BillionToOne

Revenue Manager

BillionToOne$160K — $192K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • BS degree in Accounting/Finance and 5+ years of relevant accounting experience, including +2 years in public accounting.
  • Proficiency in financial analysis, reporting, and interpretation of data.
  • Strong knowledge of US GAAP, particularly ASC 606 and SOX 404.
  • CPA license is required or CPA-eligible candidates are considered.
  • Experience with NetSuite and Xifin system preferred; familiarity with revenue management systems is a plus.
  • Excellent organizational, analytical, and communication skills, both oral and written.
  • Self-motivated with the ability to work independently and collaboratively.

Responsibilities

  • Manage the monthly and quarterly revenue close process, including journal entries and reconciliations.
  • Analyze cost activities and prepare journal entries related to collaborations accounting and reporting.
  • Reconcile Accounts Receivable and cash collections between ERP and revenue management systems.
  • Support financial statement disclosures by preparing analysis and workpapers.
  • Ensure compliance with accounting standards (ASC 606) for revenue recognition and reporting.
  • Maintain SOX control documentation and support audit activities.
  • Drive process improvement initiatives in revenue reporting and related workflows.

Benefits

  • Work with passionate and dedicated colleagues toward a global vision in molecular diagnostics.
  • Open culture with weekly Town Hall meetings for transparency.
  • Opportunity to impact the lives of hundreds of thousands of patients.
  • Comprehensive medical benefit options with significant employer contribution.
  • Generous Family Bonding Leave of 16 weeks at full pay for eligible employees.
  • Additional support for fertility benefits.
  • Retirement savings program with a 4% company match.
  • Increased paid time off based on tenure.
  • Provide latest hardware and tools to perform job.
  • Free daily lunches from top eateries on-site.
  • State-of-the-art gym and amenities available on campus.
  • Free on-site EV charging for all electric vehicles.
Full Job Description
We are seeking a highly skilled and experienced Revenue Manager to join our growing team. The Revenue Manager will be responsible for monthly and quarterly accounting processes, including revenue recognition and ASP analysis, collaboration revenue and journal entry postings of accounts receivable and revenue related general ledger accounts. This position will report to the Controller.

Responsibilities:

Financial Reporting & Month-End Close:
  • Responsible for revenue close by managing the monthly, quarterly, and annual revenue close process, including preparing journal entries, reconciliation and flux analysis. Responsible for analyzing data and generating revenue recognition adjustments.
  • Responsible for collaborations accounting and reporting process, including analyzing cost activities and calculating monthly revenue (ASC 606), and preparing monthly journal entries and reconciliations.
  • Analyze and reconcile Accounts Receivable and cash collections on a monthly basis between ERP and revenue management cycle systems.
  • Prepare supporting analysis and workpapers to support financial statement disclosures and reporting.
  • Prepare revenue analysis and workpapers to support quarterly tax provisions.

Accounting Compliance:
  • Ensure revenue is recognized accurately and in compliance with relevant accounting standards (ASC 606) and in compliance with contracts.
  • Establish, modify and maintain appropriate company revenue recognition policies, procedures and internal controls to ensure revenue and cost of sales are properly recorded and reported in accordance with US GAAP.
  • Prepare memos documenting company's position on revenue recognition activity in accordance with US GAAP.

Audit & SOX Compliance:
  • Support internal and external audit on audits.
  • Maintain SOX control documentation and perform assigned internal controls documentation to support SOX compliance.

Process Improvement:
  • Partner with the Reimbursement team on payor data requests and support revenue cycle reporting; surface accounting-side observations to inform reimbursement strategy.
  • Drive, develop and implement continuous improvement in revenue processes and revenue reporting, including systems and process workflows, and controls to support scale and operational excellence.

Collaboration with Business Partners:
  • Work closely with cross-functional teams including FP&A, Reimbursement, and various internal/external business partners to support revenue reporting.

Other:
  • Assist with other projects and additional responsibilities as assigned.

Qualifications:
  • BS degree in Accounting/Finance and 5+ years of relevant accounting experience, including +2 years of public accounting experience and revenue accounting experience.
  • Proficiency in financial analysis, reporting, and interpretation of data.
  • Strong knowledge of US GAAP with expertise in the application of ASC 606, SOX 404, and solid accounting skills.
  • CPA license is required or actively pursuing (CPA-eligible candidates considered).
  • Knowledge of NetSuite and Xifin system preferred. NetSuite experience preferred; familiarity with lab billing or revenue management systems a plus.
  • Excellent organizational, analytical, and communication skills, both oral and written.
  • Hands-on, detail oriented and ability to collect and analyze data.
  • Self-motivated and ability to work independently and collaboratively is essential.

Benefits And Perks:
  • Working alongside brilliant, kind, passionate and dedicated colleagues, in an empowering environment, toward a global vision, striving for a future in which transformative molecular diagnostics can help millions of patients
  • Open, transparent culture that includes weekly Town Hall meetings
  • The ability to indirectly or directly change the lives of hundreds of thousands patients
  • Multiple medical benefit options; employee premiums paid 100% of select plans, dependents covered up to 80%
  • Extremely generous Family Bonding Leave for eligible employees (16 weeks, paid at 100%)
  • Supplemental fertility benefits coverage
  • Retirement savings program including a 4% Company match
  • Increase paid time off with increased tenure
  • Latest and greatest hardware (laptop, lab equipment, facilities)
  • Free daily on-site lunches provided from top eateries
  • A variety of perks on campus (state of the art gym, restaurant)
  • Free on-site EV charging (compatible with all EVs, including Tesla)

At BillionToOne, we are proud to offer a combination of a (1) base pay range (actual amount offered is based on experience and salary/equity options split that the candidate chooses), (2) generous equity options offering, (3) corporate bonus program, on top of (4) industry leading company benefits (free healthcare options, 401k match, very generous fully paid parental leave, etc.).

For this position, we offer a total compensation package of $267,226 per year, including a base pay range of $160,777 - $192,932 per year.

About BillionToOne

BillionToOne is a biotechnology company that develops molecular diagnostics for genetic diseases. The company's platform, called the QCT molecular counter, uses a proprietary technology to detect rare mutations in DNA samples. BillionToOne's technology is used in prenatal testing, cancer diagnostics, and other applications. The company was founded in 2016 and is headquartered in San Francisco, California.
Learn more about BillionToOne
Size
10 employees
Industry
Founded
2016

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