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Lowe’s Summer Internship Program Overview
Lowe’s 2024 Summer Internship Program offers a challenging, project-based opportunity for undergraduate and graduate students to enhance their understanding of the retail business world through valuable, hands-on experience with a FORTUNE® 50 company. The internship will provide broad learning, experience, organizational knowledge, and business acumen. We are looking for:
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Students driven by potential
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Dynamic individuals who are as inspiring as they are capable of being inspired
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Sharp minds eager to take on new challenges and able to recognize and embrace new opportunities
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Great collaborators who understand the power of “we”
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People who push the boundaries of what’s possible
The summer internship program begins with orientation on May 20th and concludes on August 2nd . All internships are paid opportunities. This role has potential for conversion into the full-time Corporate Finance Development Program for those that successfully complete their internship and required education. And qualified interns will be eligible for Lowe’s housing benefit.
Areas of Learning
Store Operations
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This area serves as the primary Finance partner for specific regions within the US Home Improvement business unit as well as a financial steward in the organization by partnering with store leadership to optimize the financial outcomes of decisions
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Provide general analysis and decision support within the Store Operations team
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Exposure to financial forecasting and planning processes that result in quarterly forecast updates, annual plans, and long-range plans
Merchandise Finance
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Analyze merchandising initiatives and their impact on the P&L with a focus on Sales, Gross Margin, and Inventory
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Exposure to projects that may include Product Line Reviews, Forecasting and Planning Processes and/or Vendor Forum preparation
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Partner cross functionally across Finance, Merchandising and Inventory teams
Supply Chain Finance
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Analyze operational impacts to financial performance and assist in updating Supply Chain executive reporting
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Building financial valuations for long term supply chain capital investments
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Gain understanding of a Global complex Supply Chain operation
Tech & Online Finance
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Enable better decision making and investment prioritization within the Technology and Digital Commerce organizations through providing timely, meaningful analysis on business performance
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Provide analysis, insights and reporting that help provide visibility into the Total cost of ownership for technology products and evaluate the business value being delivered by new Tech capabilities
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Evaluate financial performance by analyzing sales and margin trends and key performance indicators (traffic, conversion, average order value) in order to drive digital commerce growth
Shared Services Finance
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Perform financial analyses and provide decision support to the global General Admin (GA) functions including Finance, Human Resources and Legal to optimize their operating costs
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Monitor financial trends, perform risk opportunity analysis, and contribute to the generation of regular business performance reports to Senior management
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Gain general knowledge of the process and support the team in developing schedules and templates to help with reporting and analysis
Financial & Credit Services
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Conduct research and analysis to identify industry trends and best practices in driving in-store credit execution and customer satisfaction for our credit programs
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Assist in program development by developing and validating business cases as well as identify areas of opportunity
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Leverage customer feedback, business insights, and disciplined analytical approach to drive continuous improvement, optimize customer satisfaction, and maximize financial performance of Lowe’s Private Label Credit program
Corporate FP&A
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Gain exposure to key FP&A processes, including Annual Operating Plan, Long Range Plan, forecast and quarterly earnings release analysis
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Facilitate the financial governance processes such as capital allocation and initiative management
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Assist in the development of executive reporting and insights by communicating the key drivers of performance to executive leadership team
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Analyze macroeconomic indicators, industry insights, customer data and financial results to help identify actionable insights and recommendations, translating insights into clear visualizations
Education and/or Experience:
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Pursuing a Bachelor’s degree in Finance with an expected graduation date of December 2024 or May 2025
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Minimum 3.0 cumulative GPA is required
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Proficient in MS Office Programs (specifically Word, Excel, and Power Point)
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Strong collaborative, innovative, problem solving, organizational, and communication skills are required
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Relevant internship and experience is a plus, as is experience in a leadership position at work or within a campus organization
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 ~~~.
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 ~~~.
