External Reporting and Technical Accounting Manager, BillionToOne
$269.1k
OTE
$158.4-190.1k
BASE
3+ days a week in office (Menlo Park, CA)
Precision diagnostics for disease detection
Be an early applicant
Precision diagnostics for disease detection
201-500 employees
Be an early applicant
$269.1k
OTE
$158.4-190.1k
BASE
3+ days a week in office (Menlo Park, CA)
201-500 employees
Company mission
To make molecular diagnostics more accurate, efficient, and accessible.
Role
Who you are
- Bachelor's degree or higher in accounting
- CPA qualification
- Strong proven experience and knowledge with SEC and US GAAP reporting requirements
- Experience preparing SEC reports and knowledge of XBRL tagging
- 7+ years of related accounting experience, with a minimum of 3 years in Big 4 public accounting
- Strong knowledge of and experience applying ASC 842 (leases), ASC 718 (stock-based compensation), ASC 230 (cash flow), ASC 280 (segment reporting), ASC 260 (EPS) and ASC 606 (Revenue)
- Proficiency in NetSuite, Excel, and financial reporting tools
- Strong attention to detail, ownership, and a positive attitude
- Proven ability to research and document complex technical accounting issues
- Strong problem-solving and analytical skills with effective written and communication skills, with the ability to interact with all levels of management
- Proven ability to adapt to change, work cross-functionally, and prioritize work to meet objectives and timelines
- Experience working in a public company environment with requirements to comply with SOX
- Proficiency in MS Excel, Word, and PowerPoint
What the job involves
- The External Reporting and Technical Accounting Manager will be responsible for overseeing external financial reporting to ensure compliance with U.S. GAAP and SEC regulations
- The position will also be responsible for technical accounting issues and lead the development and implementation of accounting policies
- As a key member of our team, you will play a critical role in the full-cycle close process, including researching accounting and SEC topics, preparing accounting position memos and drafting financial statements
- You will collaborate with cross-functional teams, such as Accounting Operations, FP&A and Legal
- This is a hybrid position and will report to the Controller
- Lead the preparation of our external financial reports, including SEC filings (Form 10-Q, Form 10-K, and Form 8-K) and related disclosures
- Prepare timely and accurate external financial statements (including disclosures and footnotes)
- Prepare quarterly and annual disclosure checklists and XBRL tagging
- Participate in the month-end and quarter-end accounting close processes, such as stock-based compensation, debt and debt instruments and other complex areas
- Execute all responsibilities (including preparation of workpapers) incompliance with our SOX 404 internal control framework related to technical accounting and financial reporting
- Document and maintain internal controls and procedures to ensure accurate and timely financial reporting
- Research, evaluate, and document technical accounting issues and the application of new accounting pronouncements. Assess the impact of new and proposed accounting pronouncement and standards to ensure compliance with SEC and US GAAP reporting requirements
- Perform accounting research for complex areas which may include stock-based compensation, leases, revenue recognition and non-standard transactions. Prepare high-quality technical accounting memos
- Work collaboratively with cross-functional teams (Accounting Operations, FP&A and Legal) to provide insight and recommendations on new initiatives and related process improvements to standardize and streamline processes
- Assist with or be responsible for other duties and ad-hoc projects as they arise
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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