Full-Time

Real Estate Senior Accountant

Confirmed live in the last 24 hours

Lowe's

Lowe's

10,001+ employees

Consulting
Consumer Goods

Mid, Senior

Huntersville, NC, USA

Category
Financial Accounting
Real Estate
Real Estate Finance
Accounting
Requirements
  • Bachelor’s degree in accounting or related field
  • 3-5 years’ experience in Accounting or Finance
  • 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 and Word)
  • CPA or CPA candidate
Responsibilities
  • Performs timely and accurate recurring accounting responsibilities, including journal entries, account reconciliations, reporting, and related analysis.
  • Performs accounting research to ensure accounting conclusions are in accordance with US Generally Accepted Accounting Principles (US GAAP) and company policy.
  • Compiles written documentation to support accounting conclusions reached.
  • Supports consolidated financial reporting processes.
  • Supports internal variance analysis explanation processes.
  • Works cross-functionally to gather information and analyze complex transactions.
  • Supports a collaborative environment by working in a team of peers to solve problems and shares information with peers, management, and other stakeholders.
  • Manages multiple priorities in a deadline-driven environment.
  • This role is responsible for collaborating with and supporting the Managers and Directors of the Finance, Property Management, and Real Estate business areas.
  • Position is responsible for moderately complex accounting transactions and calculations, including impairment, net present value calculations, exit cost, site incentive recognition, and capitalized interest transactions.
  • Responsible for Excess Property and Impairment accounting and reporting which is regularly distributed to Senior Management.
  • Responsible for lease terminations and ensuring income statement recognition is calculated and recorded accurately on the financial statements.
  • Maintains organized, accurate, and thorough records.
  • Ensures routine transactions are recorded accurately and timely, with minimal guidance from management.
  • Independently manages and owns all areas of responsibility, relying on management assistance for complex situations/scenarios.
  • Participates in projects and assists other teams, as needed and/or requested by management.
  • Assists in performing and documenting controls in compliance with Lowe’s internal policies and the Sarbanes-Oxley Act.

Company Stage

IPO

Total Funding

$136.1M

Headquarters

Mooresville, North Carolina

Founded

1946

Simplify Jobs

Simplify's Take

What believers are saying

  • Lowe's significant 135% increase in e-commerce sales indicates strong growth potential in the digital retail space.
  • The 'Season of Savings' initiative could drive increased customer engagement and sales during key shopping periods.
  • Opening new fulfillment centers and distribution hubs positions Lowe's to efficiently meet rising online demand and improve delivery times.

What critics are saying

  • The reliance on an old housing stock for growth may be vulnerable to fluctuations in the real estate market.
  • Intense competition from Home Depot and other retailers could pressure Lowe's to continuously innovate and maintain competitive pricing.

What makes Lowe's unique

  • Lowe's is leveraging its extensive physical presence with new tool rental departments and in-store kiosks, setting it apart from purely online competitors.
  • The company's strategic sponsorship at New York Fashion Week highlights its innovative approach to brand positioning in the home improvement sector.
  • Lowe's focus on expanding its logistics and fulfillment infrastructure demonstrates a commitment to enhancing e-commerce capabilities, unlike some competitors who may not prioritize this integration.

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