Principal Accountant

Do your Best Work in Mooresville
This position is based at our headquarters in Mooresville, North Carolina. Our corporate office is a space where you can collaborate and do your best work. Take a walk, grab a bite (or a cup of coffee), work out or get a check-up - we invest in you so you can find your inspiration.
Your Impact
The primary purpose of this role is to capture complex transactions in accounting records and resolve issues to enable accurate reporting on a monthly, quarterly, and annual basis. This includes responsibility for conducting effective research, managing, tracking, and reporting for accounting transactions to ensure accurate recording in accounting records. In addition, this role executes and designs continuous improvement of internal controls over financial reporting, by working independently to apply experienced accounting judgment and advanced knowledge of GAAP and regulatory requirements in daily activity.
What You Will Do

• Executes complex financial activities in a timely and efficient manner, applying advanced accounting knowledge, judgment, and understanding of complex systems, business processes, and applicable accounting, tax, and regulatory requirements.
• Performs complex analysis (i.e. historical, forecasting, impact, etc.) and reconciliations to support monthly, quarterly and annual closing cycles according to prescribed rates, laws, and regulations, with a focus on areas that require understanding of complex GAAP and/or tax rules
• Research and resolve complex financial transactions independently, including those escalated from Accountants or Senior Accountants
• Ensure appropriate supporting documents, provisions, and other details for financial activities and entries are maintained and provided to appropriate stakeholders
• Communicate effectively within the team, across other functions with leaders, and directly with external auditors to resolve audit questions and issues
• Partner with team and the business in order to identify transaction issues and procedure improvement opportunities to more effectively support the needs of the Finance organization
• Lead and execute specials projects and resolution of non-reoccurring complex accounting issues within the respective area to deliver optimal solutions to financial issues
• Work with external (regulatory and third party) and independent auditors for transactions to provide required data and information to ensure accuracy
• Design and oversee testing around financial controls to support SOX compliance for respective financial area
• Mentors and trains Accountant and Senior Accountant associates in the development of accounting skills, knowledge of key principles, regulations etc.

Minimum Qualifications

• Bachelor's degree Business, Finance, Economics, Accounting or related field or equivalent years of experience in lieu of education requirement, if applicable
• 5 years experience in accounting, tax, finance (public or private) or relevant experience
• Demonstrated understanding of advanced GAAP concepts and financial controls (to apply this knowledge to the design and execution of activities within the respective area)
• Advanced skills in MS office programs (Excel, Word, Access)

Preferred Skills/Education

• Master's degree Business, Finance, Economics, Accounting or related field
• Lowe's finance or accounting experience
• Certified Public Accountant (CPA) CPA or CPA Candidate

About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company with total fiscal year 2025 sales of more than $86 billion. Lowe's employs approximately 300,000 associates and operates over 1,750 home improvement stores, 540 branches and 120 distribution centers. Lowe's is a core value S&P 500 equity stock and a dividend aristocrat. 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.