Sr. Accounting Analyst II 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

CA or CPA qualified with Bachelor’s Degree in Accounting or Business
Minimum 8 years hands-on experience in India GAAP general accounting (experience in life science or bio-medical industry is a plus, US GAAP knowledge a plus)
Conversant and knowledgeable on application of various Indian statutory rules, laws and requirements
Experience with SAP or large ERP systems
Proficient with Microsoft Office especially Excel
Detail-oriented, resourceful and able to work with minimal supervision
Ability to multitask, stay organized and prioritize deadlines in a fast-paced environment
Demonstrated ability to communicate well (written and oral) and interpersonal skills to work and collaborate with internal and external stakeholders, including those in other countries
Fluent in English (oral and written)
Agile to work with ambiguities to solve unstructured challenges

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 settlement process for intercompany receipts and payments
Manage and monitor cash and bank balance activities, cash flows and fund availability
Manage local compliance activities in relation to financial reporting, including ECB filing
Responsible for liaising with corporate secretarial agent
Support completion of statistical and government surveys, where necessary
Identify, drive and/or participate in process improvement initiatives by applying analytical, communication, collaboration and problem solving skills
Advisory on India local regulatory compliances and accounting, where required

Skills

IND AS

Journal Entries

Reconciliations

Statutory Financial Statements

Statutory Audit

Intercompany Settlements

Cash Management

Bank Reconciliations

ECB Filing

Financial Reporting

Process Improvement

Regulatory Compliance

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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