Lowe’s

Sr Finance Manager - Cost Optimization

Lowe’s$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Accounting or related field, or equivalent experience.
  • 7 years of experience in a finance or analytical role.
  • 2 years of experience in strategic and financial modeling.
  • 3 years of experience in leading teams directly or indirectly.
  • Proficient in Microsoft Office tools (Word, PowerPoint, Excel).

Responsibilities

  • Lead cross-functional initiatives to mitigate costs and improve margins.
  • Support supplier cost management through financial modeling and risk assessment.
  • Manage a team of financial analysts to implement and analyze best financial practices.
  • Provide financial insights to senior leadership for effective resource allocation decisions.
  • Prepare and communicate deliverables to senior management linking strategy to financial outcomes.
  • Research and report issues to suggest process improvements.
  • Guide business units through financial planning and forecasting processes.

Benefits

  • Opportunity to partner with business leaders across multiple sectors.
  • Engage in strategic financial leadership to drive enterprise value creation.
  • Develop long-range scenario models with direct impact on corporate planning.
  • Work in a collaborative cross-functional team environment.
  • Leadership role with potential for growth and team development opportunities.
Full Job Description
Your Impact

The principal purpose of this role is to partner with business leaders (US Home Improvement, Central Dispatch Office, Allied Businesses, and Shared Services) to drive value creation through financial and business leadership from strategy development through execution in order to identify prospective markets and potential opportunities. This includes responsibility for supporting business unit and enterprise scenario planning by developing long-range scenario models, and recommending and executing measurement plans, analytics, and coordinated functional scorecards.

What You Will Do
  • Leads cross-functional initiatives focused on mitigating cost increases, improving margin performance, identifying sustainable cost reduction opportunities, and supporting enterprise value creation.
  • Supports supplier cost management and business case development through financial modeling, scenario analysis, benchmarking, and assessment of financial risks and opportunities.
  • Manages a team of financial analysts who will provide functional support to business units ensuring financial best practices are implemented and followed, reported, and analyzed to identify insights for decision making.
  • Leverages the Financial Centers of Expertise to provide financial insights to aid in decision making, identification of financial risks and opportunities, and analysis of performance drivers.
  • Partners with senior leadership (SVPs & VPs) in the business functional areas to provide financial insights, recommendations, and best practices to help the company make effective resource allocation decisions.
  • Prepares and communicates certain deliverables to senior management and the Board of Directors relating to the portfolio, guardrails, long-range plan and annual operating plan, linking strategy and intent to financial outcomes and measures of success.
  • Researches issues as identified, reports findings, suggests alternative courses of action, and constantly looks for process improvements.
  • Guides the business units through the financial planning and forecasting processes, leveraging the appropriate data elements for markets and for the industry to support the evaluation of strategic options and alternatives.
  • Coordinates with other areas of Finance to ensure projected financial outcomes resulting from business plans are properly planned and forecasted.
  • Evaluates the financial impact of market conditions, inflationary pressures, supplier cost changes, tariffs, and other external factors that influence business performance and profitability.
  • Responsible for selecting, hiring, and developing talent to ensure a productive and engaged workforce.
  • Oversees the building of processes and enterprise score-carding to continuously measure the overall health of Lowe's financial portfolio.
  • Supports the development of the long-range plan (LRP) for the enterprise, containing the aggregation of business unit plans and modeling for "what if" scenario analyses at the enterprise.


Minimum Qualifications
  • Bachelor's degree Business, Finance, Accounting or related field or equivalent years of experience in lieu of education requirement, if applicable.
  • 7 Years Experience in finance or analytical role.
  • 2 Years Experience in strategic and financial modeling.
  • 3 Years Experience leading people directly or indirectly.
  • Experience with Microsoft Office tools (e.g., Word, PowerPoint, Excel)


Preferred Skills/Education
  • Master's degree Business, Finance, Accounting, or related field.
  • 3 Years Experience in financial analysis, accounting, financial modeling and strategy consulting for business.
  • Experience evaluating supplier cost changes, inflation impacts, tariff exposure, or market-driven cost pressures.
  • Experience performing advanced data modeling, data mining and exploratory data analysis (e.g., linear/logistic regression, ARIMA, Cluster Analysis).
  • Experience leading cross-functionally on enterprise initiatives.
  • Experience working in a big box/large retailer.
  • 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
Net Income
$5.8 billion
Founded
1946
5 Year Trend
+8.2%
Revenue
$89.5 billion
NASDAQ

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