Lowe’s Looking for Finance Manager, Division Stores Finance (South) at Mooresville Full Time

Finance Manager, Division Stores Finance (South)

Job Summary:

The primary purpose of this role is to serve as financial leader for field team members by driving day-to day-operations of the regional business and clearly communicating financial performance and opportunities on a consistent basis. Also, the Finance Manager will need to provide total P&L and capital budget management for the regional business, along with best-in-class customer service related to financial inquiries from field team members on an ad-hoc basis. Lastly, the Finance Manager will lead the creation of fair and achievable financial targets for stores within the region, and strive to deliver accurate sales forecasts in order to appropriately leverage our payroll expense.

Key Responsibilities

• On Monday mornings, summarize weekly results and identify key drivers of performance for Regional Vice President (RVP), regional team members, and divisional financial leadership

• Be an active participant on Monday RVP leadership calls

• Communicate the short-term forecast: headwinds, tailwinds, promotional activity, weather impacts, and staffing concerns to the regional and district teams

• Identify and communicate sales outliers for the previous week, or period to date performance (e.g. specific PG, district, store outliers), as well as possible reasons for the differentiation in performance

• Identify concerns regarding operational performance: shrink, price adjustments, staffing, and customer service

• Participate in regional store walks, regional business reviews and alignment meetings

• Spend approximately one week a month in the field walking with the regional team, district teams, or store managers

• Provide financial insights and implications for operational initiatives and merchandising strategies during store walks

• Lead financial portion(s) of quarterly business reviews with field teams, identifying outliers and opportunities for improvement in the business

• Manage complete regional P&L and provide insight into drivers on a monthly basis

• Manage regional capital budget

• Provide prompt and concise responses to requests and inquiries from field teams and SSC leadership

• Create fair and achievable sales targets on a bi-annual basis

• Leverage regional knowledge to create attainable plans at the store level for: sales, margin, and inventory

• Understand and communicate method used to create store level plans for all SCOP lines. Review stores for inconsistencies in planning and work with finance partners in Central to make them aware of any considerations to take into account

• Provide an accurate regional weekly forecast at the district/store level

Required Qualifications:

• Bachelors Degree in Business, Accounting, Finance, Economics or related field

• 6 years experience in finance or analytical role in public company and accounting

• 1 year 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 Qualifications:

• Masters Degree in Business, Accounting, Finance, Economics or related field

• Experience leading people directly or indirectly

• Experience developing and managing operational initiatives to deliver results

• Experience managing implementation of mid-size projects, programs or processes

• Experience working in a big box/large retailer

• Experience working at a Fortune 500 company

• CPA, CFA, CMA certification

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 ~~~.