Opportunity:
Walmart is seeking a Director, Corporate Development/M&A, Ecomm reporting directly to the Global Head of Corporate Development.
The position offers the opportunity to join Walmart’s Corporate Development team, which leads the evaluation and execution of all elements of Walmart’s inorganic growth. The Corporate Development team is responsible for all equity-related transactions, including acquisitions, strategic investments, joint ventures, and other forms of structured partnerships.
As a Director, Corporate Development you will partner with senior leaders across all business units and geographies throughout the Walmart organization, including Walmart eCommerce, Walmart US, Sam’s Club, and Walmart International, to develop M&A strategy and identify, assess, and execute acquisitions and investments.
You will be the “deal lead” for all elements of the M&A process, including closely engaging with senior leaders across various Walmart businesses and functions and many other stakeholders and participants both internally and externally. You will be a central leader in driving a key area of strategic growth for Walmart.
Job Responsibilities:
Partner with other members of Walmart’s Corporate Development/Mergers and Acquisitions team to evaluate and execute acquisitions, strategic investments, joint ventures, and other equity-related transactions across all of Walmart’s geographies and businesses, including Walmart eCommerce, Walmart US, Sam’s Club and Walmart International
Collaborate with business partners across Walmart to develop M&A strategy, identify and assess potential acquisition/investment candidates, and drive influence throughout the business units
Lead all transaction-related financial modeling and valuation and analyzes and recommends optimal transaction structures
Create presentations that outline strategic tradeoffs and drive executive decision making
Lead due diligence activities related to domestic and international M&A projects across multiple, cross-functional teams
Mentor and support junior deal team members who assist with sourcing/market research, financial modeling, and diligence
Cultivate an environment where associates respect and adhere to company standards of integrity and ethics
Desired Skills
End-to-end execution and management of complex, multi-faceted deals
Ability to influence and communicate effectively across all levels and teams across the organization
Strong analytical skills, fluency in performing rigorous financial, valuation and broad quantitative analyses and familiarity with accounting, financial and operational metrics
Strategic thinker
Excellent communication, judgment, maturity, and experience working with executives
Team player, pro-active and action oriented, anticipates needs, is assertive, and is highly accountable
Requirements
About 10+ years of experience in corporate finance roles including but not limited to Corporate Development, Private Equity/Venture Capital, or Investment Banking
Undergraduate or Graduate degree – MBA preferred
Experience in a leading and negotiating deals and leading deal teams
Demonstrated success in prior roles in their career
The above information has been designed to indicate the general nature and level of work performed in the role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The full Job Description can be made available as part of the hiring process.
Walmart, Inc. is an Equal Opportunity 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 diversity- 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.
Minimum Qualifications: Bachelor's degree in Finance, Accounting, Economics, International Business, or a related field and 5 years’ experience in finance, accounting, or a related area OR 7 years’ experience in finance, accounting, or a related area. 1 year’s supervisory experience.
Preferred Qualifications...
Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Project ManagementMasters
Bentonville, AR
Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It also owns and operates Sam's Club retail warehouses. As of April 30, 2019, Walmart has 11,368 stores and clubs in 27 countries, operating under 55 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India. It has wholly owned operations in Argentina, Chile, Canada, and South Africa. Since August 2018, Walmart only holds a minority stake in Walmart Brasil, with 20% of the company's shares, and private equity firm Advent International holding 80% ownership of the company.
Walmart is the world's largest company by revenue—over US$500 billion, according to Fortune Global 500 list in 2018—as well as the largest private employer in the world with 2.2 million employees. It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through their holding company, Walton Enterprises, and through their individual holdings. Walmart was the largest U.S. grocery retailer in 2019, and 65 percent of Walmart's US$510.329 billion sales came from U.S. operations.
The company was listed on the New York Stock Exchange in 1972. By 1988, Walmart was the most profitable retailer in the U.S., and by October 1989, it had become the largest in terms of revenue. Originally geographically limited to the South and lower Midwest, by the early 1990s, the company had stores from coast to coast: Sam's Club opened in New Jersey in November 1989 and the first California outlet opened in Lancaster in July 1990. A Walmart in York, Pennsylvania opened in October 1990: the first main store in the Northeast.
Walmart's investments outside North America have seen mixed results: its operations and subsidiaries in the United Kingdom, South America, and China are highly successful, whereas its ventures in Germany and South Korea failed.