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Finance Manager, Merchandising Finance

  • Job
    Full-time
    Senior Level
  • Accounting & Tax
    Banking & Finance
  • Mooresville

AI generated summary

  • You need a Bachelor’s in Finance/Accounting, 6 years in finance roles, 1 year in forecasting, experience in FP&A, MS Office skills, and leadership experience; CPA/CFA/CMA preferred.
  • You will manage Analysts, lead financial planning, analyze data for insights, communicate findings to leaders, develop business cases, and drive improvement initiatives across teams.

Requirements

  • 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)
  • 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

Responsibilities

  • Develops 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).

FAQs

What is the primary purpose of the Finance Manager role at Lowe's?

The primary purpose of the Finance Manager role is to partner with complex and highly visible areas of the business, supporting initiatives aligned with the Company's strategy by converting business plans into forecasts, budgets, and long-range plans while providing analysis and insights to optimize business performance.

What qualifications are required for the Finance Manager position?

The required qualifications include a Bachelor's Degree in Business, Accounting, Finance, Economics or a related field, at least 6 years of experience in a finance or analytical role, 1 year of experience with financial forecasting or analytical modeling, and proficiency in Microsoft Office tools.

Are there any preferred qualifications for the Finance Manager position?

Yes, preferred qualifications include a Master's Degree in a relevant field, experience leading teams, managing operational initiatives, and experience in FP&A, Corporate Finance, or accounting in a large retail or Fortune 500 company, as well as CPA, CFA, or CMA certification.

Will I be responsible for mentoring junior team members?

Yes, as a Finance Manager, you will be responsible for developing Analyst and Senior Analyst talent by managing workloads, reviewing work output, and providing coaching and mentorship.

What type of analysis will I be performing in this role?

You will be performing financial and non-financial analysis, root cause analysis, developing business cases, and providing actionable insights based on collected data to facilitate decision-making within the organization.

What experience in project management is required for this position?

Experience managing the implementation of mid-sized projects, programs, or processes is preferred, along with skills in project planning and cross-functional collaboration.

Is experience in a large retailer required for the role?

While it is not explicitly required, experience working in a big box or large retail environment is preferred.

What kind of financial processes will I be involved in?

You will facilitate the financial forecasting and planning processes with functional partners and business units, resulting in quarterly forecast updates, annual plans, and long-range plans.

Is this position suitable for someone with limited leadership experience?

While the role does emphasize leadership and mentoring, candidates with potential and a willingness to learn may still be considered if they meet other required qualifications.

Does Lowe's offer competitive benefits for this role?

Yes, Lowe's offers a comprehensive benefits package, and more information regarding the benefits programs and eligibility can be found on their official website.

Do it right for less. Start with Lowe's.

Retail & Consumer Goods
Industry
10,001+
Employees
1921
Founded Year

Mission & Purpose

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 20 million customers a week in the United States. Lowe’s and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ over 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.