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(USA) Director, Finance - International Tech & Product

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 in beautiful Noel, MO, where your financial expertise can help shape the future for over 295 million global customers each week! This isn’t just any role; as the Finance Director for International Tech & Product, you'll be at the heart of our mission to drive technology and product innovation while keeping our financial goals front and center. Collaborating closely with senior leaders like the Chief Technology Officer and Chief Product Officer, your strategic insights will guide budgeting, forecasting, and financial analysis, ensuring our technology investments align perfectly with customer needs and our profitability objectives. Walmart is all about embracing diversity and fostering a workplace where you can truly shine as your whole self. With a focus on mentoring and developing your finance team, you'll cultivate a culture of financial awareness that is essential to our growth strategy. If you're passionate about managing finance in the tech space while having a tangible impact on millions of lives, this is the perfect opportunity for you. We're excited to see how your strong business partnership skills and financial acumen can contribute to our steady progression towards excellence. Apply now, and let’s create a kinder, more sustainable world together!

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

The Director, Finance - International Tech & Product at Walmart plays a crucial role in managing the financial health of the technology and product development functions. This includes strategic financial planning, budgeting, performance analysis, and cross-functional collaboration with teams to ensure technology investments align with financial goals.

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

Candidates applying for the Director, Finance - International Tech & Product position at Walmart should have a Bachelor's degree in Finance or Accounting, along with either 5 years of experience in a relevant field or 7 years in accounting or finance. Additionally, at least 2 years of supervisory experience and cross-functional project leadership are preferred.

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How does the Director, Finance - International Tech & Product contribute to Walmart's financial success?

The Director, Finance - International Tech & Product contributes to Walmart's financial success by overseeing the budgeting process, analyzing cost structures, providing financial insights for technology initiatives, and ensuring alignment with strategic financial plans to maximize returns on investments.

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What does Walmart offer in terms of benefits for the Director, Finance - International Tech & Product role?

Walmart offers competitive pay for the Director, Finance - International Tech & Product role, along with performance-based bonuses, health benefits (medical, vision, dental), tuition reimbursement through Live Better U, and various paid time off options, including parental leave and family care leave.

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What skills are essential for the Director, Finance - International Tech & Product at Walmart?

Essential skills for the Director, Finance - International Tech & Product at Walmart include strong financial acumen, excellent collaboration abilities, strategic thinking for financial planning, attention to detail, and effective communication skills to influence stakeholders, including senior leadership.

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Common Interview Questions for (USA) Director, Finance - International Tech & Product
Can you explain your experience with budgeting and forecasting in previous roles?

In responding to this question, highlight your specific experiences with budgeting and how you've successfully forecasted financial performance in previous roles. Share concrete examples where your insights led to improved financial decisions.

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How do you approach strategic financial planning in a tech-heavy environment?

Discuss how you analyze data to inform financial strategies, the importance of aligning financial plans with business objectives, and how you engage with tech teams to incorporate their insights into the planning process.

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Describe a time you had to influence stakeholders on a financial decision.

Provide a relevant scenario where you successfully influenced senior leaders or teams on a financial decision. Detail your approach, the information or data you presented, and the outcome of that decision.

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What methods do you use to assess the financial viability of new projects?

Talk about your approach to conducting thorough cost-benefit analyses and ROI assessments, and emphasize your collaboration with cross-functional teams to ensure all aspects of a project are financially sound.

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How do you ensure compliance with financial regulations?

Explain your understanding of and experience with financial compliance measures, including corporate governance standards and regulatory frameworks. Discuss how you've implemented processes to ensure compliance in previous roles.

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What is your experience in leading and developing finance teams?

Share your past leadership experiences, your approach to mentoring team members, and specific initiatives you've led to improve team capabilities and performance within the finance domain.

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Can you provide an example of how you've optimized costs in a previous position?

Describe a specific instance where your analysis of cost structures led to significant savings or efficiencies. Detail your strategy and the impact it had on the overall business.

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How do you manage financial risks associated with technology projects?

Discuss proactive strategies you employ to identify and mitigate financial risks in tech initiatives, including thorough risk assessments, regular monitoring, and collaborating with project teams.

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What tools or software do you prefer for financial analysis?

Mention specific financial software or tools you are proficient with for data analysis, forecasting, and reporting, explaining how they have enhanced your previous work processes.

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How would you define success in the Director, Finance - International Tech & Product role?

Define success as achieving financial goals while maintaining a healthy balance between innovation and cost-effectiveness. Also, emphasize the importance of collaboration with tech and product teams to meet customer needs efficiently.

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DATE POSTED
December 9, 2024

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