Finance Manager, Merchandising Finance

Finance Manager, Merchandising Finance

Job Summary:

The primary purpose of this role is to partner with complex and highly visible areas of the business and/or work in support of initiatives aligned with the Company's strategy and focus areas. This is accomplished by cross-functional collaboration to convert complex business plans into quarterly forecasts, annual budgets, and long-range plans; develop and maintain scorecards; develop business cases; and provide proactive analysis, insights, and recommendations to optimize business performance. 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 by leveraging talent across Finance and other business areas. The Manager Finance should also possess the ability to influence and interact with senior leaders at the Company.

Key Responsibilities:

• Develops Senior Specialist, Analyst, and Senior Analyst talent by managing and prioritizing day-to-day workload and direction; reviewing work output and providing feedback; coaching and mentoring on strengths and opportunities.
• 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 Qualifications:

• Bachelor's Degree in Business, Accounting, Finance, Economics or related field
• 6+ years of experience in finance or analytical role in public company and accounting
• 1+ year 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 Qualifications:

• Master's 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 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.