Sr. Financial Analyst, Product Development

Rivian is seeking a Sr. Financial Analyst for Product Development in Irvine, CA. The role involves managing financials for product development, collaborating with engineering and procurement teams, and ensuring cost-effectiveness. Candidates should have 3-5 years of experience in planning and forecasting, strong analytical skills, and the ability to build relationships. A Bachelor's degree in Finance, Accounting, or Engineering is preferred. Salary ranges from $107,000 to $134,000 annually.
About Rivian

Rivian is on a mission to keep the world adventurous forever. This goes for the emissions-free Electric Adventure Vehicles we build, and the curious, courageous souls we seek to attract.

As a company, we constantly challenge what’s possible, never simply accepting what has always been done. We reframe old problems, seek new solutions and operate comfortably in areas that are unknown. Our backgrounds are diverse, but our team shares a love of the outdoors and a desire to protect it for future generations.

Role Summary

As a Sr. Financial Analyst for Product Development, you’ll lead the management of financials for a major area of Rivian product development spend. This area is critical for the success of both consumer (R1, R2) and commercial (EDV, RCV) products. A successful candidate will need to be able to demonstrate the ability to drive cost to affordable targets, build strong relationships with technical leaders, and be self-motivated to set solid financial foundations for Rivian product development spend.

Responsibilities
• Develop and maintain effective relationships with business partners including program, engineering, prototyping, and special projects to drive towards cost and profitability targets.
• Manage Bill of Material costs. Coordinate with the engineering, procurement, and cost engineering teams to identify opportunities and flag financial risks related to bill of materials
• Support month-end close process, complete timely reporting in line with Corporate Accounting policies and guidelines.
• Maintain budgets for development costs and tooling and approve spend based on targets that have been agreed upon with key stakeholders, driving team towards cost effectiveness.
• Execute on ad hoc analysis to support leadership decision making process; transform data into actionable insights and recommendations.

Qualifications
• 3-5 years of work experience planning and forecasting experience, within the auto/energy industry a plus
• Proven analytical ability and creative problem-solving skills
• Proven ability to develop effective business partner relationships
• Excellent interpersonal and communication skills with proven ability to interact with various management levels
• General knowledge of accounting/financial/operational principles and theories
• Proven experience budgeting, planning, forecasting, closing and reconciling operating expenditures
• Strong organizational skills reflecting prioritization with a sense of urgency
• Excellent analytical and problem-solving skill with the ability to process data from multiple sources and build models from the ground up
• Ability to effectively articulate financial stories in a clear and concise manner
• Proven ability developing and improving processes to make reporting better, faster and easier
• Strong Excel, Word, and PowerPoint skills required, experience with SQL, PowerBI, Adaptive Insights and SAP - plus
• Experience working in a customer facing role – plus
• Bachelor’s degree (MBA/CPA a plus) in Finance, Accounting or Engineering preferred

Pay Disclosure

Salary Range for Palo Alto, CA based applicants: $117,000 - $146,000 annually (Actual compensation will be determined based on experience, location and other factors permitted by law).

Salary Range for Irvine, CA based applicants: $107,000 - $134,000 annually (Actual compensation will be determined based on experience, location and other factors permitted by law).

Benefits Summary: Rivian provides robust medical/Rx, dental and vision insurance packages for full-time employees, their spouse or domestic partner, and children up to age 26. Coverage is effective on the first day of employment, and Rivian covers most of the premiums.

Equal Opportunity

Rivian is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender, gender expression, gender identity, genetic information or characteristics, physical or mental disability, marital/domestic partner status, age, military/veteran status, medical condition, or any other characteristic protected by law.

Rivian is committed to ensuring that our hiring process is accessible for persons with disabilities. If you have a disability or limitation, such as those covered by the Americans with Disabilities Act, that requires accommodations to assist you in the search and application process, please email us at candidateaccommodations@rivian.com.
Candidate Data Privacy

Rivian may collect, use and disclose your personal information or personal data (within the meaning of the applicable data protection laws) when you apply for employment and/or participate in our recruitment processes (“Candidate Personal Data”). This data includes contact, demographic, communications, educational, professional, employment, social media/website, network/device, recruiting system usage/interaction, security and preference information. Rivian may use your Candidate Personal Data for the purposes of (i) tracking interactions with our recruiting system; (ii) carrying out, analyzing and improving our application and recruitment process, including assessing you and your application and conducting employment, background and reference checks; (iii) establishing an employment relationship or entering into an employment contract with you; (iv) complying with our legal, regulatory and corporate governance obligations; (v) recordkeeping; (vi) ensuring network and information security and preventing fraud; and (vii) as otherwise required or permitted by applicable law.

Rivian may share your Candidate Personal Data with (i) internal personnel who have a need to know such information in order to perform their duties, including individuals on our People Team, Finance, Legal, and the team(s) with the position(s) for which you are applying; (ii) Rivian affiliates; and (iii) Rivian’s service providers, including providers of background checks, staffing services, and cloud services.

Rivian may transfer or store internationally your Candidate Personal Data, including to or in the United States, Canada, the United Kingdom, and the European Union and in the cloud, and this data may be subject to the laws and accessible to the courts, law enforcement and national security authorities of such jurisdictions.

Please note that we are currently not accepting applications from third party application services.