Director of Accounting / Associate Controller, BillionToOne
$226-395.3k
OTE
$200-225k
BASE
+ Equity package
Office located in Menlo Park, CA
Precision diagnostics for disease detection
Open for applications
Precision diagnostics for disease detection
201-500 employees
Open for applications
$226-395.3k
OTE
$200-225k
BASE
+ Equity package
Office located in Menlo Park, CA
201-500 employees
Company mission
To make molecular diagnostics more accurate, efficient, and accessible.
Role
Who you are
- We are seeking a highly skilled and experienced Director of Accounting / Associate Controller to join our team
- Bachelor's degree in accounting, finance, or economics
- CPA certification required
- Minimum 12+ years of progressive experience in accounting leadership in a corporate accounting environment combined with public accounting experience
- Big 4 experience preferred
- Experience with NetSuite preferred
- Strong business acumen, critical thinking proficiency, and excellent communication skills
- Deep knowledge and application of US GAAP and SOX 404 regulations and guidelines
What the job involves
- The Director of Accounting / Associate Controller will be responsible for managing various accounting functions, including inventory and cost accounting, financial reporting, equity & tax accounting processes and procedures
- This role will oversee monthly, quarterly, and annual financial reporting, ensuring timely and effective processes and controls in reporting the company's financial position and cash flows
- Oversee inventory and cost accounting, partnering with Supply Chain to improve processes and ensure accurate financial reporting
- Manage monthly close, reconciliations, account analysis, and preparation and posting of journal entries
- Prepare, review, and maintain supporting documentation, performing monthly and quarterly flux analyses of financial accounts and statements
- Coordinate with outsourced tax providers for accurate tax accounting, quarterly and annual tax projections, and filings
- Develop strong collaborative relationships with other teams to understand the business and apply that knowledge to financial statements and reporting
- Work with financial statement auditors to complete quarterly reviews and annual audits, providing necessary documentation and support
- Assist with Sarbanes-Oxley (SOX) compliance, including the development and documentation of controls and maintenance of effective internal control processes
- Oversee compliance with company policies and regulations
- Manage and engage members of the accounting team
- Assist in management of key system implementations and process improvements
- Manage and complete special projects as necessary
Our take
BillionToOne is a precision diagnostics company. Its proprietary molecular counting platform (Quantitative Counting Templates) accurately counts DNA molecules at the single-count level, which has the ability to significantly improve disease detection. While initially focused on prenatal screening and oncological liquid biopsies, the company’s QTC technology is highly scalable and has the ability to make vast improvements to a range of disease detection verticals.
The company’s funding efforts will enable it to focus on further development and commercialization of its noninvasive prenatal screening test and oncology products. However, it will need to maintain a strategic outlook, prioritizing areas with higher testing frequencies in order to provide maximum patient benefit, while balancing test development costs.
BillionToOne has an important role to play in improving healthcare equity. As more promising peer-reviewed research studies are conducted and providers have increased confidence in the company’s tests, BillionToOne has significant growth potential.
Freddie
Company Specialist at Welcome to the Jungle
Insights
32% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Dec 2022
$5m
SERIES B
Mar 2022
$21m
SERIES B
Total funding: $43.3m
Company benefits
- Suite of benefit plans
- Paid Medical, Pregnancy, Parental and Family Leaves
- Retirement savings program with Company contribution
- Generous equity package
- Free daily on-site lunches provided from top eateries
- Latest and greatest hardware (laptop, lab equipment, facilities)
- Free on-site EV charging (compatible with all EVs, including Tesla!)
- Working with a team of ‘rockstars’ who bring out the best in everyone
- The ability to indirectly or directly change the lives of hundreds of thousand patients
- Open, transparent culture that includes weekly Town Hall meetings
Company HQ
Menlo Park, CA
Leadership
Oguzhan Atay, PhD
(CEO)Former Graduate Fellow at Stanford University (Department of Biology). They also spent time as a Researcher at the University of Oxford.
David Tsao
(CTO)Former Technical Staff Member at Groupon and Software Engineer at Adku. They also worked as an Engineering Intern at Northrop Grumman Aerospace Systems.
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