Lowe’s

Principal Accountant

Lowe’s • $88K — $105K *
Mooresville, NC 28117In-Person
Legal & Accounting
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Economics, Accounting, or related field; or equivalent work experience.
  • 5 years of experience in accounting, tax, finance, or relevant areas.
  • Strong understanding of advanced GAAP concepts and financial controls.
  • Exceptional MS Office skills, particularly in Excel, Word, and Access.

Responsibilities

  • Execute complex financial activities efficiently by applying advanced accounting knowledge.
  • Perform detailed analyses and reconciliations to support financial closing cycles.
  • Research and independently resolve intricate financial transactions.
  • Maintain and provide necessary documentation for financial entries to stakeholders.
  • Communicate effectively with team members, leaders, and external auditors to address audit-related queries.
  • Collaborate with teams to identify transaction issues and opportunities for process improvement.
  • Lead special projects to tackle complex accounting issues and implement solutions.
  • Design and oversee testing of financial controls for SOX compliance.
  • Mentor and train junior accountants to enhance their accounting skills and knowledge.

Benefits

  • Opportunities for continued professional development and training.
  • Collaboration with experienced finance professionals across various functions.
  • Exposure to complex financial systems and regulatory requirements within the organization.
Full Job Description
Your Impact

The primary purpose of this role is to capture complex transactions in accounting records and resolve issues to enable accurate reporting on a monthly, quarterly, and annual basis. This includes responsibility for conducting effective research, managing, tracking, and reporting for accounting transactions to ensure accurate recording in accounting records. In addition, this role executes and designs continuous improvement of internal controls over financial reporting, by working independently to apply experienced accounting judgment and advanced knowledge of GAAP and regulatory requirements in daily activity.

What You Will Do
  • Executes complex financial activities in a timely and efficient manner, applying advanced accounting knowledge, judgment, and understanding of complex systems, business processes, and applicable accounting, tax, and regulatory requirements.
  • Performs complex analysis (i.e. historical, forecasting, impact, etc.) and reconciliations to support monthly, quarterly and annual closing cycles according to prescribed rates, laws, and regulations, with a focus on areas that require understanding of complex GAAP and/or tax rules
  • Research and resolve complex financial transactions independently, including those escalated from Accountants or Senior Accountants
  • Ensure appropriate supporting documents, provisions, and other details for financial activities and entries are maintained and provided to appropriate stakeholders
  • Communicate effectively within the team, across other functions with leaders, and directly with external auditors to resolve audit questions and issues
  • 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
  • Lead and execute specials projects and resolution of non-reoccurring complex accounting issues within the respective area to deliver optimal solutions to financial issues
  • Work with external (regulatory and third party) and independent auditors for transactions to provide required data and information to ensure accuracy
  • Design and oversee testing around financial controls to support SOX compliance for respective financial area
  • Mentors and trains Accountant and Senior Accountant associates in the development of accounting skills, knowledge of key principles, regulations etc.

Minimum Qualifications
  • Bachelor's degree Business, Finance, Economics, Accounting or related field or equivalent years of experience in lieu of education requirement, if applicable
  • 5 years experience in accounting, tax, finance (public or private) or relevant experience
  • Demonstrated understanding of advanced GAAP concepts and financial controls (to apply this knowledge to the design and execution of activities within the respective area)
  • Advanced skills in MS office programs (Excel, Word, Access)

Preferred Skills/Education
  • Master's degree Business, Finance, Economics, Accounting or related field
  • Lowe's finance or accounting experience
  • Certified Public Accountant (CPA) CPA or CPA Candidate


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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