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Director, Technical Accounting - Finance

Company: Wal-Mart
Location: Bentonville
Posted on: June 12, 2021

Job Description:

Position Summary...

What you'll do...

  • This role provides a broad and deep understanding of complex transaction accounting evaluations through the lens of US GAAP.

Job Responsibilities

  • Leads the technical accounting consulting process for U.S. based consultations and assigned global market consultations by providing technical accounting expertise and leadership to the finance and business organizations on the consequences of transactions and related accounting issues impacting the business;
  • reviewing significant and/or unusual transactions prior to execution to advise business partners on the structuring of the transaction to ensure compliance with US GAAP and to help evaluate alternative solutions;
  • providing recommendations that optimize both business and accounting outcomes; performing technical accounting research and consulting with management across segments, markets, and business units of the company to ensure that the appropriate accounting conclusions are reached on a wide variety of technical accounting matters and transactions; researching, preparing, and reviewing thoroughly documented position papers on the company's transactions in accordance with US GAAP

  • Develops and maintains assigned global US GAAP and IFRS accounting policies by reviewing, revising, and maintaining global accounting policies; leading global projects to update accounting policies;
  • soliciting comments from all global controllership teams on proposed changes to accounting policies, evaluating the financial impact of accounting policy changes, and effectively communicating accounting policy changes to all global stakeholders;
  • utilizing the GCO Technical Accounting policy team Senior Managers as project managers for global accounting policy update projects and supervising the process; monitoring US GAAP, IFRS, and SEC-rules;
  • making and updating accounting policies accordingly;
  • ensuring consistency of the global interpretation and application of accounting policies;
  • providing direction to the Global Accounting team and other associates as new and revised policies are implemented;
  • leading interaction with Internal Audit teams to advise them on the audit plans created to ad

  • Leads global accounting policy and technical accounting related projects by monitoring US Generally Accepted Accounting Principles, International Financial Reporting Standards, and Securities and Exchange Commission rule making to assess the impact on the company and related accounting policies including drafting formal summaries of these considerations for distribution to the Audit Committee;
  • participating in the global Business Unit Accounting Review program to help ensure consistency and compliance in all markets with the application of US GAAP and company accounting policies; leading technical accounting round table meetings with assigned markets controllership teams to help ensure awareness of current accounting issues and consistent application of US GAAP and company accounting policies;
  • assisting in the review of the company's quarterly and annual filings with the SEC on the Form 10-Q and the Form 10-K;
  • ensuring associates are provided technical guidance on GAAP;

  • Provides overall direction by analyzing business objectives and customer needs; developing, communicating, building support for, and implementing business strategies, plans, and practices;
  • analyzing costs and forecasts and incorporating them into business plans; determining and supporting resource requirements;
  • evaluating operational processes;
  • measuring outcomes to ensure desired results;
  • identifying and capitalizing on improvement opportunities;
  • promoting a customer environment; and demonstrating adaptability and sponsoring continuous learning.

  • Develops and implements strategies to attract and maintain a highly skilled and engaged workforce by diagnosing capability gaps; recruiting, selecting, and developing talent; supporting mentorship, workforce development, and succession planning; and leveraging the capabilities of new and existing talent.
  • Cultivates an environment where associates respect and adhere to company standards of integrity and ethics by integrating these values into all programs and practices; developing consequences for violations or non-compliance; and supporting the Open Door Policy.
  • Develops and leverages internal and external partnerships and networks to maximize the achievement of business goals by sponsoring and leading key community outreach and involvement initiatives; engaging key stakeholders in the development, execution, and evaluation of appropriate business plans and initiatives; and supporting associate efforts in these areas.

The above information has been designed to indicate the general nature and level of work performed in the role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.

About Walmart

At Walmart, we help people save money so they can live better. This mission serves as the foundation for every decision we make, from responsible sourcing to sustainability-and everything in between. As a Walmart associate, you will play an integral role in shaping the future of retail, tech, merchandising, finance and hundreds of other industries-all while affecting the lives of millions of customers all over the world. Here, your work makes an impact every day. What are you waiting for?

