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Finance Manager, Tech Finance
Your Impact :
We are seeking a driven and dynamic Finance Manager to support the Information Technology organization at Lowe’s. Technology is an ever-changing landscape and an area that Lowe’s is highly invested in and dependent upon to deliver its Enterprise goals now and moving forward.
The Finance Manager will play a critical role in the success of this evolving space.
This role will provide crucial financial leadership and strategic support to our Chief Information Officer. You’ll collaborate with Technology leadership and various enterprise functions to analyze technology consumption trends, generate actionable insights, and optimize the total cost of ownership.
Your expertise will drive actions that enhance operational margins and improve overall efficiency.
What You Will Do :
Primary purpose and responsibilities of the Finance Manager, Technology Finance include :
Business Partnership : This role is business facing and the candidate must have the ability to influence and interact with senior leaders across the company, building and maintaining rapport with the senior leaders and their teams.
The candidate will be the financial subject matter expert (SME) and right hand person’ to senior leadership within Technology.
Along with relationship building the role will require cross-functional collaboration, spanning across the different Finance functions along with numerous business units in support of their Technology partners, to convert complex business plans into quarterly forecasts, annual budgets, and long-range plans (2-3 years)
- Expense Planning and Forecasting : Work with Tech leaders to develop annual budgets and multi-year outlooks.
- Expense Management : Manage all software and hardware tech spend within budget, working with tech teams to review spend vs.
plan and address any issues that are causing expenses to vary from plan. Publish monthly dashboards for review with senior leadership teams
Expense Optimization : Work with tech product and operations teams to identify potential optimizations and application rationalization opportunities that will improve cost efficiency, develop plans to implement those optimizations and manage those plans to ensure that the desired business optimizations are delivered to the business on schedule.
Publish monthly productivity status report for distribution to CIO / SLT and Productivity Office.
Monthly Close Process : Oversee the monthly close activities related to the effective management of licensing and maintenance agreements, including processing of journal entry accruals, providing commentary of actual vs.
budget performance, and publishing performance dashboards for review with Tech leadership teams. Facilitate monthly meetings with Accounting to evaluate GAAP treatment of large / enterprise agreements.
Key Skills :
- Business Partnership : Demonstrated capability in partnering with various organizations with a business to collaboratively achieve enterprise goals
- Technical Astuteness : have strong knowledge of financial and business analytics principles, and the ability to leverage a matrixed environment to manage projects and analyses to completion by leveraging talent across Finance and other business areas.
- Organizational Agility : Interactions required with executives, peers, vendors, and Business Unit teams, product development, operations, procurement, and finance
- Process Improvement : Proactive identification of issues and opportunities related to technology expense management across a wide range of systems and layers of technology
- Metrics-based Management : Collaborate with business units and other groups to define, measure, and track key metrics and develop action plans for ensuring that we meet OKR
Required Qualifications :
- Bachelor’s Degree in Business, Finance, Accounting or related field
- 5+ years of experience in finance or analytical role
- 2+ years of experience in strategic and financial modeling
- Experience with Microsoft Office tools (e.g., Word, PowerPoint, Excel)
Preferred Qualifications :
- Master’s Degree in Business, Finance, Accounting or related field
- CPA, CFA and / or CMA Certification
- 3+ years of Experience in financial analysis, accounting, financial modeling and strategy consulting for business
- Ability to learn company’s in-house financial systems (TM1, PeopleSoft, Apptio)
- Preference toward those candidates who have partnered with Technology in a Finance role or led technology efforts
- Experience performing advanced data modeling, data mining and exploratory data analysis (e.g., linear / logistic regression, ARIMA, Cluster Analysis)
- Experience leading cross-functionally on enterprise initiatives
- Experience working in a big box / large retailer
- Experience working at a Fortune 500 company
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.
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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.
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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