Sr. Finance Analyst, Cost Optimization

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 would like to welcome an Sr. Finance Analyst, Cost Optimization to our team. This person will require relevant experience, a strong academic background and a desire to influence a cleaner future through the electrification of the transportation space.

Responsibilities:

• Defining and tracking key performance indicators (KPIs) related to cost management and providing regular reports to senior management 
• Implementing and managing a cost management reporting plan (including weekly, monthly and annual reports) synthesizing cost control measures progress for review with Lucid Leadership and Board of Directors 
• Collaborating across departments such as Corporate Finance, Manufacturing, Logistics, Supply Chain & Quality to develop measures and collect progress data relative to them 
• Monitoring actual/forecasted cost against budget, analyzing variances and aligning on operating rationale and financial implications with the operating team 
• Performing detailed cost driver analysis and driving corrective actions with the operating teams 
• Leading workshops across Manufacturing, Logistics, Supply chain and Quality sub-functions to drive incremental cost control opportunities and to facilitate acceleration of initiative progress and removal of roadblocks 
• Performing research and analysis to synthesize benchmarks for cost control measures 
• Overseeing collaboration with business functions to drive regular meeting cadence and collaboration on analysis for deep dives 

Required Qualifications:

• Bachelor's degree in business, Finance, Accounting or related field 
• 4+ years of experience in cost management, budgeting, and financial analysis with a significant portion of that experience preferred to be in the automotive manufacturing industry  
• Experience in manufacturing, logistics, and/or supply chain/quality functions preferred 
• Proficiency in financial modeling and cost analysis tools including advanced knowledge of Excel (E.g., formulas, VLOOKUP. Pivot etc.) 
• Excellent oral and written communication, and interpersonal skills, with the ability to collaborate effectively across departments 
• Analytical mindset with attention to detail

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.·       California (Bay Area) - $96,000 – $132,000 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 be eligible to participate in Lucid’s equity program and/or a discretionary annual incentive program, subject to the rules governing such programs. (Cash or equity incentive awards, if any, will depend on various factors, including, without limitation, individual and company performance.)
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