Lead Analyst, Cost Insights & Analytics

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 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 Team

The Cost Analytics team supports all analytical and data requirements that supports the accounting function specifically Margin & Cost, Vendor Funding, Imports, Trade Payables and Transporation Accounting. Leveraging firm's tech stack, the team works on varied problem statement and help in providing an optimum solution to end users

Job Summary

The Lead Analyst is primarily responsible for supporting a team dedicated to Margin and Cost Accounting for Lowe's US operations. The principal purpose of the Lead Analyst is to work with Leadership in delivering impactful data driven analytics support to the Business team. This position is responsible for following analytical best practices, accurately reporting and analyzing results and identifying insights for decision making. A substantial amount of technical knowledge is needed to support the various user requests and special projects.

This is accomplished utilizing advanced tools and methods to leverage various financial data. A goal of this position is to streamline processes through automation and enhancements of existing business processes. To accomplish this, the Lead Analyst must be proficient in MS Access, MS Excel, VBA, Macros, Teradata SQL Assistant etc.

The Lead Analyst will collaborate directly with various areas of Finance and other areas of the Business in order to ensure Inventory, Revenue and Margin are reported accurately both from an Operational and Financial perspective.

Roles & Responsibilities

Core Responsibilities:

• Practices self-leadership and embraces the culture of constant learning. A quick learner and a passionate problem solver.
  
  

Essential Responsibilities

• Understands retail analytics and works effectively under the guidance of a Sr. Analyst and/or Lead Analyst to deliver impactful data driven analytics insights/recommendations.
• Communicates observations and/or insights to the Sr. Senior Analyst and/or Lead Senior Analysts to help prepare analyses through leveraging multiple data sources.
  
  

Years Of Experience

• 8+ years of experience in financial analytics/Reporting working directly with business teams.
  
  

Education Qualification & Certifications (optional)

Required Minimum Qualifications

• Master's/Bachelors Degree in Finance, Accounting, Analytics, or Business
• Financial/Business Acumen and good understanding of Accounting, Finance and Costing
• Self-motivated, strong leadership skills and excellent verbal/written skills
• Ability to Lead a group of Senior Analyst/Analysts
• Expertise in SQL databases and the ability to write queries/procedures to summarize data distributed across different sources/tables.
• Advance Excel experience including Macros and MS Access
• Experience with business intelligence and reporting tools, preferably in Power BI
• Experience working with multiple stakeholders across locations.
• Exposure to ETL tools is an added advantage.
  
  

Skill Set Required

Primary Skills (must have)

• Knowledge of Report Development Tools and Software- Knowledge of report development tools and software (e.g., Microsoft Excel, Microsoft Access, SAS, MicroStrategy/DART or other Business Intelligence reporting tools, SQL query writing, or other business reporting software): ability to use multiple tools to build sophisticated reports.
• Analytical Thinking- Knowledge of techniques and tools that promote effective analysis and the ability to determine the root cause of business problems and create alternative solutions that resolve the problems in the best interest of the business, e.g. Python, R etc.
• Business Acumen- Understanding of business concepts, tools, and processes that are needed to perform regular analysis.
• Financial Analysis- Knowledge of and ability to read, interpret and draw accurate conclusions from financial and numerical material.
• Hypothesis Testing- Builds and/or validates recommendations based on sound methodology, data gathering, and data analysis; uses data driven conclusions and decisions to provide solutions.
  
  

Secondary Skills (desired)

• Being Organizationally Savvy The ability to maneuver well to accomplish work within their own function. This includes the ability to build and grow a network of partnerships, develop an understanding of formal and informal decision-making processes, and leverage knowledge of functional and cross-functional operations to accomplish work objectives.
• Communicating Effectively The skill to write, present, and listen effectively.
• Demonstrating Personal Flexibility The ability to demonstrate resourcefulness and resilience in the face of change, obstacles, and adversity. This includes adapting to competing demands and shifting priorities. This also includes improving adaptability, pursuing new skills and knowledge, and regularly seeking feedback from others.
• Getting Organized The ability to use organizational skills for purposes of planning and effective project execution.
• Keeping on Point The ability to quickly prioritize mission-critical from less important or trivial work activities. This includes sensing what the next most useful thing is to work on, and focusing on the critical few tasks that add value while putting aside or delaying the rest.
• Understanding the Business Knowledge of practices and technology affecting his/her business and organization. This includes knowledge of industry-specific business operations and how to evaluate different business propositions. This also includes the ability to quickly learn and embrace new methods and technologies.
  
  

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.

Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.