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Sr. Director, Accounting

Lucid Motors
United Statesfull_timeVerifiedPosted 27 Apr 2023

About the role

Leading the future in luxury electric and mobilityAt Lucid, we set out to introduce the most captivating, luxury electric vehicles that elevate the human experience and transcend the perceived limitations of space, performance, and intelligence. Vehicles that are intuitive, liberating, and designed for the future of mobility. We plan to lead in this new era of luxury electric by returning to the fundamentals of great design – where every decision we make is in service of the individual and environment. Because when you are no longer bound by convention, you are free to define your own experience. Come work alongside some of the most accomplished minds in the industry. Beyond providing competitive salaries, we’re providing a community for innovators who want to make an immediate and significant impact. If you are driven to create a better, more sustainable future, then this is the right place for you.
We are currently seeking a Senior Director of Accounting to lead inventory, accounts payable, and fixed assets accounting and related processes/systems, reporting directly to the Principal Accounting Officer.  This individual is a key member of the accounting team, responsible for the close process, day to day accounting, and scale/transform the processes and systems.  The role requires establishing and maintaining working relationships with business partners across the organization, supporting management with analysis, and coaching and mentoring a high-performing team.

You Will:

  • Responsible for operational accounting related to inventory, cost accounting, cost of goods sold, inventory impairment assessment, accounts payable, and capital expenditure
  • Responsible for monthly and quarterly close, reconciliations, and financial reporting related to inventory and gross margin, standard costing including bills of material, overheads, scrap, and impairment assessment
  • Partner with Plant Controller, VP of logistics and manufacturing for effective inventory counts
  • Lead and transform Accounts payable operations and ensure suppliers are paid in accordance with agreement terms and coded accurately before being transferred to the general ledger
  • Liaise with supply chain and tax teams to ensure VAT and related taxes are correctly captured
  • Gain a good understanding of supply chain contracts, and collaborate with business owners and suppliers to ensure policies and procedures are effectively communicated and followed
  • Assists in the preparation of the inventory, gross margin, accounts payable, fixed assets close process and related reporting deliverables, including reviewing all reconciliations
  • Ensure financial records and reports are prepared in compliance with Company’s policies and in accordance with U.S. GAAP and IFRS
  • Work cross-functionally with business partners and other corporate functions such as finance, supply chain, manufacturing and logistics, facilities, new market entries and operations, and tax structure implementation to ensure optimal accounting outcomes
  • Maintain internal control and best-practice financial accounting processes, and ensure compliance with SOX for all areas of ownership
  • Provide internal and external auditors with requested documentation on a timely basis
  • Leads the enhancement/automation of SAP modules for capital expenditure, GRIR, and inventory.  Collaborate with IT to maintain good system processes and controls and ensure continuous improvement for our accounting systems environment
  • Assist the Finance team in developing budgets, manufacturing standards, and financial forecasts

You Bring:

  • Bachelor’s degree in Accounting and/or MBA in Accounting or Finance
  • CPA license strongly preferred
  • Minimum 15 years in a financial and operational accounting with a mix of Big 4. Manufacturing industry experience is must
  • Working knowledge of SAP including inventory, capex and AP modules, and Blackline
  • Strong ability to coach, mentor and develop team members
  • Works well with multiple individuals from across Supply Chain, Operations, Finance, Tax, Risk Management, and Internal and External Auditors
  • Self-starter with a strong desire to achieve results; passionate about quality, results and progress
  • Excellent decision-making capabilities with a thorough understanding of drivers impacting the business
  • Excellent communication skills, both written and verbal, to convey complex matters with simplicity and clarity to non-experts across the company
  • Strong leadership and management skills, with the ability to manage multi-location teams
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Lucid Motors

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