Sr. Accounting Analyst at Illumina

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Biotechnology, Genomics, HealthcareIndustries

Requirements

Expertise in IND AS (Indian Accounting Standards) for financial reporting and statutory statements
Experience managing month-end close activities, including journal entries, reconciliations, analytical reviews, and reporting
Ability to prepare local statutory financial statements and lead/coordinate statutory audits with external auditors and internal stakeholders
Knowledge of local compliance activities, including ECB (External Commercial Borrowings) filing
Skills in liaising with corporate secretarial agents
Analytical, communication, collaboration, and problem-solving skills for process improvement initiatives
Advisory capability on India local regulatory compliances and accounting
Ability to support Tax Team with data requests

Responsibilities

Manage operational and month-end close activities, including journal entries, reconciliations, analytical reviews, and associated reporting for IND AS
Prepare local statutory financial statements in IND AS and lead/coordinate the statutory audit by liaising with external auditor and internal stakeholders
Manage local compliance activities in relation to financial reporting, including ECB filing
Liaise with corporate secretarial agent
Identify, drive, and/or participate in process improvement initiatives by applying analytical, communication, collaboration, and problem-solving skills
Provide advisory on India local regulatory compliances and accounting, where required
Support Tax Team on data requests

Skills

Key technologies and capabilities for this role

IND ASJournal EntriesReconciliationsFinancial ReportingStatutory AuditECB FilingProcess ImprovementRegulatory ComplianceAccountingAnalytical Reviews

Questions & Answers

Common questions about this position

What are the main responsibilities of the Sr. Accounting Analyst role?

Responsibilities include managing operational and month-end close activities like journal entries and reconciliations under IND AS, preparing local statutory financial statements, leading statutory audits, handling compliance activities, and supporting process improvements and tax data requests.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What is the company culture like at Illumina?

Illumina promotes an inclusive environment rooted in belonging, with openness, collaboration, alternative perspectives, Employee Resource Groups for career development and cultural awareness, and a zero-net pay gap regardless of gender, ethnicity, or race.

What skills make a strong candidate for this position?

Strong candidates will have analytical, communication, collaboration, and problem-solving skills, along with expertise in IND AS, statutory financial reporting, compliance, and India local regulatory accounting.

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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