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Senior Manager Accounting
2 months ago
Your Impact
The principal purpose of the Sr. Manager Accounting - Margin & Cost Accounting is to lead a team responsible vendor funding related transactions to enable accurate financial and management reporting. This includes responsibility for managing and reviewing work for financial activities to ensure accounting records are correct, as well as performing work first-hand for certain, more complex financials activities. This role is also responsible for planning and forecasting certain financial lines within margin.
This role will also serve as a primary representative for the accounting team in discussions around certain initiatives as well as a key contact for questions around margin related items within financial and management reporting. To be effective in this role, the candidate should be able to work across a variety of functions to resolve issues and provide solutions, with a focus on maintaining accuracy and transparency in financial reporting.
What You Will Do
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Leads a group of individuals responsible for the timely and accurate processing of financial activities that require the application of technical accounting knowledge specific to their respective area.
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Manages and often performs complex analysis (ie, historical, forecasting, impact, etc.) and timely reconciliations to support monthly, quarterly and annual closing cycles;
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Provides the necessary training, work product review, and development opportunities for the team to build accounting skillset and knowledge and to ensure accuracy of financial reporting and analysis;
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Fosters collaborative, cross-functional relationships; delivers on customer and business needs by translating business needs into tactical action items; communicates effectively within the team and across other functions to ensure alignment and drive issue resolution; identifies opportunities for process improvement and additional transparency/business insights;
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Prepares and/or reviews analyses included in the Company's financial reporting analysis packages and presents the content of these analyses in management review meetings;
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Serves as a general subject matter expert when questions arise regarding the proper accounting treatment for various transactions;
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Works with internal and external auditors for transactions to provide required data and information to ensure accuracy;
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Designs and oversees testing around financial controls to support SOX compliance for respective financial area.
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Bachelor's Degree Accounting or related field
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7 years leading a team within an accounting function within a player/coach environment
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Either prior retail accounting or public accounting with exposure to retail
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Demonstrated experience working cross-functionally
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Master's Degree
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MBA or Certified Public Accountant
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Prior experience with vendor income, accounts payable or revenue accounting
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 2023 sales of more than $86 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 and helping to develop the next generation of skilled trade experts. 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.