Budget Manager at Amgen in Hyderabad

Job description

Career Category Operations Job Description Position Summary The Manager, R&D Business Operations - Budget Management & Execution is responsible for leading the end-to-end budget planning, forecasting, execution, and reporting processes for one or more R&D functions. The role serves as a trusted business partner to functional leadership, R&D Finance, and cross-functional stakeholders, ensuring financial plans accurately reflect portfolio priorities, operational requirements, and evolving business needs. The Manager provides financial analysis, decision support, and operational oversight to enable effective resource allocation and financially responsible execution. This role also drives consistent application of budget management processes, systems, controls, and reporting standards across the supported organization. Key Responsibilities Lead the end-to-end budget management and execution process for one or more VP-level R&D functions. Coordinate annual budget planning, long-range planning, quarterly forecasts, leadership updates, and periodic financial exercises. Own the budget-management cadence, including complete line-item visibility for planned spend, commitments, actuals, forecast and closed-with-Finance status. Translate business strategies, portfolio priorities, resource plans, and operational assumptions into actionable financial forecasts. Partner with functional leadership and R&D Finance to ensure budgets and forecasts reflect the latest business priorities and anticipated spend. Lead recurring budget reviews with RAEs, functional leads and Finance. Identify variance, unused funds, forecast risk, engagement funding needs and required actions. Provide timely financial reporting, variance analysis, trend analysis, and identification of financial risks and opportunities. Develop financial scenarios and business cases to support investment, resource allocation, portfolio, and operating-model decisions. Maintain accurate alignment between planned activities, financial forecasts, commitments, and actual transactions within applicable planning and reporting systems. Oversee and coordinate budget execution activities, including purchase orders, accruals, cost entries, invoice resolution, funding transfers, and financial coding. Set operating standards, SLAs and escalation pathways for MyBuy/Ariba, supplier onboarding, PO, invoice, ePayment, accrual, transfer and closeout workflows. Monitor financial performance and proactively recommend corrective actions to address forecast variances, emerging risks, or execution challenges. Resolve escalated budget, procurement, transaction, and financial process issues in partnership with Finance, Procurement, suppliers, and business stakeholders. Prepare clear and concise financial updates for functional leadership, including key assumptions, decisions required, risks, opportunities, and recommended actions. Serve as a subject-matter expert for budget planning, forecasting, financial systems, and budget execution processes. Establish and maintain effective relationships across R&D functions, Finance, Global Strategic Sourcing, Supplier Management, and transactional support teams. Ensure budget processes and documentation comply with applicable Amgen financial controls, procurement requirements, policies, and operating procedures. Drive simplification, standardization, automation, and continuous improvement of budget management processes, tools, and reporting. Provide guidance, coaching, and work direction to Budget Management team members or business partners, as applicable. Complete people-management responsibilities, including performance and development activities, when the role includes direct reports. Oversee direct report(s) workflow execution and resolve escalated procure-to-pay, supplier, payment, coding, scope and policy issues in partnership with Finance, GSS, Procurement, Legal and suppliers. Decision-Making Authority Advises functional leaders on budget priorities, forecast a