Senior Supply Chain Finance Analyst - Inventory

Senior Supply Chain Finance Analyst – Inventory

At Smith+Nephew, we design and manufacture technology that takes the limits off living. We are proud to support healthcare professionals and patients worldwide through innovation, collaboration, and operational excellence.

The Senior Supply Chain Finance Analyst – Inventory plays a critical role at the intersection of Finance and Operations. This position ensures accurate inventory valuation, strong internal controls, and efficient material flow by partnering closely with Supply Chain, Manufacturing, Quality, and Finance teams. The role supports compliance, data integrity, and decision-making within a complex ERP environment.

What Will You Be Doing?

• Analyze, validate, and correct inventory adjustments with appropriate financial impact and audit traceability
• Perform Purchase Price Variance (PPV) analysis and partner with Procurement and Finance to identify root causes and corrective actions
• Identify and resolve Unit of Measure discrepancies impacting inventory accuracy and financial reporting
• Maintain and update Bills of Materials to support accurate costing, production, and planning
• Support month-end and year-end close activities related to inventory and cost accounting
• Prepare inventory and cost analysis reports to support operational and leadership decision-making
• Ensure ERP transactions are accurate, timely, and compliant with standard operating procedures and internal controls
• Collaborate with Manufacturing and Warehousing teams to ensure accurate material movements and inventory integrity
• Support internal and external audits by providing documentation, reconciliations, and analytical support
• Lead and coordinate inventory cycle counts, including variance investigation and corrective actions
• Drive continuous improvement initiatives focused on inventory accuracy, cost control, and process efficiency

What Will You Need To Be Successful?

• Bachelor's degree in Finance, Inventory Management, Business Analytics, Industrial Engineering, or a related field
• 5+ years of related experience required
• Strong analytical skills with the ability to interpret inventory and cost data
• Experience working within ERP systems and data-driven environments
• Ability to collaborate effectively across cross-functional teams
• Strong attention to detail and commitment to compliance and process integrity
• Excellent written, verbal, and presentation communication skills
• Ability to manage multiple priorities and meet deadlines in a fast-paced operations environment

Smith+Nephew provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability.