Sr Associate - Finance Shared Services-90

Job Description

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 . About the Team The T&E team works closely with employees across the organization to review and validate travel and expense reports, ensuring that all expenses are appropriately categorized, documented, and meet compliance standards. In addition, the team collaborates with vendors, such as travel agencies and hotels, to resolve discrepancies or issues related to invoices and billing. Job Summary: Travel and Expense (T&E) Sr Associate The Travel and Expense (T&E) Sr Associate will play a critical role in managing the company s travel and expense program within the Accounts Payable department. This individual will be responsible for overseeing the full lifecycle of employee travel and expense submissions, ensuring that all travel-related expenditures are processed accurately, comply with company policies, and are appropriately reflected in the financial system. As a key member of the Accounts Payable team, the T&E Sr Associate will work closely with internal stakeholders including employees, department managers, and the finance team to maintain an efficient and compliant expense management process. The role requires a combination of strong organizational skills, attention to detail, and a deep understanding of both company policy and industry best practices for managing corporate travel and expenses. Roles & Responsibilities: Core Responsibilities: Expense Report Processing - Review and process employee travel and expense reports, ensuring compliance with company policies & corporate credit card guidelines. Policy Compliance - Ensure adherence to the companys travel and expense policies, including the proper categorization of expenses, receipt collection, and adherence to spending limits. Reconciliation and Reporting - Reconcile corporate credit card statements and employee expense reports with accounting records. Ensure that all expenses are properly documented and accounted for in the company s financial systems. Audit and Documentation - Conduct periodic audits to ensure compliance with company travel and expense policies. Maintain organized records of travel documentation, receipts, and expense reports in compliance with internal control and audit requirements. Years of Experience: 3-5 years of relevant experience in Travel & Expense Process. Prior Proven experience in Corporate card processes and T&E Operating knowledge & exposure to ERP systems ( COUPA/SAP Concur ) Education Qualification & Certifications (optional) Required Minimum Qualifications : Bachelor s degree in Accounting, Finance, Business Administration, or related field preferred, or equivalent work experience. Excellent verbal and written communication skills, with the ability to communicate effectively with employees at all levels of the organization. Proficiency in Microsoft Excel, and experience with expense management software (e.g., Concur, SAP, Coupa) is highly preferred. Ability to independently troubleshoot and resolve issues related to expense reports, corporate credit card transactions, and vendor billing discrepancies. Skill Set Required Primary Skills (must have) Expertise in processing employee travel and expense reports accurately and efficiently. Clear and effective communication with employees at all levels, providing guidance on expense report submissions, policy adherence, and answering inquiries related to T&E matters. Strong analytical skills to identify discrepancies in expense reports and investigate potential issues. Ability to manage multiple tasks and meet deadlines in a fast-paced environment. Ability to thoroughly review each expense report, cross-check supporting documentation, and ensure all entries are accurate before processing payments. Secondary Skills (desired) Familiarity with continuous process improvement methodologies to help streamline T&E processes and reduce inefficiencies. Ability to collaborate effectively with other departments, including HR, procurement, and finance, to ensure smooth processing of travel-related expenses. Intermediate Excel Skills.