Financial Analyst FP&A

The Group:

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 group leaders 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 Financial Analyst supporting the Credit Ratings Business Unit to assist with revenue and expense analysis, headcount and salary reporting, internal and external reporting needs, as well as perform other tasks to help maintain operational efficiency within the finance department. In this role, you will work closely with FP&A leads, Credit Business group leaders, functional area leads, and the corporate accounting functions to understand and resolve financial issues. 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 the Senior Manager of FP&A and is based in our Chicago office. We are operating in a hybrid environment where we are in-office 3 days/week.

Responsibilities

• Assist in managing inputs and compilation of budgeting and forecasting processes. 
• Assist in creating and maintaining internal financial reporting packages and materials for meetings. 
• Complete detailed account reconciliations and analysis to help identify business trends and drivers behind revenue and expenses. 
• Reconcile forecast and budget against actual results to identify variances and ensure accuracy of results 
• Perform ad-hoc analysis and provide support on special projects as needed. 
• Process and review expenses for approval and proper coding and prepare accruals as necessary. 
• Participate in cross-functional project teams formed to address business process improvements.  
• Proactively identify and enact process improvements 

Requirements 

• Minimum two years of experience in an accounting or related position with a bachelor’s degree; CPA / MBA a plus.  
• Ability to think critically 
• Candidates should be extremely detail-oriented individuals with strong analytical, problem-solving, and excellent communication skills. 
• Ability to aggregate and analyze data, work in a team environment and assume additional responsibilities over time. 
• Solid Microsoft Excel and PowerPoint skills required; knowledge of Salesforce, Oracle / Smartview is a plus. 

About Us

Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and project and structured finance instruments globally. Rating more than 4,000 issuers and 60,000 securities, it is one of the top four credit rating agencies in the world.

Morningstar DBRS empowers investor success by bringing more transparency and a much-needed diversity of opinion in the credit rating industry. Our approach and size allow us to be nimble enough to respond to customers' needs in their local markets, but large enough to provide the necessary expertise and resources they require. Market innovators choose to work with us because of our agility, tech-forward approach, and exceptional customer service.

Morningstar DBRS is the next generation of credit ratings.

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
  • 75% 401k match up to 7%
  • 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