Senior Accountant

About Lowes:
Lowe s Companies, Inc. (NYSE: LOW) is a FORTUNE 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Bengaluru, Lowe s India develops innovative technology products and solutions and delivers business capabilities to provide the best omnichannel experience for Lowe s customers. Lowe s India employs over 4,200 associates across technology, analytics, merchandising, supply chain, marketing, finance and accounting, product management and shared services. Lowe s India actively supports the communities it serves through programs focused on skill-building, sustainability and safe homes. For more information, visit, www.lowes.co.in.

About the Team:

The Capital Asset Accounting team is responsible for the accurate and timely recording and reporting of capital asset transactions for compliance with U.S. Generally Accepted Accounting Principles (GAAP) and consistent application of company policy and system control procedures. Capital asset transactions include systematic processing and recording of asset additions, retirements, adjustments, and depreciation within asset records. The Capital Asset Accounting team works closely with various business areas responsible for capital asset purchases (i.e., Retail Facilities & Operations, Supply Chain, Corporate Facilities, Technology, Merchandising, Delivery Services, etc.) as well as other areas of Accounting/Finance (i.e., Tax, External Reporting, Accounting & Consolidations, FP&A, Corporate Finance, Retail Finance, Supply Chain Finance, etc.)

Job Summary:

The primary purpose of this role is to administer accounting policy and procedures related to capital assets and resolve issues to enable accurate reporting on a monthly, quarterly, and annual basis as per US Generally Accepted Accounting Principal (US GAAP) and Company Policy. This includes responsibility for researching, managing, tracking, reporting, and reviewing financial activities to ensure accounting records are correct. In addition, this role supports the execution and design of internal controls over financial systems as well as financial and regulatory reporting, by working independently to apply and provide experienced accounting judgment and advanced knowledge of US GAAP and regulatory requirements in daily activity.

Roles & Responsibilities:

Core Responsibilities:

Years of Experience:

Education Qualification & Certifications (optional)

Required Minimum Qualifications :

Skill Set Required

Primary Skills (must have)

Key Skillset: communication, US GAAP, fixed Asset Accounting, Oracle(pref.), General Ledger, Journal entry

Secondary Skills (desired)