Full-Time

Accounting Manager

Updated on 9/4/2026

Morningstar

Morningstar

10,001+ employees

Independent investment research and data provider

Compensation Overview

$121.4k - $186.2k/yr

Company Does Not Provide H1B Sponsorship

Chicago, IL, USA

Hybrid

Four days in-office each week are required in most locations.

Bachelor's

Category
Accounting (1)
Required Skills
Microsoft Office
Financial analysis
U.S. Generally Accepted Accounting Principles (GAAP)
Data Analysis

Get referred to Morningstar

See people who can refer or advise you

Requirements
  • CPA designation.
  • Bachelor's degree in Accounting.
  • At least 5 years of progressive accounting experience in public accounting and/or a publicly held company.
  • Strong knowledge of United States Generally Accepted Accounting Principles and financial reporting.
  • Demonstrated experience reviewing work and mentoring team members.
  • Ability to manage multiple priorities and deadlines in a fast-paced environment.
  • Strong documentation skills for routine and complex transactions, including audit-level support.
  • Strong understanding of Sarbanes-Oxley Act requirements and internal controls, with the ability to guide others.
  • Advanced proficiency in Microsoft Office and Copilot.
Responsibilities
  • Manage and oversee monthly close processes, including the preparation, review, and approval of journal entries and account reconciliations.
  • Research and resolve day-to-day general ledger accounting issues and assist with resolving significant, complex transactions to ensure proper application of United States Generally Accepted Accounting Principles.
  • Review general ledger activity and investigate variances or unusual transactions.
  • Ensure continued compliance with Sarbanes-Oxley Act and internal control requirements and proactively identify control enhancements.
  • Partner with internal and external auditors to support quarterly and year-end audits, including managing audit requests.
  • Assist in creating accounting policies and procedures.
  • Supervise, mentor, and develop accounting staff by providing guidance on technical accounting and process execution.
  • Manage team priorities and workload while promoting accountability, continuous improvement, and professional development.
  • Support mergers and acquisitions activities, including purchase accounting and post-acquisition integration activities.
  • Prepare and review periodic and ad hoc financial analyses to provide performance analysis and drive actionable insights.
  • Use data to identify trends, risks, and opportunities for improved financial performance.
  • Identify and implement opportunities to standardize, streamline, and automate accounting processes.
  • Partner with cross-functional teams to identify opportunities for artificial intelligence-driven enhancements within accounting processes.
  • Partner with cross-functional teams to implement new technologies and tools.
  • Perform other duties and special projects as assigned.

Morningstar provides independent investment research and data to individual investors, financial advisors, and asset managers. It offers subscription-based access to a broad database of investment information, analytics, and tools through platforms like Morningstar Advisor Workstation, Morningstar Office Cloud, and Morningstar Cloud, plus managed portfolios and retirement services. The company differentiates itself with a wide breadth of data across retail and professional channels, strong ESG offerings through Sustainalytics, and an ecosystem that combines research, portfolio management, and retirement services. Its goal is to help users make informed investment decisions by delivering reliable data, analytics, and ESG insights while growing its subscription business.

Company Size

10,001+

Company Stage

IPO

Headquarters

Chicago, Illinois

Founded

1984

Get referred to Morningstar

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Second-quarter 2026 revenue rose 9.6% to $663.2 million, with 28.4% operating-income growth.
  • Morningstar repurchased $400 million year-to-date by August 2026, signaling strong cash generation.
  • Apollo, Franklin Templeton, and JPMorgan partnerships expand Morningstar Wealth into private-market model portfolios.

What critics are saying

  • AI chat interfaces commoditize Morningstar data if clients normalize cheaper workflow-layer alternatives by 2027.
  • Morningstar shuttered Office in 2026, showing product pruning and advisor-platform churn risk.
  • PitchBook and Sustainalytics face intense competition from Bloomberg, FactSet, S&P, and LSEG.

