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Sr. Manager, Material Handling and Inventory Finance
Lucid MotorsCasa Grande, United Statesfull_timeVerifiedPosted 26 Jul 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 looking for a Sr. Finance Manager to support Material Handling and Inventory, partnering with cross function team to develop financial models for business decision. This role will report to a Finance Director.
We are looking for a Sr. Finance Manager to support Material Handling and Inventory, partnering with cross function team to develop financial models for business decision. This role will report to a Finance Director.
Essential Functions:
- Support Business partners in the movement of material and associated information from receiving through delivery to production
- Support Business partners in the inventory and operations planning process
- Support leadership and provide guidance to the materials and production scheduling teams
- Work with Business partners to Establish a robust SIOP process along with an integrated master production schedule that ties in the supply and demand forecasts to improved production throughput, operational efficiency and OTD for our customers
- Work with business partners to monitors planning strategies to meet service level and inventory objectives. This would include demand and supply planning, master production scheduling, and finished goods planning
- Support Business partners in the management of all raw, WIP, and finished goods inventory to support overall business objectives.
- Maintain a strong working relationship with business partners in adjacent and supporting functions.
- Provide leadership in delivering improved business results in order fill rate performance, inventory turns, slow moving and obsolete inventory, and other metrics through rapid process improvements
- Provide early identification of problems, advise senior leadership of risks, and recommend options and/or corrective action
- Monitor team performance, provide feedback and development opportunities
- Work with Business partners to ensure that relevant inputs are provided for a successful financial reporting and analysis as well as Financial Planning (LRP) and forecasting
- Work with business partners to Utilize lean tools to develop and continuously improve standardized planning processes and collaborate with all functional areas to drive efficiencies across the business
- Work closely with sales, marketing, finance, and operations to implement seamless material transitions or new product introductions with minimal obsolescence
- Support Business partners to drive inventory management to develop Plan For Every Part (PFEP) strategies to achieve target inventory turnover while minimizing negative customer impacts due to product shortage or delays
- Support Business partners in ensuring the demand plan, supply plan and production plans are integrated into a level-loaded master schedule that will optimize production efficiency.
- Modeling business cases of multiple projects for global manufacturing international expansion, including P/L, cash flow, NPV, IRR analysis
- Develop profitability models estimating capital payback periods and rates of return.
- Present business case to executives in cohesive reports that provide clear communication and recommendations.
- Additional ad-hoc assignments and projects supporting, including Annual Budget, Cycle Plan, longer-term Business Plan
- Manage and track multiyear project budget including Opex and Capex
Qualifications:
- Bachelor’s degree in Finance, Accounting or related field
- Master’s degree in Business Administration (MBA) – preferred
- At least 10 years’ relevant experience, including 5 years people management, international assignment is preferred
- 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 experi
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