Finance Manager – Standard Costing Ops finance
Amgen · Hyderabad
Collected role description
Job Description 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 is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology. Amgen focuses on areas of high unmet medical need and leverages its biologics manufacturing expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential. For more information, visit www.amgen.com and follow us on www.twitter.com/amgen
Collected experience requirement
7+ years