Senior Accountant- Vendor Funds Accounting

Lowe's Home Centers•Mooresville, NC

12d

About The Position

Your Impact The Senior Margin Accountant is a key member of a team responsible for the administration, tracking, accrual, and collection of vendor funds. This position will assist merchandising with Financial Process flows, analyzing non-standard purchase and sales agreements for potential GAAP issues, and provide ad hoc reporting as requested. The Senior Margin Accountant must be a team contributor with leadership qualities and be able to communicate effectively and develop relationships with various levels and departments. This position is the primary Accounting contact for the assigned Merchandising division(s) and related vendors. The Senior Margin Accountant would follow the departmental risk audit approach policies and lead quarterly (at a minimum) review meetings with Merchandising to review allowance programs and vendor funded items. This position also entails frequent communication and interaction with the vendor community. What You Will Do Execute financial activities in a timely and efficient manner, with a focus on activities that require applying practiced knowledge of moderately complex systems, business processes, and GAAP principles to unique situations Prepare and evaluate reports to ensure accuracy of financial reporting and analysis Perform analysis (i.e. historical, forecasting, impact, etc.) and reconciliations to support monthly, quarterly and annual closing cycles according to prescribed rates, laws, and regulations Review reports, analysis and reconciliations prepared by Accountants to ensure the accuracy of financial reporting and analysis Research various financial activities to identify moderately complex issues, explaining findings to principal accountants, managers, and directors to determine resolution Manage small projects/initiatives and/or participates in broader projects, working with and directing teams within a finance function to deliver the best solutions to financial issues Maintain appropriate supporting documents, provisions, and other details for accounting transactions and entries Communicate effectively within the team, across other functions, and with external parties to ensure alignment Partner with team and the business in order to identify transaction issues and procedure improvement opportunities to more-effectively support the needs of the Finance organization At times may mentor and train accountants in the development of moderately complex skills, knowledge of key principles, regulations, etc. Work with external (regulatory and third party) and independent auditors for transactions and alignment to provide required data and information to ensure accuracy Execute testing around financial controls to provide documentation and support for SOX compliance in respective financial area

Requirements

Bachelor's degree in accounting or another Business-related field
3-5 years' experience in Accounting or Finance
Excellent communication skills (written, verbal, and interpersonal)
Strong analytical and problem-solving skills
Strong computer skills (excel, access, VATS, mainframe)
Excellent leadership skills (able to build relationships across Finance and Merchandising, as well as with vendors)

Nice To Haves

Master’s degree Business, Finance, Economics, Accounting or related field
Lowe's accounting or finance experience
CPA or CPA candidate

Responsibilities

Execute financial activities in a timely and efficient manner, with a focus on activities that require applying practiced knowledge of moderately complex systems, business processes, and GAAP principles to unique situations
Prepare and evaluate reports to ensure accuracy of financial reporting and analysis
Perform analysis (i.e. historical, forecasting, impact, etc.) and reconciliations to support monthly, quarterly and annual closing cycles according to prescribed rates, laws, and regulations
Review reports, analysis and reconciliations prepared by Accountants to ensure the accuracy of financial reporting and analysis
Research various financial activities to identify moderately complex issues, explaining findings to principal accountants, managers, and directors to determine resolution
Manage small projects/initiatives and/or participates in broader projects, working with and directing teams within a finance function to deliver the best solutions to financial issues
Maintain appropriate supporting documents, provisions, and other details for accounting transactions and entries
Communicate effectively within the team, across other functions, and with external parties to ensure alignment
Partner with team and the business in order to identify transaction issues and procedure improvement opportunities to more-effectively support the needs of the Finance organization
At times may mentor and train accountants in the development of moderately complex skills, knowledge of key principles, regulations, etc.
Work with external (regulatory and third party) and independent auditors for transactions and alignment to provide required data and information to ensure accuracy
Execute testing around financial controls to provide documentation and support for SOX compliance in respective financial area