Sr. Manager, Cost Optimization

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.

Lucid’s Global Cost Optimization team is committed to driving one of the top strategic priorities for the company. Our team’s focus is on catalyzing and managing cost optimization initiatives across the company. We are seeking a highly qualified and accomplished professional to join our team as Sr. Manager, Cost Optimization. 

In this dynamic and high visibility role, you will report to the Sr. Director, Cost Optimization and play a key part in shaping the financial landscape of our global organization. As Sr.  Manager, Cost Optimization, you will lead the charge in driving cost optimization initiatives, provide thoughtful analysis and business guidance, provide critical support to senior leadership, and collaborate across all function of the company to instill a culture of cost-consciousness and continuous improvement. A successful candidate should be able to challenge and yet effectively partner with key stakeholders, provide solutions and be able to pivot quickly. 

How We Work: 

We balance hard work and innovation through purpose driven, in-person collaboration. This opportunity is a 100% onsite role in our Newark, CA location.  

You Will: 

• Partner closely with business partners to understand key cost drivers, providing tactical direction in the development and implementation of cost improvement measures across major operational verticals (e.g., Manufacturing Operations, R&D, G&A, Sales & Service, Vehicle direct cost) 

• Drive high priority cost optimization activities across all aspects of the business (e.g. sales, delivery, service, marketing, logistics, supply chain, manufacturing and quality) by becoming a trusted resource for financial data, processes, and business operations 

• Collaborate cross-functionally with business and finance partners to establish cadence, facilitate tracking, analyze and mobilize the cost optimization initiatives 

• Lead key initiatives from idea stage to execution 

• Own data analysis and provide insightful business intelligence for the Cost Optimization portfolio 

• Assist with developing a comprehensive cost optimization roadmap and own the consolidation/analysis/reporting on program progress 

• Develop materials and reports for Executive Leadership, including Board of Directors and Board Committees 

You Bring: 

• 10+ years business development, corporate development, program management or management consulting experience 

• Bachelor’s degree in management, business, engineering or other relevant fields; Master’s preferred 

• Ability to work cross-functionally in a fast paced and dynamic environment 

• Advanced knowledge & proficiency in PowerPoint and Excel (E.g. VLOOKUP, Pivot, Macros) 

• Aptitude for driving projects to completion with minimal guidance while still operating in a team environment 

• Deep understanding of financial and operational metrics across all aspects of the P&L from revenue down to cash flow 

• Proven technical, quantitative, and critical-thinking skills, with a high level of independent judgment and creativity 

• Excellent critical thinking, research, and analytical capabilities 

• Excellent bu