Lowe's India | Lead Senior Auditor - Internal Audit

Core responsibilities

• This position is based at our on-site office in Bengaluru.
• The role is responsible for planning audit engagements, developing audit procedures, directing and reviewing audit testing, and evaluating the adequacy and effectiveness of controls.
• The role partners with management to develop practical recommendations and action plans that address identified risks and control gaps.
• Leads engagement planning, process walkthroughs, and process-level risk assessments to identify significant risks and the controls designed to address them.
• Develops and reviews audit procedures and test steps that evaluate the design and operating effectiveness of key controls.
• Reviews audit workpapers, testing evidence, and conclusions for accuracy, completeness, clear support, and timely resolution of review comments.
• Evaluates business processes and controls for compliance with applicable policies, procedures, laws, regulations, and internal standards, and identifies potential deficiencies or improvement opportunities.
• Provides practical recommendations to strengthen controls, improve process efficiency, and address identified risks.
• Reporting, Stakeholder Management and Follow-Up.
• Develops and communicates audit observations that clearly describe the condition, risk, root cause, business impact, and recommended actions for management consideration.
• Serves as the day-to-day liaison with business stakeholders and external auditors, maintaining open communication on audit objectives, requests, emerging issues, and project status.
• Facilitates discussions with management to support the development of practical action plans and escalates significant issues to the Audit Manager in a timely manner.
• Oversees issue follow-up activities and evaluates supporting evidence to determine whether agreed actions have been implemented as intended.
• Manages engagement timelines, team assignments, and competing priorities to support quality delivery within established milestones.
• Provides day-to-day direction, coaching, and feedback to Senior Auditors, Staff Auditors, and trainees, and identifies opportunities to strengthen team capability.
• Audit Planning and Risk Assessment
• Defines audit objectives, scope, testing approach, project milestones, and resource expectations in coordination with Internal Audit leadership.
• Uses financial and operational data, where applicable, to identify trends, anomalies, control gaps, and areas requiring deeper review.
• Audit Execution and ICFR Testing
• Leads and/or directs the execution of operational audit procedures and assigned ICFR / Sarbanes-Oxley (SOX) Section 404 testing, ensuring work is completed in accordance with Lowe’s Internal Audit methodology and documentation standards.

Requirements

• 6- 9 years of post-qualification experience in internal audit, external audit, accounting, finance, risk advisory, or internal controls.
• Relevant experience in internal audit, external audit, risk advisory, accounting, or internal controls.
• Strong knowledge of internal audit, risk assessment, internal controls, and accounting concepts.
• Strong written and verbal communication, including concise audit reporting.
• Stakeholder management, professional judgment, and problem-solving skills.
• Ability to analyze financial and operational data to support audit conclusions.
• Experience with operational audits and ICFR / SOX 404 testing.
• Retail or other large, complex business environment experience.

Lowe's Companies, Inc.

Lucius Smith Lowe opened Lowe's North Wilkesboro Hardware in North Carolina in 1921, and the business grew into a national chain of home improvement stores. Lowe's went public in 1961, has been listed on the New York Stock Exchange since 1979 and is headquartered in Mooresville, North Carolina. Its stores and website sell building materials, tools, appliances and home and garden products to homeowners and trade customers, and since selling its Canadian retail business in 2023 its stores are all in the United States. Lowe's set up an office in Bengaluru in 2014 to expand its analytics and technology work. Lowe's India Private Limited now operates from Manyata Embassy Business Park in Bengaluru, supporting the company in technology, data science and analytics, omnichannel platforms, supply chain, merchandising, marketing, and financial planning and analysis.

Finance hiring in Bengaluru is weighted towards internal audit, with staff, senior and lead senior auditor roles, including business SOX work, that ask for two to nine years of post-qualification experience. Other openings cover order-to-cash and collections, accounting analytics and reporting, and FP&A planning and forecasting. Seniority runs from associate roles needing two to three years to lead analyst and lead auditor roles. The FP&A role wants a qualified CA, CMA, CIMA or CFA, or an MBA in Finance, while the audit roles look for a degree in accounting or finance and prefer a CA, CPA, CIA or CISA.

• Industry: Home improvement retail: building materials, tools, appliances, and home and garden products sold through stores and online to homeowners and professional customers
• Headquarters: Mooresville, North Carolina, United States (Lowe's Companies, Inc., listed on the NYSE as LOW)
• In India: Lowe's India Private Limited at Manyata Embassy Business Park, Bengaluru; Lowe's set up its Bengaluru office in 2014