Senior Associate Finance - Standard Costing Ops Finance at Amgen

Career Category

Finance

Job Description

In this vital role, you will support the Operations Finance team, with a primary focus on standard costing execution and analysis across Amgen’s 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

• Bachelor’s 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

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