Technical Accounting Manager

About the role

Morningstar is seeking a Technical Accounting Manager to join our global Finance organization, which is focused on business partnership, innovation, automation, and process improvement. The Technical Accounting Manager is responsible for providing technical accounting research on complex issues and supporting the organization in interpreting and implementing new accounting standards. This role acts as a subject matter expert, collaborating with the controllership, financial planning and analysis, financial reporting, audit, and business teams to address technical accounting matters. This position reports to the Director - Financial Reporting. This is a full-time role based in our Chicago office. We are operating in a hybrid environment where we are in-office 4 days/week. Responsibilities may include, but are not limited to : Research, interpret, and apply accounting standards and interpretive guidance to complex and/or non-routine transactions (e.g., acquisitions, divestitures, significant investments). Prepare technical accounting memos and documentation to support accounting decisions and present conclusions to senior management and external auditors. Advise finance and business teams on the accounting implications of new or potential business initiatives, contracts, and transactions. Monitor changes in accounting standards and assess their impact on Morningstar's financial statements and accounting policies. Inform and support various stakeholders throughout the implementation of new accounting standards. Assist in the preparation and review of financial statements and disclosures for accuracy and completeness, with dedicated responsibility for the disclosure checklist and the following areas: investments, goodwill, intangibles, and significant accounting policies. Benchmark peer company filings to inform and enhance financial statement disclosures. Identify opportunities to improve accounting processes and controls related to technical areas. Support the external audit process by providing technical guidance and responding to auditor inquiries. Assist with special or ad hoc projects as needed.