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Manager, Program and Product Cost Finance

Lucid Motors
United Statesfull_timeVerifiedPosted 24 Jul 2024
💰 $190,000/yr($130,000/yr$190,000/yr)

About the role

Leading the future in luxury electric and mobility At 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 looking for a Manager to deliver accurate, data-based information and provide sophisticated reporting. This role will play an integral part of the Finance team that directly helps secure the success of the company. The focus of the team is to provide a high degree of financial transparency across the company and facilitate business decision coordination with all departments.


The Role:

  • Oversee and direct the consolidation and analysis of financial data across the Program and Product Finance Analysts including reconciliations, period-to-period variance analysis, derivation of vehicle cost targets, analyzing cost deviation with variance explanations.
  • Be responsible for the financial status of multiple projects in regular status reports showing budget, forecast, Purchase Request status, Purchase Order status, as well as applicable accounting data.
  • Support and steer the development of profitability models estimating capital payback periods and rates of return.
  • Identify depreciation periods for each type of spend.
  • Ensure the fiscal requirements of each vendor contract are strictly adhered to (especially in terms of: invoicing, costs, payments, and budgets).
  • Lead the developing and refinement of business case assessments with relevant teams to support Program decisions.
  • Lead operating team alignment and decision making as it pertains to financial implications; present data in cohesive reports that provide clear communication and recommendations.
  • Be highly integrated with Management to guide and influence long term and strategic decision making within the broadest scope. Provide objective business consultancy and financial guidance to the company.
  • Partner closely with the operating team (including: Retail, Engineering, Purchasing, Quality, Manufacturing, Program Management, Marketing, and Business Development) to understand financial inputs and provide guidance on operating decisions.
  • Manage the distribution and progress of ad-hoc assignments and projects supporting departments across the organization including month-end financial reporting, longer-term Business Plan development, benchmarking and process analysis.
  • Provide new perspective to identify and propose opportunities for improvement across processes and business functions

 

Qualifications:

  • Bachelor’s degree in Finance, Engineering or related field
  • Master’s degree in Business Administration (MBA) – preferred
  • At least 7 years’ relevant experience, with a minimum of 4 years of variance analysis experience (actuals to forecast comparison) and period-to-period analysis
  • Proven technical, quantitative and critical-thinking skills, high level of independent judgment, initiative and creativity to identify and clearly communicate key performance drivers to senior management
  • Ability to manage multiple projects and assignments with a high degree of autonomy and accountability for results
  • Demonstrated effective written, interpersonal and oral communication skills
  • Established ability using Microsoft Office software with a high proficiency with Excel
  • Finance analyst experience at an Automotive OEM or Tier 1 Supplier – is preferred and huge plus!
Salary Range: The compensation range for this position is specific to the locations listed below and is the range Lucid reasonably and in good faith expects to pay for the position taking into account the wide variety of factors that are considered in making compensation decisions, including job-related knowledge; skillset; experience, education and training; certifications; and other relevant business and organizational factors.   Additional Compensation and Benefits: Lucid offers a wide range of competitive benefits, including medical, dental, vision, life insurance, disability insurance, vacation, and 401k. The successful candidate may also

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Company

Lucid Motors

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