Accounting Analyst - Cash, Prepaids, Grants

Posted 16 Hours Ago
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Bengaluru, Bengaluru Urban, Karnataka
Junior
Insurance
The Role
The Accounting Analyst will be responsible for reconciling cash accounts, preparing accounting related to derivative instruments, managing prepaid capitalization, and handling grant accounting. Key duties include generating journal entries, conducting balance sheet reconciliations, maintaining internal controls, and participating in audits and certifications.
Summary Generated by Built In

What if the work you did every day could impact the lives of people you know? Or all of humanity?

At Illumina, we are expanding access to genomic technology to realize health equity for billions of people around the world. Our efforts enable life-changing discoveries that are transforming human health through the early detection and diagnosis of diseases and new treatment options for patients.

Working at Illumina means being part of something bigger than yourself. Every person, in every role, has the opportunity to make a difference. Surrounded by extraordinary people, inspiring leaders, and world changing projects, you will do more and become more than you ever thought possible.

Responsibilities
Tasks and Responsibilities:

• Reconcile cash accounts on a weekly/monthly basis, including generating journal entries and other month-end close duties.
• Prepare all accounting related to the Company’s derivative instruments including mark-to-market journal entries, record settlement execution and perform variance analysis on a monthly basis.
• Perform prepaid capitalization review, record required reclass journal entries.

• Obtain an understanding of the awarded grants/incentives, prepare journal entries and perform balance sheet reconciliations in relation to grant accounting as part of month-end close activities

• Responsible for maintaining Sarbanes-Oxley internal control narratives and testing documentation for areas of responsibilities.

• Participate in quarterly review and annual audit.
• Participate in grant/incentive certification activities

All listed tasks and responsibilities are deemed as essential functions to this position; however, business conditions may require reasonable accommodations for additional tasks and responsibilities.

Education and Experience
• Typically requires a Bachelor’s degree and a minimum of 2 years of related experience; or an advanced degree without experience; or equivalent work experience.
• Strong understanding of U.S. GAAP.
• Bachelor's degree in accounting, finance, or equivalent field required. CA, CPA a plus
• Strong organizational skills and detail-oriented self-starter with the ability to work independently to meet deadlines
• Strong interpersonal skills and ability to communicate clearly and concisely both verbally and in writing


Illumina believes that everyone has the ability to make an impact, and we are proud to be an equal opportunity employer committed to providing employment opportunity regardless of sex, race, creed, color, gender, religion, marital status, domestic partner status, age, national origin or ancestry, physical or mental disability, medical condition, sexual orientation, pregnancy, military or veteran status, citizenship status, and genetic information.

The Company
Mechanicsburg, , PA
317 Employees
On-site Workplace
Year Founded: 1885

What We Do

RCM&D is ranked among the top independent insurance advisory firms in the United States. Our specialized teams provide strategic solutions and consulting for risk management, insurance and employee benefits. Leveraging more than 135 years of experience and strong local, national and global reach, we partner with you to meet all of your business objectives.

RCM&D Self-Insured Services Company (SISCO) is a Third Party Administrator and a trusted partner in claim management, consulting and advisory services for clients that are self-insured, fully insured, or utilize captive or high deductible programs. Our expertise coupled with our technological resources ensure budget certainty, reduced costs and the overall efficiency of your claim process.

Established in 2020 through the strategic merger of RCM&D and Oswald Companies, Unison Risk Advisors (a dba of the JBO Holding Company) is majority employee owned. On June 20, 2023, NSI became the third partner of Unison Risk Advisors. Unison Risk Advisors is made up of these three primary operating companies and all their existing subsidiaries and sub-brands. Today it is one of the largest privately held and employee-owned insurance brokerage and risk management firms in the U.S.

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