Role Summary

We are seeking a Senior Finance Analyst, Material Cost to strengthen how we manage material cost performance, improve profitability visibility, and scale cost discipline across our in-production vehicle programs.

This role sits at the intersection of Product Development, finance operations, process design, digital enablement, and AI-enabled reporting. You will help drive clearer cost targets, sharper glidepaths, better reporting accuracy, and faster decision-making across material cost performance. As a key connector between Product Development, Supply Chain, Cost Accounting, Program Finance, IT, and Data teams, you will help shape how SAP, Databricks, Gemini, and related reporting tools work together to support a scalable, data-driven operating model for vehicle cost management.

Why This Role Matters

• Shape profitability decisions: You will turn material cost data into actionable insight, helping program leaders understand current performance, future glidepaths, and the trade-offs that matter most.
• Improve cost accuracy at the source: You will strengthen how BOM, COGM, COGS, and PPV reporting come together so leaders can make decisions with greater confidence and fewer manual reconciliations.
• Connect cost strategy to execution: You will bridge Supply Chain, Cost Accounting, and Finance to ensure annual targets, supplier actions, and in-production cost reduction plans stay aligned.
• Build smarter ways of working: By applying Databricks, SAP, Gemini, and automation reporting tools thoughtfully, you will help reduce manual reporting effort and improve speed, clarity, and consistency.
• Support scale in a high-stakes environment: As Rivian grows its in-production portfolio, this role helps create the financial rigor and operational visibility needed to improve margin performance over time.

Responsibilities

Program Cost Strategy & Business Partnership

• Partner with program leadership and Supply Chain to set annual vehicle cost targets and identify the most material cost reduction opportunities across in-production programs.
• Translate material cost performance into clear insights, trade-offs, and recommendations for program and finance leaders.
• Act as an informal cross-functional leader across Product Development, Supply Chain, Cost Accounting, and Program Finance to keep priorities aligned and decisions moving.
• Support the financial handover of new vehicles from development to production, ensuring continuity in cost assumptions, reporting logic, and ownership.

Material Cost Forecasting, Glidepaths & Performance Reporting

• Own multi-year vehicle cost glidepaths, including key risks, opportunities, and timing assumptions that inform business and profitability decisions.
• Prepare and deliver recurring materials on cost reduction performance, forecast movement, and KPI trends for program and finance leadership.
• Track material cost performance versus forecast and highlight emerging gaps, drivers, and corrective actions.
• Provide ad hoc analysis that helps business leaders understand monthly outcomes, structural trends, and forward-looking implications.

BOM, COGM & Cost Accuracy

• Support BOM accuracy, consolidation, and reporting discipline in partnership with Program Finance and Cost Accounting.
• Improve the quality and consistency of monthly Bill of Material actuals reporting and related variance analysis.
• Design and maintain reporting views that connect BOM structure, forecast logic, and actual cost performance more clearly.
• Strengthen controls, definitions, and handoffs that improve COGM and COGS reporting accuracy across teams and systems.

PPV, Supplier Charges & Financial Risk Management

• Lead budget-versus-actual analysis of Purchase Price Variance in COGM and COGS, translating results into clear narratives for business leaders.
• Forecast, track, and analyze supplier-driven cost impacts outside standard BOM assumptions, including premiums, claims, expedites, and part deviations.
• Support business case analysis for non-standard supplier charges needed to maintain production continuity.
• Surface material cost risks and recovery opportunities early, with clear ownership and escalation paths across Finance and Supply Chain.

Systems, Automation & Digital Enablement

• Leverage SAP, Databricks, Gemini, and other AI-enabled tools to build and maintain scalable reporting models for material cost performance.
• Identify high-value opportunities to automate recurring reporting, improve data quality, and reduce manual effort across cost management workflows.
• Partner with IT, Data, and Finance stakeholders to improve reporting architecture, data flow, and usability across core systems.
• Help translate reporting needs into practical requirements that improve how finance tools support decision-making in the business.

Continuous Improvement & Operating Effectiveness

• Design and implement process improvements that simplify monthly reporting cycles and improve transparency across material cost drivers.
• Standardize reporting logic, definitions, and operating rhythms so cross-functional teams are working from a common view of performance.
• Create durable, repeatable ways of working that improve throughput, reduce rework, and support a more scalable cost management model.
• Bring a systems-thinking mindset to how material cost planning, reporting, and decision support fit together across the broader finance ecosystem.

Qualifications

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a closely related field.
• Proven experience in financial analysis, cost management, program finance, or a similar role, ideally in automotive, manufacturing, or another complex product environment.
• Strong understanding of BOM structures, costing methodologies, COGM and COGS reporting, and variance analysis.
• Demonstrated ability to build multi-year forecasts, cost glidepaths, and business-facing reporting that informs leadership decisions.
• Experience partnering cross-functionally with Supply Chain, Engineering, Cost Accounting, and Finance teams to drive alignment on targets and performance.
• Strong analytical and financial modeling skills, with the ability to distill complex cost data into clear, actionable insights.
• Experience improving processes, reporting rhythms, or operating models in ways that increase accuracy, speed, and scalability.
• Working knowledge of SAP and Databricks, with the ability to use data and systems to solve business problems.
• Familiarity with Gemini or similar AI-enabled tools, workflow automation, or reporting automation concepts that can improve finance operations.
• Strong systems thinker who can connect data, process, and business context across multiple teams and sources.
• Excellent communication and presentation skills, with the ability to influence without direct authority and guide cross-functional decision-making.
• Highly organized, detail-oriented, and able to manage multiple priorities in a fast-moving environment.

Preferred Qualifications

• Experience supporting in-production vehicle programs or material cost management in an automotive or EV environment.
• Familiarity with supplier charge analysis, commercial negotiation metrics, and cost reduction pipeline tracking.
• Experience building automated dashboards, reporting pipelines, or decision-support tools using Databricks, BI platforms, or similar analytics environments.
• Background in manufacturing, hardware, or other margin-sensitive industries with complex supply chains.
• Experience working in high-growth environments where processes, systems, and reporting models are still evolving.

Pay Disclosure

The salary range for this role is USD 107,800-134,000 for SoCal-based applicants. This is the lowest-to-highest salary we, in good faith, believe we would pay for this role at the time of this posting. An employee's position within the salary range will be based on several factors, including but not limited to specific competencies, relevant education, qualifications, certifications, experience, skills, geographic location, shift, and organizational needs.

The successful candidate may be eligible for an annual performance bonus and equity awards.

We offer a comprehensive package of benefits for full-time and part-time employees, their spouse or domestic partner, and children up to age 26, including but not limited to paid vacation, paid sick leave, and a competitive portfolio of insurance benefits, including life, medical, dental, vision, short-term disability insurance, and long-term disability insurance to eligible employees. You may also have the opportunity to participate in Rivian's 401(k) Plan and Employee Stock Purchase Program if you meet certain eligibility requirements. Full-time employee coverage is effective on their first day of employment. Part-time employee coverage is effective on the first of the month following 90 days of employment. More information about benefits is available at rivianbenefits.com.

You can apply for this role through careers.rivian.com (or through internal-careers-rivian.icims.com if you are a current employee). This job is not expected to be closed any sooner than August 31st, 2026.