Senior Financial Analyst, Product Development Finance

Senior Financial Analyst, Product Development Finance

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. 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.

Role Overview

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 development 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!

Responsibilities

• 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.

Qualifications

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.

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.