Amgen - Senior Associate - Finance - Standard Costing Opeations

Description:

In this vital role, you will support the Operations Finance team, with a primary focus on standard costing execution and analysis across Amgens manufacturing network. You will work closely with global stakeholders and play a key role in ensuring accurate product costing, inventory valuation, and variance analysis.

Key responsibilities include but are not limited to:

- Support the end-to-end standard costing process, including preparation, system updates, and validation of standard costs

- Maintain and update standard costs in SAP S/4Hana (including material, BOM, routing, and overhead components)

- Perform monthly costing-related variance analysis (standard vs actual), including PPV, usage, and overhead variances

- Support inventory accounting activities, including inventory valuation, reconciliations, and roll-forwards

- Assist with absorption testing, excess capacity analysis, and related reporting

- Prepare and review journal entries, account reconciliations, and supporting schedules related to inventory and costing

- Support audit requirements, in collaboration with Cost Accounting

- Partner with Operations, Supply Chain, and Global Finance teams to resolve costing issues and data gaps

- Support S/4HANA system enhancements, testing, and data validation related to costing and inventory

- Participate in continuous improvement and automation initiatives within costing and inventory processes

What we expect of you:

We are all different, yet we all use our unique contributions to serve patients. The professional we seek is a detail-oriented finance individual with these qualifications:

Basic Qualifications:

- Bachelors degree in Finance, Accounting, or related field

- Minimum 5 years of experience in cost accounting, inventory accounting, or manufacturing finance

- Hands-on experience with standard costing and variance analysis in a complex manufacturing environment

- Experience working with SAP (S/4HANA preferred)

- Fluency in English

Preferred Qualifications:

- CA / CMA / CPA or MBA (Finance)

- Experience in pharmaceutical, biotech, or manufacturing environments

- Strong understanding of inventory accounting and US GAAP

- Advanced Excel skills; experience with automation or reporting tools is a plus

- Strong analytical, communication, and stakeholder-management skills

- Ability to work effectively in a global, matrixed environment

Location: Hyderabad, Telangana

Functional area: Finance

Category: Finance

Job Type: Full time

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