Sr Payroll Analyst at Illumina

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Biotechnology, HealthcareIndustries

Requirements

Bachelor’s Degree or equivalent in Accounting/Finance/Business
5 years India payroll operation working experience
In-depth understanding of TDS calculation, knowledge of local statutory law, Provident Fund and Statutory compliance reporting
Detail oriented and organized in work
Good communication (written and oral) and Excel skills
Self-motivated, work independent with minimum supervision
Ability to handle confidential information in a professional manner

Responsibilities

Prepare payroll input for submission to Payroll Vendor for monthly processing
Review and reconcile payroll output files to ensure accuracy of payments and reports, in alignment with company policies & procedures and in compliance with local statutory and tax regulations
Collaborate with the Payroll Accounting team to ensure accurate posting of payroll entries for financial closing
Ensure Full & Final Settlement is completed and statement released to Leavers
Support Quarterly / Annual Statutory filing and Year-end payroll activities including reviewing employees’ Form 16
Handle employee’s query and coordinate with Payroll Vendor on Provident Fund matters, including account creation, transfers, withdrawals
Address employee’s query on TDS deduction
Support Shop & Establishment Renewal
Collaborate with internal stakeholders including HR operation, C&B, Global mobility etc to manage payroll operations, escalations, and query resolution
Multi-task various aspects of the position while being able to prioritize daily workload to achieve payroll team goals as well as provide quality internal and external customer service
Prepare and handle annual internal and external payroll audits
Manage external vendors to ensure adherence to agreed service levels
Perform other duties as assigned
Collaborate with Global stock admin team to report on employees’ equity grant and vesting activities as per country’s requirements
Manage and support payroll or employee equity related audit requests

Skills

Key technologies and capabilities for this role

Payroll ProcessingPayroll ReconciliationStatutory ComplianceTax RegulationsFinancial ClosingProvident FundTDS DeductionForm 16Payroll AuditsVendor ManagementHR CollaborationEmployee Query Resolution

Questions & Answers

Common questions about this position

What experience is required for the Sr Payroll Analyst role?

The role requires 5 years of India payroll operation experience, in-depth understanding of TDS calculation, knowledge of local statutory law, Provident Fund, and statutory compliance reporting.

What education is preferred for this position?

A Bachelor’s Degree or equivalent in Accounting/Finance/Business is preferred.

What is the salary or compensation for this role?

This information is not specified in the job description.

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

This information is not specified in the job description.

What skills make a strong candidate for this Sr Payroll Analyst position?

Strong candidates are detail-oriented, organized, have good communication (written and oral) and Excel skills, are self-motivated with ability to work independently, and can handle confidential information professionally.

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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