Walmart - Senior Manager - Finance COE

Senior Manager - Finance COE

Location: Bangalore

Reports to: Director/Sr.

Director

About Team/Role :

- We as the finance organization in the Company are responsible for accounting, tax compliances, budgeting, planning, forecasting and reporting the results.

- We are at the helm of all crucial information, be it customer insights or business intelligence.

- We enable technology functions to continue to build and deliver solutions which help in overall success of Walmart's businesses.

- We provide the highest quality of financial information with 'no surprises' to help the Company deliver on its vision of 'Every Day Low Cost (EDLC)' and 'Every Day Low Price (EDLP)'.

- We achieve this while maintaining a high level of operational excellence and the highest standards of ethics, integrity, transparency and respect for others.

- Finance CoE team is based out of Walmart Global tech Bangalore office.

- This team primarily provides end to end FP&A support to Commercial finance teams supporting Walmart Segments (WM US, Sam's Club, Intl & Corporate Segment) .

- This position is responsible for finance partnering with Segment Finance/ commercial finance teams through financial analysis, budgeting, planning & forecasting; to facilitate decision making and future business strategies.

- An individual in this position might be expected to lead and manage teams along with individual responsibility areas and perform additional duties as assigned and/or necessary.

Key Responsibilities :

- As a member of Walmart's finance organization, you will be responsible for finance business partnering with various Commercial finance teams.

- Design, lead and implement forecast and performance management processes to institute rigor, accountability and alignment across business units.

- Responsible for providing financial support for planning and control and P&L management, consolidation and reporting of financial results.

- Responsibilities will also include gathering, modeling, analyzing, and summarizing information into financial plans, operating forecasts on a weekly, monthly, quarterly or annual basis.

- Proactively provide view of risks/opportunities and other forward-looking information to mitigate risks.

- Prepare and provide recommendations based on analysis performed on various aspects of actual spend vs forecast/plans.

- Perform revenue/ expense analysis at cost center level, reconciliation of accounts, variance analysis and ad-hoc analysis as needed.

- Ensure that financial operations are fully compliant with regulatory requirements and industry standards.

- Manage financial risks and take proactive measures to mitigate potential issues.

- Collaborate with Walmart Technology, Enterprise Business Solutions and other stakeholders to leverage technology solutions for finance functions, including the implementation and optimization of financial systems and transformational technology such as GenAI.

- Ensuring process documentation is always updated and backup plans are in place.

- Ensuring all activities are performed on time with utmost accuracy and all key Financial metrics/SLAs are tracked and reported as agreed.

- Provides supervision and development opportunities for associates by hiring and training; performance management, mentoring; assigning duties; providing recognition; and ensuring diversity awareness.

Stakeholder Management:

- Provides and supports the implementation of business solutions by building relationships and partnerships with key stakeholders.

- Work independently with senior Finance stakeholders with minimum supervision and support them in delivering business value.

- Lead and drive projects as individual contributor or people manager with multiple stakeholders.

- Collaborate with cross-functional teams, segment and functional finance leaders, and external partners to ensure seamless integration between the Finance COE and broader Finance teams in delivering on Finance's objectives.

Competencies:

An individual must be proficient in each of the competencies listed below to successfully perform the responsibilities of the position.

- Judgment: Demonstrate Professional Judgment - Researches and integrates relevant information and data, and uses expertise to make recommendations or decisions.

- Identifies and applies sound, fact-based criteria in setting priorities and making decisions.

- Uses business measures and analyses to identify improvement opportunities.

- Probes and looks beyond symptoms to determine the root causes of problems and identify possible solutions.

- Customer Centered: Meet Internal and External Customer Needs - Identifies the requirements, expectations, and needs of Customers.

- Supports and aligns with initiatives, goals, and actions focused on improving Customer service.

- Addresses the concerns and issues of internal and external Customers.

- Uses Customer data, analyses and provides insights to improve Customer-related decisions.

- Team Player: Excellent team player and able to collaborate across different teams and geographies, Support teams in case of BCP requirements.

- Execution and Results: Focus on Execution and Results - Aligns and pursues work activities to achieve the mission and business priorities of the organization.

- Shares information, practices and resources across functions, organizations, and locations to improve performance.

- Effectively uses existing processes and tools to achieve performance objectives.

- Uses and explains major process steps to manage time, resources and challenges to meet goals.

- Planning and Improvement: Plan for and Improve Performance - Develops and implements plans, practices, and processes to better achieve organizational goals.

- Develops contingency plans to manage or eliminate potential problems.

- Identifies and recommends ways to continually improve and streamline processes and practices.

- Influence and Communicate: Build Influence - Develops and presents logical, convincing reasons in support of one's perspectives and initiatives.

- Proactively shares relevant information and timely updates with appropriate people.

- Listens attentively and asks questions to ensure understanding.

- Researches information for and prepares documents and presentations that effectively convey relevant information in a timely manner.

- Ethics and Compliance: Model Ethics and Compliance - Acts in accordance with policies and procedures.

- Demonstrates ethical performance.

- Supports efforts to enforce compliance with policies and procedures.

- Adaptability: Adapt Professionally - Demonstrates creativity and strength in the face of change, obstacles, and adversity.

- Adapts to competing demands and shifting priorities.

- Updates and shares knowledge and skills to keep current in one's area of expertise.

- Embraces change and supports its implementation.

- Build Relationships: Form Relationships - Builds trusting, collaborative relationships and alliances across functional and organizational boundaries.

- Relates to others in an accepting and respectful manner, regardless of their organizational level, personality, or background.

- Collaborates with people from diverse backgrounds, experiences, and functional areas to discover new perspectives.

- Change Management: Support and lead change initiatives within the Finance Center of Excellence and work with team during transformation.

Qualifications and Skills:

- 10-15 years of relevant experience.

- CA/CWA/CPA/MBA Finance preferred.

- Prior experience of working in COE/Shared services/GCC setup preferred.

- Prior FP&A experience and managing overall P&Ls is mandatory; hands-on experience in financial modelling and analytics would be an advantage.

- Prior experience in leading teams, driving improvements and transformation.

- Experience in working in a matrix organization structure with global stakeholders in multiple time zones.

- Strong spreadsheet and PowerPoint skills and proficiency in SAP, BI, Essbase, OneStream, Hyperion Planning or similar financial system.

- Strong attention to detail, adherence to deadlines, organizational skills, and analytical skills.

- Strong communication and interpersonal skills.

- Self-starter able to prioritize given responsibilities with minimal supervision.

- Experience in automation tools like Power BI, Tableau, Macro, SQL etc. is preferred

- Open to work in overlap shifts ie 1-10pm or 2-11pm IST

Educational Qualifications: Bachelor's/Master's