Senior Payroll Analyst at Medtronic

Pune, Maharashtra, India

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical TechnologyIndustries

Requirements

Bachelor’s degree in accounting, Finance, Business Administration, or relevant years’ experience
5+ years of payroll experience, preferably in a multi countries
Strong knowledge of payroll systems (e.g., ADP, Workday, SAP)
Proficiency in Excel and data analysis tools
Familiarity with payroll tax regulations
Excellent attention to detail and organizational skills
Strong communication and interpersonal abilities

Responsibilities

Process and audit payroll for multiple entities and jurisdictions with precision and timeliness
Ensure compliance with federal, state, and local payroll laws and regulations
Maintain and update payroll systems, ensuring data integrity and security
Collaborate with HR and Finance teams to reconcile payroll-related accounts
Analyse payroll data and generate reports for leadership and audits
Lead or support payroll-related projects, including system upgrades and process improvements
Respond to employee inquiries regarding payroll, deductions, and tax issues
Prepare and file payroll tax returns and year-end reporting
Monitor changes in legislation and recommend necessary adjustments to payroll practice

Skills

Key technologies and capabilities for this role

Payroll ProcessingPayroll AuditTimekeepingRegulatory CompliancePayroll Systems

Questions & Answers

Common questions about this position

What experience is required for the Senior Payroll Analyst role?

Candidates need a Bachelor’s degree in accounting, Finance, Business Administration, or equivalent experience, plus 5+ years of payroll experience preferably in multiple countries.

What technical skills are needed for this position?

Strong knowledge of payroll systems like ADP, Workday, SAP is required, along with proficiency in Excel and data analysis tools, and familiarity with payroll tax regulations.

Is this role remote or office-based?

This information is not specified in the job description.

What is the salary or compensation for this position?

This information is not specified in the job description.

What makes a strong candidate for this Senior Payroll Analyst role?

A strong candidate is detail-oriented, analytical, proactive, with excellent attention to detail and organizational skills, and thrives in a fast-paced environment.

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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