R2RAnalyst-Inventory

Role: Finance Analyst Location: Kharadi, Pune **Life Unlimited.** At Smith+Nephew, we design and manufacture technology that takes the limits off living. The E&O Inventory Finance Analyst is a core role within Smith & Nephew’s Inventory Control organisation, responsible for the day-to-day operation and continuous improvement of the models, data processes, and controls that underpin Excess & Obsolescence (E&O) and Lifecycle Management (LCM) reserves — covering approximately 60,000 SKUs across a multi-year phase-out horizon. Reporting to the E&O Inventory Finance Manager, the role will operate the Excel-based calculation models, work from the Unified Data Platform (UDP), support internal and external audit, and actively improve the processes you run. The role will engage with regional finance teams and auditors globally. This is a role for someone who is technically precise, naturally improvement-oriented, and takes pride in creating and maintaining right-first-time outputs. **What will you be doing?** ** Reserve Calculation & Model Maintenance (30%)** * Operate and continuously improve the central Excel-based E&O and LCM reserve calculation models across all regions and entities * Ensure models are robust, version-controlled, and fully documented; implement approved methodology and parameter changes under COE governance * Standardise inputs and calculation logic to reduce manual intervention and reconciliation effort **Data & Analytics (UDP) (10%)** * Extract, structure, and prepare data from UDP to feed into E&O and LCM reserve calculation models, ensuring inputs are clean, complete, and reconciled * Validate UDP outputs against financial postings and reserve movements; investigate and resolve discrepancies * Partner with IT/Data teams to resolve data quality issues and maintain UDP as the single source of truth **Governance, Controls & Audit Support (20%)** * Prepare audit-ready workpapers and respond to internal and external audit queries on E&O and LCM reserves *