Amgen India | Senior Associate, AP Statements and Reconciliations

Key responsibilities

• The Senior Associate, AP Statements & Reconciliation is responsible for executing the day-to-day vendor statement outreach, reconciliation, and discrepancy resolution process.
• This role leverages a sophisticated AI platform to identify and resolve exceptions across vendor accounts, ensuring AP subledger integrity and minimizing financial exposure from missing invoices, unapplied credits, and duplicate payments.
• Perform end-to-end reconciliation of vendor statements against SAP (ECC) subledger balances using the Xelix platform.
• Review and action exceptions surfaced by Xelix: missing invoices, unapplied credits, duplicate postings, pricing variances, aged open items.
• Investigate discrepancies in SAP and determine corrective action.
• Maintain a clean, current view of open reconciling items with documented status and next actions.
• Conduct outreach to suppliers to obtain statements according to the defined cadence (monthly, quarterly, ad-hoc).
• Respond to vendor inquiries related to statement and reconciliation activities in a professional, timely manner.
• Contribute to weekly and monthly reporting on statement program performance.
• Identify and escalate recurring root causes (master data issues, process gaps, system errors) to direct and dotted-line management.
• Process vendor credits, debit memos, and reclassifications in coordination with the invoice processing team.
• Follow established escalation paths for non-responsive vendors, coordinating with the Manager, AP Statements & Escalations and Amgen business partners, when needed.
• Document all communications and resolutions for audit trail and continuity.
• Adhere to SOX and internal control requirements, providing documentation in support of internal and external audits.

Key competencies

• Attention to detail and analytical rigor.

Amgen Inc.

Amgen was founded in 1980 in Thousand Oaks, California, as Applied Molecular Genetics. Still based in Thousand Oaks, it is a biotechnology company that discovers, develops, makes and sells medicines, including Prolia and Evenity for bone health, Repatha for high cholesterol, Enbrel and Otezla for inflammatory diseases, and Kyprolis and Blincyto for cancers. Its shares trade on Nasdaq under the symbol AMGN, and it became part of the Dow Jones Industrial Average in 2020. The purchase of Horizon Therapeutics in 2023 added medicines for rare diseases. In 2024 Amgen announced a technology and innovation site in HITEC City, Hyderabad, set up first to build technology and digital tools for its global organisation and then to add work in AI, data science and other global functions. The Indian entity is Amgen Technology Private Limited.

Finance hiring in Hyderabad covers financial planning and analysis, technology project controls, accounts payable statements and reconciliations, transactional finance, global distribution finance and expense audit. A sizeable group of tax roles spans indirect tax compliance, international tax, US federal direct tax and tax reporting, and tax technology, while contracts and pricing associates work on Medicaid rebates and chargebacks. Roles run from associate to director, the most senior FP&A post asking for 18 or more years. FP&A and finance manager postings name a Chartered Accountant, Cost Accountant, CPA or a master's degree in finance, economics or business administration, and the US tax roles look for a CA or US CPA.

• Industry: Biotechnology: discovery, development, manufacture and sale of medicines for bone health, cardiovascular disease, inflammatory diseases, cancer and rare diseases
• Headquarters: Thousand Oaks, California, United States (Amgen Inc., listed on Nasdaq as AMGN)
• In India: Amgen Technology Private Limited, a technology and innovation site in HITEC City, Hyderabad (announced in 2024)