Senior Analyst, Account Receivable

Posted:
9/9/2024, 2:54:10 PM

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

Experience Level(s):
Senior

Field(s):
Sales & Account Management

Position Summary...

What you'll do...

Demonstrates up-to-date expertise and applies this to the development, execution, and improvement of action plans by providing expert advice and guidance to others in the application of information and best practices; supporting and aligning efforts to meet customer and business needs; and building commitment for perspectives and rationales.
Provides and supports the implementation of business solutions by building relationships and partnerships with key stakeholders; identifying business needs; determining and carrying out necessary processes and practices; monitoring progress and results; recognizing and capitalizing on improvement opportunities; and adapting to competing demands, organizational changes, and new responsibilities.
Models compliance with company policies and procedures and supports company mission, values, and standards of ethics and integrity by incorporating these into the development and implementation of business plans; using the Open Door Policy; and demonstrating and assisting others with how to apply these in executing business processes and practices.


Accounts Receivable:

Requires knowledge of:

Regulatory framework for financial reporting; Relevant accounting standards; Differences between national and international financial reporting standards; Types of business transactions and events; Types of business documentation; Organization's financial reporting framework; Accounting standards and requirements.

To ensure the organization's financial transactions follow new requirements under the updated reporting frameworks. Analyze impact on the financial statements arising from changes in accounting standards. File records of business documentation accurately. Calculate accruals and prepayments. Prepare accounting treatments for a variety of transactions and events. Produce accurate financial statements.

Data Management:

Requires knowledge of:

Understanding of user’s data consumption, data needs, and business implications; Master data, data hierarchies, and connections to transactional data; Business, technical, process, and operational data architecture, standards, definitions, and repositories; Regulatory and ethical requirements and policies around data privacy, security, storage, retention, and documentation.

To implement data management solutions and manage metadata environment. Leads changes and revisions to data, data sources and data hierarchies within given guidelines. Queries, reports, and analyzes metadata to ensure consistency across platforms. (for example, ensuring that the reason for termination of an associate updated in the system reflects in all upstream and downstream systems to ensure claims are processed seamlessly).


Governance & Control:

Requires knowledge of:

Processes and process design; Financial policies - internal and regulatory.  Organizational master data management & controls for Finance.

To participate on a project team tasked with evaluating existing internal controls. Review data gathered from various businesses pertaining to controls and governance guidelines. Identify and highlight deviations from the defined processes and guidelines such as work-flow discrepancies, recording methods and systems flow, reconciliation process and policies etc. Assists in developing internal control reports for audit purposes. Review and test existing controls and governance policies pertaining to regulatory framework on a periodic basis and highlight need for modifications, if any.


Managing Functional Partnerships:

Requires knowledge of:

Stakeholder identification and mapping Stakeholder analysis; Stakeholder communication; Stakeholder engagement techniques; Stakeholder management effectiveness tools and methods; Fluency in many specialized business vernacular.

To understand the interests & profiles of key stakeholders. Analyze Stakeholder needs and partner with them to share relevant information. Engage with business partners (internal/external) on a periodic basis and establish credibility. Foster a climate of trust and respect; respond effectively and efficiently to requests.

Operational Excellence:

Requires knowledge of:

Organizational Processes; Operating Requirements; Root Cause Analysis techniques; Department Workflows; Standard Operating Procedures and service standards.

To identify the primary operational functions of the organization. Lists common tasks and activities performed by operations functions and subfunctions. Understands where to locate and how to interpret and categorize tickets/cases, read SOP information. Describes the interdependence of cross functional teams and operating functions. Locates information regarding fundamental practices and policies.

Service Excellence:

Requires knowledge of:

Relevant Knowledge Articles; Service process and procedures; Stakeholder Management.

To coordinate and manage service issues, demonstrate quality service delivery for all stakeholder requests and expectations, while focusing on enhancing service experience. Understand key metrics, scorecards like time, quality etc. that relates to efficient delivery and closure of transactions. Demonstrates an understanding of the underlying concepts and values of a service organization; participate and facilitate discussions on key KPIs, productivity measures/service levels for the team. Generate potential innovative/improvement ideas within area of responsibility to transform stakeholder experience and improve productivity measures.

