What are the responsibilities and job description for the Sr Manager, External Reporting and Accounting Policy position at Lowes?
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Your Impact
The primary purpose of this role is to lead a team responsible for accurately processing and reviewing financial activities to enable complete and accurate internal and external reporting on a monthly, quarterly, and annual basis. This includes responsibility for leading others to conduct effective research, managing, tracking, reporting, and reviewing work (first and/or second) for financial activities to ensure accounting records are correct. In addition, this role leads to support for the execution and design of internal controls over financial and regulatory reporting, by working independently to apply and provide experienced accounting judgment and advanced knowledge of GAAP and regulatory requirements. The Senior Manager will identify and lead opportunities to partner with the business and other finance functions to drive and manage efforts to improve both internal finance and cross-functional capabilities. In addition, the Senior Manager will fully understand and articulate both bi-directionally within the team as well as through senior leadership regarding their area of responsibility.
What you will do
Responsible for reviewing/preparing the Company’s quarterly and annual filings with the Securities and Exchange Commission (SEC), including but not limited to, filings on Form 10-K, Form 10-Q and Form 11-K.
Review and evaluate accuracy of XBRL within the Company’s SEC filings.
Partners closely with Investor Relations and Legal teams to ensure alignment on external financial reporting and messaging and assist in preparation of quarterly earnings materials.
Research, document, and implement new accounting pronouncements, as well as technical accounting issues presented by the business, and ensure compliance with U.S. GAAP.
Responsible for financial activities of the team that require the application of advanced knowledge of moderate to highly complex systems, business processes and GAAP principles to business scenarios.
Ensures the team prepares, evaluates and reviews operational and financial information to ensure accuracy of financial reporting.
Performs and reviews analyses (i.e., historical, forecasting, impact, etc) and reconciliations from the team to support monthly, quarterly, and annual closing cycles as prescribed by regulatory and compliance entities, including all equity-related accounting and calculation of basic and diluted earnings per share.
Leads projects/initiatives and participates in cross-functional teams to deliver business value, while balancing accounting responsibilities and controls.
Communicates effectively (verbal and written) within the team, cross-functionally with senior leaders and with external parties to resolve audit questions and issues.
Partners with the team and the business to improve processes to remove friction for the organization.
Leads, trains, coach leaders in the development of accounting, analytical and business partnership skills.
Works with external (regulatory and third party) and independent auditors to resolve complex issues.
Leads testing around financial controls to provide documentation and support for SOX compliance for their respective area.
Responsible for selecting, hiring, and developing talent to ensure a productive and engaged workforce.
Leads effective teams and leads through others to hire, coach, train and develop to ensure a talented, productive, and engaged workforce.
Creates and leads others to ensure an inclusive environment across the organization to foster diverse ideas and perspectives.
Required Qualifications
Bachelor's Degree Accounting/Business Administration or related area
8-10 years' experience in accounting, tax, finance (public accounting or industry) or relevant experience; demonstrated ability to lead and manage cross functional effort.
Experience leading a team and/or supervising others with direct or indirect reports.
Demonstrated experience working with senior leadership in prior accounting or finance related function.
Advanced skills in MS office programs (Excel); preferred prior experience with data analytics tools, process improvement and complex accounting topics
3-5 years' experience leading a team, managing/reviewing the work of others, and leading without authority.
Preferred Qualifications
Master's Degree MBA, or degree in related area
Demonstrated, progressive Lowe's accounting or finance experience and cross-functional leadership.
Certified Public Accountant (CPA) or CPA Candidate
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.
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.
