Principal Accountant

Job Summary

This role will primarily be responsible for leading the development of Oracle Risk Management Cloud and Accounts Receivable modules, supporting the revision of key accounting controls including working with Audit teams to review the impact of changes to controls from replacing the Company’s existing PeopleSoft ERP and legacy retail services reporting applications. This role will also have primary responsibility for supporting user acceptance testing, implementation go-live support, issue resolution, end-user training, and change management. This position will partner with FTM Director Leads, peer FTM Subject Matter Experts, Accounting and Finance staff and leadership, dedicated FTM Technology personnel, Internal and External Audit teams, technology information security and software engineers, and outside consultants to drive transformational workstream deliverables.

Lowe’s Finance organization is executing a multi-year program (Finance Technology Modernization – “FTM”) to modernize legacy accounting and financial reporting platforms. The primary purpose of this role is to support our implementation project as a subject matter expert responsible for routine Risk Management Cloud (RMC) control review, assessment, and documentation of internal control impacts, perform testing activities for Oracle Accounts Receivables module, and developing training and change management content and job aids.

Key Responsibilities

• Ensure roles are assigned and maintained to meet separation of duty requirements and reviews are completed regularly to ensure role compliance and proper restriction of sensitive access accounts.

• Works regularly with Control Owners and Internal Audit to model new controls or changes to existing controls for execution in Risk Management Cloud. Reviews Risk Management Cloud regularly to ensure exception reviews are being completed on schedule.

• Seeks out retail best practices in Finance/Accounting to challenge the status quo, ensure efficient business processes are designed to maintain clarity of ownership between Finance and IT/ISG functions.

• Supports the project testing strategy related to general Oracle configuration and Oracle Accounts Receivable functionality.

• Participates in training and change management preparation, including update meetings with impacted stakeholders, general communications, and end user training content development.

• Develop and support recommendations to senior FTM, Accounting, and Finance leadership regarding required system and process design and related testing, validation, and configuration.

• Prepare written documentation as necessary to support conclusions reached and selected solutions.

• Identifies and makes recommendations to FTM leadership on key workstream decisions.

• Implementation of Oracle Accounts Receivable module.

• Communicates effectively with other FTM workstream leads and key FTM program stakeholders.

• Monitors and takes action to make sure deadlines and deliverables are met in accordance with workstream and FTM program timelines.

• Identifies, resolves, and/or escalates key issues/risks/decisions to maintain workstream progress.

• Coordinates with business leaders to re-design Finance/Retail business processes, drive business agility, process efficiency and change acceptance.

• Participate in the validation of data availability and mapping within the new business process flows / system design, for example Employee Data to support Identity Management.

• Drives change acceptance, articulates benefits to, and designs training for core accounting and finance personnel.

Required Qualifications

• Bachelor’s Degree in accounting, finance, or a related field

• 3 to 5 years of combined experience in industry, consulting, and/or public accounting

• 3 years of experience with implementation/upgrade of retail financial systems or experience in large ERP environment (Oracle Fusion Cloud, Hyperion and/or PeopleSoft preferred)

Preferred Qualifications

• Master’s Degree - MBA or technical equivalent

• 2 Years of experience as a manager in a public company assurance firm focused on system implementations and/or public accounting.

• 2 Years of experience managing cross-functional teams or processes

• CPA License or equivalent

• Experience in Oracle Risk Management Cloud (RMC) and Oracle Accounts Receivable

About Lowe’s

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 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.

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.