Sr. Finance Analyst, Product Development Finance Newark, CA

Lucid Motors • Newark, CA

345d • $74,400 - $102,300

About The Position

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 - 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 Finance to drive financial ownership and process improvement on our path to profitability. This role will be integral to understanding and driving results in our direct material costs, including both fixed and variable costs in each of our vehicle platforms. 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!

Requirements

• Bachelor's degree in Finance, Economics or related field.
• At least 5 years of relevant experience, with a minimum of 3 years of variance and period-to-period analysis experience.
• Prior experience supporting product development, bill of material, 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.
• Experience utilizing ERP system and Business Intelligence tools to support monthly variance analysis and cost reduction initiatives; preferably experience with SAP/Anaplan.
• Finance Analyst experience at an Automotive OEM or Tier 1 Supplier, a huge plus!

Responsibilities

• Lead budgeting, forecasting, and reporting of our bill of material and vendor investment (tooling and engineering development) costs directly tied to our flagship 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 operating cost changes with insightful explanations.
• Review purchase requests to ensure accuracy and compliance with financial plan.
• Facilitate operating team alignment and decision making, present data in cohesive reports that provide clear communication and recommendations.
• Provide objective progress tracking toward annual OKRs and analyze strategic initiatives to reduce our cost of goods sold.
• 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.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Vacation
• 401k
• Equity program
• Discretionary annual incentive program

What This Job Offers

• Career Level: Mid Level
• Industry: Transportation Equipment Manufacturing
• Education Level: Bachelor's degree