Cost Accounting Manager
Amgen
2024-11-05 00:38:37
Washington, District of Columbia, United States
Job type: fulltime
Job industry: Accounting
Job description
HOW MIGHT YOU DEFY IMAGINATION?
Youve worked hard to become the professional you are today and are now ready to take the next step in your career. How will you put your skills, experience and passion to work toward your goals? At Amgen, our shared missionto serve patientsdrives all that we do. It is key to our becoming one of the worlds leading biotechnology companies, reaching over 10 million patients worldwide. Come do your best work alongside other innovative, driven professionals in this meaningful role.
Cost Accounting Manager
LiveWhat you will do
Lets do this. Lets change the world. In this vital role you will be a member of the Global Cost Accounting team that is responsible for the consolidation and analysis of the global inventory and cost of sales. The Manager will also perform the inventory accounting for certain Amgen manufacturing sites. The manager will be accountable to manage and review the work of the outsourced provider that supports this team.
Preferably, the Manager is familiar with international accounting and intercompany process and has prior cost accounting experience. Amgen has a large international footprint and does business in over 75 countries. As a global biopharmaceutical company with over $20 billion in revenue, the Companys Cost Accounting matters include high value intangibles, mergers and acquisitions, licensing transactions, complex manufacturing, financing transactions, and research and development activities.
- Perform and review sophisticated journal entries, general ledger account analysis and reconciliation for both SAP and consolidation tool.
- Prepare and review audit schedules and answer questions from internal and external auditors.
- Preparation and review of highly developed financial schedules such as footnote, month-end flash reports, accounting memos and other ad hoc schedules, as required by the supervisor.
- May lead and review accounting control functions and reporting requirements such as: inventory reserves, pre-approval manufacturing, standard costing including absorption tests, excess capacity analysis among other.
- Special projects to improve accounting processes including digital projects.
- Consolidate, analyze and report global inventory balances by product/site and perform detailed monthly variance analysis.
- Work closely with local Finance to help execute Amgens operational strategy.
- Calculate and record intercompany profit-in-inventory (PII) eliminations monthly to ensure compliance with US GAAP.
- Support quarterly SOX process certification by compiling, sampling and reviewing control documentation.
- Participate in the annual standard costing process and ad hoc standard costing updates as required by the manufacturing and distribution sites.
- Actively support Amgen key business initiatives that impact Cost Accounting processes.
- Perform all assigned monthly accounting close activities including inventory, inventory reserves, pre-approval, excess capacity analysis and manufacturing variances analysis, and journal entries.
- Interact with Amgen senior and mid-level management.
- Strong internal control focus in handling business issues of significance to Corporate Accounting.
- Actively seek opportunities to streamline assigned processes and cross-train with peers.
- Assist in project management activities and ad hoc analysis as required.
- Perform inventory accounting for certain Amgen manufacturing sites.
- Will be accountable to manage and review the work of an outsourced provider that supports this team.
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 candidate with these qualifications.
Basic Qualifications:Doctorate degree
OrMasters degree and 2 years of experience in general accounting
OrBachelors degree and 4 years of experience in general accounting
OrAssociate's degree and 8 years of experience in general accounting
OrHigh school diploma/GED and 10 years of experience in general accounting
Preferred Qualifications:- Educational background in Accounting or Finance
- Dynamic accounting/finance experience including corporate level public company experience
- Profit in Inventory (PII) Elimination process and accounting transaction experience in physical vs financial inventory flow.
- CPA, Audit, Public Accounting experience
- Experience in driving and implementing change
- Experience managing outsource partner relationship
- Experience in financial system implementation
- Experience in US Generally Accepted Accounting Principles (GAAP) and Foreign Currency transaction accounting and understanding concepts to translate into mentorship for financial reporting
- Experience in other functional accounting areas (i.e., intercompany, cash, investments)
- Detail orientated; strong business analytical and data analysis skills
- Strong written, verbal communication and presentation skills (English and Spanish)
- Ability to multi-task, prioritize and manage multiple deliverable
- Influence at all levels including senior management, functions and geographies
- Ability to work in a cross-functional team environment
- Drives Results Sets compelling goals and aggressive schedules for improvement while remaining flexible in a constantly evolving environment
- Digital literacy including spreadsheet software, Blackline, ServiceNow and SAP
- Financial business understanding
- Organizational skills
- Ability to demonstrate judgment and make appropriate recommendations
What you can expect of us
As we work to develop treatments that take care of others, we also work to care for our teammates professional and personal growth and well-being.
The expected annual salary range for this role in the U.S. (excluding Puerto Rico) is posted. Actual salary will vary based on several factors including but not limited to, relevant skills, experience, and qualifications.
Amgen offers a Total Rewards Plan comprising health and welfare plans for staff and eligible dependents, financial plans with opportunities to save towards retirement or other goals, work/life balance, and career development opportunities including:
- Comprehensive employee benefits package, including a Retirement and Savings Plan with generous company contributions, group medical, dental and vision coverage, life and disability insurance, and flexible spending accounts.
- A discretionary annual bonus program, or for field sales representatives, a sales-based incentive plan
- Stock-based long-term incentives
- Award-winning time-off plans and bi-annual company-wide shutdowns
- Flexible work models, including remote work arrangements, where possible
for a career that defies imagination
Objects in your future are closer than they appear. Join us.
Application deadlineAmgen does not have an application deadline for this position; we will continue accepting applications until we receive a sufficient number or select a candidate for the position.
Amgen is an Equal Opportunity employer and will consider you without regard to your race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.