Head of Finance Systems and Business Intelligence

The Role: The Head of Financial Systems and Business Intelligence is responsible 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

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

Data Analytics and BI

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

AI and Automation

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

Financial Reporting and Analysis

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

Team Leadership

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

Stakeholder Collaboration

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

Project Management

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

Compliance and Risk Management

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

Vendor Management

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

Required Skills and Qualifications:

• Experience: 15+ years of experience including a proven track record of leading large scale finance system transformation projects for a global firm.
• Education: Bachelors degree in related field, Masters degree preferred.
• 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).
• Data Analysis Skills: Strong analytical abilities to interpret complex data sets, identify trends, and generate actionable insights.
• 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:

• 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

• Emotional Health 
  • Trust-Based Time Off
  • 6-week Paid Sabbatical Program
  • 6-Week Paid Family Caregiving Leave
  • Competitive 8-24 Week Paid Parental Bonding Leave
  • Adoption Assistance
  • Leadership Coaching & Formal Mentorship Opportunities
  • Annual Education Stipend
  • Tuition Reimbursement

• Social Health 
  • Charitable Matching Gifts program
  • Dollars for Doers volunteer program
  • Paid volunteering days
  • 15+ Employee Resource & Affinity Groups

Base Salary Compensation Range

Total Cash Compensation Range

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.