Manager, Cost Accounting at Freenome

Brisbane, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Biotechnology, HealthcareIndustries

Requirements

Proven experience in FP&A or cost accounting, particularly in cost controlling, budgeting, product costing, and manufacturing variance analysis
Ability to work cross-functionally with accounting, Operations/CLIA Lab, IT/Facilities, and other teams
Experience driving COGS modeling, tracking improvement targets, and measuring performance
Expertise in standard cost set-up, COGS analytics, actual cost variances, forecasting, budgeting, and long-range planning
Knowledge of monthly/quarterly close processes for COGS and inventory, including journal entries, audit/SOX schedules
Familiarity with inventory analysis for excess/obsolete reserves and related accounting entries
Experience developing processes, procedures, and SOX controls for inventory accuracy
Collaborative, mission-driven mindset suitable for a high-growth biotech environment
Hybrid work capability based in Brisbane, California

Responsibilities

Work cross-functionally with accounting, Operations/CLIA Lab, IT/Facilities to deliver cost accounting solutions supporting business needs
Drive forward-looking COGS modeling and review process, standardize modeling, track improvement targets, and measure performance vs. target
Provide robust challenge to Operations/CLIA Lab budgets and forecasts during planning/budgeting
Oversee standard cost set-up, lead monthly COGS analytics, actual cost variances, quarterly forecasts, annual budgets, long-range plans, with emphasis on product costing
Provide financial direction and strategic insight to functional leaders, define short/long-term goals, identify value drivers and KPIs, challenge during planning
Handle monthly/quarterly close of COGS and inventory, including journal entries, meeting close timelines, providing audit/SOX schedules
Manage monthly meetings with Operations/CLIA Lab and Supply Chain to analyze inventory for excess/obsolete reserves and make related entries per policy
Collaborate with accounting on developing processes, procedures, and SOX controls for inventory data accuracy and implement changes

Skills

Cost Accounting

Cost Controlling

Budgeting

Product Costing

Manufacturing Variance Analysis

Management Reporting

FP&A

Cost Analysis

Process Improvement

Financial Systems

Freenome

Biotechnology company for early cancer detection

About Freenome

Freenome focuses on improving cancer detection through advanced blood tests. The company uses a multiomics approach, analyzing various biological data types, including genomics and proteomics, to find cancer markers in blood samples. This method allows for non-invasive early detection of cancer, which is crucial for effective treatment. Freenome differentiates itself from competitors by its unique combination of data analysis techniques and its commitment to clinical trials and research collaborations. The company's goal is to enhance cancer diagnostics and make early detection accessible to healthcare providers and patients, ultimately aiming to save lives through timely intervention.

San Francisco, CaliforniaHeadquarters

2014Year Founded

$1,032.6MTotal Funding

LATE_VCCompany Stage

Biotechnology, HealthcareIndustries

201-500Employees

Benefits

Competitive market-based salaries

Annual bonus opportunities

Relocation packages

Medical, dental, & vision coverage

401k

Wellness programs

Equity

PTO

Risks

Employee layoffs may affect morale and innovation efforts.

Integration of Oncimmune Ltd. could divert focus from core projects.

Competitive landscape in cancer detection may impact Freenome's market share.

Differentiation

Freenome uses a unique multiomics approach for early cancer detection.

The company focuses on non-invasive blood tests for cancer screening.

Freenome's platform designs personalized health conditions based on cell-free genome analysis.

Upsides

Recent $254 million funding boosts clinical programs and platform expansion.

Partnership with Walgreens enhances clinical trial diversity and patient recruitment.

PROACT LUNG study positions Freenome as a leader in lung cancer diagnostics.

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