Senior Associate Finance - Standard Costing Ops Finance
Amgen · Hyderabad · onsite · Posted 59d ago
Undisclosed5–10 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
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 endtoend 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 rollforwards
- 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 detailoriented 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
- Handson 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 stakeholdermanagement skills
- Ability to work effectively in a global, matrixed environment
Sourced from naukri
Skills
SAPAutomationCostingBIOTECHAdvanced ExcelUS GAAPvaluationReporting toolsVariance AnalysisSupply ChainManufacturingGAAPAccountingData ValidationfinancebomPharmaceuticalCost AccountingCMAJournal Entries
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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173 reviews
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Culture
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