Understanding Business Context:

Requires knowledge of:

Industry, environmental, economic factors and competitors (for example, market fluctuations, changes in policies or politics, emerging technology, cultural practices); Global business strategy; Fluency in specialized business vernacular; Translating business knowledge into actionable insights; Business management practices across multiple domains such as merchandise, supply chain marketing, sales, technology, business and finance systems, etc., and in-depth knowledge of company practices; Business metrics (for example, fiscal financial targets, product sales, service line, and operational budgets, technology spend).

To demonstrate functional knowledge of the business unit/organization being supported at a foundational level. Understands the impact of decisions in day-to-day work and how it foundationally connects to business processes, systems, and tools.
Finance & Accounting:

Requires knowledge of:

Relevant financial and business management terminology, metrics, key performance indicators and drivers of creating shareholder value.


To demonstrate awareness, knowledge & application of the professional accounting standards to support entities’ operational and financial requirements. Identify basic cost classifications (e.g., fixed, variable, direct, indirect) and their use for financial reporting and inventory valuation. Apply accounting principles to accurately record financial transactions and maintain appropriate supporting documentation. Perform all activities within the receivables process; calculate non-complex provisions using appropriate methods; identify risks of bad debts. Perform all activities within the payables process. Perform month-end close activities and provide accurate and timely financial submissions. Reconcile sub-ledgers to general ledger and perform other related account reconciliations; evaluate accounts for legitimacy and balance substantiation. Identify basic financial statements, their purpose, interrelationships, and their elements; calculate financial ratios. Prepare and provide accurate and timely financial data, where appropriate, for inclusion in the financial control process. Understand basic U.S. Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and/or country-specific reporting frameworks.

Financial Acumen:

Requires knowledge of:

Relevant financial and business management terminology, metrics, key performance indicators and drivers of creating shareholder value (for example, WMT’s purpose, drivers of share price, Financial Statement & Analysis, Accounting, Planning & Forecasting, Principles of Investments); Industry specific trends & best practices in finance; Financial challenges and issues due to environmental, industry, and economic factors and how they affect strategy, organizational plans and stakeholders.

To identify and define the financial metrics that impact an outcome. Perform basic analyses based on direction provided to draw appropriate conclusions. Effectively communicate analyses and results. Understand the factors and trends related to financial performance.

Financial Analysis and Reporting:

Requires knowledge of:

Relevant financial and business management terminology, metrics, key performance indicators and drivers of creating shareholder value; Financial Statement & Analysis - Correlation between Balance Sheet, P&L, and Cash Flow statements.


To perform month-end close activities and provide accurate and timely financial submissions. Reconcile sub-ledgers to general ledger and perform other related account reconciliations; evaluate accounts for legitimacy and balance substantiation. Identify basic financial statements, their purpose, interrelationships, and their elements; calculate financial ratios. Prepare and provide accurate and timely financial data, where appropriate, for inclusion in the financial control process. Understand basic U.S. Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and/or country-specific reporting frameworks.




Live our Values: Culture Champion - Models the Walmart values to foster our culture; holds oneself accountable; and supports Walmart's commitment to communities, corporate social responsibility, and sustainability; maintains and promotes the highest standards of integrity, ethics and compliance.
Live our Values: Servant Leadership - Is consistently humble, self-aware, honest, and transparent.
Embrace Change: Curiosity & Courage - Demonstrates curiosity and a growth mindset; supports innovation and intelligent risk-taking; and exhibits resilience in the face of setbacks.
Embrace Change: Digital Transformation & Change - Implements and supports continuous improvements and willingly embraces new digital tools and ways of working.
Deliver for the Customer: Customer Focus - Delivers results while putting the customer first and applying an omni merchant mindset and the EDLP and EDLC business models to all plans.
Deliver for the Customer: Strategic Thinking - Adopts a broad perspective that considers data, analytics, customer insights, and different parts of the business when making plans.
Focus on our Associates: Diversity, Equity & Inclusion - Embraces diversity in all its forms and actively supports diversity of ideas and perspectives, as well as diversity goal programs.
Focus on our Associates: Collaboration & Influence - Builds strong and trusting relationships with team members and business partners; works collaboratively to achieve objectives; communicates with impact to a range of audiences; and demonstrates energy and positivity for own work.
Focus on our Associates: Talent Management - Contributes to an environment allowing everyone to bring their best selves to work, demonstrates engagement and commitment to the team, and recognizes others' contributions and accomplishments.

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 $50,000.00-$95,000.00

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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.

Preferred Qualifications...

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

Primary Location...

805 Se Moberly Ln, Bentonville, AR 72712, United States of America