(IND) ANALYST, ACCOUNT RECEIVABLE
Walmart
0 - 3 years
Chennai
Posted: 01/05/2025
Job Description
Position Summary...
We work for Walmart Pharmacy, in Account receivable Research & Reconcile AR, match Carrier pmts to Open AR, Rebill & Refund carrier, Make Calls to insurance payor as well.Person should have US Healthcare Revenue Cycle account receivable experience.
What you'll do...
About team:
We work for Walmart Pharmacy, in Account receivable Research & Reconcile AR, match Carrier pmts to Open AR, Rebill & Refund carrier, Make Calls to insurance payor as well.
Person should have US Healthcare Revenue Cycle account receivable experience.
What will you do:
Demonstrates uptodate expertise and applies this to the development execution and improvement of action plans by providing expert advice and guidance to others in the application of information and best practices supporting and aligning efforts to meet customer and business needs and building commitment for perspectives and rationales
Provides and supports the implementation of business solutions by building relationships and partnerships with key stakeholders identifying business needs determining and carrying out necessary processes and practices monitoring progress and results recognizing and capitalizing on improvement opportunities and adapting to competing demands organizational changes and new responsibilities
Models compliance with company policies and procedures and supports company mission values and standards of ethics and integrity by incorporating these into the development and implementation of business plans using the Open Door Policy and demonstrating and assisting others with how to apply these in executing business processes and practices
Accounts Receivable
What will you bring:
Requires knowledge of
Regulatory framework for financial reporting Relevant accounting standards Differences between national and international financial reporting standards Types of business transactions and events Types of business documentation Organizations financial reporting framework Accounting standards and requirements
To input the required data accurately into the organizations updated accounting systems Ensure all transactions follow the new requirements under the regulatory frameworks Maintain awareness of the changes in accounting standards and ensures execution of transactions is aligned to accounting standards Record business transactions and events timely and accurately Verify data recorded for business transactions and events Record transactions and events related to sales purchases receivables payables and cash Record transactions related to inventories accruals and prepayments
Data Management
Requires knowledge of
Understanding of users data consumption data needs and business implications Master data data hierarchies and connections to transactional data Business technical process and operational data architecture standards definitions and repositories Regulatory and ethical requirements and policies around data privacy security storage retention and documentation
To support data management solutions and revises data rules under the guidance of others Documents changes and revisions to data sources and data hierarchies under the guidance of others Queries reports and analyzes data Supports new data sources and metadata integration for example extract reports from Workday
Governance Control
Requires knowledge of
SOX controls framework CIS documents and certification process FMEA analysis review and periodic updates Internal financial controls framework Various risks and respective risk assessment frameworks Processes and process design Financial policies internal and regulatory Tax Transfer Pricing guidelines international regulatory guidelines Fraud detection frameworks regarding siphoning of funds AML leakage etc Organizational master data management controls for Finance
To demonstrate awareness knowledge application of governance and controls guidelines Assist in collecting business data to evaluate effective adherence to internal controls and governance guidelines Understand the implication of deviation and highlight potential risks
Operational Excellence
Requires knowledge of
Organizational Processes Operating Requirements Root Cause Analysis techniques Department Workflows Standard Operating Procedures and service standards
To identify the primary operational functions of the organization Lists common tasks and activities performed by operations functions and subfunctions Understands where to locate and how to interpret and categorize ticketscases read SOP information Describes the interdependence of cross functional teams and operating functions Locates information regarding fundamental practices and policies
Service Excellence
Requires knowledge of
Relevant Knowledge Articles Service process and procedures Stakeholder Management
To coordinate and manage service issues demonstrate quality service delivery for all stakeholder requests and expectations while focusing on enhancing service experience Understand key metrics scorecards like time quality etc that relates to efficient delivery and closure of transactions Demonstrates an understanding of the underlying concepts and values of a service organization participate and facilitate discussions on key KPIs productivity measuresservice levels for the team Generate potential innovativeimprovement ideas within area of responsibility to transform stakeholder experience and improve productivity measures
Finance Accounting
Requires knowledge of
Relevant financial and business management terminology metrics key performance indicators and drivers of creating shareholder value Financial Statement Analysis Correlation between Balance Sheet PL and Cash Flow statements EBITDA Contribution Profit and how they impact each other Accounting Planning Forecasting GAAP forecast vs plan accounting controls overheads managerial statutory accounting and common areas of complexity within finance for example currency lease accounting SGA vs COGS working capital GMV vs Sales Principles of Investments Cash flow valuations portfolio view Cost management techniques eg activitybased costing Theory of Constraints resource consumption accounting Industry specific trends best practices in finance Financial challenges and issues due to environmental industry and economic factors and how they affect strategy organizational plans and stakeholders
