Senior Manager, Audit

About the Global People Team

Leaders and individual contributors alike look to our Global People teams to influence strategy, optimize working models and enable the business to achieve results while preserving the fabric that sets us apart and keeps our 1.3M+ associates coming to work every day. By providing the necessary tools and insights, our People professionals operate as partners at every phase of workforce planning, talent management, organizational design and change management. From building communities to preparing Walmart for the future, to be a member of this team is to operate as a vital component to our sustainable success. Together, we think beyond the status-quo and inspire others to evoke positive change. When you join us in Global People, you immerse yourself in our culture, becoming a trailblazer and a true agent of influence.

About the Team/Position

As a Senior Manager, Benefits Accounting, Audit and Operations, you'll play an important role in managing the accounting, audit and finance related processes for our health and welfare plan as part of the benefits team. You’ll also have a role in managing projects for benefits operations.

In this role, you’ll work with our internal and external partners as you lead our audit, accounting and financial reporting processes. You’ll ensure that our plans remain in compliance with accounting and audit standards, you’ll lead the monthly reconciliation and funding processes for our plans, and you’ll communicate analysis and information to senior leadership and other partners. You’ll also manage benefit operations projects. With these projects, you’ll partner with benefit team members as well as partners throughout the organization to ensure compliance, improve an experience or launch a program. As a member of the benefits team, you’ll play a role in shaping the wellbeing of our associates and providing them with the tools and resources needed to reach their goals.

What you’ll bring…

• You’re adaptable, curious, and not comfortable with the status quo, but instead are constantly looking to improve programs, processes, and outcomes.
• You have a proven ability to work effectively across different teams and with various stakeholders.
• You have strong leadership and team management skills.
• You have exceptional attention to detail and accuracy in financial reporting, auditing and accounting.
• You have great listening skills, critical thinking skills, and an ability to articulate complex points simply.
• You bring knowledge of ERISA and health and welfare plans
• You bring knowledge of accounting and auditing standards, financial reporting (including forms 5500 and 990), SOX compliance and related processes.
• You bring knowledge of plan operations.

Education, Experience and Certifications:

• Bachelor’s degree in Accounting, Finance or a related field
• Minimum of 5 years of experience in accounting or auditing, with experience in benefits-related roles a plus.
• Experience with health and welfare plan operations.
• Certified Public Accountant (CPA) preferred.
• Certified Management Accountant (CMA) or Certified Employee Benefit Specialist (CEBS) is a plus.

What you’ll do…

• Oversees the team member responsible for audit and financial reporting processes for ERISA plans, including SOX compliance, Form 5500 review and filing, Form 990 review and filing, and other audit requests and financial reporting requirements.
• Oversees the team member responsible for the accounting processes of the team, including the monthly close process, and the submission of daily, weekly, or monthly funding wires for payment to vendors; Ensures that these processes are completed timely and accurately.
• Conducts regular plan monitoring and analysis to ensure that processes and systems are operating as expected throughout the year.
• Coordinates with internal partners to provide financial benefits program information for use in the annual proxy statement.
• Collaborates with internal partners to facilitate the transition of financial benefits related processes from the legacy payroll system to SAP.
• Manages accounting and audit projects by determining scope and objectives; developing cross-functional audit plans; determining and gathering resources from leadership in global markets; partnering with stakeholders and process owners for execution of plans; reviewing and validating audit planning memos, audit programs, test work, and reports; ensuring timely delivery and successful completion of projects; and following up with local markets to provide support and guidance to ensure process adherence.
• Drives efficiencies in the accounting and audit process by recognizing automation and integration opportunities; creating common auditing methodologies; responding to critical business situations; and participating in cross-functional teams.
• Communicates accounting and audit information to senior leadership by reviewing audit documents and work papers; documenting work papers, findings, and recommendations for management presentations; ensuring presentations, review reports, and correspondence are in alignment with internal audit standards; leading customer opening and closing conferences; resolving customer and team issues; and updating audit management and customer on issues and risks.
• Drives the execution of multiple business plans and projects by identifying customer and operational needs, developing and communicating business plans and priorities, removing barriers and obstacles that impact performance, providing resources, identifying performance standards, measuring progress and adjusting performance accordingly, developing contingency plans, and demonstrating adaptability and supporting continuous learning.
• Provides supervision and development opportunities for associates by selecting and training; mentoring; assigning duties; building a team-based work environment; establishing performance expectations and conducting regular performance evaluations; providing recognition and rewards; coaching for success and improvement; and ensuring diversity awareness.
• Promotes and supports company policies, procedures, mission, values, and standards of ethics and integrity by training and providing direction to others in their use and application; ensuring compliance with them; and utilizing and supporting the Open Door Policy.
• Ensures business needs are being met by evaluating the ongoing effectiveness of current plans, programs, and initiatives; consulting with business partners, managers, co-workers, or other key stakeholders; soliciting, evaluating, and applying suggestions for improving efficiency and cost-effectiveness; and participating in and supporting community outreach events.
• Drives global audit framework and audit planning to mitigate risk to the company by collaborating with executive leadership in markets to define performance goals, metrics, and types of audits to be performed, and ensuring audit plans support business initiatives; creating and gaining approval for audit plans for global audit; creating and maintaining tools used to identify and measure risk to the company and determine audit focus; and sharing best practices across global audit teams.
• Assigns and directs accounting and audit staff in the validation of control design and effectiveness and identifies process deficiencies by testing performance of controls against Company procedures and/or external regulatory/accounting requirements; evaluating process efficiencies; and performing advanced data and analytical analysis.
• Partners with benefits team members and partners throughout the organization to manage benefit operations projects to ensure compliance, improve an experience or launch a program.
• Drives efficiency, streamlining, improved processes and standardization where necessary.

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. The full Job Description can be made available as part of the hiring process.

Benefits & Perks

At Walmart, we offer competitive pay as well as performance-based incentive 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, education assistance with college degrees, company discounts, military service pay, adoption expense reimbursement, and more.

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. For information about benefits and eligibility, see One.Walmart.com/Health

Equal Opportunity Employer

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.