Your Impact

The Senior Margin Accountant is a key member of a team responsible for the administration, tracking, accrual, and collection of vendor funds. This position will assist merchandising with Financial Process flows, analyzing non-standard purchase and sales agreements for potential GAAP issues, and provide ad hoc reporting as requested. The Senior Margin Accountant must be a team contributor with leadership qualities and be able to communicate effectively and develop relationships with various levels and departments. This position is the primary Accounting contact for the assigned Merchandising division(s) and related vendors. The Senior Margin Accountant would follow the departmental risk audit approach policies and lead quarterly (at a minimum) review meetings with Merchandising to review allowance programs and vendor funded items.  This position also entails frequent communication and interaction with the vendor community.

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

Minimum Qualifications

• Bachelor's degree in accounting or another Business-related field
• 3-5 years' experience in Accounting or Finance
• Excellent communication skills (written, verbal, and interpersonal)
• Strong analytical and problem-solving skills
• Strong computer skills (excel, access, VATS, mainframe)
• Excellent leadership skills (able to build relationships across Finance and Merchandising, as well as with vendors)
 

Preferred Skills/Education

Master’s degree Business, Finance, Economics, Accounting or related field

Lowe's accounting or finance experience

CPA or CPA candidate

About Lowe's

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company serving approximately 16 million customer transactions a week, with total fiscal year 2024 sales of more than $83 billion. Lowe’s employs approximately 300,000 associates and operates over 1,700 home improvement stores, 530 branches and 130 distribution centers. 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.