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
Robust understanding of inventory accounting and US GAAP
Advanced Excel skills; experience with automation or reporting tools is a plus
Robust analytical, communication, and stakeholdermanagement skills
Ability to work effectively in a global, matrixed workplace

📌 Senior Associate Finance Standard Costing Ops Finance Hyderabad
🏢 AMGEN
📍 Hyderabad