insight generation and value creation.

• Collaborate across all businesses and regions to ensure consistency of FP&A processes with central requirements for your respective areas.

• Track and evaluate consistency in KPIs and financial reporting across Information Technology, enabling greater visibility and performance monitoring and measurement.

Requirements:

• A bachelor's degree: MBA/CPA/CFA a plus. Coursework should include exposure to one or more of: finance/accounting/business/economics/data science/STEM.

• Minimum 2-4 years of experience in corporate finance or business partnership/analysis roles.

• Detail-oriented and a thought leader with strong analytical and communication skills.

• Self-starter that can work independently to solve problems, overcome challenges, and deliver results.

• Comfortable multi-tasking and managing shifting priorities and deadlines.

• Proven ability to build relationships with team members, business leaders, and other internal functions.

• Strong Microsoft Excel skills essential; knowledge of Oracle/Hyperion, Workday, Workday Adaptive Planning, Tableau, and/or PowerBI is preferred.

• Experience solving business problems with Agentic AI and co-working tools is highly desired.

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 plansand coverages

  • Additional medical Wellness Incentives - up to $300-$600 annual

  • Company-provided long- and short-term disabilityinsurance

• 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 & FormalMentorshipOpportunities

  • 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

$98,125.00-143,925.00

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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