Job Description
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. With total fiscal year 2026 sales of over $+7 billion, approximately $+2 billion of sales were generated in the U.S., where Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts.
For more information, visit Lowes.com.
About Lowe’s India: At Lowe's India, we are the enablers who help create an engaging customer experience for our $+7 billion home improvement business at Lowe's. Our 4000+ associates work across technology, analytics, business operations, finance & accounting, product management, and shared services. We leverage new technologies and find innovative methods to ensure that Lowe's has a competitive edge in the market.
To know more about Lowe's India, visit Lowes.co.in.
About the Team: Team manages assets in PeopleSoft Asset Management and Project Costing systems and in capturing all fixed asset and project activities within accounting records to enable accurate reporting on a monthly, quarterly, and annual basis. This includes responsibility for monitoring system activity, executing monthly system processes, and recording asset additions, retirements, and transfers to ensure accounting records are accurate.
Job Summary:
The primary purpose of this role is to ensure that Right-of-Use assets, liabilities, and expenses are properly accounted for and classified within the company's financial statements in accordance with company policy and U.S. Generally Accepted Accounting Principles (US GAAP), specifically under ASC 842. This role will be responsible for ensuring the timely and accurate completion of monthly equipment lease accounting processes related to retail, corporate, and supply chain locations. This role will be responsible for providing inputs into the preparation of monthly financial reporting packages, including monthly Income Statements, Balance Sheets, Cash Flows, and Executive Reporting Analyses, and will be responsible for conducting research and providing commentary and insights for significant variances to targets.
This role will be the organization’s primary accounting partner for equipment lease related transactions. This position will be responsible for providing guidance on lease accounting, as needed, and will be responsible for ensuring a proper internal control structure is in place and ensuring SOX compliance as it relates to lease accounting. This position will have direct interaction with internal and external auditors and will partner with Finance in setting quarterly and annual budget/forecast targets.
Roles & Responsibilities:
Core Responsibilities:
• Executes financial activities in a timely and efficient manner. Manages and performs moderately complex financial analysis (i.e., forecasting, variance analysis, contract reviews, etc.) and reconciliations to support monthly, quarterly, and annual close cycles, with a focus on activities that require knowledge and understanding of US GAAP and business processes.
• Prepares and evaluates reports to ensure accuracy of financial reporting and analysis.
• Ensures appropriate supporting documents, provisions, and other details for journal entries and account reconciliations are maintained and documented prior to approval.
• Researches various financial activities to identify moderately complex issues, explaining findings to principal accountants, managers, and directors to determine resolution
• Partners with the business to understand new transactions or changes in the business to ensure accounting processes are properly designed and updated timely. Performs ongoing review of existing processes to identify process improvements and to drive efficiencies.
• Manages small projects/initiatives and/or participates in broader projects, working with and directing teams within a finance function to deliver the best solutions to financial issues.
• Executes testing around financial controls to provide documentation and support for SOX compliance in respective financial area.
• Communicates effectively within the team, across other functions, and directly with auditors to resolve questions and issues.
Years of Experience:
• Post Qualification 5+ years.
Education Qualification & Certifications (optional)
Required Minimum Qualifications:
• Master's degree
• CA/CPA
Skill Set Required
Primary Skills (must have)
Key Skillset: Capital expenditure, asset creation, disposal, depreciation, PAR, project accounting, Project Authorization Request
• Advanced GAAP concepts and financial controls (to apply this knowledge to the design and execution of activities within the respective area)
• Experience working in Fixed Assets. (Asset creation, retirement, Depreciation, Project costing etc.)
• Reconciliation and Reporting.
• Expertise in Excel
• Power BI would be an added advantage.
Secondary Skills (desired)
• Experience with PeopleSoft ERP system
• Experience with Oracle Hyperion
Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, national origin, mental or physical disability or medical condition, ****** orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under state or local law. Lowe’s wishes to maintain appropriate standards and integrity in meeting the requirements of the Information Technology Act’s privacy provisions
For more information, visit Lowes.com.
