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Finance Manager – Standard Costing Ops finance

India, Hyderabad Employment contract · Job Posted May 14, 2026
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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.

Job Responsibility

  • Support the end‑to‑end annual standard costing process, including planning, execution, review, and governance
  • 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

Requirements

  • 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

Nice to have

  • 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

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