Sr Finance Manager - Cost Optimization

Do your Best Work in MooresvilleThis position is based at our headquarters in Mooresville, North Carolina. Our corporate office is a space where you can collaborate and do your best work. Take a walk, grab a bite (or a cup of coffee), work out or get a check-up – we invest in you so you can find your inspiration.Your ImpactThe 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 DoLeads 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 QualificationsBachelor’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/EducationMaster’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’sLowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE 100 home improvement company with total fiscal 2025 sales of more than $86 billion. Lowe’s employs approximately 300,000 associates and operates over 1,750 home improvement stores, 540 branches and 120 distribution centers. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com. Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.Job SummaryJob number: JR-02538158Profession: CorporateType: Full time