Morningstar · 1 day ago
Accounts Receivable & Collection Analyst
Chicago, IL
Full-time
Hybrid
Entry, Mid Level
$74K/yr - $126K/yr
2+ years expMorningstar is a financial services company that focuses on improving the accounts receivable process. The Collections Analyst will manage client communications regarding outstanding balances, maintain accurate financial records, and support cash flow while ensuring a positive customer experience.
Asset ManagementEnterprise SoftwareFinanceFinancial ServicesImpact InvestingMarket ResearchNewsSoftwareTelecommunications
Responsibilities
Contact clients regarding past-due invoices and follow up to ensure timely payments
Respond promptly and professionally to customer inquiries related to payments and outstanding balances
Submit invoices through client AP portals and verify receipt when necessary
Communicate remittance details to the cash application or accounting team
Maintain positive customer relationships while effectively managing collection efforts
Maintain accurate and up-to-date records of collection activity and customer communications
Prepare documentation for third-party collection submissions when required
Support the month-end close process by providing AR status reports and reconciliations
Collaborate with finance and corporate teams to ensure customer master data integrity
Identify and escalate potential collection issues or risks
Recommend process improvements to enhance collection efficiency
Partner with internal departments (e.g., Sales, Customer Success, Accounting) to resolve payment-related issues
Qualification
Required
2+ years of experience in Accounts Receivable, Collections, or a related finance role
Strong attention to detail, organization, and follow-through
Excellent written and verbal communication skills
Ability to work independently, manage priorities, and meet deadlines
Proficiency with Microsoft Office (especially Excel and Outlook); ability to learn new systems quickly
Preferred
Associate's or Bachelor's degree in Accounting, Finance, or Business
Experience using ERP and CRM systems such as Oracle, and/or Salesforce
Familiarity with basic accounting and AR reconciliation principles
Demonstrated problem-solving skills and a proactive, team-oriented attitude
Benefits
75% 401k match up to 7%
Stock Ownership Potential
Company provided life insurance - 1x salary + commission
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
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
Charitable Matching Gifts program
Dollars for Doers volunteer program
Paid volunteering days
15+ Employee Resource & Affinity Groups
Company
Morningstar
Morningstar provides independent investment research to investors worldwide.
10001+ employees
H1B Sponsorship
Morningstar has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (32)
2024 (50)
2023 (68)
2022 (51)
2021 (57)
2020 (56)
Funding
Current Stage
Public CompanyTotal Funding
$91M2005-05-03IPO
1999-07-09Private Equity· $91M
Leadership Team
Kunal Kapoor
Chief Executive Officer
Lawrence Johnson
SVP & Head of Fintech Engagement
Recent News
2026-01-06
2026-01-06
MarketScreener
2026-01-05
Company data provided by crunchbase