Accounts Payable Associate, BillionToOne
$94.6k
OTE
$73.9-79.2k
BASE
+ Equity options offering + Corporate bonus
Office located in Menlo Park, CA
Precision diagnostics for disease detection
Be an early applicant
Precision diagnostics for disease detection
501-1000 employees
Be an early applicant
$94.6k
OTE
$73.9-79.2k
BASE
+ Equity options offering + Corporate bonus
Office located in Menlo Park, CA
501-1000 employees
Company mission
To make molecular diagnostics more accurate, efficient, and accessible.
Role
Who you are
- The ideal candidate is detail-oriented, highly organized, and able to manage multiple tasks efficiently in a fast-paced environment
- Bachelor’s degree in Accounting, Finance, or related field preferred, or equivalent relevant experience. Proven experience as an Accounts Payable Associate, Finance Clerk, or similar role
- Strong understanding of accounts payable processes, including invoice processing, vendor management, and reconciliations
- High attention to detail, organizational skills, and the ability to manage multiple tasks in a fast-paced environment
- Proficiency with accounting software and Excel; experience with ERP systems (such as SAP or NetSuite) is a plus
- Strong problem-solving skills and the ability to communicate effectively with vendors and internal departments
- High degree of accuracy and accountability in financial transactions
What the job involves
- The Accounts Payable Associate will be responsible for processing and managing vendor invoices, payments, and expense reports in an accurate and timely manner
- This role will ensure proper financial controls, assist with month-end close activities, and collaborate with various departments to resolve invoice discrepancies
- Invoice Processing: Review, verify, and process vendor invoices for accuracy, ensuring timely and accurate payments
- Payment Management: Prepare and execute payment runs, including ACH, wire transfers, and checks
- Expense Reports: Review and process employee expense reports, ensuring compliance with company policies and appropriate documentation
- Reconciliation: Perform vendor statement reconciliations and resolve any discrepancies with vendors and internal departments
- Month-End Close: Assist in month-end close activities, including the preparation of accounts payable-related journal entries and accruals
- Vendor Relations: Build and maintain strong relationships with vendors and respond to inquiries regarding payment status or discrepancies
- Documentation: Maintain accurate and up-to-date files of invoices, receipts, and payment records for auditing and reporting purposes
- Compliance: Ensure proper coding and compliance with internal policies, as well as external financial regulations
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 - most notably a 2025 IPO - will enable it to focus on further development and commercialisation of its noninvasive prenatal screening test and oncology products. However, it will need to maintain a strategic outlook, prioritising areas with higher testing frequencies to maximise patient benefit and balance 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
(Co-Founder & CEO)Former Graduate Fellow at Stanford University (Department of Biology). They also spent time as a Researcher at the University of Oxford.
David Tsao
(Co-Founder & CTO)Former Technical Staff Member at Groupon and Software Engineer at Adku. They also worked as an Engineering Intern at Northrop Grumman Aerospace Systems.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 10 more jobs at BillionToOne