Manager Collateral Money Mgmt Position Available In Iredell, North Carolina

Manager Collateral Money Mgmt 1000 Lowes Boulevard
Location
Mooresville, NC (SSC) 1999
Category
Merchandising
Job Id

JR02113834

Job Type
Full time
Department
Project Planning
Your Impact
The Manager of Collateral Money Management ensures efficient execution of merchandising projects by overseeing financial governance, purchasing processes, and system controls related to resets and replenishment. This role leads a team of Senior Analysts and partners with local and global teams to support a $300M+ Store Environment portfolio, ensuring compliance with internal policies and external regulations like SOX. The manager provides expertise on capital vs. expense allocations, supports financial forecasting and accruals, and collaborates with Finance, Project Management, and Accounting to drive accurate reporting and datadriven decisions. As a leader, they foster a collaborative culture, mentor their team, and champion continuous improvement initiatives aligned with organizational goals.
What You Will Do
Lead and mentor a team of Sr. Analysts, fostering a collaborative environment that encourages professional growth and development.
Oversee daily operations and ensure accuracy and efficiency in the team’s routing of Project Authorization Requests (PARs), Purchase Orders (POs), and all financial related activities for the Store Environment portfolio.
Serve as a strategic partner to business leaders, providing expert advice on financial and accounting practices to ensure compliance with Federal, State, Local and Lowe’s guidelines, including the SarbanesOxley Act (SOX)
Drive the allocation of capital vs. expense expenditures and oversee reset budgeting processes, ensuring alignment with organizational financial goals.
Collaborate, build, and maintain strong relationships with crossfunctional teams, including Finance, Project Management, Accounting, and Collateral to analyze financial reporting and provide insights that support decisionmaking and project objectives and efficient workflows.
Partner with vendor’s financial teams to ensure accurate and on time invoicing practices are followed.
Monitor and evaluate monthly financial reporting, ensuring it meets expectations and aligns with strategic business initiatives.
Oversee the creation and validation of comprehensive financial reports and dashboards, utilizing multiple data sources to provide actionable insights to stakeholders.
Provide governance to financial processes and ensure that all financial activities adhere to established guidelines, including Capital Assess Accounting and SOX compliance.
Evaluate and authorize monetary approvals for projects up to $250K ensuring compliance with financial thresholds and organizational policies.
Drive continuous improvements initiatives, identifying opportunities for process enhancements that increase efficiency and accuracy within the financial operations team.
Share best practices and implement new tools and capabilities to optimize financial management processes
Identify root causes of financial discrepancies and collaborate with teams to develop and implement effective mitigation strategies.
Conduct postmortem analyses of financial activities, presenting findings and recommendations for improvement to leadership and business partners
Provide ongoing coaching and feedback to direct reports, supporting their professional development and enhancing team performance.
Facilitate training sessions to ensure team members are proficient in financial tools and practices, promoting a culture of continuous learning
Ensure the accuracy of local and global team activities, providing guidance and feedback to team members and their leadership.
Minimum Qualifications
Bachelor’s Degree and 7 Years Finance and operations
12 Years Direct or Indirect People leadership experience
57 Years Crossfunctional experience within matrix organization
57 Years Project Management
Preferred Skills/Education
Master’s Degree
57 Years Retail experience
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 2024 sales of more than $83 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, 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.