Sr. Director, Accounting

Company: Lucid Motors
Location: Newark
Posted on: May 21, 2023

Job Description:

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 are currently seeking a Senior Director of Accounting to lead inventory, accounts payable, and fixed assets accounting and related processes/systems, reporting directly to the Principal Accounting Officer. This individual is a key member of the accounting team, responsible for the close process, day to day accounting, and scale/transform the processes and systems. The role requires establishing and maintaining working relationships with business partners across the organization, supporting management with analysis, and coaching and mentoring a high-performing team.You Will:Responsible for operational accounting related to inventory, cost accounting, cost of goods sold, inventory impairment assessment, accounts payable, and capital expenditureResponsible for monthly and quarterly close, reconciliations, and financial reporting related to inventory and gross margin, standard costing including bills of material, overheads, scrap, and impairment assessmentPartner with Plant Controller, VP of logistics and manufacturing for effective inventory countsLead and transform Accounts payable operations and ensure suppliers are paid in accordance with agreement terms and coded accurately before being transferred to the general ledgerLiaise with supply chain and tax teams to ensure VAT and related taxes are correctly capturedGain a good understanding of supply chain contracts, and collaborate with business owners and suppliers to ensure policies and procedures are effectively communicated and followedAssists in the preparation of the inventory, gross margin, accounts payable, fixed assets close process and related reporting deliverables, including reviewing all reconciliationsEnsure financial records and reports are prepared in compliance with Company's policies and in accordance with U.S. GAAP and IFRSWork cross-functionally with business partners and other corporate functions such as finance, supply chain, manufacturing and logistics, facilities, new market entries and operations, and tax structure implementation to ensure optimal accounting outcomesMaintain internal control and best-practice financial accounting processes, and ensure compliance with SOX for all areas of ownershipProvide internal and external auditors with requested documentation on a timely basisLeads the enhancement/automation of SAP modules for capital expenditure, GRIR, and inventory. Collaborate with IT to maintain good system processes and controls and ensure continuous improvement for our accounting systems environmentAssist the Finance team in developing budgets, manufacturing standards, and financial forecastsYou Bring:Bachelor's degree in Accounting and/or MBA in Accounting or FinanceCPA license strongly preferredMinimum 15 years in a financial and operational accounting with a mix of Big 4. Manufacturing industry experience is mustWorking knowledge of SAP including inventory, capex and AP modules, and BlacklineStrong ability to coach, mentor and develop team membersWorks well with multiple individuals from across Supply Chain, Operations, Finance, Tax, Risk Management, and Internal and External AuditorsSelf-starter with a strong desire to achieve results; passionate about quality, results and progressExcellent decision-making capabilities with a thorough understanding of drivers impacting the businessExcellent communication skills, both written and verbal, to convey complex matters with simplicity and clarity to non-experts across the companyStrong leadership and management skills, with the ability to manage multi-location teamsSalary 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.Lucid maintains your privacy according to its Candidate Privacy Notice. If you are a California resident, please refer to our California Candidate Privacy Notice.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.Notice regarding COVID-19 protocolsAt Lucid, we prioritize the health and wellbeing of our employees, families, and friends above all else. In response to the novel Coronavirus all new Lucid employees, whose job will be based in the United States may or may not be required to provide original documentation confirming status as having received the prescribed inoculation (doses). Vaccination requirements are dependent upon location and position, please refer to the job description for more details.Individuals in positions requiring vaccinations may seek a medical and/or religious exemption from this requirement and may be granted such an accommodation after submitting a formal request to and the subsequent review and approval thereof by our dedicated Covid-19 Response team.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.

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