Morningstar
Overview
Senior Accountant role at
Morningstar , based in
Chicago, IL . Full‑time position supporting the Americas Revenue and Receivables team. Focus on business partnership, innovation, automation, and process improvements. Role
Responsible for Americas quote‑to‑cash (QTC) Asset‑Based Revenue results. Collaborate with sales, shared services, product, legal, and other departments to execute the QTC process, assess improvements, and ensure compliant revenue recognition in accordance with US GAAP. Report to the Americas Manager Revenue and Receivables – Transaction and Asset‑Based Fees. Responsibilities
Oversee the Asset‑Based revenue close process for the Americas, ensuring timely and accurate reporting in accordance with US GAAP and internal control requirements. Review draft revenue contracts to ensure revenue is recognized in accordance with ASC 606 and participate in draft contract reviews to identify potential revenue recognition issues. Audit complex contract data against opportunity information entered in the Company’s Salesforce CRM application to ensure accuracy of information used for internal and external reporting. Perform variable consideration calculations for Asset‑Based fee contracts. Review Accounts Receivable and unapplied cash balances for asset‑based clients to ensure timely payment application. Conduct process reviews, perform internal controls testing, remediate control failures and proactively assess changes to the overall control environment. Assist in the preparation of revenue disclosures for external financial reporting to ensure compliance with US GAAP and external reporting requirements. Review and manage month‑end revenue accruals, monthly revenue reports, and account reconciliations. Participate in cross‑functional project teams formed to address business process improvements in the revenue and receivable area. Initiate, review, and implement process improvements to increase operational efficiencies while maintaining the integrity and accuracy of the accounting records. Work closely with the Company’s external auditors on revenue recognition and related controls and manage quarterly and annual audit requirements. Other duties as assigned, including cross‑training on other revenue segments within the Americas QTC organization. Qualifications
Bachelor’s degree in accounting or a related field; CPA or CPA candidate preferred. Minimum 5 years of experience in an accounting or related position. In‑depth knowledge of US GAAP and revenue accounting and subject matter expertise in ASC 606. Familiarity in applying revenue recognition principles related to software, service contracts, assets under management, and multiple‑element deliverables. Excellent analytical, problem‑solving, and communication skills. Ability to work collaboratively with global teams and stakeholders. Experience with Salesforce and Oracle is a plus. CPA or equivalent accounting certifications a plus. Background in asset‑based fee calculations or finance industry is a plus. Compensation & Benefits
Compensation range: $95,275 – $161,975 USD annual (base salary plus target incentive). Hybrid work model: four days in‑office weekly with additional flexibility as needs change. Benefits include: Financial Health
75% 401k match up to 7% Stock ownership potential Company‑provided life insurance – 1x salary + commission
Physical Health
Comprehensive medical/dental/vision benefits, 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 annually 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
Legal Compliance
Morningstar is an Equal‑Employment‑Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability, or any other protected status.
#J-18808-Ljbffr
Senior Accountant role at
Morningstar , based in
Chicago, IL . Full‑time position supporting the Americas Revenue and Receivables team. Focus on business partnership, innovation, automation, and process improvements. Role
Responsible for Americas quote‑to‑cash (QTC) Asset‑Based Revenue results. Collaborate with sales, shared services, product, legal, and other departments to execute the QTC process, assess improvements, and ensure compliant revenue recognition in accordance with US GAAP. Report to the Americas Manager Revenue and Receivables – Transaction and Asset‑Based Fees. Responsibilities
Oversee the Asset‑Based revenue close process for the Americas, ensuring timely and accurate reporting in accordance with US GAAP and internal control requirements. Review draft revenue contracts to ensure revenue is recognized in accordance with ASC 606 and participate in draft contract reviews to identify potential revenue recognition issues. Audit complex contract data against opportunity information entered in the Company’s Salesforce CRM application to ensure accuracy of information used for internal and external reporting. Perform variable consideration calculations for Asset‑Based fee contracts. Review Accounts Receivable and unapplied cash balances for asset‑based clients to ensure timely payment application. Conduct process reviews, perform internal controls testing, remediate control failures and proactively assess changes to the overall control environment. Assist in the preparation of revenue disclosures for external financial reporting to ensure compliance with US GAAP and external reporting requirements. Review and manage month‑end revenue accruals, monthly revenue reports, and account reconciliations. Participate in cross‑functional project teams formed to address business process improvements in the revenue and receivable area. Initiate, review, and implement process improvements to increase operational efficiencies while maintaining the integrity and accuracy of the accounting records. Work closely with the Company’s external auditors on revenue recognition and related controls and manage quarterly and annual audit requirements. Other duties as assigned, including cross‑training on other revenue segments within the Americas QTC organization. Qualifications
Bachelor’s degree in accounting or a related field; CPA or CPA candidate preferred. Minimum 5 years of experience in an accounting or related position. In‑depth knowledge of US GAAP and revenue accounting and subject matter expertise in ASC 606. Familiarity in applying revenue recognition principles related to software, service contracts, assets under management, and multiple‑element deliverables. Excellent analytical, problem‑solving, and communication skills. Ability to work collaboratively with global teams and stakeholders. Experience with Salesforce and Oracle is a plus. CPA or equivalent accounting certifications a plus. Background in asset‑based fee calculations or finance industry is a plus. Compensation & Benefits
Compensation range: $95,275 – $161,975 USD annual (base salary plus target incentive). Hybrid work model: four days in‑office weekly with additional flexibility as needs change. Benefits include: Financial Health
75% 401k match up to 7% Stock ownership potential Company‑provided life insurance – 1x salary + commission
Physical Health
Comprehensive medical/dental/vision benefits, 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 annually 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
Legal Compliance
Morningstar is an Equal‑Employment‑Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability, or any other protected status.
#J-18808-Ljbffr