Financial Planning Analyst (FP&A) - Operations #3589
Menlo Park, CA
General & Administration – Finance /
Full-Time /
Hybrid
GRAIL is a healthcare company whose mission is to detect cancer early, when it can be cured. GRAIL is focused on alleviating the global burden of cancer by developing pioneering technology to detect and identify multiple deadly cancer types early. The company is using the power of next-generation sequencing, population-scale clinical studies, and state-of-the-art computer science and data science to enhance the scientific understanding of cancer biology, and to develop its multi-cancer early detection blood test. GRAIL is headquartered in Menlo Park, CA with locations in Washington, D.C., North Carolina, and the United Kingdom. GRAIL, LLC is a wholly-owned subsidiary of Illumina, Inc. (NASDAQ:ILMN). For more information, please visit www.grail.com.
The FP&A Analyst is responsible for financial, analytical and budget support, and for providing financial thought leadership and fiscal accountability. This role reports to the Associate Director, FP&A and will be a trusted business partner to GRAIL’s Global Operations (GO) teams. Financial support will span across operating expenses, COGS and margin. The ideal candidate will have a strong background in Financial Planning and Analysis and experience working in a fast-paced environment.
This candidate will have the opportunity to help scale GRAIL’s operations, thereby increasing access to early cancer detection tests.
This is a hybrid role and requires you to be onsite 2 days a week in Menlo Park, CA
Responsibilities
- Plan and track operating expenses, headcount, cogs and margin
- Support the monthly, quarterly and annual budgeting and forecasting process for the Operations and Facilities functions, providing insights into investment activity and budget variances
- Act as a conduit between Corporate FP&A and business partners to ensure planned and actual spend aligns with company goals and objectives
- Build financial models to support resource and capital expenditure decision-making, including capacity analyses, cash flow projections and investment planning
- Prepare executive presentations for budget, forecast, and business case analysis
- Partner with accounting on monthly close, specifically with regards to accruals, allocations, and cost per sample analyses
- Partner with development and operations to help drive operating efficiencies and long-term scaling strategies
- Support GDOs teams (including the clinical labs, procurement, planning and logistics, engineering operations, technical operations, facilities and development) by offering strong financial reporting and oversight for business decision support
Preferred Qualifications
- 2+ years’ experience in Finance (FP&A) or Business Analysis
- BS/BA in Finance, Accounting or Business related field or equivalent, Masters degree preferred
- Experience in Diagnostic or Life Science industries preferred
- Experience supporting Operations function preferred
- Experience with COGS and margin reporting preferred
- A background in developing and managing budgets, forecasts, and financial plans for business units or departments
- Strong interpersonal skills with experience collaborating and working on a team
- Excellent professional written and verbal communication skills required
- Ability to prioritize assignments, deal with interruptions, and meet deadlines in a fast-paced and growth-oriented environment
The expected, full-time, annual base pay scale for this position is $91K-$107K. 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.
