The Staff Finance Associate in Energy Storage at Redwood Materials is responsible for managing and optimizing the financial aspects of the company's battery supply chain, including BOM cost management, cost reduction initiatives, and financial analysis to support strategic sourcing and operational decisions.
Key Responsibilities
Own and maintain detailed bill of materials (BOM) cost models for energy storage products
Develop and manage should-cost models to benchmark component pricing against market rates and supplier quotes
Identify, quantify, and track cost reduction initiatives across the supply chain
Analyze supplier cost structures and logistics to inform sourcing strategies and risk mitigation
Build financial frameworks linking procurement decisions, supplier performance, and operational trade-offs to margins and unit economics
Requirements
Own and maintain detailed bill of materials cost models across all energy storage products, including raw materials, cells, modules, power electronics, balance of system, and packaging ensuring accuracy, version control, and visibility across the organization
Develop and manage should-cost models to benchmark components and subassembly pricing against market rates and supplier quotes
Identify, quantify, and track cost reduction initiatives across the supply chain in partnership with engineering, procurement, and operations including supplier negotiations, design-to-value opportunities, and make-vs-buy analysis
Analyze supplier cost structures and logistics economics to inform sourcing strategy and risk mitigation
Build financial frameworks that connect procurement decisions, supplier performance, and operational trade-offs to margin and unit economics outcomes
Partner cross-functionally to inform pricing, sourcing, second-sourcing, and strategic supply chain decisions with rigorous financial analysis
Undergraduate or professional background in Electrical Engineering, Mechanical Engineering, or a related technical field
Strong foundation in cost modeling, BOM management, supply chain finance, or financial analysis
Exceptional Excel and financial modeling skills, including experience building bottoms-up BOM cost models and should-cost analyses
Deep familiarity with manufacturing cost structures and supply chain economics
Ability to translate complex supply chain and technical details into clear financial insights for executive stakeholders
Strong communication skills and comfort working across engineering, procurement, operations, and executive teams
Self-starter mentality with the ability to structure ambiguous problems in a fast-moving environment
Experience in energy storage, battery systems, or renewable energy supply chains