Campus Recruiting (HIRED)

This position has been filled or has expired. To search all open positions, visit our Job Board.

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 18 million customers a week in the United States, Canada and Mexico. With fiscal year 2017 sales of $68.6 billion, Lowe’sand its related businesses operate or service more than 2,390 home improvement and hardware stores and employ over 310,000 people. Founded in 1946 and based in Mooresville, N.C., Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com.

Overview:
The Lowe’s Finance & Accounting Rotational (FAR) Program is an exciting and unique opportunity for recent and upcoming college graduates to gain a broader experience within the Finance, Accounting and Internal Audit areas. The program consists of four 6-month rotations with different groups in these areas, in our Mooresville, North Carolina corporate office location. Participants are encouraged to exercise independent judgment, provide direction and assistance to key client groups and/or meaningful projects, recommend solutions that maximize operational efficiency and develop teamwork and leadership skills through interactive projects and activities. Upon successful completion of this 24-month rotational program, the participant will be eligible to be placed into open positions within the Finance, Accounting and Internal Audit departments of the company based on his/her interests and individual performance.

Education and/or experience:
• Pursuing Bachelor’s degree in Accounting or Finance with expected graduation date of December 2018 or May 2019.
• Minimum 3.0 cumulative GPA is required.
• Proficient in MS Office Programs (specifically Word, Excel and Access).
• Strong interpersonal, analytical and organizational skills are required.
• Candidates must also possess excellent oral and written communication skills.
• Relevant internship and retail experience is a plus, as is experience in a leadership position at work or within a campus organization.

Possible areas of learning:
Internal audit
• Gain exposure to Internal Audit’s value drivers such as assessing enterprise risks, developing and maintaining the rolling audit plan and governance responsibilities.
• Participate on a variety of different audit topics that may include finance/operational/IT process audits, traditional compliance audits or in-flight reviews that assess organizational readiness for emerging strategic initiatives.
• Experience the internal audit methodology and develop foundational skills such project management, risk assessment techniques,analytical and root cause analysis and general professional soft skills.
Tax
• Assist in the preparation and filing of tax returns and tax payment process related to property, customs, income, sales and use and payroll taxes.
• Provide support to international, federal and state income and sales tax audits.
• Identify tax credit opportunities and collaborate with other finance teams and business units to collect information and documents and evaluate Lowe’s eligibility for tax credits.
• Provide solutions that maximize operational efficiency, minimize costs and maintain a high standard of compliance.
Financial planning and analysis
• Gain an understanding of performance measures and financial systems.
• Provide financial analysis that highlights risks and opportunities to drive better business decisions.
• Provide support to the sales, margin and expense forecast process.
• Support the business case development team using discounted cash flow valuation techniques.
• Gain an understanding of Lowe’s consolidated financial forecast and planning process.
• Drive process improvement initiatives.
• Develop and/or enhance existing financial models used to review financials and perform variance analyses.
Corporate accounting
• Perform financial accounting responsibilities, including journal entries and account reconciliations.
• Assist in the domestic and international financial analysis and reporting processes.
• Record and report internal and external financial information in conformity with GAAP and SEC regulations.
• Draft accounting policies and procedures as a result of the evaluation of emerging accounting guidance and new business transactions.
Margin and cost:
• Experience the different groups within Margin Accounting, i.e. vendor funds accounting, program administration, reporting and compliance, auditing and training.
• Work closely with merchants, vendors and other departments both within and outside of Finance, to ensure all vendor funded programs are documented, tracked and properly recorded.
• Ensure product costs and margins are accurately stated and adequate supporting documentation is provided by Lowe’s merchants and vendors.
• Work with Lowe’s supply chain, Global Sourcing entities and manufacturing operations to ensure their proper accounting and performance tracking, tracked and properly recorded.
• Ensure product costs and margins are accurately stated and adequate supporting documentation is provided by Lowe’s merchants and vendors.

Lowe’s is an equal opportunity affirmative action employer and administers all personnel practices without regard to race, color, religion, sex, age, national origin, disability, sexual orientation, gender identity or expression, marital status, veteran status, genetics or any other category protected under applicable law.

This position has been filled. To search all open positions, visit our Job Board.