Senior Payroll Analyst at Medtronic

Pune, Maharashtra, India

Medtronic Logo
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

Payroll Processing
Payroll Audit
Timekeeping
Regulatory Compliance
Payroll Systems

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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