Lowe’s

Finance Manager - Cost Optimization

Lowe’s • $95K — $115K *
Mooresville, NC 28117In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in retail merchandising or financial analysis
  • Strong analytical skills with expertise in data analysis and financial modeling
  • Ability to translate complex data into actionable insights
  • Experience with supplier negotiations and cost management is a plus
  • Familiarity with commodity markets, tariffs, and international trade
  • Proficiency in business intelligence tools like Power BI
  • Advanced degree or certification (MBA, CPA, CMA) preferred

Responsibilities

  • Develop detailed financial analyses and cost models for supplier cost changes
  • Partner with Merchandising to assess supplier proposals and support negotiations
  • Analyze supplier cost requests and identify opportunities to challenge increases
  • Monitor external factors impacting product costs and develop mitigation strategies
  • Support cost reduction initiatives through financial analysis and validation of savings
  • Facilitate forecasting and reporting on product costs and savings initiatives
  • Communicate financial insights to partners through clear presentations and analyses
  • Maintain tracking of supplier cost actions and key performance metrics

Benefits

  • Collaborative work environment with cross-functional teams
  • Opportunities for professional development and skill enhancement
  • Exposure to high-level financial strategies and decision-making
  • Engagement with market intelligence and economic analysis
  • Dynamic and fast-paced retail setting that encourages innovation
Full Job Description
Your Impact

This position plays a key role in supporting the company's efforts to manage product costs, protect margin, and identify cost reduction opportunities across the business. This position partners closely with Merchandising, Finance, Sourcing, and other cross-functional teams to evaluate supplier cost changes, analyze cost drivers, develop fact-based recommendations, and support supplier negotiation strategies.

The successful candidate will bring a strong understanding of retail merchandising and financial principles, with demonstrated expertise in data analysis and financial modeling. This role requires the ability to translate large and complex data sets into actionable business insights and clearly communicate those insights to both financial and non-financial partners.

While prior experience with supplier negotiations, commodity markets, tariffs, and international trade is beneficial, these capabilities can be developed within the role. A strong foundation in retail merchandising, analytical problem solving, financial modeling, and cross-functional partnership is critical.

What You Will Do
  • Develops detailed financial analyses and cost models to evaluate supplier cost change requests, commodity impacts, tariffs, and other cost drivers; identifies opportunities to reduce costs, improve margins, and mitigate financial risk.
  • Partners with Merchandising teams to assess supplier cost proposals, provide data-driven recommendations, and support fact-based negotiation strategies that balance product cost, pricing, margin, inventory, and profitability objectives.
  • Analyzes supplier cost requests and supporting documentation by evaluating underlying cost drivers, benchmarking market conditions, and identifying opportunities to challenge, mitigate, delay, or offset proposed increases.
  • Monitors commodity markets, tariffs, freight, labor costs, economic indicators, and other external factors that impact product costs; develops insights and mitigation strategies to address emerging risks and opportunities.
  • Supports cost reduction and supplier negotiation initiatives by conducting financial analysis, validating savings opportunities, developing negotiation materials, and measuring realized financial benefits.
  • Facilitates forecasting, planning, and reporting activities related to product costs, supplier cost changes, savings initiatives, and overall cost management performance.
  • Communicates financial and market intelligence to business partners and leadership by preparing analyses, presentations, and recommendations that translate complex data into clear, actionable insights.
  • Maintains reporting and tracking of supplier cost actions, negotiation outcomes, cost reduction initiatives, savings realization, and key performance metrics.
  • Collaborates cross-functionally with Merchandising, Finance, Sourcing, Supply Chain, Pricing, and other partners to evaluate cost opportunities, improve profitability, and support strategic business objectives.
  • Completes work assignments by leveraging financial, analytical, and market expertise; identifying process improvement opportunities; enhancing reporting capabilities; and supporting the adoption of cost management tools and best practices.
  • Balances multiple projects and priorities in a fast-paced retail environment while maintaining a high level of accuracy, attention to detail, and customer-focused partnership.


Preferred Skills/Education
  • Experience supporting Merchandising within a large retail organization.
  • Experience evaluating supplier cost changes or supporting supplier negotiations.
  • Experience with commodity markets, product cost drivers, sourcing, or cost management.
  • Knowledge of tariffs, international trade, or global sourcing.
  • Experience with business intelligence, data visualization, or analytical tools such as Power BI, or similar platforms.
  • Experience developing financial models used to support business or negotiation decisions.
  • MBA, CPA, CMA, or other relevant advanced degree or certification.
  • Experience working at a Fortune 500 company


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
Real Estate & Construction
Net Income
$5.8 billion
Founded
1946
5 Year Trend
+8.2%
Revenue
$89.5 billion
NASDAQ
LOW
* Ladders Estimates

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