Associate - Accounting

Innovate in Bengaluru This position is based at our on-site office in Bengaluru. Lowe's offers an ultramodern work environment, complete with cutting-edge technology, collaborative workspaces, an on-site gym and clinic, and other perks to enhance your work experience.        About Lowe’s Lowe’s is a FORTUNE® 100 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2025 sales of more than $84 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 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. I.

The Associate – Accounting will be responsible for supporting day-to-day accounting operations, including inventory accounting, account reconciliations, bank reconciliations, invoice processing, journal entries, month-end close activities, and financial reporting. The role will focus on ensuring the accuracy, completeness, and timely processing of financial transactions in accordance with established accounting policies and procedures. The Associate will work closely with team members and cross-functional stakeholders to resolve accounting issues, support process improvements, and maintain accurate financial records. The individual should have a good working knowledge of accounting principles, US GAAP, and SOX controls, and should be able to support documentation and information requests from Internal and External Audit teams. Experience with GL accounting, balance sheet reconciliations, ERP systems such as Oracle, and MS Excel will be preferred. II. Roles & Responsibilities:

(Accounting Department) · Daily Activities o Perform daily, weekly, and monthly reconciliations for sales, inventory, and cash accounts. o Ensure accurate and timely processing of financial data from locations and e-commerce platforms. o Process invoices ensuring timely payment to Vendors. o Validate and correct the discreapencies in Inventory o Identify and resolve discrepancies between system data and actual transactions · Month-End Close: o Support the month-end close process by preparing journal entries, account reconciliations, andbalance sheet reviews. o Ensure accuracy and compliance with GAAP and company policies. · Process