Assistant Controller, Corporate

Assistant Controller, Corporate

Role Overview

Position Title : Assistant Controller, Corporate

Department: Accounting

Reporting to: Head of Finance

FLSA Status: Exempt
Location: Bentonville, AR

Walton Enterprises is seeking a skilled, highly motivated, and collaborative individual to join the team as an Assistant Controller, Corporate. The ideal teammate will have demonstrated expertise in financial reporting, budgeting, shared services cost allocation, multi entity accounting, financial systems, and process improvement, along with the ability to lead complex financial initiatives and partner effectively across the organization.

About the Position

The Assistant Controller supports the Head of Finance in overseeing the financial administration and governance of Walton Enterprises' corporate entities. This role leads key components of financial reporting, enterprise budgeting, and shared-services cost and billing allocations, including the design and implementation of a new budgeting system and cost allocation process. In close partnership with Accounting, Finance, Treasury, Tax, and business leaders, the Assistant Controller safeguards the integrity of financial data and reporting, strengthens controls and governance, and drives continuous improvement across the department's processes and financial systems.

What you will do

The Assistant Controller, Corporate will lead and support the day to day financial processes that enable accurate reporting, effective budgeting, and consistent cost allocation across Walton Enterprises corporate entities. The role will work closely with Accounting, Finance, Treasury, Tax, and business leaders to manage financial operations, improve systems and processes, strengthen controls, and provide financial insights that support organizational decision making.

Responsibilities

Assist in the redesign and reimplementation of the ERP platform including the COA, Dimensions, report design and governance and the design and implementation of a new annual budgeting process to facilitate annual budget development, forecasting, reporting, and ongoing maintenance and user support.
• Redesign the shared-services cost allocation model across multiple entities, establishing methodologies that improve accuracy, transparency, consistency, and alignment with organizational objectives.
• Manage period-end close activities related to overhead allocations, intercompany billings, reconciliations, and financial statement preparation to support timely and accurate reporting.
• Maintain and enhance allocation methodologies, cost centers, and chargeback processes; evaluate opportunities to strengthen efficiency, consistency, scalability, and governance.
• Partner with Accounting, Finance, Treasury, Tax, and business leaders to develop budgets, analyze variances, support forecasts, and translate financial results into actionable insights for management decision-making.
• Prepare and review billing schedules, allocation calculations, reconciliations, supporting documentation, and ad hoc management reports.
• Serve as the primary business owner for budgeting and allocation functionality within the financial system, including configuration, testing, enhancements, user training, and ongoing optimization.
• Ensure billing and allocation processes comply with internal policies, applicable accounting standards, and established financial controls.
• Identify and implement opportunities to automate billing, budgeting, reporting, and allocation processes to improve accuracy, scalability, and operational efficiency.
• Provide technical guidance, coaching, and mentorship to team members supporting budgeting, billing, accounts payable, and other financial operations.

Who we are looking for

Skills needed

• Comprehensive knowledge of financial statement preparation, budgeting, forecasting, and financial planning processes.
• Current, practical knowledge of GAAP.
• Expertise in designing and administering shared-services models involving cost allocations, overhead billing, and intercompany transactions.
• Strong financial systems and technology acumen, including tools that support financial statement preparation, budgeting, forecasting, and reporting.
• Advanced analytical, reconciliation, financial modeling, and problem-solving skills.
• Experience with multi-entity accounting and financial reporting.
• Ability to translate complex financial information into clear, actionable business insights and present effectively to senior executives and for board presentations.
• Demonstrated success in process improvement, systems implementation, and automation.
• Strong collaboration and communication skills with finance, accounting, and operational leaders.
• Sound judgment, precision, and consistent attention to detail.
• Ability to prioritize and manage multiple workstreams in a complex, multi-entity environment.

Qualifications required for success

• Bachelor's degree in accounting or finance; candidates with a finance degree must have deep accounting experience.
• CPA or master's degree strongly preferred.
• 10-12 years of progressive accounting and finance experience.
• 3-5 years of leadership experience, including experience leading accounting or finance professionals.
• Demonstrated experience in budgeting, forecasting, financial reporting, overhead and cost allocations, intercompany accounting, and financial process improvement.
• Advanced proficiency in Excel and data analysis.
• Experience administering or supporting enterprise financial planning, budgeting, or reporting systems, such as Microsoft Business Central, Solver, Power BI, Adaptive Planning, or comparable platforms.
• Strong understanding of financial controls, accounting operations, and governance, with experience designing and implementing effective controls.
• Experience supporting multi-entity organizations with shared-services billing, cost recovery, or allocation models strongly preferred.
• Family office, investment, tax, grant, or similarly complex organizational accounting experience preferred.
• Proven ability to analyze complex financial data, build scalable financial processes, and partner effectively with business leaders on budgeting and operational decision-making.

Personal attributes that support success

• Unwavering integrity
• Sound judgment
• Demonstrated leadership
• Collaborative, hands-on leadership style; able to serve as a leader, coach, and team player
• Excellent written and verbal communication
• Intellectual curiosity
• Analytical, process-driven approach to problem-solving
• Strong organizational skills
• Professional skepticism
• Consistent attention to detail
• Comfort with complexity and ambiguity

All offers of employment are contingent on your successful completion (where permitted by state law) of a confidentiality agreement and background check. In addition, you will need to provide proper identification verifying your eligibility to work in the United States on your first day of work.

Benefits Information

Compensation commensurate with previous experience. We also offer a comprehensive and generous benefits package.

Benefits Information: We offer a comprehensive and generous benefits package which includes medical, dental, and vision insurance, a 401(k) retirement plan and paid time off.

Work Environment and Physical Demands

The physical demands and work environment described here are representative of those required to successfully perform the essential functions of this position. Qualified individuals must be able to perform the essential functions of the position, with or without reasonable accommodation. Reasonable accommodations will be made, provided they do not pose an undue hardship to the company.

Work is generally performed in a standard office or remote office environment. Duties typically require sitting for long periods; prolonged use of a computer, phone, and other standard office productivity equipment; participating in meetings, communicating by phone, video, and email; and occasional movement within the office or between meeting locations. Occasional lifting of boxes, files, or paperwork may be required. The role is not normally subject to extreme environmental conditions or unusual physical demands.

This job description is intended to describe the general nature and level of work being performed by individuals assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the role. Duties and responsibilities may change based on business needs.

About the Accounting Department

The Accounting Department provides a suite of services including accounts payable, accounts receivable, investment accounting, and grants administration. The accounting team supports the family households, Walton Enterprises, and the Walton Family Foundation.

About Walton Enterprises

Walton Enterprises supports the personal, philanthropic, and business activity for the Walton family. We are a family-led organization, supporting multiple generations of Sam and Helen Walton's family.

We value trust, mutual respect, and a workplace where every associate belongs and can do their best work. We bring together talented people with different backgrounds and viewpoints, support their growth, and empower them to contribute meaningfully.

We are an equal opportunity employer committed to a workplace that is free of discrimination and harassment of any kind. All applicants receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, veteran status, genetic information, or any other status protected by the laws or regulations in the locations where we operate.