Amgen

Finance Manager – Standard Costing Ops finance

Amgen  •  Hyderabad, IN (Onsite)  •  21 days ago
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Job Description

Career Category

Finance

In this vital role, you will own and lead standard costing activities within Ops Finance for designated manufacturing sites or regions. You will act as a subject‑matter expert for standard costing and inventory accounting and provide oversight, governance, and leadership across the process.

Key responsibilities include but are not limited to:

  • Support the end‑to‑end annual standard costing process, including planning, execution, review, and governance. This includes updates to clinical costing and Raw Material costing.
  • Oversees product-costing updates in SAP S/4Hana
  • Ensure accuracy and integrity of material, BOM, routing, labor, and overhead standards in SAP
  • Lead absorption costing, excess capacity analysis, and related accounting assessments
  • Oversee inventory accounting and valuation, including monthly close, reconciliations, and roll‑forwards
  • Perform and review detailed cost and inventory variance analysis, providing insights to global stakeholders
  • Act as a key finance partner to Manufacturing, Supply Chain, Cost Accounting and Operations Finance teams
  • Support S/4HANA implementation, enhancements, and global standardization of costing processes
  • Drive process improvements, automation, and digital initiatives within standard costing and inventory accounting
  • Manage and review work performed by junior team members or outsourced service providers, as applicable
  • Assist to provide responses to internal and external audits related to inventory and costing
  • Support strategic initiatives related to network optimization, new product introductions, and business expansions

What we expect of you

The professional we seek is a strong finance leader with deep technical expertise and a transformation mindset:

Basic Qualifications

  • Bachelor’s degree in Finance, Accounting, or related field
  • Minimum 7 years of progressive experience in cost accounting, manufacturing finance, or inventory accounting
  • Proven experience owning standard costing processes in a complex manufacturing environment
  • Strong working knowledge of SAP / S/4HANA
  • Fluency in English

Preferred Qualifications

  • Chartered Accountant / Certified Public Accountant or MBA (Finance)
  • Audit or Big 4 Public Accounting experience
  • Experience in pharmaceutical or biotech manufacturing environments
  • Strong knowledge of US GAAP inventory accounting
  • Excellent analytical, communication, and organizational skills
  • Ability to operate effectively in a global, cross‑functional, matrixed organization
  • Mindset to drive transformation and optimize processes
  • Ability to take initiative and work with a minimum level of direction in a fast-paced environment
Amgen

About Amgen

Amgen harnesses the best of biology and technology to fight the world’s toughest diseases, and make people’s lives easier, fuller and longer. We helped establish the biotechnology industry, and we remain on the cutting-edge of innovation, using technology and human genetic data to push beyond what’s known today. Our investment in research and development has yielded a robust pipeline that builds on our existing portfolio of medicines to treat cancer, heart disease, osteoporosis, inflammatory diseases and rare diseases.

Amgen is one of 30 companies comprising the Dow Jones Industrial Average®, and part of the Nasdaq-100 Index®. In 2024, Amgen was named one of the “World’s Most Innovative Companies” by Fast Company and one of “America’s Best Large Employers” by Forbes.

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Industry
Biotech & Life Sciences
Company Size
10,000+ employees
Headquarters
Thousand Oaks, CA
Year Founded
1980
Website
amgen.com
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