Senior Accounting Analyst at Illumina

Cambridge, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Biotechnology, Genomics, HealthcareIndustries

Requirements

Hold a professional accounting qualification such as ACCA / ACA / CIMA or equivalent
Experience from practice and/or industry/commercial backgrounds
Experience of developing and maintaining one or more accounting systems including journal entries, General Ledger, Accounts Receivables, Accounts Payable, Revenue
Excellent problem-solving skills
Ability to effectively collaborate with wider accounting functions
Effective communication skills (as main point of contact for accounting queries from internal functions and external stakeholders)

Responsibilities

Provides record of assets, liabilities and other financial transactions
Review and interpret financial reporting requirements, rules and regulations, and apply these to the preparation of trial balances, income, balance sheet and cashflow statements
Monitor and develop monthly reports of revenue and expenditure for projects
Preparation of journal entries, reconciliations, and monthly management accounts
Management and oversight of the external audit process and external financial reporting
May assist in the setup of processes and procedures that properly capture, track and report transactions in accordance with company policy
May interpret reports and records for managers/stakeholders
Applies advanced wide-ranging experience and professional knowledge to provide solutions in creative and effective ways
Directs the application of existing principles and guides development of new policies and ideas
Works on complex assignments where problem solving requires in-depth evaluation of varying factors and practices/procedures must be determined
Enhances internal and external working relationships and networks with key contacts outside area of expertise
Adapts style to differing audiences and frequently advises others on complex matters that relate to the wider business and require persuasion
May train and mentor junior level staff
Responsible for a number of legal entities within the region

Skills

Key technologies and capabilities for this role

Financial ReportingTrial BalancesIncome StatementsBalance SheetCash Flow StatementsRevenue ReportingExpenditure ReportingProblem-SolvingStakeholder Communication

Questions & Answers

Common questions about this position

What is the work arrangement for this role?

The role is based in Cambridge and operates on a hub and hybrid model with the expectation of 1 to 2 days a week in the Illumina Centre office.

What benefits does Illumina offer?

Illumina's employee benefits are industry-leading and include flexible time off, private medical insurance, compassion and care time off, leisure travel insurance, pension, employee stock purchasing program, volunteer time off, and much more.

What key skills are required for the Senior Accounting Analyst role?

The role requires excellent problem-solving skills, ability to effectively collaborate with wider accounting functions, and effective communication skills, along with advanced experience in financial reporting and analysis.

What is the employment type and duration for this position?

This is a full-time role on a 1 year fixed term contract.

What makes a strong candidate for this Senior Accounting Analyst position?

Strong candidates will have advanced wide-ranging experience in accounting, excellent problem-solving skills, effective collaboration and communication abilities, and the capacity to handle complex assignments and mentor junior staff.

Illumina

Supports genomics startups through funding and resources

About Illumina

Illumina focuses on fostering innovation in the genomics industry by supporting startups through its Illumina Accelerator program. This program helps entrepreneurs create, launch, and grow genomics-focused companies by providing funding and resources. The accelerator operates in two main locations: the San Francisco Bay Area and Cambridge, UK. Illumina Accelerator has successfully invested in 68 genomics startups, which have collectively raised over $1 billion in venture capital. What sets Illumina apart from its competitors is its strong partnership with leading venture capital investors and its dedicated focus on the genomics sector. The goal of Illumina is to build a thriving ecosystem for genomics innovation, enabling new companies to emerge and advance the field.

San Diego, CaliforniaHeadquarters

1998Year Founded

$27.2MTotal Funding

IPOCompany Stage

Venture Capital, BiotechnologyIndustries

5,001-10,000Employees

Risks

Over-reliance on NVIDIA's AI technology may limit flexibility in AI solution adoption.

Standardizing proteomics data across platforms could challenge Illumina's data reliability.

Single-flow-cell NovaSeq X System might cannibalize sales of higher-end models.

Differentiation

Illumina leads in genomic sequencing with advanced AI integration and multiomic data analysis.

The company offers innovative array-based solutions for DNA, RNA, and protein analysis.

Illumina's global expansion includes a new Global Capability Center in Bengaluru.

Upsides

Collaboration with NVIDIA enhances drug discovery and clinical development through AI integration.

Pilot proteomics program with UK Biobank aims to generate crucial reference datasets.

Single-cell sequencing kits make high-throughput sequencing accessible to smaller labs.

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