Full-Time

Senior Financial Analyst

Pro & Services

Posted on 11/20/2024

Lowe's

Lowe's

10,001+ employees

Industrial & Manufacturing
Consumer Goods

Mid, Senior

Huntersville, NC, USA

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Financial analysis
Business Analytics
Data Analysis
Requirements
  • Bachelor's Degree in Business, Finance, Accounting or related field
  • 3 years of experience in finance or analytical role with a public company, public accounting or related experience
  • Experience in structuring and writing formal documents, developing and delivering group presentations, project planning, and/or cross functional collaboration
  • Experience with financial forecasting or analytic modeling and report automation
  • Experience with Microsoft Office tools (e.g., Word, PowerPoint, Excel)
Responsibilities
  • Facilitates the financial forecasting and planning processes with functional partners and business units that result in quarterly forecast updates, annual plans, and long-range plans; provides business performance reporting and commentary.
  • Supports financial modeling and business analytics to address P&L queries.
  • Supports the development of expense plans using agreed upon volume, rate, growth, and transportation cost assumptions; troubleshoot questions and reconciliations. Coordinate with data owners to formulate answers.
  • Collaborates across the business and with peers to provide root cause analysis and actionable insights based on financial and non-financial data to functional partners and business units.
  • Communicates financial and non-financial insights to leaders by preparing analyses using multiple data sources; identify and proactively source necessary inputs for analysis; support operational and financial storytelling.
  • Analyzes forecast and business case accuracy for root causes issues and apply these learning to future reports; translates findings into clear, understandable themes; identifying complete, consistent, and actionable insights and recommendations.
  • Develops business cases for key initiatives and major programs by creating robust financial models tied to a program’s (or initiative’s) strategic narrative; identifying risks to the organization and engaging the business owner in risk mitigation and trade-offs; identifying and measuring key trigger points (metrics) that provide insight into an initiative’s success (leading and final indicators).
  • Applies solid knowledge of financial and business analytics principles to all deliverables; leverages an understanding of policies, data, and resources to support projects or initiatives; collaborates cross functionally to solve business problems; identifies, recommends, and implements ways to address improvement opportunities.

Company Stage

IPO

Total Funding

$136.1M

Headquarters

Mooresville, North Carolina

Founded

N/A

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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