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Director, Cost & Inventory Accountant # 4177

Our mission is to detect cancer early, when it can be cured. We are working to change the trajectory of cancer mortality and bring stakeholders together to adopt innovative, safe, and effective technologies that can transform cancer care.


We are a healthcare company, pioneering new technologies to advance early cancer detection. We have built a multi-disciplinary organization of scientists, engineers, and physicians and we are using the power of next-generation sequencing (NGS), population-scale clinical studies, and state-of-the-art computer science and data science to overcome one of medicine’s greatest challenges.


GRAIL is headquartered in Menlo Park, California, with locations in Washington, D.C., North Carolina, and the United Kingdom. It is supported by leading global investors and pharmaceutical, technology, and healthcare companies.


For more information, please visit grail.com.


The Director, Cost & Inventory Accounting is a key contributor to the Finance organization and will lead efforts to scale the cost accounting function at GRAIL. This role is ideal for an experienced accounting professional who has worked in a fast-paced public or private company and has demonstrated success in scaling and optimizing cost accounting to support a growing and evolving business.


This is a hybrid role and requires you to be onsite 2 days a week in Durham, NC.


Responsibilities:
  • Scale the cost accounting processes and develop the cost accounting team to support GRAIL’s commercial growth
  • Lead cross-functional discussions, diving deep into lab and ancillary processes to provide technical accounting guidance in compliance with US GAAP, ensure consistent application of cost accounting principles, and identify cost savings opportunities
  • Collaborate with stakeholders across Revenue, FP&A, Operations, and Software to build reporting packages and executive-level dashboards
  • Own all relevant aspects of the period-end financial close process, including reviewing work, enhancing controls, and improving scalability
  • Develop an actionable, prioritized roadmap and lead implementation and scaling projects within Netsuite and Tableau
  • Lead quarterly reviews and annual audits related to cost accounting areas
  • Lead product costing and related financial analyses
  • Manage special projects and support ad hoc financial analysis
  • Maintain and enhance internal controls and ensure SOX-compliant documentation


Preferred Requirements:
  • 15+ years of total work experience
  • Experience in a diagnostics, genomics, or life sciences company (preferred)
  • 3+ years of experience leading a cost accounting team, including mentoring and staff development
  • 3+ years of public accounting experience; CPA preferred
  • Advanced analytical, project management, and spreadsheet skills (Google Sheets preferred)
  • Hands-on experience with Netsuite (required)
  • Demonstrated sense of urgency and ability to remain flexible in a dynamic, fast-paced environment
  • Excellent professional written, verbal, and interpersonal communication skills


Expected full time annual base pay scale for this position is $167K-$222K. Actual base pay will consider skills, experience and location.


Based on the role, colleagues may be eligible to participate in an annual bonus plan tied to company and individual performance, or an incentive plan. We also offer a long-term incentive plan to align company and colleague success over time.


In addition, GRAIL offers a progressive benefit package, including flexible time-off, a 401k with a company match, and alongside our medical, dental, vision plans, carefully selected mindfulness offerings.


GRAIL is an Equal Employment Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status. We will reasonably accommodate all individuals with disabilities so that they can participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. GRAIL maintains a drug-free workplace.

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What You Should Know About Director, Cost & Inventory Accountant # 4177, GRAIL

At GRAIL, we're on an inspiring mission to change the trajectory of cancer mortality through innovation and technology. As the Director, Cost & Inventory Accountant, you will play a pivotal role in shaping our Finance organization and ensuring that our cost accounting function is optimized for growth in the ever-evolving healthcare landscape. If you thrive in a fast-paced environment and have a proven track record in scaling cost accounting within a diagnostic or life sciences company, this is the opportunity for you! In this hybrid role based in Durham, NC, you'll collaborate across departments like Revenue and FP&A to enhance reporting and dashboarding using tools like Netsuite and Tableau. You’ll take charge of overseeing the period-end financial close, leading quarterly reviews and audits, while also identifying cost-saving possibilities. Your expertise will guide our cross-functional teams in applying cost accounting principles and maintaining strong internal controls in compliance with SOX regulations. If you're eager to join a passionate team dedicated to making a difference in cancer detection, and you're ready to mentor others and tackle special projects, then GRAIL wants to hear from you. Together, we can make strides towards better cancer care and detection! Let's work together to enhance our financial practices and, ultimately, make a positive impact on patients' lives.

