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Position Summary...What you'll do...Join Walmart as a Director, Finance - International Tech & Product 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 Tech & Product, plays a critical leadership role in managing the financial health of the segment's technology and product development functions. This role will work closely with senior leadership, including the Chief Technology Officer (CTO), Chief Product Officer (CPO), and other key stakeholders, to provide financial oversight, strategic planning, budgeting, forecasting, and business analysis. The position is integral to ensuring that technology investments and product development initiatives are aligned with our customers needs, the company's overall financial goals, growth strategies, and profitability objectives. If you love making impacts at massive scale, this is the role for you.Key Competencies:• Financial acumen with the ability to translate complex financial data into actionable insights for non-financial stakeholders.• Strong business partnership skills, with the ability to influence and collaborate with senior leadership, technology, and product teams.• High degree of integrity, accuracy, attention to detail, and the ability to work under pressure.• A forward-thinking approach to financial planning, with a deep understanding of the retail technology landscape and emerging trends.You'll make an impact by:Strategic Financial Planning & Analysis• Partner with the technology and product development teams to develop and execute strategic financial plans that support business objectives.• Provide financial modeling, business case analysis, and performance insights to inform key technology and product decisions.• Analyze cost structures, identify opportunities for cost optimization, and recommend financial strategies for maximizing returns on technology investments.Budgeting & Forecasting• Lead the annual budgeting process for technology and product development departments, ensuring alignment with the company's financial goals.• Track and manage departmental spend/forecast, ensuring alignment with budget and forecasting adjustments where necessary.Cost Management & Investment Decisions• Collaborate with product managers and technology leaders to assess the financial viability of new technology and product investments.• Provide insight into ROI on technology investments and product design/engineering efforts, balancing innovation with financial discipline.Performance & Reporting• Regularly report on financial performance, highlighting trends, variances, and potential risks to senior management.• Support the International CFO and executive leadership team with quarterly and annual financial reporting to ensure transparency and strategic decision-making.Cross-Functional Collaboration• Collaborate with product teams, IT departments, and business leaders to ensure that financial considerations are integrated into the decision-making process.• Act as a trusted advisor to technology and product leaders, offering financial perspectives to balance innovation and cost-effectiveness.Risk Management & Compliance• Identify and mitigate financial risks associated with technology projects and product development cycles, to enhance accuracy, transparency, and efficiency.• Ensure compliance with internal financial controls, corporate governance standards, and regulatory requirements as they relate to product development and technology spend.Team Leadership & Development• Lead, mentor, and develop the finance team responsible for technology and product financial management.• Build a strong finance capability within the technology and product development functions, fostering a culture of financial awareness and accountability.• Continuously improve the financial processes and systems used by the technology and product development teams.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 ambiguityAt 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.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.For information about PTO, see https://one.walmart.com/notices .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.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 .The annual salary range for this position is $110,000.00-$220,000.00Additional compensation includes annual or quarterly performance bonuses.Additional compensation for certain positions may also include:- StockMinimum Qualifications...Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.Minimum QualificationsBachelor's degree in Finance, Accounting, or related field and 5 years' experience in accounting, finance, or relevant area OR 7 years' experiencei 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 organizationMasters: Business AdministrationFinancial & Insurance - Certified Public Accountant - CertificationPrimary Location...701 S. Walton Blvd., Bentonville, AR 72716-6209, United States of America
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What You Should Know About (USA) Director, Finance - International Tech & Product, Walmart

Join Walmart as a Director, Finance - International Tech & Product and step into a role that can truly make a difference in the lives of over 295 million customers worldwide! At Walmart, we are not just a Fortune #1 company; we are a community that values your authenticity and empowers you to bring your whole self to work every day. As the Director of Finance, you’ll be at the heart of managing the financial health of our technology and product development initiatives, collaborating closely with our senior leadership, including the Chief Technology Officer and the Chief Product Officer. This isn’t just about balancing books; it’s about strategically planning and shaping the financial landscape for groundbreaking technology that meets our customers' needs. In this role, you’ll provide financial oversight, strategic planning, budgeting, and business analysis to ensure our tech investments align with Walmart’s goals and objectives. With the responsibility for leading the annual budgeting process, analyzing cost structures, and delivering actionable insights, your influence will be key to optimizing costs and maximizing returns on our investments. We’re looking for someone who is not only financial savvy but also possesses strong business partnership skills and a proactive attitude toward financial planning. If you’re ready to make an impact at a scale like no other, then this is the opportunity for you at Walmart!

Frequently Asked Questions (FAQs) for (USA) Director, Finance - International Tech & Product Role at Walmart
What are the responsibilities of the Director, Finance - International Tech & Product at Walmart?

