Innovate in Bengaluru
This position is based at our on-site office in Bengaluru. Lowe's offers an ultramodern work environment, complete with cutting-edge technology, collaborative workspaces, an on-site gym and clinic, and other perks to enhance your work experience.
About Lowe's
Lowe's is a FORTUNE 100 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 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, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com
Lowe's India, the Global Capability Center of Lowe's Companies Inc., is a hub for driving our technology, business, analytics, and shared services strategy. Based in Bengaluru with over 4,500 associates, it powers innovations across omnichannel retail, AI/ML, enterprise architecture, supply chain, and customer experience. From supporting and launching homegrown solutions to fostering innovation through its Catalyze platform, Lowe's India plays a pivotal role in transforming home improvement retail while upholding strong commitment to social impact and sustainability. For more information, visit Lowes India
About The Team
The Retail Controllership organization is a global (US & India) based team focused on primarily accounting within the order to cash and procure to pay business functions. Specific areas of responsibility for this organization are as follows: Revenue, Inventory, Vendor Income, Supply Chain Accounting, Accounts Payable and Import Accounting areas. The organization is a blend of technical accounting, operational accounting, process design and improvement and automation/reporting.
Job Summary
The primary purpose of this role is to provide leadership, support and oversight for the Retail Controllership Accounting function, which includes revenue and inventory accounting, accounts payable, vendor income, freight payables, customer payment accounting and supply chain accounting. This includes responsibility for understanding US GAAP, internal control design and execution, and designing, producing and explaining financial and operational reporting and analyses to all levels of management. This role is engaged in cross-functional initiatives and efforts across the organization. The primary internal customer is the Merchandising organization but also interacts with a wide variety of internal and external parties to support the achievement of corporate goals.
Roles & Responsibilities
Core Responsibilities:
- Provides leadership to the business unit accounting support functions and leverages specialized knowledge to identify and mitigate risks, leading to timely and accurate accounting transactions and financial reporting
- Leads by example and fosters an environment of continual process improvement, cost productivity, automation and leveraging AI to deliver value
- Supports the evolution and maturation of the global accounting operation, specifically driving functional ownership and accountability within the teams
- Takes ownership of problem-solving opportunities, while driving root cause resolution and risk mitigation
- Builds high-performing teams by developing and acquiring talented accounting professionals
- Develops and maintains relationships to influence strategic and business decisions
- Leads and develops the team to ensure accounting best practices are implemented and followed, financial results are accurately recorded, reported and analyzed to identify insights for decision making
Years Of Experience
- Minimum 10 Years of experience in an Accounting or Financial reporting role
- Minimum 5 Years of leadership experience handling direct reportees and large teams
- 5+ years of experience working closely with Senior Leadership (VP and above)
Education Qualification & Certifications
Required Minimum Qualifications
- Bachelor's degree in accounting, Commerce or Finance (Required)
- Master's degree (MBA) (Preferred)
Licenses/Certification
Skill Set Required
Must Haves
- Procure to pay
- Order to cash
- Accounts payables
- Revenue & inventory accounting
- Experienced in US GAAP
- Prior experience in automation, process improvements
Good to Haves
- Experienced in AI
- Program management
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.
