Assistant Controller
Smith & Nephew • Memphis, Tennessee • Full Time
Posted on Tue, Oct 13, 2026
Life Unlimited. At Smith+Nephew, we design and manufacture technology that takes the limits off living.
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.
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.
You. Unlimited.
We believe in creating the greatest good for society. Our strongest investments are in our people and the patients we serve.
Inclusion and Belonging - Committed to welcoming, celebrating, and thriving on inclusion and belonging. Learn more about Employee Inclusion Groups on our website.
Your Future: 401k Matching Program, 401k Plus Program, Discounted Stock Purchase Plan, Tuition Reimbursement
Work Life Balance: Flexible Personal and Vacation Time Off, Paid Holidays, Flex Holidays, Paid Community Service Day
Your Wellbeing: Medical, Dental, Vision, Health Savings Account with employer contribution, Employee Assistance Program, Parental Leave, Fertility and Adoption Assistance Program
Flexibility: Hybrid Work Model for most professional roles
Training: Hands on, team customized learning and mentorship
Extra Perks: Discounts on fitness clubs, travel, and more!
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.
Stay connected by joining our Talent Community.
We're more than just a company - we're a community! Follow us on LinkedIn to see how we support and empower our employees and patients every day.
Check us out on Glassdoor for a glimpse behind the scenes and a sneak peek into You. Unlimited., life, culture, and benefits at S+N.
Explore our website and learn more about our mission, our team, and the opportunities we offer.
AuditFriendly salary estimate
The employer did not post a salary for this role. Based on AuditFriendly's salary intelligence model (comparable live postings, role, seniority, and location), we estimate base pay of $105,000–$160,000 per year (median ~$125,000). This is an AuditFriendly estimate, not an employer-provided figure.
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What the data says about this job
- Advertised pay for Assistant Controller: a median of $120,000 across 1,071 priced postings. Explore the market
Measured from employers' own postings and public filings. How we measure