at Wal-Mart Associates, Inc. in Bentonville, Arkansas, United States
Duties: Manages the strategy and processes for area of responsibility by partnering with senior leadership to develop the overall strategy; aligning team strategies with the department strategy; evaluating existing processes and identifying areas for improvement; developing processes to drive consistency; developing process strategies to create efficiencies and cost savings in the supplier and contract administration process; overseeing the execution of risk-based strategies; ensuring compliance with set procedures and controls; evaluating outcomes against projected costs and agreements; identifying trends in outcomes and developing processes and training to address them; and ensuring visibility to and training on new processes. Manages the financial performance of assigned business areas by analyzing financial data; comparing data to third-party information, budgets, or actual results; researching and reviewing associates' research of financial information; discussing business impact of information in data and other information to the profit and loss within accounting rules; ensuring audits are managed for timeliness and accuracy; and facilitating the relationship between the team and internal customers and external specialists. Manages the execution of standard processes and controls by providing guidance and expertise on company policies and procedures related to financial controls and systems controls; establishing governance for the department on month-end closings and balance sheet accounts; ensuring account balances are recorded and monitored; ensuring proper controls are present in new and existing financial functions; enhancing and ensuring reporting transparency of company financial systems; overseeing adherence to compliance controls; evaluating current practices on a continuous basis; reviewing and evaluating financial statements to identify unusual account variances; and communicating financial metrics and fluctuations to senior leadership. Manages the implementation of complex initiatives and process improvements in area of responsibility by communicating action plans to the team; leading teams through process changes; communicating the business case to key stakeholders; translating strategy into actionable plans; identifying and communicating areas of opportunity to senior leadership; and managing and allocating resources and budget for the department. Assists multiple cross-functional teams to deliver key business objectives by leveraging cross-functional relationships to align strategic objectives to achieve business goals; providing leadership and direction to cross-functional internal and external teams to allocate and align resources, clarify priorities, and drive deliverables in alignment with corporate goals, objectives, and timelines; providing leadership to prevent or resolve conflicts, mitigate business impact, and position the business to achieve strategic objectives; providing updates to the organization; and eliminating obstacles to ensure key deliverables are met in a timely manner.
Minimum education and experience required: Bachelor's degree or the equivalent in Accounting, Finance, Mathematics, Information Technology, or related field plus 2 years of experience in accounting, finance, payroll, information systems, or related experience; OR 4 years of experience in accounting, finance, payroll, information systems, or related experience.
Skills required: Must have experience with: Technical accounting under US Generally Accepted Accounting Principles (US GAAP) or technical accounting policy and effectively articulating to business partners; Recognizing potential technical accounting concerns within existing or new processes and articulating concerns to relevant stakeholders; Conducting technical accounting research, applying judgments, and drawing conclusions in areas of responsibility; Accounting foundation (e.g. debits and credits, how financial statements come together, purpose of reconciliations etc.) to document accounting flows on complex processes, and effectively explaining these flows and implications to accountants & non-accountants; Identifying potential issues or exposures, recommending solutions or changes needed to existing journal entries or processes, and articulating impacts to business partners; Monitoring resolution of identified accounting issues on assigned areas of responsibility and escalating roadblocks as needed; Business fundamentals and initiatives and related end-to-end accounting processes within areas of responsibility; Operationalizing expansion of existing processes or new business initiatives, from an accounting perspective, by integrating business operations, systems, and back-office accounting to ensure activities are accounted for; Best practices for areas of responsibility and integrate that understanding with existing or new processes to drive accuracy, consistency, and efficiency across an enterprise; Identifying and implementing process and control improvements on complex processes using standardization and automation; Project Management, including prioritizing and managing deliverables related to multiple projects simultaneously with a cross-functional group of stakeholders; Identifying and setting project goals and monitoring status, communicating progress, risks, and/ or roadblocks with potential solutions; Designing recurring dashboard reporting/ metrics/ communication methods with business partners; Finance tools, including capabilities and disadvantages, as well as recommending viable options (given available technologies and resources) to solve for automation, efficiency, or standardization issues; Utilizing systems to research and assisting with automation and standardization ideas & plans to ensure all accounting and process elements are considered before changes are implemented; and Performing system validations, escalate issues and impacts, and defining next steps or mitigation plans with relevant business partners and systems teams. Employer will accept any amount of professional experience with the required skills.
To apply for this position: Send your resume to email@example.com and reference the following Job ID number: R-802565