Job Title Senior Director – Internal Audit

Grade 48
Business Group Internal Audit
Department Name SSB-Internal Audit
Job Function & Job Family Corporate Audit
Role Designation In-Office

About Lowe’s

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 17 million customer
transactions a week in the U.S. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated
in the U.S., where 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 and
helping to develop the next generation of skilled trade experts.

About Lowe’s India: At Lowe's India, we are the enablers who help create an engaging customer experience for our $97 billion home
improvement business at Lowe's. Our 4000+ associates work across technology, analytics, business operations, finance & accounting,
product management, and shared services. We leverage new technologies and find innovative methods to ensure that Lowe's has a
competitive edge in the market. Read more about us at www.lowes.co.in.

About the Team

Job Summary:

The primary purpose of this role is to assist the Vice President of Internal Audit in carrying out the mission of the department as
defined by its charter. This includes responsibility for collaborating with the Vice President and other Senior Directors/Directors of
Internal Audit on the development of an audit plan and supporting risk assessments that focus the audit department on the Company's
most significant risks and regulatory compliance.

Does the concept of Agile Internal Audit interest you? Within Lowe's Internal Audit function, the agile auditing methodology and
mindset are leveraged to focus on the most urgent needs of our business stakeholders. Our team provides timely insights for decision-
making, focuses on what matters for the company, and reduces time wasted in audit cycles and documentation. Sure, evaluating
financial controls is table stakes, but you will be a value-added advisor to the business at Lowe's. Move from the backroom to the front
seat with our audit team!

Roles & Responsibilities:

Core Responsibilities:

 Responsible for leading our quarterly risk assessment process which includes researching external market trends, critical
thinking around core retail fundamentals and collaboration with senior leadership across Lowe’s Companies Inc. to assess
inherent and emerging risks across all functional areas, identify and understand retail trends, and maintain an active
understanding of strategic initiatives to ensure a prioritized set of audit projects are selected for our rolling audit plan.
 Responsible for ensuring all India specific Internal audit regulatory requirements like ICFR and any other emeriging
requirements are identified and incorporated into the IA workplan.
 Oversees multiple teams responsible for developing and deploying the audit methodology, developing and implementing risk-
 based approaches for evaluating strategic, operational and compliance effectiveness, enabling executing reporting to
summarize audit outcomes, and monitoring compliance and assurance activities for the company.
 Assists in the prioritization and deployment of Internal Audit resources among the business areas driving or supporting the
most significant contributions to the evaluation of the Company’s control environment through the execution of the rolling
audit plan.
 Leads internal audit evaluations of significant strategic, financial, operational, and compliance risks in current or future state
processes throughout Lowe’s, including evaluations of risks and controls within steady-state processes in corporate functions
and departments, stores, and distribution centers as well as consultative reviews of new process, policies or technologies as
they are being implemented.
 Manages work performance of audit managers, seniors, and staff through timely feedback, coaching and corrective action to
ensure that all employees are developing appropriately and that top performers are retained.
 Clearly communicates audit results with a strong executive presence across all levels of management, and develops trusting
relationships with business stakeholders through a collaborative and empathetic approach.
 Responsible for the accuracy and quality audit reports, providing feedback on the application of audit techniques and
identifying ongoing departmental training needs for the team.
 Oversees the issue follow-up process to include ensuring the audit team resources are effectively evaluating management
actions or plans to close outstanding audit observations, maintains a communication with management on issue status
quarterly and properly escalates/applies resolution when issues are off track.
 Develops timely executive summary materials to be incorporated into the global Audit Committee communications and takes
full responsibility to present the executive summary materials to the India board.
 Seeks opportunities to simplify and improve existing processes by maintaining a network of peers throughout the
organization, staying ahead of changes in the business, researching trends in compliance, and spreading better practices
identified from prior audits.
 Owns coaching and professional development for their respective team members, ensures individuals on their teams establish
goals to enable the department’s objectives, and evaluates talent at scheduled intervals throughout the year.
 Communicates frequently with the Vice President and team on the progress of the audits and keeping the team appraised of
any issues raised during communications with management.
 Assists in the development and management of the budget.

Years of Experience:

We are seeking an experienced audit leader who has successfully planned and executed comprehensive risk audits, including
evaluations of corporate functions, stores, and distribution centers. Also, establishes and maintains quality assurance processes to
ensure the integrity and objectivity of the audit function's work.
 12+ years of experience in audit or relevant work
 3 years of experience as an Audit Manager or equivalent
 5 years of leadership experience with direct report responsibility

Education Qualification & Certifications (optional)

Required Minimum Qualifications:

Master’s Degree in accounting, finance or related field

Chartered Accountant (CA), Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), or Certified Internal
Auditor (CIA)

Skill Set Required

Primary Skills (must have)

 Focus on Customers: Ensures the organization delivers SMART customer service. Creates a sense of urgency for meeting
customer needs. Establishes organizational partnerships with key customers. Fosters an omni-channel, customer-focused
environment.
 Deliver Results: Motivates the organization to achieve meaningful results. Inspires and models a culture of perseverance.
Removes organizational level barriers to getting things done. Achieves results that have a direct impact on business
performance.
 Take Action: Builds an environment that emphasizes initiative and urgency. Models and inspires a cando attitude. Responds
quickly to new business opportunities. Leads the way when significant challenges arise.
  Show Courage: Confronts actions that are inconsistent with the organization’s mission. Fosters a culture that supports taking
well-reasoned risks. Takes a stand for the organization in the face of adversity. Leads the organization through times of crises
and significant change.
 Continue Learning: Continuously seeks feedback and opportunities to improve own leadership ability. Creates a culture that
emphasizes and reinforces ongoing learning and development. Anticipates how business changes will impact development
needs. Sponsors organization-wide initiatives that build leadership capability.
 Assess & Develop Talent: Evaluating and developing people to effectively manage performance, fill talent gaps and help meet
both personal and organizational goals. (Leadership Behavior)
 Champion Lowe’s Mission: Painting a compelling picture of the Lowe’s mission that inspires others to action. (Leadership
Behavior)
 Drive Engagement: Creating a climate where associates feel valued and motivated to do their best to help Lowe’s achieve its
objectives. (Leadership Behavior)
Secondary Skills (desired)

Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed,
sex, gender, age, 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 state or local
law. Lowe’s wishes to maintain appropriate standards and integrity in meeting the requirements of the Information Technology
Act’s privacy provisions.