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**About Lowe’s**

Lowe’s India, the Global Capability Center of Lowe’s Companies Inc., is a hub for driving our technology, business, analytics, and shared services strategy. Based in Bengaluru with over 4,500 associates, it powers innovations across omnichannel retail, AI/ML, enterprise architecture, supply chain, and customer experience. From supporting and launching homegrown solutions to fostering innovation through its Catalyze platform, Lowe’s India plays a pivotal role in transforming home improvement retail while upholding strong commitment to social impact and sustainability. For more information, visit Lowes India

**About the Team**

The Accounting Department is responsible for ensuring accurate financial management across various functions, including Customer Payments Accounting, Cost and Margin Analysis, Vendor Set-Up and Maintenance, Expenses Payables, Invoice Processing and Capital Assets, and Inventory Accounting. This role involves maintaining and reconciling the General Ledger, ensuring the reporting of accurate balances of P&L and Balance Sheet, processing invoices, and supporting comprehensive Reporting and Analytics to guide business decisions. The department also plays a key role in transforming IT tools and systems to streamline accounting processes, improve data accuracy, and enhance overall efficiency, contributing to the company’s financial integrity and operational success.

**Job Summary**:
**Roles & Responsibilities**:
**Core Responsibilities**:

- ** Daily Activities**
- Record and process daily sales transactions, vendor invoices, payments/receipts into the accounting system.
- Reconcile cash registers and ensure daily banking processes are followed.
- Perform inventory accounting and ensure proper documentation of merchandise movement.
- Review and process vendor invoices and ensure timely payments.
- Assist in following up on customer payments and process accounts receivable transactions.
- Prepare accounts payable and accounts receivable reports for management review.
- ** Month-End Close**:

- Support in the accruals, prepayments, and adjustment journal entries.
- ** Compliance & Audit**:

- Ensure compliance with internal controls, policies, and procedures in retail accounting.
- Assist in audits and other regulatory financial reporting requirements.
- ** Cross-functional Collaboration**:

- Collaborate with business operations teams to resolve discrepancies if any with interacton with the related teams.

**Specific Responsibilities**:

- Address escalations from stores related to Gift Cards, Payment Services and Daily Summary discrepancies.
- Perform reconciliation of Balance Sheet General Ledgers.
- Collaborate with third-party vendors to resolve issues related to Gift Cards.
- Generate Daily Summary exception reports and address issues by posting corrective journal entries.
- Resolve issues related to missing invoices and sales/refund variances and FITS Failures.
- Address variances arising from Daily Summary and Gift Card transactions (GLSR730A).
- Manage unmatched transactions resulting from Third Party Gift Card sales (e.g., Blackhawk).
- Collaborate efficiently within the team, balancing multiple processes effectively.
- Enhance customer satisfaction by ensuring all activities meet TAT and are completed with 100% quality.
- Provide ad hoc reporting as requested.
- Work cross-functionally with accounting teams to facilitate issue resolution.
- Extract, cleanse, convert, and present data to meet specified requirements.
- Demonstrate team support by addressing business challenges outside of primary responsibilities when needed.
- Update Desktop Procedures (DTPs) on a quarterly basis.
- Ensure 100% accuracy and timeliness in all deliverables.

**Years of Experience**:

- 1-2 years of retail accounting experience.
- Experience with accounting software (e.g., Open text, People Soft, Mainframe etc) is a plus.
- Familiarity with POS systems and retail software

**Education Qualification & Certifications (optional)**

**Required Minimum Qualifications**:

- Bachelor’s degree in accounting, Finance, Business Administration, or a related field (or equivalent experience)

**Skill Set Required**

**Primary Skills (must have)**
- Strong knowledge of accounting principles.
- Excellent attention to detail and accuracy.
- Strong analytical and problem-solving skills.
- Ability to handle confidential information with integrity.
- Proficiency in Microsoft Office Suite, especially Excel.
- Strong organizational and time-management skills.

**Secondary Skills (desired)**
- Ability to work under pressure in a fast-paced dynamic environment.
- Team player with good communication and interpersonal skills.
- Willingness to learn and take on new responsibilities
- 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, sexua