Your Impact
The primary purpose of this role is to process and review inventory-related transactions and resolve issues in inventory accounting records to enable accurate reporting on a monthly, quarterly, and annual basis. This includes responsibility for conducting effective research, as well as managing, tracking, reporting, and reviewing work on financial activities to ensure accounting records are correct. In addition, this role executes internal controls over financial reporting by working independently to apply experienced accounting judgment and knowledge of GAAP in daily activities. This role also assists in preparing analysis around the Company's inventory and margin results.
What You Will Do
- Execute financial activities in a timely and efficient manner, with a focus on activities that require applying practiced knowledge of moderately complex systems, business processes, and GAAP principles to unique situations
- Prepare and evaluate reports to ensure accuracy of financial reporting and analysis
- Perform analysis (i.e. historical, forecasting, impact, etc.) and reconciliations to support monthly, quarterly and annual closing cycles according to prescribed rates, laws, and regulations
- Review reports, analysis and reconciliations prepared by Accountants to ensure the accuracy of financial reporting and analysis
- Research various financial activities to identify moderately complex issues, explaining findings to principal accountants, managers, and directors to determine resolution
- Manage small projects/initiatives and/or participates in broader projects, working with and directing teams within a finance function to deliver the best solutions to financial issues
- Maintain appropriate supporting documents, provisions, and other details for accounting transactions and entries
- Communicate effectively within the team, across other functions, and with external parties to ensure alignment
- Partner with team and the business in order to identify transaction issues and procedure improvement opportunities to more-effectively support the needs of the Finance organization
- At times may mentor and train accountants in the development of moderately complex skills, knowledge of key principles, regulations, etc.
- Work with external (regulatory and third party) and independent auditors for transactions and alignment to provide required data and information to ensure accuracy
- Execute testing around financial controls to provide documentation and support for SOX compliance in respective financial area
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Required Qualifications:
- Bachelor's Degree Business, Finance, Economics, Accounting or related field
- 4 years' experience in accounting, tax, finance (public or private) or relevant experience
- Demonstrated understanding of intermediate GAAP concepts and financial controls (to apply this knowledge to the design and execution of activities within the respective area)
- Advanced skills in MS office programs (Excel, Word, Access)
Preferred Qualifications:
- Master's Degree Business, Finance, Economics, Accounting or related field
- Lowe's accounting or finance experience
- Certified Public Accountant (CPA) CPA or CPA candidate
About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.
Lowe's is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.
Pay Range: $72,400.00 - $120,900.00 annually Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.