Sr Finance Manager - Cost Optimization

Lowe’s

Sr Finance Manager - Cost Optimization

Posted 5 Hours Ago

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Mooresville NC USA

Hybrid

Senior level

Consumer Web • eCommerce • Information Technology • Retail • Software • Analytics • App development

Curiosity wanted. Innovation required.

The Role

The Sr Finance Manager - Cost Optimization leads financial analysts partners with business leaders manages strategic financial planning and supports decision-making through financial insights and recommendations to enhance value creation.

Summary Generated by Built In

Do your Best Work in Mooresville
This position is based at our headquarters in Mooresville North Carolina. Our corporate office is a space where you can collaborate and do your best work. Take a walk grab a bite (or a cup of coffee) work out or get a check-up - we invest in you so you can find your inspiration.
Your Impact
The principle purpose of this role is to partner with business leaders (US Home Improvement Central Dispatch Office Allied Businesses and Shared Services) to drive value creation through financial and business leadership from strategy development through execution in order to identify prospective markets and potential opportunities. This includes responsibility for supporting business unit and enterprise scenario planning by developing long-range scenario models and recommending and executing measurement plans analytics and coordinated functional scorecard
What You Will Do

Manages a team of financial analysts who will provide functional support to business units ensuring financial best practices are implemented and followed reported and analyzed to identify insights for decision making
Leverages the Financial Centers of Expertise to provide financial insights to aid in decision making identification of financial risks and opportunities and analysis of performance drivers.
Partners with senior leadership (SVPs & VPs) in the business functional areas to provide financial insights recommendations and best practices to help the company make effective resource allocation decisions.
Prepares and communicates certain deliverables to senior management and the Board of Directors relating to the portfolio guardrails long-range plan and annual operating plan linking strategy and intent to financial outcomes and measures of success.
Researches issues as identified reports findings suggests alternative courses of action and constantly look for process improvements.
Guides the business units through the financial planning and forecasting processes leveraging the appropriate data elements for markets and for the industry to support the evaluation of strategic options and alternatives.
Coordinates with other areas of Finance to ensure projected financial outcomes resulting from business plans are properly planned and forecasted.
Responsible for selecting hiring and developing talent to ensure a productive and engaged workforce.
Oversees the building of processes and enterprise score-carding to continuously measure the overall health of Lowe's financial portfolio.
Supports the development of the long-range plan (LRP) for the enterprise containing the aggregation of business unit plans and modeling for "what if scenario analyses at the enterprise.

Minimum Qualifications

Bachelor's degree Business Finance Accounting or related field or equivalent years of experience in lieu of education requirement if applicable
7 Years Experience in finance or analytical role
2 Years Experience in strategic and financial modeling
3 Years Experience leading people directly or indirectly
Experience with Microsoft Office tools (e.g. Word PowerPoint Excel)

Preferred Skills/Education

Master's degree Business Finance Accounting or related field
3 Years Experience in financial analysis accounting financial modeling and strategy consulting for business
Experience performing advanced data modeling data mining and exploratory data analysis (e.g. linear/logistic regression ARIMA Cluster Analysis)
Experience leading cross-functionally on enterprise initiatives
Experience working in a big box/large retailer
Experience working at a Fortune 500 company

About Lowe's
Lowe's Companies Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company with total fiscal 2025 sales of more than $86 billion. Lowe's employs approximately 300000 associates and operates over 1750 home improvement stores 540 branches and 120 distribution centers. 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 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.

Skills Required

Bachelor's degree in Business Finance Accounting or related field
7 Years Experience in finance or analytical role
2 Years Experience in strategic and financial modeling
3 Years Experience leading people directly or indirectly
Experience with Microsoft Office tools (e.g. Word PowerPoint Excel)

What the Team is Saying

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The Company

HQ: Mooresville NC

300000 Employees

Year Founded: 1921

What We Do

It’s curious to think of innovation and stability co-existing. But we pair a 100-year track record of success with a hunger to do things differently. Everyone is in the work — tackling complex problems where your impact can build back or build up the communities we serve. We fill our halls with curious minds from all walks of life. Our differences make us stronger which is why our leaders build cultures of recognition and inclusion. You are heard and your curiosities are celebrated and championed here.

Why Work With Us

We have built a space where the curious can move freely. Up in title up in skills to the side with teams or back to try something completely new. We help you find your path — because when you win we all win.