Associate LPS

About Lowes
Lowes is a FORTUNE 100 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, Lowes operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowes 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 Lowes India
Lowes India, the Global Capability Center of Lowes 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, Lowes 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
Accounts Payable activity involves the management of a companys outstanding bills and invoices. This includes receiving and recording invoices from vendors, verifying the accuracy of the invoices against purchase orders and contracts, and ensuring timely payment to suppliers. Accounts Payable departments often handle vendor inquiries, resolve discrepancies, and maintain records of all transactions.
Job Summary
The Associate role focuses on coding and processing of A/P invoices, reviewing for proper documentation and approval, analyzing invoices received and input invoices into Accounts Payables system, communicate with vendors and resolves questions or discrepancies.
Roles & Responsibilities
Core Responsibilities:

• Ensure 100% completion of the assigned processes tasks within TAT/SLA and accuracy percentage of 98%
• Meet the assigned deliverables of processing on multiple type of invoices and ensure to meet the productivity goal of 100% for self and the team.
• Stay 100% productive by taking process ownership and deliver KPIs to ensure consistent performance.
• Proactively identify opportunity areas for process improvement and propose initiatives to add value to the business.

• Support the additional workload within or beyond the respective processes as and when required.
• All the suggestions shall be routed through appropriate channel or governance structure to implement any ideas.
• Understand the importance of control checks and reinforce it to have zero tolerance to errors.
• Maintaining an effective communication bridge between various stakeholders and team for efficient workings.
• Follow the escalation matrix and keeping the ops lead/managers informed on all process changes/escalations in advance.
• Works in collaboration with Senior Associates and Specialist to understand challenges/concerns.
• Right level of connect between SSCB and LPS (US) team for having a better communication and collaboration.
• Automation / RCA ideas/ Process standardization or process autonomy
  

Years Of Experience

• 1-3 years relevant experience in the domain of P2P and Expense Invoice processing domains OR
• Relevant work experience in Finance and accounting, invoice processing, accounts payables or related roles for total of 2 + year experience in lieu of education
• Experience in vendor statement reconciliation.
  

Education Qualification & Certifications (optional)

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Required Minimum Qualifications

• Bachelor of Commerce (Accounting & Finance)
  

Skill Set Required
Primary Skills (must have)

• Experience of invoice processing, working on ERP/or other related systems and accounting knowledge
• Experience working with Excel and other data/reporting tools.
• Excellent writing and communication skills.
• Experience of stakeholder/client management and trainer work.
• Excellent problem-solving and time management skills
• Experience in vendor statement reconciliation.
  

Lowes 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.
Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.