R Senior Manager Kharadi
R Senior Manager Kharadi
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Kharadi, India
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Posted: a week ago
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Description
Role: Finance Manager
Location: Kharadi, Pune
Life Unlimited. At Smith+Nephew, we design and manufacture technology that takes the limits off living.
The E&O; PRISM Finance Manager is a core role within Smith & Nephew’s Inventory Control organisation and the global process owner for Excess & Obsolescence (E&O;) and Lifecycle Management (LCM) reserves — a material balance sheet area covering approximately 60,000 SKUs across a multi-year phase-out horizon, and one of the most complex and high-scrutiny areas of the Orthopedics International finance function.
This is a thought leadership role as much as a technical one. The role will own the methodology, the models, and the governance of E&O; — and be expected to continuously evolve all three. The role will ensure the appropriateness of LCM reserve expenditure, maintain the integrity of the Group Reserve reconciliation, lead a global network of E&O; Champions, and partner with the analytics team to build out Power BI-based transparency reporting of E&O; actuals. Role will manage a small team of analyst and be the primary interface to regional controllers, auditors, and senior finance leadership on all E&O; and LCM reserve matters.
The right candidate will bring structure to a complex space, raise the bar on process discipline, and have the credibility to engage at CFO level on reserve movements and methodology.
What will you be doing?
Methodology & Model Ownership (25%)
Own the E&O; and LCM reserve methodology end-to-end — ensuring it is technically sound, consistently applied, and evolves with the business Maintain and continuously improve the Excel-based reserve calculation models; drive the transition toward system-based calculation in Tagetik / SPAR (Spare Parts and Reserve system) Ensure models are robust, version-controlled, auditable, and documented to a standard that withstands Big 4 scrutiny Challenge and improve the logic underpinning reserve calculations where assumptions have drifted, data quality has weakened, or Apply on Kit Job: kitjob.in/job/4lribu
Location: Kharadi, Pune
Life Unlimited. At Smith+Nephew, we design and manufacture technology that takes the limits off living.
The E&O; PRISM Finance Manager is a core role within Smith & Nephew’s Inventory Control organisation and the global process owner for Excess & Obsolescence (E&O;) and Lifecycle Management (LCM) reserves — a material balance sheet area covering approximately 60,000 SKUs across a multi-year phase-out horizon, and one of the most complex and high-scrutiny areas of the Orthopedics International finance function.
This is a thought leadership role as much as a technical one. The role will own the methodology, the models, and the governance of E&O; — and be expected to continuously evolve all three. The role will ensure the appropriateness of LCM reserve expenditure, maintain the integrity of the Group Reserve reconciliation, lead a global network of E&O; Champions, and partner with the analytics team to build out Power BI-based transparency reporting of E&O; actuals. Role will manage a small team of analyst and be the primary interface to regional controllers, auditors, and senior finance leadership on all E&O; and LCM reserve matters.
The right candidate will bring structure to a complex space, raise the bar on process discipline, and have the credibility to engage at CFO level on reserve movements and methodology.
What will you be doing?
Methodology & Model Ownership (25%)
Own the E&O; and LCM reserve methodology end-to-end — ensuring it is technically sound, consistently applied, and evolves with the business Maintain and continuously improve the Excel-based reserve calculation models; drive the transition toward system-based calculation in Tagetik / SPAR (Spare Parts and Reserve system) Ensure models are robust, version-controlled, auditable, and documented to a standard that withstands Big 4 scrutiny Challenge and improve the logic underpinning reserve calculations where assumptions have drifted, data quality has weakened, or Apply on Kit Job: kitjob.in/job/4lribu
Highlights
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Company nameSmith+Nephew
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Job positionR Senior Manager Kharadi
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