Full Job Description
The Senior Cost Accountant is a key contributor to the Finance organization, primarily supporting the Cost Accounting department with day-to-day inventory and cost of goods sold (COGS) activities. This role requires an accounting professional with experience in a fast-paced private or public life sciences company who has demonstrated the ability to support accounting operations and meet the evolving needs of a growing business.
This role is based at our Durham, North Carolina or Sunnyvale, California, office. It offers a flexible work arrangement, with the ability to work from GRAIL's office or from home. Our current flexible work arrangement policy requires that a minimum of 60%, or 24 hours, of your total work week be on-site. Your specific schedule, determined in collaboration with your manager, will align with team and business needs and may change over time.
Responsibilities:
• Perform month-end and quarter-end SOX-compliant financial close processes related to cost of goods sold and inventory.
• Prepare detailed calculations for inventory, cost of goods sold, inventory reserves, and overhead allocations.
• Prepare detailed account analyses and reconciliations for respective general ledger (GL) accounts.
• Perform fluctuation analyses and product cost calculations.
• Assist in resolving inventory-related and system inquiries.
• Support quarterly financial reviews and annual audits.
• Assist with product costing and financial analyses.
• Support and maintain strong internal control processes.
• Assist in preparing cycle count and annual inventory audit reconciliations.
• Collaborate with the Lab and FP&A teams to develop processes and procedures, ensure the accuracy and completeness of inventory data, and implement changes as needed.
• Support ERP system enhancements and process improvement projects.
These responsibilities summarize the role's primary responsibilities and are not an exhaustive list. They may change at the company's discretion.
Required Qualifications:
• Bachelor's degree (BS/BA) in Finance, Accounting, Business, or a related field
• 5+ years of accounting experience including work in a SOX-compliant environment.
• Demonstrated teamwork and collaboration skills.
• Ability to prioritize assignments, manage interruptions, and meet deadlines in a fast-paced, growth-oriented environment.
• Excellent professional written and verbal communication and interpersonal skills.
• Strong analytical and project management skills.
• Demonstrated logical reasoning and critical thinking skills.
Preferred Qualifications:
• Demonstrated teamwork and collaboration skills.
• Audit experience preferred.
• Experience in a manufacturing or life sciences company.
• Experience with NetSuite and Google Workspace.
The expected, full-time, annual base pay scale for this position is $109k-$144k in Sunnyvale, CA, or $94k-$125k in Durham, NC.
At GRAIL, we believe in recognizing and rewarding the contributions our employees make to our mission and success. In addition to base pay, this role may be eligible for additional compensation, including an annual bonus and/or other incentives, in accordance with applicable plans and the company's discretion. The posted range reflects our good-faith estimate of the base pay we expect to offer for this position at the time of hire. Actual compensation will be determined based on factors such as the candidate's experience, skills, qualifications, and other relevant considerations.
At GRAIL, we invest in the health, well-being, and future of our employees and their families. Employees in this role are eligible for a comprehensive and competitive benefits package designed to support what matters most, including flexible time off or vacation, a 401(k) retirement plan with employer match, medical, dental, and vision coverage, and thoughtfully selected well-being programs. Benefits are offered in accordance with applicable plans and policies.
