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Amgen
Amgen

Multinational biopharmaceutical company.

Finance Manager – Standard Costing Ops finance at Amgen

RoleFinance
LevelManager
LocationIndia - Hyderabad
WorkOn-site
TypeFull-time
Posted1 day ago
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About the role

Career Category

Finance

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:

  • Supportthe 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

.

Required skills

Standard costing

Inventory accounting

Variance analysis

Financial governance

Process improvement

Manufacturing finance

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About Amgen

Amgen

Amgen

Public

A biotechnology company that develops and manufactures human therapeutics for various illnesses and diseases.

10,001+

Employees

Thousand Oaks

Headquarters

$138B

Valuation

Reviews

24 reviews

3.6

24 reviews

Work-life balance

3.2

Compensation

3.5

Culture

3.1

Career

2.8

Management

3.4

65%

Recommend to a friend

Pros

Excellent benefits and health benefits

Good pay and compensation

Supportive management and leadership

Cons

Limited career growth and promotion opportunities

Work-life balance challenges and long hours

Bureaucratic processes

Salary Ranges

1,002 data points

Mid/L4

Senior/L5

Mid/L4 · Business Performance Manager

3 reports

$140,000

total per year

Base

$121,872

Stock

-

Bonus

-

$140,000

$140,000

Interview experience

5 interviews

Difficulty

3.0

/ 5

Duration

14-28 weeks

Offer rate

40%

Experience

Positive 20%

Neutral 80%

Negative 0%

Interview process

1

Application Review

2

Recruiter Screen

3

Hiring Manager Interview

4

Technical/Case Interview

5

Final Round/Panel Interview

6

Offer

Common questions

Technical Knowledge

Behavioral/STAR

Past Experience

Case Study

Culture Fit