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 workplace**

📌 Senior Associate Finance - Standard Costing Ops Finance (Hyderabad)
🏢 AMGEN
📍 Hyderabad