The Recovery team is responsible for performing post audits to not identify and collect funds due to Lowe’s but also takes corrective action for identified claims to stop them from recurring. The Internal Recovery team performs audits on vendors identified to have risk and or historical recovery claims, which includes working with Margin Accounting, Merchandising and Vendors. The primary and secondary external post audit firm follows the Internal Recovery team as a second and third pass to determine if additional funds are due to Lowe’s. The Internal Recovery approves all claims of the external firms’ before they are presented to the vendors to review for validity. Additionally, the Recovery Team will assist merchants and vendors with both the cost simplification and dead net process with a focus on ensuring the correct costs are calculated and agreed upon.
For the Accounting Assistant Manager, supervising the post audit function includes development and maintenance of claim concepts and documentation, as well as managing the relationship with the director of each our post audit firms. Additionally, the Assistant Manager is responsible for planning, forecasting and recording the recovery funds collected into CSC margin. At all times, this Assistant Manager communicates and reporting of the post audit process and status, as well as works with various Finance and Merchandising departments to make corrective action.
The candidate for this position will hold a BS or BA Degree in Accounting, Finance, or Business and have 5-7 years of accounting and supervisorial experience.
Must be self motivated, detail oriented, demonstrate excellent written & verbal communication skills, and possess strong leadership skills. This position also requires excellent time management skills, strong analytical and problem solving skills, and the ability to handle multiple tasks simultaneously. Candidates must be proficient in Microsoft Office products including Excel, Access, and Word.
• Inventory cost, reconciliation, and or audit experience, along with strong computer skills (Excel, Access, etc.), is strongly desired.
• PeopleSoft experience is a plus, but not required.
• CPA and/or MBA preferred.
With fiscal year 2011 sales of $50.2 billion, Lowe’s Companies, Inc. is a FORTUNE® 100 company that serves approximately 15 million customers a week at more than 1,745 home improvement stores in the United States, Canada and Mexico. Founded in 1946 and based in Mooresville, N.C., Lowe’s is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.
Lowe's - 17 months ago
No longer a low-profile company, Lowe's Companies has evolved from a regional hardware store operator into a nationwide chain of home...