Senior Payroll Manager 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

At least 15 years’ experience in high-volume payroll processing, auditing, with direct hands-on experience and handled multiple countries
Proven ability to work independently, manage multiple priorities, meet tight deadlines and keen into details
Strong communicator with analytical and problem-solving skills. Good English communication skills
Strong proficiency in Microsoft Excel for data analysis, reporting, and manipulation
Ability to handle sensitive and confidential information with discretion
Bachelor’s Degree, preferably Accounting, Finance or Business
Additional desirable qualifications include proficiency with CloudPay or ADP payroll systems
In-depth knowledge of payroll regulations, tax laws, and the capacity to work with payroll software systems

Responsibilities

Utilize the payroll vendor platform to process payroll for employees across multiple APAC locations
Enter, review, and validate payroll inputs, including new hires, terminations, compensation changes, and benefits deductions
Manage and process special payroll cycles, such as bonuses, commissions, and equity awards and ensure all payroll processing adheres to company policies and local and international statutory regulations
Review and reconcile payroll reports each pay period to ensure accuracy of employee payments, vendor remittances, and statutory filings
Partner with HR and Finance teams to streamline data flows and resolve issues related to employee data and integrations
Contribute to projects involving payroll implementations, upgrades, and integrations with other finance systems
Management and oversight for payroll processes serving as a vital link between employees and the business ensuring that employees are paid timely and accurately

Skills

Payroll Processing

Payroll Management

Tax Compliance

Payroll Regulations

Payroll Software

Multi-Country Payroll

APAC Payroll

Vendor Platform Management

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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