To demonstrate awareness knowledge application of the professional accounting standards to support entities operational and financial requirements Identify basic cost classifications eg fixed variable direct indirect and their use for financial reporting and inventory valuation Apply accounting principles to accurately record financial transactions and maintain appropriate supporting documentation Perform all activities within the receivables process calculate noncomplex provisions using appropriate methods identify risks of bad debts Perform all activities within the payables process Perform monthend close activities and provide accurate and timely financial submissions Reconcile subledgers to general ledger and perform other related account reconciliations evaluate accounts for legitimacy and balance substantiation Identify basic financial statements their purpose interrelationships and their elements calculate financial ratios Prepare and provide accurate and timely financial data where appropriate for inclusion in the financial control process Understand basic US Generally Accepted Accounting Principles GAAP International Financial Reporting Standards IFRS andor countryspecific reporting frameworks
Financial Acumen
Requires knowledge of
Relevant financial and business management terminology metrics key performance indicators and drivers of creating shareholder value for example WMTs purpose drivers of share price Financial Statement Analysis Accounting Planning Forecasting Principles of Investments Industry specific trends best practices in finance Financial challenges and issues due to environmental industry and economic factors and how they affect strategy organizational plans and stakeholders
To identify and define the financial metrics that impact an outcome Perform basic analyses based on direction provided to draw appropriate conclusions Effectively communicate analyses and results Understand the factors and trends related to financial performance
Financial Analysis and Reporting
Requires knowledge of
Relevant financial and business management terminology metrics key performance indicators and drivers of creating shareholder value Financial Statement Analysis Correlation between Balance Sheet PL and Cash Flow statements EBITDA Contribution Profit and how they impact each other Accounting Planning Forecasting GAAP forecast vs plan accounting controls overheads managerial statutory accounting and common areas of complexity within finance for example currency lease accounting SGA vs COGS working capital GMV vs Sales Industry specific trends best practices in finance
To perform month end close activities and provide accurate and timely financial submissions Reconcile subledgers to general ledger and perform other related account reconciliations evaluate accounts for legitimacy and balance substantiation Identify basic financial statements their purpose interrelationships and their elements calculate financial ratios Prepare and provide accurate and timely financial data where appropriate for inclusion in the financial control process Understand basic US Generally Accepted Accounting Principles GAAP International Financial Reporting Standards IFRS and or country specific reporting frameworks
About Walmart Global Tech
Imagine working in an environment where one line of code can make life easier for hundreds of millions of people. That’s what we do at Walmart Global Tech. We’re a team of software engineers, data scientists, cybersecurity expert's and service professionals within the world’s leading retailer who make an epic impact and are at the forefront of the next retail disruption. People are why we innovate, and people power our innovations. We are people-led and tech-empowered.
We train our team in the skillsets of the future and bring in experts like you to help us grow. We have roles for those chasing their first opportunity as well as those looking for the opportunity that will define their career. Here, you can kickstart a great career in tech, gain new skills and experience for virtually every industry, or leverage your expertise to innovate at scale, impact millions and reimagine the future of retail.
Flexible, hybrid work
We use a hybrid way of working with primary in office presence coupled with an optimal mix of virtual presence. We use our campuses to collaborate and be together in person, as business needs require and for development and networking opportunities. This approach helps us make quicker decisions, remove location barriers across our global team, be more flexible in our personal lives.
Benefits
Beyond our great compensation package, you can receive incentive awards for your performance. Other great perks include a host of best-in-class benefits maternity and parental leave, PTO, health benefits, and much more.
Belonging
We aim to create a culture where every associate feels valued for who they are, rooted in respect for the individual. Our goal is to foster a sense of belonging, to create opportunities for all our associates, customers and suppliers, and to be a Walmart for everyone.
At Walmart, our vision is "everyone included." By fostering a workplace culture where everyone is—and feels—included, everyone wins. Our associates and customers reflect the makeup of all 19 countries where we operate. By making Walmart a welcoming place where all people feel like they belong, we’re able to engage associates, strengthen our business, improve our ability to serve customers, and support the communities where we operate.
Equal Opportunity Employer
Walmart, Inc., is an Equal Opportunities 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 unique styles, experiences, identities, ideas and opinions – while being inclusive of all people.
Minimum Qualifications...
Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.
Option 1: Bachelor's degree in accounting, finance, information technology, business, or related area.Option 2: 1 year's experience in accounting, finance, information technology, or related area.
Option 3: Associate's degree in accounting, finance, information technology, business, or related area and 1 year's experience in accounting, finance, information technology, or related area.
Preferred Qualifications...
Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Primary Location...
Rmz Millenia Business Park, No 143, Campus 1B (1St -6Th Floor), Dr. Mgr Road, (North Veeranam Salai) Perungudi , IndiaAbout Company
Walmart is a multinational retail corporation and one of the world's largest companies by revenue. Headquartered in Bentonville, Arkansas, it operates a chain of hypermarkets, discount department stores, and grocery stores. Known for its "everyday low prices" strategy, Walmart serves millions of customers globally through its physical stores and e-commerce platforms. The company is a leader in retail innovation, supply chain management, and sustainability initiatives, offering a wide range of products including groceries, electronics, apparel, and more.
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