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Senior Financial Analyst, Product Development Finance

3 weeks ago

Newark, Delaware, United States Lucid Motors Full time $86,800 - $119,350
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 Senior Financial Analyst, Product Development Finance to support the development of our future vehicle platforms. This role will be integral to understanding and driving results in our prototyping and developments costs of new vehicles, including close partnership with engineering and supply chain partners to drive results within budget and profitability expectations. If you have a strategic mindset, creative problem-solving skills, and a desire to progress the electrification of the automotive space, we want to talk to you

You Will:

  • Lead budgeting, forecasting, and reporting of our bill of material and vendor investment (tooling and engineering development) costs directly tied to our future vehicles.
  • Develop effective bill of material management tools, including segmentation of large data sets into digestible metrics provided to multiple cross-functional teams.
  • Consolidate and analyze financial data including reconciliations, period-to-period variance analysis, establishing relevant KPI and cost targets, analyzing engineering and development changes with a focus on avoiding cost increases.
  • Review purchase requests to ensure accuracy and compliance with financial plan.
  • Facilitate program team alignment and decision making, and present data in cohesive reports that provide clear communication and progress of key program milestones.
  • Provide objective progress tracking toward annual OKRs and analyze strategic initiatives to reach Start of Production with a vehicle aligned to our profitability targets.
  • Additional ad-hoc assignments and projects supporting departments across the organization including month-end financial reporting, longer-term Business Plan development, benchmarking and process analysis.

You Bring:

  • Bachelor's degree in Finance, Economics or related field.
  • 1-3 years of relevant experience, with a minimum of 1 year directly supporting engineering, technology, or product teams.
  • Prior experience supporting product development, bill of materials, supply chain, or engineering highly 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 suite, particularly high proficiency with Excel and PowerPoint.
  • Preference given to candidates with experience utilizing ERP system and Business Intelligence tools to support monthly variance analysis and cost reduction initiatives

Finance Analyst experience at an Automotive OEM or Tier 1 Supplier, a huge plus

 
 
At Lucid, we don't just welcome diversity - we celebrate it Lucid Motors is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, national or ethnic origin, age, religion, disability, sexual orientation, gender, gender identity and expression, marital status, and any other characteristic protected under applicable State or Federal laws and regulations. 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 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.) Base Pay Range (Annual) $86,800—$119,350 USD

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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To all recruitment agencies: Lucid Motors does not accept agency resumes. Please do not forward resumes to our careers alias or other Lucid Motors employees. Lucid Motors is not responsible for any fees related to unsolicited resumes.