Finance Manager - Standard Costing Ops finance
Amgen · Hyderabad · onsite · Posted 59d ago
Undisclosed7–12 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
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 subjectmatter 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 endtoend 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 rollforwards
- 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
- Bachelors 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, crossfunctional, 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
Sourced from naukri
Skills
SAPAutomationCostingFinance ManagerBIOTECHUS GAAPvaluationVariance AnalysisaccountantRaw MaterialSupply ChainManufacturingoperationsGAAPChartered AccountantAccountingfinancebomPharmaceuticalCost Accounting
About Amgen
Amgen
Biotechnology
1.5k+
employees
1980
46 years old
Hyderabad, Telangana
India
About
Amgen operates in the biotechnology sector, developing and delivering advanced medicines to address critical health challenges globally.
Industries
BiotechnologyBiotech & Life sciences
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