Finance Manager
Finance Manager
Job Summary:
The principal purpose of this role is to partner with key business units (Real Estate, Strategy, Merchandising and Store Operations) to drive value creation through financial leadership and modeling for real estate and other business opportunities. Examples include evaluation of new store opportunities, lease renewal negotiations and ad hoc financial analyses, including mergers and acquisitions, as required by the business partners. The position is responsible for developing financial models, insights, analytics, measurement plans and functional scorecards. The role has visibility to VPs and SVPs throughout the organization.
The Manager Finance is responsible for acting as a subject matter expert and thought leader on their respective team, as well as taking on the responsibility of mentoring and developing junior team members. To do this, the Manager Finance must have strong knowledge of financial and business analytics principles, and the ability to leverage a matrixed environment to manage projects and analyses to completion. The Manager Finance should also possess the ability to influence and interact with senior leaders at the Company.
Responsibilities Include:
- Acts as a subject matter expert (SME) and thought leader on respective team.
- Facilitates the financial forecasting and planning processes with functional partners and business units that result in quarterly forecast updates, annual plans, and long-range plans (2-3 years).
- Collaborates across the business to provide root cause analysis and actionable insights based on financial and non-financial data to functional partners and business units.
- Communicates financial and non-financial analysis and insights to leaders by preparing analyses through leveraging multiple data sources; identifying complete, consistent, and actionable insights & recommendations; translating insights into clear, understandable themes.
- Completes work assignments by applying up-to-date expertise in subject area; leveraging an understanding of policies, data, and resources to support projects or initiatives; collaborating cross-functionally to solve business problems; identifying, recommending, and implementing ways to address improvement opportunities.
- Develops business cases for key initiatives and major programs by creating robust financial models tied to a program’s (or initiative’s) strategic narrative; identifying risks to the organization and engaging the business owner in risk mitigation and trade-off conversations; identifying and measuring key trigger points (metrics) that will provide business insight into an initiative’s success (leading and final indicators).
Required Education/Experience:
- Bachelor's Degree in Business, Accounting, Finance, Economics, or related field
- 6+ years of experience in a finance or analytical role in public company or accounting
- 1+ years of experience with financial forecasting or analytical modeling
- Experience in structuring and writing formal documents, developing and delivering group presentations, project planning, and/or cross-functional collaboration
- Previous experience in FP&A, Corporate Finance or Corporate Accounting
- Experience with Microsoft Office tools (e.g., Word, PowerPoint, Excel)
Preferred Education/Experience:
- Master’s Degree in Business, Accounting, Finance, Economics, or related field
- CPA, CFA or CMA Certification
- Experience with Enterprise Resource Planning (ERP) based systems, multi-dimensional databases, such as TM1, Hyperion or Essbase
- Exceptional analytical skills and financial modeling skills
- Experience leading people directly or indirectly
- Experience managing implementation of mid-size projects, programs or processes
- Experience with various income, market and cost valuation approaches
About Lowe’s
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated in the U.S., where 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.
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EEO Statement
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 for CA, CO, NJ, NY, WA: $78,800.00 - $131,300.00 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.
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