Walmart, Inc. is an Equal Opportunity Employer - By Choice. We believe we are best equipped to help our associates, customers and the communities we serve live better when we really know them. That means understanding, respecting and valuing diversity - unique styles, experiences, identities, ideas and opinions - while being inclusive of all people.

Minimum Qualifications...

Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.

Minimum Qualifications: Bachelor's degree in Accounting or related field. Certified Public Accountant (CPA) license. 8 years' of financial accounting and reporting experience. 8 years' of experience in researching and applying US GAAP and IFRS technical accounting issues. 5 years' of supervisory experience OR leading and completing cross-functional projects.

Preferred Qualifications...

Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.

Finance/Accounting

Masters: Accounting

Primary Location...

702 SW 8TH ST, BENTONVILLE, AR 72716, United States of America

About Walmart

At Walmart, we help people save money so they can live better. This mission serves as the foundation for every decision we make, from responsible sourcing to sustainability-and everything in between. As a Walmart associate, you will play an integral role in shaping the future of retail, tech, merchandising, finance and hundreds of other industries-all while affecting the lives of millions of customers all over the world. Here, your work makes an impact every day. What are you waiting for?

Walmart, Inc. is an Equal Opportunity Employer - By Choice. We believe we are best equipped to help our associates, customers and the communities we serve live better when we really know them. That means understanding, respecting and valuing diversity - unique styles, experiences, identities, ideas and opinions - while being inclusive of all people.

Hello, NW Arkansas

With over 200 miles of trails, an emerging locally-sourced food scene, the world-renowned Crystal Bridges Museum-NWA has something for everyone.

Discover NW Arkansas

  • Art

Crystal Bridges Museum

Celebrate the American spirit in a setting that unites the beauty of art and the power of nature.

  • Culture

Walton Arts Center

Arkansas' premiere center for visual arts and entertainment.

  • Education

The Amazeum

An interactive children's museum that's fun for the whole family.

  • Commune

Botanical Gardens

42 acres of premiere public garden space.

  • Explore

Devil's Den State Park

Located on 2,500 acres, Devil's Den State Park is the perfect place to explore Arkansas' natural beauty.

  • come together

Fayetteville Square

The best of shopping and restaurants, right in the heart of Fayetteville.

All the benefits you need for you and your family

  • Multiple health plan options, including vision & dental plans for you & dependents
  • Financial benefits including 401(k), stock purchase plans, life insurance and more
  • Associate discounts in-store and online
  • Education assistance for Associate and dependents
  • Parental Leave
  • Pay during military service
  • Paid Time off - to include vacation, sick, parental
  • Short-term and long-term disability for when you can't work because of injury, illness, or childbirth

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific plan or program terms. For information about benefits and eligibility, see One.Walmart.com/Benefits.

Frequently asked questions

  • On average, how long does it take to fill out an application?

On average, it takes 45-60 minutes to complete your application for the first time. Subsequent applications will take less time to apply as our system saves some of your application information. Please note that some positions require the completion of assessments in order to receive consideration for that role. Those would take additional time.

  • Can I change my application after submitting?

No, you cannot change your application after submitting, so please make sure that everything is finalized before you hit the submit button.

  • How do you protect my personal information?

Processing of information on paper is minimal, and Walmart processes application information using an applicant tracking system (ATS). Access to the data within the ATS is restricted to authorized personnel, and the system itself is held to high security standards by Walmart.

  • What are the recommended Internet Browsers for applying for open roles?
  • Internet Explorer 8.0+
  • Firefox 4.0+
  • Safari 4.0+
  • Chrome 12+

See All FAQs

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Keywords: Wal-Mart, Springdale , Director, Technical Accounting - Finance, Other , Bentonville, Arkansas

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