The Role:The Head of Financial Systems and Business Intelligence is responsible overseeing the direction of Morningstars finance system infrastructure and business intelligence strategy across a global organization including managing data analysis reporting and system implementation to provide crucial insights for decisionmaking within the finance department. This position will spearhead the planning and of finance system initiatives that drive efficiency and help pave the way for a datadriven future in support of the entire finance organization. This position will report directly to Morningstars 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 longterm scalability.
- Lead the strategy to transition from legacy platforms to cloudbased 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 of the vision mission governance and functional automation strategy for Morningstars 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 largescale 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. Thats why we champion your wellness through a widerange 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 companyprovided HSA contributions (up to $500$2000 annually) for specific plansand coverages
- Additional medical Wellness Incentives up to $300$600 annual
- Companyprovided long and shortterm disabilityinsurance
- Emotional Health
- TrustBased Time Off
- 6week Paid Sabbatical Program
- 6Week Paid Family Caregiving Leave
- Competitive 824 Week Paid Parental Bonding Leave
- Adoption Assistance
- Leadership Coaching & Formal MentorshipOpportunities
- 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
$144517..00 USD Annual
Total Cash Compensation Range
$209550..00 USD Annual
Morningstars hybrid work environment gives you the opportunity to work remotely and collaborate inperson each week. While some positions are available as fully remote weve found that were at our best when were 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 youll have tools and resources to engage meaningfully with your global colleagues.
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Required Experience:
Director