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Assistant Controller - Memphis Manufacturing

Smith+Nephew

Memphis, TNHybridPosted 20 days ago
Full TimeSenior LevelCorporate FunctionsMedical Device
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Summary

As the Assistant Controller, Memphis Manufacturing, you will serve as a key finance leader and trusted business partner supporting the Site Controller and Memphis manufacturing leadership team. In this highly visible role, you will help drive the site's financial operating rhythm through accurate financial reporting, disciplined forecasting and budgeting, strong internal controls, effective month-end close execution, and actionable manufacturing cost analysis.

Job description

You will play a critical role in translating operational performance into financial insight, helping leaders make informed decisions that improve efficiency, cost performance, and business results. This position offers the opportunity to collaborate across Operations, Supply Chain, Engineering, Quality, FP&A, Finance Operations, Corporate Controllership, and Audit teams while supporting one of Smith+Nephew's key manufacturing sites.

What will you be doing?

  • Partner with the Site Controller to lead the site's monthly financial close process, ensuring timely and accurate reporting.
  • Support forecasting, annual operating plans, budgeting activities, and ongoing financial performance reviews.
  • Analyze manufacturing performance, operating expenses, and cost center results to identify risks, opportunities, and improvement actions.
  • Monitor and explain manufacturing variances including material usage, purchase price variance, labor, overhead, scrap, yield, absorption, productivity, and inventory movements.
  • Support standard costing processes, inventory valuation activities, and financial controls related to manufacturing operations.
  • Provide financial insight and recommendations to site leadership, helping connect operational activity to financial outcomes.
  • Drive compliance with accounting policies, internal controls, SOX requirements, and audit expectations.
  • Partner closely with Operations, Supply Chain, Engineering, Quality, and Finance stakeholders to improve performance and decision-making.
  • Support internal and external audits, ensuring readiness and timely resolution of findings.
  • Identify opportunities to simplify processes, improve data quality, and enhance reporting and analytics capabilities.

What will you need to be successful?

Education

  • Bachelor's degree in Accounting, Finance, or related field required.
  • CPA preferred.
  • MBA or advanced Finance/Accounting degree preferred.

Experience

  • 7+ years of progressive accounting, controllership, cost accounting, and/or finance experience.
  • Manufacturing finance, cost accounting, or operational finance experience preferred.
  • Prior experience as an Assistant Controller, Accounting Manager, Cost Accounting Manager, Finance Manager, Plant Finance Lead, or similar role preferred.
  • Strong knowledge of: Financial close and reporting processes, General ledger accounting, Forecasting and budgeting, OPEX management, Variance analysis, Standard costing, Inventory valuation, Internal controls and audit support.
  • Experience analyzing manufacturing variances, including material usage, labor, overhead, productivity, scrap, yield, purchase price variance, absorption, and inventory movements preferred.
  • ERP experience required; SAP experience strongly preferred.
  • Advanced Excel and financial modeling capabilities required.
  • Power BI or similar reporting and analytics tools preferred.

What characteristics will make you successful?

  • Strong controllership mindset with a commitment to financial accuracy, compliance, and accountability.
  • Ability to translate complex financial and operational data into actionable business insights.
  • Proven capability to manage competing priorities in a fast-paced manufacturing environment.
  • Excellent partnership and communication skills with both finance and non-finance stakeholders.
  • Sound judgment, strong problem-solving abilities, and a proactive approach to risk identification and resolution.
  • Continuous improvement mindset focused on simplifying processes, improving controls, and enhancing business performance.
  • Demonstrates the Smith+Nephew Way to Win through ownership, urgency, collaboration, and execution excellence.

Travel

Less than 5% travel.

Physical Demands

Office-based role with regular interaction on the manufacturing site as needed.

Requirements

  • Bachelor's degree in Accounting, Finance, or related field required.
  • 7+ years of progressive accounting, controllership, cost accounting, and/or finance experience.
  • ERP experience required.
  • Advanced Excel and financial modeling capabilities required.
  • Strong knowledge of financial close and reporting processes.
  • Strong knowledge of general ledger accounting.
  • Strong knowledge of forecasting and budgeting.
  • Strong knowledge of OPEX management.
  • Strong knowledge of variance analysis.
  • Strong knowledge of standard costing.
  • Strong knowledge of inventory valuation.
  • Strong knowledge of internal controls and audit support.
  • CPA preferred.
  • MBA or advanced Finance/Accounting degree preferred.
  • Manufacturing finance, cost accounting, or operational finance experience preferred.
  • Prior experience as an Assistant Controller, Accounting Manager, Cost Accounting Manager, Finance Manager, Plant Finance Lead, or similar role preferred.
  • Experience analyzing manufacturing variances preferred.
  • SAP experience strongly preferred.
  • Power BI or similar reporting and analytics tools preferred.

Benefits

  • 401(k) Matching
  • 401(k) Plus
  • Discounted Stock Purchase
  • Tuition Reimbursement
  • Flexible Time Off
  • Paid Holidays
  • Flex Holidays
  • Paid Community Service Day
  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Health Savings Account
  • Employee Assistance Program
  • Parental Leave
  • Fertility & Adoption Assistance
  • Hybrid Work Model
  • Fitness Club Discounts
  • Travel Discounts

Company overview

Smith+Nephew is a global portfolio medical technology company with a rich history dating back to 1856, originally founded as a chemist shop in Hull, UK. The company specializes in the repair, regeneration, and replacement of soft and hard tissue through innovative medical devices and technologies. Operating through three core business units—Orthopaedics, Sports Medicine & ENT, and Advanced Wound Management—Smith+Nephew serves healthcare professionals and patients in over 100 countries worldwide. With approximately 18,000 employees, the company generated annual sales of $5.5 billion in 2023 and is listed on both the London Stock Exchange (FTSE100) and New York Stock Exchange. Their product portfolio includes joint replacement systems, robotics-assisted surgical platforms, sports medicine implants, advanced wound care solutions, and ENT technologies. The company is pioneering new frontiers in medical technology, including Spatial Surgery systems that integrate augmented reality and real-time data processing for enhanced surgical precision. Smith+Nephew's mission centers on their "Life Unlimited" purpose, aiming to restore patients' bodies and self-belief through technological innovation that removes limitations on living.

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