Job Description

Position Summary...

As the Sr. Manager of Accounting and Audit, you will play a critical role in ensuring the financial integrity and regulatory compliance of Walmart’s employee benefits plans. This leadership position offers the opportunity to oversee significant financial reporting and auditing operations, while collaborating with key stakeholders to support the wellbeing of over 1.6 million associates and their families.

About Walmart Benefits

At Walmart, we are dedicated to enhancing the lives of our associates and their families through comprehensive programs focused on their physical, mental, and financial wellbeing. The Senior Manager of Accounting and Audit is pivotal in managing the financial and compliance aspects of our benefits plans, contributing significantly to Walmart's goal of providing an exceptional associate experience.

What you'll do...

• Ensure Compliance with ERISA Regulations: Oversee adherence to ERISA requirements, including timely filing of Form 5500, maintaining fiduciary responsibility, and ensuring plan operations align with DOL and IRS regulations.
• Oversee Financial Reporting and Auditing: Manage the preparation of accurate financial statements for the plan, coordinating annual audits, and ensuring compliance with GAAP and ERISA-specific reporting standards.
• Monitor Plan Funding and Expenses: Supervise the accounting of contributions, benefits payments, and administrative expenses, ensuring proper allocation of funds and maintaining the plan's financial integrity.
• Manage Internal Controls and Risk: Develop and enforce robust internal controls to safeguard plan assets, mitigating fraud risks, ensuring accurate recordkeeping, and addressing audit findings by implementing corrective actions.
• Communicate with Stakeholders and Vendors: Act as the primary point of contact for auditors, actuaries, corporate accountants, finance managers, and third-party administrators, ensuring clear communication and alignment on plan objectives, financial performance, and compliance requirements.
• Lead and Develop a Team of Professionals: Oversee and manage a team of accounting and audit professionals, setting goals, tracking performance, providing feedback, and fostering professional development opportunities.

What You’ll Bring

• Deep Knowledge of ERISA and Regulatory Compliance: Extensive experience with ERISA regulations, DOL and IRS requirements, and Form 5500 filings to ensure the plan's compliance and avoid penalties. Familiarity with fiduciary responsibilities and trust accounting is essential.
• Advanced Financial and Audit Expertise: Strong background in financial reporting under GAAP, managing audits, and implementing internal controls specific to benefit plans. Experience overseeing complex financial statements and resolving audit findings is crucial.
• Strong Leadership and Team Management Skills: Proven ability to lead, mentor, and develop a team of accounting and audit professionals. Skills in setting clear objectives, fostering collaboration, and managing performance to ensure high-quality deliverables under tight deadlines.
• Strategic Problem-Solving and Risk Management: Experience in identifying and mitigating financial and compliance risks, with the ability to analyze complex issues, implement corrective actions, and maintain robust controls to protect plan assets.
• Strong Interpersonal and Communication Skills: Ability to communicate effectively with auditors, finance managers, third-party administrators, and senior leadership. Proficiency in translating technical, financial, and compliance details into actionable insights for diverse stakeholders.

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 .

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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 $90,000.00-$180,000.00

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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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