As the Director, Finance - International Tech & Product at Walmart, you'll lead the financial management of technology and product development functions. Your key responsibilities include strategic financial planning, budgeting, forecasting, and performance analysis. You'll collaborate with senior leadership to ensure technology investments align with Walmart's financial goals, optimizing costs and driving profitability.

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What qualifications are needed for the Director, Finance - International Tech & Product position at Walmart?

To qualify for the Director, Finance - International Tech & Product role at Walmart, candidates should hold a bachelor's degree in Finance, Accounting, or a related field along with 5 years of relevant experience or 7 years of equivalent experience. Additionally, 2 years of supervisory experience and experience leading cross-functional projects are required. A strong financial acumen and the ability to influence senior leaders are also essential.

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How does the Director, Finance - International Tech & Product collaborate with other teams at Walmart?

In the role of Director, Finance - International Tech & Product at Walmart, you will frequently collaborate with various teams, including product managers, technology leaders, and senior executives. Your input is critical in ensuring that financial considerations are woven into strategic decisions, enhancing both innovation and cost-effectiveness across projects.

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What is the salary range for the Director, Finance - International Tech & Product role at Walmart?

The salary range for the Director, Finance - International Tech & Product position at Walmart is between $110,000 and $220,000 annually. Additionally, this role includes performance-based bonus opportunities and other competitive benefits that contribute to a fulfilling employment experience.

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What benefits does Walmart offer for the Director, Finance - International Tech & Product position?

Walmart offers a comprehensive benefits package for the Director, Finance - International Tech & Product role that includes medical, vision, and dental coverage, 401(k) plans, stock purchase options, paid time off, and educational assistance through Walmart’s Live Better U program. These benefits are designed to promote your health, well-being, and professional development.

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Common Interview Questions for (USA) Director, Finance - International Tech & Product
Can you explain your experience with financial modeling and how it applies to the Director, Finance role?

When discussing your experience with financial modeling, highlight specific projects that required you to develop models to support strategic decisions. Explain how your financial modeling directly influenced business outcomes, showcasing your ability to translate data into actionable insights for non-financial stakeholders.

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How do you approach budgeting and forecasting in a complex organization like Walmart?

In addressing budgeting and forecasting, emphasize your systematic approach and ability to align departmental budgets with organizational goals. Discuss your experience in leading annual budgeting processes and how you adapt to changes in business conditions while maintaining transparency and accuracy in financial forecasts.

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Describe a time when you had to collaborate with senior leadership on a financial decision.

Share a specific instance where you worked with senior leaders, detailing how you presented financial insights that informed a key strategic decision. Highlight your skills in influencing others, your approach to data presentation, and how you ensured that financial implications were clearly understood.

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What strategies do you use to identify cost optimization opportunities?

When discussing cost optimization strategies, mention specific analytical tools or methodologies you utilize to analyze cost structures. Provide examples of how you've successfully identified and implemented cost-saving initiatives that had a positive impact on the organization's financial health.

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How do you ensure compliance with financial regulations in your financial planning?

Explain your thorough approach to compliance, citing specific regulations relevant to financial planning. Discuss how you stay updated on regulatory changes and ensure that your team's processes adhere to these regulations, emphasizing your attention to detail and commitment to accuracy.

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What role does risk management play in financial decision-making for technology investments?

Risk management is critical in financial decision-making, especially for technology investments. Discuss how you assess the financial risks associated with new projects, your methodologies for mitigating these risks, and how you balance innovation with prudent financial discipline.

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How do you manage and lead a finance team effectively?

Describe your leadership style and how you foster a collaborative environment within your finance team. Share experiences of mentoring team members, promoting professional development, and instilling a sense of accountability and financial awareness across the organization.

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Can you provide an example of how you've integrated financial insights into cross-functional projects?

Provide a concrete example where your financial insights directly impacted a cross-functional project. Detail how you worked with multiple teams, the outcomes of integrating financial considerations, and the overall effect on the project's success.

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What is your understanding of the retail technology landscape, and how does it impact financial planning?

Articulate your knowledge of current trends in retail technology and how they influence financial planning. Discuss how staying informed about emerging technologies positions you to make effective financial decisions, anticipating the financial implications of adopting new tech in product development.

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How do you prioritize multiple financial projects with tight deadlines?

Discuss your time management strategies for prioritizing projects under tight deadlines. Explain how you assess project importance based on business impact, how you delegate tasks appropriately, and ensure that all financial reporting and analyses are completed on schedule.

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December 12, 2024

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