Director, Finance - International Overhead and EDLC

Posted:
11/19/2024, 3:59:07 AM

Location(s):
Arkansas, United States ⋅ Bentonville, Arkansas, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

Position Summary...

What you'll do...

Join Walmart as a Director, Finance – International Overhead and EDLC and your work could help over 295 million global customers live better every week. Yes, we are the Fortune #1 company. But you’ll quickly find we’re a company who wants you to feel comfortable bringing your whole self to work. A career at Walmart is where the world’s most complex challenges meet a kinder way of life. Our mission spreads far beyond the walls of our stores. Join us and you'll discover why we are a world leader in diversity and inclusion, sustainability, and community involvement.  From day one, you’ll be empowered and equipped to do the best work of your life.

The Finance Director for International overhead and EDLC, will oversee overhead costs and cost-saving projects that will play a key role in driving financial discipline, cost efficiency, and profitability across the company’s international operations. This role is responsible for managing and optimizing the overhead cost structure across multiple international markets, ensuring alignment with corporate financial goals, and leading cost reduction initiatives. The Finance Director will work closely with senior leadership, regional finance teams, and functional heads to identify opportunities for cost savings, streamline processes, and improve financial performance across the organization.

Key Competencies:

  • Cost Consciousness: Ability to identify inefficiencies and areas for improvement, with a strong focus on driving cost savings across diverse markets.
  • Strategic Thinking: Ability to develop and implement long-term cost-saving strategies while balancing short-term financial needs.
  • Collaboration: Exceptional communication and interpersonal skills, with the ability to work effectively with senior management and cross-functional teams.
  • Change Management: Ability to lead change and influence the organization’s culture to embrace cost optimization and continuous improvement.
  • Results-Oriented: Strong track record of delivering on financial targets and cost-saving goals, with a focus on achieving measurable outcomes.

You’ll make an impact by:

Overhead Cost Management & Optimization

  • Oversee the management and control of overhead costs (e.g., SG&A ) across multiple international markets and the International Service Team.
  • Monitor and analyze local and regional overhead spending, ensuring that cost management efforts are aligned with overall business goals.
  • Lead the forecasting and budgeting process for overhead costs, ensuring realistic projections and effective cost containment.

Cost-Saving Strategy Development & Implementation

  • Lead the identification and execution of cost-saving projects across all regions, focusing on reducing waste, optimizing resource allocation, and improving operational efficiency.
  • Work with regional and functional leaders to prioritize cost-saving opportunities and ensure alignment with business objectives.
  • Establish a structured framework for cost-saving initiatives, including clear objectives, key performance indicators (KPIs), and timelines for delivery.

Financial Reporting & Performance Monitoring

  • Develop and maintain robust financial reporting systems to track overhead costs and the progress of cost-saving initiatives across various markets.
  • Report on key cost performance metrics to senior leadership, providing insights into trends, risks, and opportunities for further optimization.
  • Provide regular updates and analyses to senior management on cost-saving initiatives, highlighting successes and areas for further improvement.

Cross-Functional Collaboration & Influence

  • Partner with senior leadership teams, including regional finance, operations, HR, IT, and procurement, to drive cost-saving initiatives across all functions.
  • Work closely with market leaders and department heads to understand unique regional cost drivers and tailor cost-saving strategies to local contexts while maintaining global consistency.

Risk Management & Compliance

  • Identify potential financial risks related to overhead costs, such as currency fluctuations, inflation, or regulatory changes in international markets, and develop mitigation strategies.
  • Ensure that all cost-saving initiatives comply with local regulations, accounting standards, and corporate governance practices across all regions.
  • Establish and monitor internal controls to safeguard against cost overruns and inefficiencies.

Leadership & Team Development

  • Lead and mentor a  finance team responsible for overseeing overhead cost management, ensuring alignment with the company’s overall financial strategy.
  • Provide guidance and professional development opportunities to team members, fostering a high-performance culture focused on cost management excellence.
  • Promote collaboration, knowledge-sharing, and continuous learning within the finance team and across the business.

Technology & Process Improvement

  • Leverage technology and financial systems to improve the tracking, reporting, and analysis of overhead costs across markets.
  • Identify and implement process improvements that streamline overhead cost management and increase operational efficiency across regions.

Preferred Qualifications

  • Bachelor’s degree in Finance, Accounting, Technology or related fields and 5 years’ experience in accounting, finance, technology or related area OR 7 years’ experience in accounting, finance, technology or related area. 
  • 2 years of experience leading and completing cross-functional projects
  • Experience working in Fortune 100 companies
  • Strong organizational skills including prioritizing, scheduling, time management, and meeting deadlines
  • Strong influencing and interpersonal skills.
  • Detail and results-oriented with sense of urgency
  • Comfort with ambiguity

At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.

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You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.

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For information about PTO, see https://one.walmart.com/notices.

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Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.

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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 a specific plan or program terms.

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For information about benefits and eligibility, see One.Walmart.

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The annual salary range for this position is $110,000.00-$220,000.00

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Additional compensation includes annual or quarterly performance bonuses.

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Additional compensation for certain positions may also include:

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- Stock

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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 Finance, Accounting, or related field and 5 years’ experience in accounting, finance, or relevant area OR 7 years’ experience
i n accounting, finance, or related area.
2 years’ supervisory experience.
2 years’ experience 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.

Strategic Planning, Working in a large, complex, matrixed organization

Masters: Business Administration

Financial & Insurance - Certified Public Accountant - Certification

Primary Location...

701 S. Walton Blvd., Bentonville, AR 72716-6209, United States of America