Lowe’s

Facility Asset Manager

Lowe’s$75K — $95K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Associate degree in a related field or equivalent experience
  • 7 years of experience in construction, big box retail, or asset maintenance analysis
  • Familiarity with CMMS (Computerized Maintenance Management Systems)
  • Strong analytical skills for assessing facility performance
  • Excellent communication and vendor management skills

Responsibilities

  • Oversee and manage 2-3 Facility Asset Analysts to meet corporate targets
  • Support Divisional Facilities Director and collaborate with Retail Facility Manager
  • Manage lifecycle asset management for facilities with a $200M annual spend
  • Develop and analyze maintenance plans to maximize return on invested capital
  • Review facility management issues to identify resolutions and improvements
  • Conduct root cause analysis to spot trends and benchmark performance
  • Formulate strategic initiatives to enhance asset longevity and effectiveness
  • Evaluate vendor performance against KPIs and implement corrective actions as needed

Benefits

  • Opportunities for professional development and growth
  • Collaborative work environment with cross-functional teams
  • Engagement with industry best practices and benchmarking
  • Impact on significant operational budgets
  • Autonomy in managing facility asset life cycles and vendor performance
Full Job Description
Your Impact

The primary purpose of this role is to provide oversight for asset and service management for maintenance, maintenance procedures and life cycle replacement guidance that meet industry/Lowe's benchmarks and trends, and key input that leads to control of maintenance spending at retail stores. The Facility Asset Manager also is responsible for oversight and management of vendor activities utilizing metrics of Facility Management work orders. This includes responsibility for both expense and capital spend as well as all processes that are affected by these work orders (invoicing, budget spend, vendor selection and asset life cycles) ultimately to reduce total cost of ownership for all Retail Facilities Assets

What You Will Do
  • Provide daily oversight and management of 2-3 Facility Asset Analyst to drive results execution against planned corporate targets and departmental goals.
  • Supports and is accountable to the Divisional Facilities Director and the Director Facility Asset Program Management as well as collaborates/supports the Retail Facility Manager
  • Total Lifecycle Asset Management of Retail Facilities Programs for all USHI retail store locations including managing asset maintenance and end of life cycle replacement oversight for +/-$200M in annual spend spanning +/-20 asset categories. Including cross-functional collaboration to ensure enterprise alignment.
  • Develops/Analyzes facility improvement maintenance plans/spend using all available information resulting from Store Operations request, industry peers/benchmarking, Facility Health Assessments, CMMS, vendor input, etc. in order to demonstrate the greatest increase in company's ROIC.
  • Provides a thorough review of Facilities Management issues to develop a clear understanding of the associated problem and determining the best course of action for resolution and provide recommendations to future SOW enhancements
  • Follow root cause analysis to determine trends against enterprise benchmarks and/or best managed practices
  • Develop and provide strategic planning initiatives for asset improvement and longevity
  • Analyzes vendor performance against contractual stipulations/KPI's and corresponds with vendors on a regular basis to evaluate performance. Provides proper/contractual corrective action on an as needed basis.
  • Coordinates with vendor and store operations to ensure repair activities are completed timely
  • Develop (in conjunction with the RFM) the annual expense & capital budget for asset and service management. Including maintenance, maintenance procedures and life cycle replacement, monitoring commitments and spending, participating in monthly, quarterly, and long-range forecasting, perform analysis and generate reporting as required.
  • Develop Statements of Work for asset and service management as required and partner with ESS to ensure enterprise alignment with other business units. Initiate and help facilitate Request for Information (RFI) process, Request for Proposal (RFP) process, contract negotiations, and awarding of contracts.
  • Audit and submit monthly invoice payments for asset and service providers. Execute all buying responsibilities associated with Spend Management. Provide spend variance explanations to finance as required.


Minimum Qualifications
  • Associate degree Related Field or equivalent years of experience in lieu of education requirement, if applicable
  • 7 Years Construction, Big Box Retail, Asset Maintenance Analysis, CMMS


Preferred Skills/Education
  • Bachelor's degree Facilities Management, Property Management, Construction Management, Business Administration


About Lowe’s

Lowe's Careers

Joining Lowe's means becoming part of a team that is committed to fostering an environment of growth, innovation, and leadership. As one of the leading home improvement companies, Lowe's offers unparalleled job opportunities and a culture that values diversity and professional development. Work You'll Do At Lowe's, your work will directly impact our mission to help people love where they live. Whether you're involved in the direct sales process, product development, or customer service, your role will contribute to our industry-leading standards. Transform Your Career Leverage your skills and drive in a position that empowers you to lead projects and initiatives that redefine the retail experience. Lowe's is at the forefront of the industry, combining retail, technology, and customer service to create unique experiences for consumers. Join a team of dedicated professionals who are there to support your career aspirations and help you grow both personally and professionally. With over 300,000 team members, Lowe's is a place where you can cultivate a career filled with innovation and opportunities. Lowe's Professional Growth and Opportunities We are committed to the professional growth of every team member. Lowe's offers a variety of career paths and opportunities for advancement, including leadership roles in numerous departments. Whether you're seeking a part-time position or a full-time career, Lowe's provides the training and resources needed to advance and excel. Internship Programs Start your career with Lowe's through our dynamic internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that impacts our business. Interns at Lowe's gain invaluable skills, work alongside experienced professionals, and are considered for full-time positions upon successful completion of the program. Benefits and Culture Lowe's is dedicated to maintaining a culture that promotes diversity and inclusion. We offer a comprehensive benefits package that supports the health, well-being, and financial security of our employees and their families. Benefits include health insurance, retirement plans, and employee discounts, among others. Networking and Innovation Stay connected and ahead in your career through Lowe's commitment to innovation and networking. Our team members have access to cutting-edge technology and are encouraged to think outside the box to solve challenges. Networking within the company is supported through various groups and initiatives, fostering connections that can lead to career advancement. Join Our Team Explore the job opportunities at Lowe's that match your skills and interests. We are always looking for passionate, curious, and solution-driven team players. Start your journey with Lowe's today and be part of a company that values hard work and dedication. Stay Up to Date Keep informed with the latest in career tips, company news, and industry insights—all from the people who work at Lowe's. Our careers blog provides valuable content that can help you navigate your professional journey. Job Alert Emails Customize your subscription to receive job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Lowe's. SEARCH LOWE'S JOBS At Lowe's, your career is in your hands. Build it with us and be part of a team that is changing the future of retail.
Learn more about Lowe’s
Size
200,000 employees
Market Cap
$120.3 billion
Industry
Net Income
$5.8 billion
Founded
1946
5 Year Trend
+8.2%
Revenue
$89.5 billion
NASDAQ

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