Finance Manager – Standard Costing Ops finance at Amgen · Hyderabad

Finance Manager – Standard Costing Ops finance Location: India - Hyderabad 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 .