Senior Supply Chain Finance Analyst - Inventory

A Senior Supply Chain Finance Analyst – Inventory at Smith & Nephew operates at the intersection of finance and operations, guiding inventory valuation, internal controls, and cost accounting within a complex ERP environment. Located in Fort Worth, Texas with a hybrid work arrangement, this role partners across Supply Chain, Manufacturing, Quality, and Finance to ensure accurate costing and inventory integrity in a dynamic, fast-paced setting.

Responsibilities

• Analyze and validate inventory adjustments, ensuring the financial impact is correct and auditable.
• Perform Purchase Price Variance analysis and collaborate with Procurement and Finance to identify root causes and corrective actions.
• Identify and resolve Unit of Measure discrepancies that affect 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 aid operational and leadership decision-making.
• Ensure ERP transactions are accurate, timely, and compliant with standard operating procedures and internal controls.
• Work with Manufacturing and Warehousing teams to ensure proper material movements and inventory integrity.
• Support internal and external audits by providing documentation, reconciliations, and analytical support.
• Lead and coordinate inventory cycle counts, investigate variances, and implement corrective actions.
• Drive continuous improvement initiatives focused on inventory accuracy, cost control, and process efficiency.

Requirements

• Bachelor’s degree in Finance, Inventory Management, Business Analytics, Industrial Engineering, or a related field.
• 5+ years of relevant experience.
• 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.
• Attention to detail and a 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.

Benefits

• 401k Matching Program
• 401k Plus Program
• Discounted Stock Options
• Tuition Reimbursement
• Medical, Dental, Vision
• Health Savings Account with employer contribution
• Parental leave
• Fertility and adoption assistance
• Employee Assistance Program
• Flexible vacation time
• Paid holidays
• Flex holidays
• Paid community service day
• Hybrid work model for most professional roles
• Hands-on training, mentorship, and team-based development
• Discounts on fitness clubs
• Discounts on travel

Inclusion & Belonging

• Your Future – 401k Matching Program, 401k Plus Program, Discounted Stock Options, Tuition Reimbursement.
• Work/Life Balance – Flexible vacation time, paid holidays, flex holidays, and paid community service day.
• Your Wellbeing – Medical, dental, vision, Health Savings Account with employer contribution, parental leave, fertility and adoption assistance, and Employee Assistance Program.
• Flexibility – Hybrid work model for most professional roles.
• Growth & Development – Hands-on training, mentorship, and team-based development.
• Extras – Discounts on fitness clubs, travel, and more.