About Lowe’s India: At Lowe's India, we are the enablers who help create an engaging customer experience for our $+7 billion home improvement business at Lowe's. Our 4000+ associates work across technology, analytics, business operations, finance & accounting, product management, and shared services. We leverage new technologies and find innovative methods to ensure that Lowe's has a competitive edge in the market.
To know more about Lowe's India, visit Lowes.co.in.
About the Team: Team manages assets in PeopleSoft Asset Management and Project Costing systems and in capturing all fixed asset and project activities within accounting records to enable accurate reporting on a monthly, quarterly, and annual basis. This includes responsibility for monitoring system activity, executing monthly system processes, and recording asset additions, retirements, and transfers to ensure accounting records are accurate.
Job Summary:
The primary purpose of this role is to ensure that Right-of-Use assets, liabilities, and expenses are properly accounted for and classified within the company's financial statements in accordance with company policy and U.S. Generally Accepted Accounting Principles (US GAAP), specifically under ASC 842. This role will be responsible for ensuring the timely and accurate completion of monthly equipment lease accounting processes related to retail, corporate, and supply chain locations. This role will be responsible for providing inputs into the preparation of monthly financial reporting packages, including monthly Income Statements, Balance Sheets, Cash Flows, and Executive Reporting Analyses, and will be responsible for conducting research and providing commentary and insights for significant variances to targets.
This role will be the organization’s primary accounting partner for equipment lease related transactions. This position will be responsible for providing guidance on lease accounting, as needed, and will be responsible for ensuring a proper internal control structure is in place and ensuring SOX compliance as it relates to lease accounting. This position will have direct interaction with internal and external auditors and will partner with Finance in setting quarterly and annual budget/forecast targets.
Roles & Responsibilities:
Core Responsibilities:
• Executes financial activities in a timely and efficient manner. Manages and performs moderately complex financial analysis (i.e., forecasting, variance analysis, contract reviews, etc.) and reconciliations to support monthly, quarterly, and annual close cycles, with a focus on activities that require knowledge and understanding of US GAAP and business processes.
• Prepares and evaluates reports to ensure accuracy of financial reporting and analysis.
• Ensures appropriate supporting documents, provisions, and other details for journal entries and account reconciliations are maintained and documented prior to approval.
• Researches various financial activities to identify moderately complex issues, explaining findings to principal accountants, managers, and directors to determine resolution
• Partners with the business to understand new transactions or changes in the business to ensure accounting processes are properly designed and updated timely. Performs ongoing review of existing processes to identify process improvements and to drive efficiencies.
• Manages small projects/initiatives and/or participates in broader projects, working with and directing teams within a finance function to deliver the best solutions to financial issues.
• Executes testing around financial controls to provide documentation and support for SOX compliance in respective financial area.
• Communicates effectively within the team, across other functions, and directly with auditors to resolve questions and issues.
Years of Experience:
• Post Qualification 5+ years.
Education Qualification & Certifications (optional)
Required Minimum Qualifications:
• Master's degree
• CA/CPA
Skill Set Required
Primary Skills (must have)
Key Skillset: Capital expenditure, asset creation, disposal, depreciation, PAR, project accounting, Project Authorization Request
• Advanced GAAP concepts and financial controls (to apply this knowledge to the design and execution of activities within the respective area)
• Experience working in Fixed Assets. (Asset creation, retirement, Depreciation, Project costing etc.)
• Reconciliation and Reporting.
• Expertise in Excel
• Power BI would be an added advantage.
Secondary Skills (desired)
• Experience with PeopleSoft ERP system
• Experience with Oracle Hyperion
Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, national origin, mental or physical disability or medical condition, ****** orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under state or local law. Lowe’s wishes to maintain appropriate standards and integrity in meeting the requirements of the Information Technology Act’s privacy provisions
💡 Quick Summary
Seeking a career-building opportunity? The Senior Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
