VP, Corporate Controller
Do you want to join one of the fastest-growing molecular diagnostics startups and develop products that can affect the lives of millions?
BillionToOne (Y Combinator S17), ranked at the top 5% of Y Combinator companies with $100M+ in funding from prominent VC firms, has developed a DNA molecular counter that increases the cell-free DNA diagnostics resolution by over 1,000 fold. BillionToOne's first product, UNITY™ is the first and only prenatal screen that directly assesses the baby's risk for common and severe inherited disorders such as cystic fibrosis, spinal muscular atrophy (SMA), and hemoglobinopathies from a single tube of blood from the pregnant mother.
We are seeking a VP, Corporate Controller to build and manage a best-in-class Accounting team as well as the operational infrastructure and control environment to support the company's hyper-growth and help prepare the company for a successful IPO. The ideal candidate is a committed team player with a solid work ethic, willing and able to roll up their sleeves and get the job done. The VP, Corporate Controller is a hybrid position that is onsite 2-3 days/week in our Menlo Park office, and reports directly to the CFO.
Responsibilities:
- Own the monthly and quarterly close and reporting process, including revenue recognition, payroll, accounts payable, expense accruals, equity related accounting and general ledger closing with support from outside consultants.
- Build and manage a best-in-class Accounting team as well as the operational infrastructure and control environment to support the company's hyper-growth and help prepare the company for a successful IPO.
- Help implement various systems and leverage technology to build scalable/sustainable processes to create efficiencies, streamline accounting operations and improve the employee experience.
- Plan and own all accounting activities across the organization, to ensure compliance with GAAP, statutory guidelines, and internal financial policies and procedures.
- Analyze monthly and quarterly financial statements for fluctuations and anomalies and work closely with FP&A team to analyze variances against the budgets.
- Build out a management reporting package with an eye towards timely reporting of results to Management as part of IPO readiness.
- Lead the preparation for timely completion of audits (including planning for PCAOB audits for Public Company readiness) and handle all tax and statutory compliance.
- Manage preparation of accounting policies and procedures and ensure compliance with those policies.
- Demonstrate thought leadership in how to run an accounting organization in a high growth environment where changes are constant.
- Benchmark with industry peers on standard methodologies related to accounting, systems, policies, and processes to establish best in class internal processes.
- Participate in key strategic initiatives and assist with ad hoc projects.
- Establish and own effective internal controls and appropriate accounting procedures, including evaluation of processes and controls for compliance.
Requirements:
- Bachelor's degree in Accounting or Finance.
- Certified Public Accountant (CPA).
- 10+ years of relevant experience, including leading setting up processes and scaling the operations for high-growth companies.
- Strong technical skills and experience with US GAAP compliant financial statements. Mix of Industry experience and Big 4 is desirable.
- Demonstrated ability to build new capabilities, with a process-oriented mindset. You are expected to build a high performing team and look for continuous improvements.
- Detailed oriented with the ability to analyze data from various systems and departments in a high growth environment.
- Experience working with various cloud tools including implementing or using Netsuite ERP
- Inventory and COGS experience in Biotech or Manufacturing is highly desirable.
- Experience with the diagnostics industry (reimbursement revenue recognition cycle) is highly preferred
- Results driven with a high sense of urgency, taking ownership and ability to work in a fast paced environment with competing priorities.
Benefits and Perks:
- Suite of benefit plans
- Paid Medical, Pregnancy, Parental and Family Leaves
- Retirement savings program with Company contribution
- Competitive pay
- 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
BillionToOne is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.