What makes Morningstar unique

  • Morningstar's 2026 MCP integrations embed proprietary research inside Microsoft 365 Copilot and Gemini Enterprise.
  • Morningstar’s February 2026 CRSP acquisition deepens data coverage across public markets and credit analytics.
  • Morningstar Credit and PitchBook span public, private, and credit data few rivals match.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Sabbatical Leave

401(k) Retirement Plan

401(k) Company Match

Paid Sick Leave

Parental Leave

Adoption Assistance

Hybrid Work Options

Stock Options

Professional Development Budget

Tuition Reimbursement

Mentorship Program

Employee Referral Bonus

Company Social Events

Company News

Associated Press
Aug 25th, 2026
Morningstar and PitchBook integrate with Google's Gemini Enterprise for financial services AI

Morningstar and PitchBook announced integrations with Google Cloud's Gemini Enterprise for Financial Services through the Model Context Protocol. The integrations are expected to be available imminently. The partnerships allow eligible subscribers to access investment data, research, and market intelligence directly within Gemini Enterprise. Morningstar provides public market insights, whilst PitchBook delivers private capital markets intelligence covering companies, investors, funds, and transactions. The integrations aim to help financial professionals access source-attributed investment information within AI workflows. Users can conduct research without switching between multiple applications whilst maintaining visibility into data sources behind AI-generated responses. Morningstar and PitchBook join Google Cloud as launch partners for the preview of Gemini Enterprise for Financial Services. The move forms part of broader efforts to make investment intelligence available across leading AI platforms.

Yahoo Finance
Aug 17th, 2026
Morningstar shares drop 9.79% on GenAI disruption fears despite 8% revenue growth and $300M buyback

Morningstar shares fell 9.79% in Q2 2026 despite solid financial performance, as investors worried about generative AI disrupting its data and research businesses. The company reported 8% organic revenue growth and 18% adjusted EBIT growth over 12 months. Baron Partners Fund, which holds Morningstar, noted the company maintains high-quality, hard-to-replicate data businesses. Management accelerated share buybacks, repurchasing $300 million in the most recent quarter and $1.1 billion since 2024. The stock traded at $207.41 on 14 August 2026, with a market capitalisation of $7.78 billion. Shares fell 19.78% over the past 52 weeks but gained 20.76% in the preceding month. Baron Partners Fund believes Morningstar's trusted, structured data remains valuable for AI applications, with the stock trading at a 63% discount to its three-year average multiple.

Associated Press
Jul 29th, 2026
Morningstar reports 9.6% revenue growth to $663M, Q2 operating income surges 28%

Morningstar reported second-quarter 2026 revenue of $663.2 million, up 9.6% year-over-year, with organic revenue growing 6.8%. Operating income increased 28.4% to $160.6 million, whilst adjusted operating income rose 22.7%. Diluted earnings per share climbed 35.4% to $2.83, with adjusted diluted earnings per share up 29.2% to $3.10. Free cash flow surged 96.3% to $122.5 million. CEO Kunal Kapoor highlighted the company's focus on building agentic workflows atop its data and research, plus helping investors navigate converging public and private markets. Morningstar Credit, Morningstar Direct Platform, and PitchBook were key organic revenue contributors. The investment insights provider repurchased 567,844 shares for $100 million during the quarter.

Yahoo Finance
Jul 12th, 2026
Morningstar debuts AI exit timing tool as shares trade 26% above estimated fair value

Morningstar introduced Time to Exit, a machine learning tool from its PitchBook segment that estimates when venture-backed companies may exit over one, three, or five-year periods. The product launch comes as Morningstar's share price has declined. The stock fell 11.22% over 30 days to US$165.18, with one-year total shareholder returns down 43.21%. Morningstar currently trades at a price-to-earnings ratio of 15.6x. This sits below the US Capital Markets peer average of 21.2x and the broader US market at 19.1x. However, it represents a slight premium to an estimated fair P/E of 15.2x. Analyst price targets for the stock stand near US$227, suggesting potential upside from current levels.

Business Wire
Jun 25th, 2026
Morningstar embeds investment intelligence into Microsoft 365 Copilot with AI integrations

Morningstar has launched a suite of integrations with Microsoft technologies to embed its investment intelligence into AI-powered workflows used by financial services firms. The integrations span Microsoft 365 Copilot, Copilot Studio and Microsoft 365 ecosystems, allowing investment professionals to access Morningstar's analyst-driven insights and data within their existing tools. The offering includes a federated Copilot connector using Model Context Protocol, a dedicated Copilot agent for analyst-backed information, and a plugin for Copilot Cowork supporting fund screening and analysis. The integrations are designed to work within firms' existing security controls whilst maintaining compliance requirements. Morningstar's investment intelligence covers global asset classes and aims to reduce the gap between data and decision-making for asset managers, wealth managers and advisors. The company manages approximately $370 billion in assets under management.