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GRAIL

Blood-based cancer detection via sequencing tests

Associate Director - Cost & Inventory Accounting

Cost & Management AccountingPosted on Nov 10
Full-time

About the Job

Requirements

  • A bachelor's degree in Accounting or Finance is required.
  • At least 8 years of accounting experience, including experience in a SOX-compliant environment and a strong understanding of audit documentation, control execution, and identifying and resolving accounting control deficiencies.
  • At least 3 years of people management or team leadership experience, including the ability to review work effectively, coach staff, and deliver against deadlines.
  • Strong understanding of US GAAP, inventory accounting, financial close processes, internal controls, and audit support requirements.
  • Experience reviewing accounting analyses and reconciliations, identifying exceptions, and working with others to resolve issues.
  • Sound analytical judgment, attention to detail, and the ability to connect financial results with underlying transactions and business processes.
  • Effective planning, prioritization, communication, and cross-functional collaboration skills.
  • Advanced spreadsheet skills and experience with ERP systems such as NetSuite.

Responsibilities

  • Lead the monthly and quarterly cost and inventory close by establishing priorities, schedules, responsibilities, and checkpoints to meet reporting deadlines.
  • Review accounting deliverables, including reconciliations, journal entries, inventory rollforwards, E&O reserves, and cost calculations, and independently validate or reperform work as appropriate.
  • Investigate significant fluctuations and changes to standards, understand underlying business drivers, and explain financial variances clearly with supporting evidence.
  • Ensure accounting workpapers and supporting reports are accurate, complete, well documented, and ready for internal and external audit review.
  • Serve as a key contact for auditors, oversee execution of cost and inventory SOX controls, identify potential control gaps, and work with internal audit and cross-functional partners to implement improvements and address findings.
  • Develop an understanding of Lab Operations, Supply Chain, Warehouse, and inventory processes to evaluate accounting impacts, challenge assumptions, and identify opportunities to improve accuracy and efficiency.
  • Coach and develop the team through clear expectations, timely feedback, technical guidance, appropriate delegation, and accountability for quality and deadlines.
  • Partner with Lab Operations, Supply Chain, Lab, IT, and FP&A to resolve data and process issues and coordinate changes that affect accounting and reporting.
  • Lead improvements to processes, reporting, controls, and systems by recommending solutions, coordinating action plans, and following through to resolution.
  • Partner with the Technical Accounting team to understand new accounting standards and regulatory requirements, assess their operational impact, and lead implementation of changes to accounting processes, policies, systems, and internal controls.

Desired Qualifications

  • CPA and/or public accounting experience.
  • Experience in diagnostics, genomics, life sciences, or another inventory-intensive environment.

About the Company

GRAIL

Blood-based cancer detection via sequencing tests

GRAIL develops blood-based cancer tests that aim to detect cancer at its earliest stages. The tests use high-intensity sequencing to analyze large amounts of tumor genome data from a blood sample and apply advanced algorithms and deep learning to identify signals indicating cancer. Revenue comes from selling these tests to healthcare providers and research institutions, with potential expansion to direct-to-consumer sales in the future. Compared with others, GRAIL combines extensive sequencing data with clinical studies and sophisticated analytics to provide actionable cancer-detection results, focusing on early diagnosis. The company’s goal is to lower global cancer mortality by catching the disease early when treatment is more effective.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Menlo Park, CA
Founded
2016

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