MBA Intern - Business Finance (Summer 2023)

Number of employees

10000

United States, California, Irvine, United States

Posted on: 2022-12-09

Category: emobility

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Expired

Employment type:

Internship

Experience required:

Intern

Salary

Salary not provided

About the company:

Doing something different is never easy. It requires courage, optimism and grit. Core to our mission is building a team of adventurous individuals determined to make a positive impact on the world. This means challenging ourselves constantly. Stretching beyond the bounds of conventional thinking. Reframing old problems. Seeking new solutions. And operating comfortably in a space of uncertainty. While our backgrounds are diverse, our team shares a love of the outdoors and a desire to protect it for future generations. Do you like doing the impossible? We’d love to hear from you.

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. 

Internship Term: Summer 2023

Rivian internships are experiences optimized for student candidates. To be eligible, you must be an undergraduate or graduate student in an accredited program during the internship term with an expected graduation date between Fall 2023 through Fall 2025.

If you are not pursuing a degree, please see our full time positions at Rivian.com/careers

Note that if your university has specific requirements for internship programs, it is your responsibility to fulfill those requirements.

 

Role Summary

As an MBA intern with our Product Development, Commercial, Corporate or Operations Business Finance teams you'll partner with engineering, manufacturing and purchasing teams to forecast and manage development spend and bill of materials forecasts. You'll contribute a finance perspective to important discussions in the Commercial, Operations, or Product Development process. 

Responsibilities

  • Support regular forecasts and other reporting to executives and other stakeholders.
  • Perform financial analysis to aid business partners in identifying cost opportunities and risks.
  • Consolidate financial data across multiple systems to prepare consolidated monthly reports and perform variance analysis for both operational and finance customers.
  • Produce monthly variance reports and commentary on actual development costs vs. forecasted development costs / revenues.
  • Prepare monthly accruals and monthly financial planning/budgeting.

 

Qualifications

  • Must be currently pursuing a Master of Business Administration (MBA) degree full time at an accredited university.
  • Bachelors Degree in accounting, finance or related field. 
  • CFA, FRM, and/or CPA or foreign accountancy equivalent. 
  • 3+ years of corporate finance, banking, private equity, venture capital, or management consulting experience.
  • Automotive industry experience preferred, with experience in bill of material highly preferred.
  • Ability to manage multiple priorities by identifying and engaging appropriate associates to deliver under given time constraints and deadlines.
  • Excel power user with strong PowerPoint, Tableau or PowerBi skills.
  • Ability to present ideas and complex concepts in a concise, well-organized manner.
  • SAP experience strongly preferred.

 

#LI-198127781_SD3

Salary Range/Hourly Rate for Internships: The range of pay for internships is 50.00-60.00 per hour. Actual compensation will be determined based on location, and other factors permitted by law.

Rivian provides robust wellness benefits, and a medical insurance package for interns, 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 [email protected].

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.

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