Frequently Asked Questions (FAQs) for Director, Cost & Inventory Accountant # 4177 Role at GRAIL
What are the responsibilities of the Director, Cost & Inventory Accountant at GRAIL?

The Director, Cost & Inventory Accountant at GRAIL is responsible for scaling cost accounting processes, developing the accounting team, overseeing financial close processes, leading cross-functional discussions, and identifying cost-saving opportunities. Additionally, they will build reporting packages and manage audits, all while ensuring SOX compliance.

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What qualifications are required for the Director, Cost & Inventory Accountant position at GRAIL?

To qualify for the Director, Cost & Inventory Accountant role at GRAIL, candidates should have at least 15 years of total work experience, with 3+ years in a leadership position within cost accounting. A CPA certification, experience with Netsuite and Google Sheets, and a background in life sciences or diagnostics are highly preferred.

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What skills are important for the Director, Cost & Inventory Accountant at GRAIL?

Important skills for the Director, Cost & Inventory Accountant at GRAIL include advanced analytical abilities, project management proficiency, strong communication skills, and hands-on experience with Netsuite. Candidates should also demonstrate flexibility in a dynamic environment and a sense of urgency to meet deadlines.

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How does GRAIL support professional development for the Director, Cost & Inventory Accountant?

GRAIL is committed to professional development by providing mentorship opportunities, encouraging continued education, and fostering a collaborative work environment through cross-functional interaction, which helps the Director, Cost & Inventory Accountant enhance their skills while supporting their team’s growth.

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What is the expected salary range for the Director, Cost & Inventory Accountant at GRAIL?

The expected annual base pay range for the Director, Cost & Inventory Accountant position at GRAIL is between $167K and $222K, depending on the candidate's skills, experience, and location. The package may also include bonuses and long-term incentives, making it competitive in the industry.

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Common Interview Questions for Director, Cost & Inventory Accountant # 4177
Can you describe your experience leading a cost accounting team?

When answering this question, highlight specific leadership experiences, including team size, projects led, and outcomes. Discuss how you mentored staff, fostered collaboration, and improved team performance.

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How do you ensure compliance with US GAAP in cost accounting?

Share your methodologies for staying updated on US GAAP regulations and your practical experience applying these standards in real-world scenarios. Mention any specific challenges you faced and how you addressed them.

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What technologies and tools have you used in cost accounting?

Discuss your experience with tools like Netsuite, Tableau, or any other ERP systems. Emphasize how these tools have helped you streamline processes and improve reporting accuracy.

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How do you identify cost-saving opportunities within an organization?

Outline your analytical approach to reviewing financial data and collaborating with departments. Provide examples of cost-saving initiatives you've led or contributed to in the past.

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What is your approach to scaling cost accounting operations as a company grows?

Explain your strategy for developing scalable processes, team growth, and implementing new technologies. Providing a case where you've successfully scaled operations will add to your credibility.

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Can you detail a time when you improved a financial compliance process?

Use the STAR method to describe a specific situation where you identified a compliance issue, your actions to resolve it, and the positive outcomes that followed. This demonstrates proactive problem-solving.

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Describe your experience with financial audits related to cost accounting.

Talk about your role in preparing for and participating in audits, discussing any challenges you faced and how you contributed to successful outcomes. Highlight your understanding of internal controls.

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How do you prioritize your tasks in a fast-paced environment?

Share your methods for prioritizing tasks, perhaps using tools or frameworks to manage multiple projects. Discuss any tools you use to stay organized and focused on key deliverables.

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What key metrics do you focus on in cost accounting?

Discuss the financial and operational metrics you find most relevant for identifying trends and driving cost efficiencies. Make it clear how these metrics impact business decisions.

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How do you engage with cross-functional teams to enhance financial reporting?

Emphasize your communication skills and experiences working collaboratively with different departments, discussing specific projects where you provided insights or information that led to improved reporting.

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To detect cancer early, when it can be cured.

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DATE POSTED
April 7, 2025

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