Sr. Finance Analyst, Cost Optimization

4 weeks ago


Newark, United States Lucid Motors Full time

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

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

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