Manager, Program and Product Cost Finance

Company: Lucid Motors
Location: Newark
Posted on: May 24, 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 looking for a Manager to deliver accurate, data-based information and provide sophisticated reporting. This role will play an integral part of the Finance team that directly helps secure the success of the company. The focus of the team is to provide a high degree of financial transparency across the company and facilitate business decision coordination with all departments.The Role:Oversee and direct the consolidation and analysis of financial data across the Program and Product Finance Analysts including reconciliations, period-to-period variance analysis, derivation of vehicle cost targets, analyzing cost deviation with variance explanations.Be responsible for the financial status of multiple projects in regular status reports showing budget, forecast, Purchase Request status, Purchase Order status, as well as applicable accounting data.Support and steer the development of profitability models estimating capital payback periods and rates of return.Identify depreciation periods for each type of spend.Ensure the fiscal requirements of each vendor contract are strictly adhered to (especially in terms of: invoicing, costs, payments, and budgets).Lead the developing and refinement of business case assessments with relevant teams to support Program decisions.Lead operating team alignment and decision making as it pertains to financial implications; present data in cohesive reports that provide clear communication and recommendations.---Be highly integrated with Management to guide and influence long term and strategic decision making within the broadest scope. Provide objective business consultancy and financial guidance to the company.---Partner closely with the operating team (including: Retail, Engineering, Purchasing, Quality, Manufacturing, Program Management, Marketing, and Business Development) to understand financial inputs and provide guidance on operating decisions.---Manage the distribution and progress of ad-hoc assignments and projects supporting departments across the organization including month-end financial reporting, longer-term Business Plan development, benchmarking and process analysis.---Provide new perspective to identify and propose opportunities for improvement across processes and business functionsQualifications:Bachelor's degree in Finance, Engineering or related fieldMaster's degree in Business Administration (MBA) - preferredAt least 7 years' relevant experience, with a minimum of 4 years of variance analysis experience (actuals to forecast comparison) and period-to-period analysisProven technical, quantitative and critical-thinking skills, high level of independent judgment, initiative and creativity to identify and clearly communicate key performance drivers to senior managementAbility to manage multiple projects and assignments with a high degree of autonomy and accountability for resultsDemonstrated effective written, interpersonal and oral communication skillsEstablished ability using Microsoft Office software with a high proficiency with ExcelFinance analyst experience at an Automotive OEM or Tier 1 Supplier - a huge plus!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. California (Bay Area) - $131k-187kAdditional 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.)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.

Keywords: Lucid Motors, Newark , Manager, Program and Product Cost Finance, Executive , Newark, California