Finance Analyst - Warranty Costs
Company: Lucid Motors
Location: Newark
Posted on: May 31, 2021
Job Description:
Leading the future of luxury
mobility
Lucid’s mission is to inspire
the adoption of sustainable energy by creating the most captivating
luxury electric vehicles, centered around the human experience.
Working at Lucid Motors means having a shared vision to power the
future in revolutionary ways. Be part of a once-in-a-lifetime
opportunity to transform the automotive industry.
We are looking for a Financial Analyst – Warranty Costs 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:
- Track, analyze, and maintain warranty claims and other KPIs
through appropriate databases
- Complete and distribute required analysis for monthly financial
reviews of warranty activity
- Oversee warranty reserve models and analysis, ensure alignment
with Quality and Operations teams
- Support the development and refinement of warranty policies and
recovery plans
- Support warranty scorecard / KPIs reporting to drive
performance, visibility, management, and improvement on an ongoing
basis
- Consolidate and analyze financial data including
reconciliations, period-to-period variance analysis, derivation of
vehicle cost targets, analyzing cost deviation with variance
explanations
- Maintain the warranty status of multiple projects in regular
status reports showing budget, forecast, Purchase Request status,
Purchase Order status, as well as applicable accounting accrual
data
- Develop and refine business case assessments with relevant
teams to support Program decisions
- To facilitate operating team alignment and decision making, be
able to present data in cohesive reports that provide clear
communication and recommendations
- Actively participate 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:
Engineering, Purchasing, Quality, Manufacturing, Program
Management, Marketing, and Sales) to understand financial inputs
and provide guidance on operating decisions
- Additional ad-hoc assignments and projects supporting
departments across the organization including month-end financial
reporting, Business Plan development, benchmarking and process
analysis
- Provide new perspective to identify and propose opportunities
for improvement across processes and business functions
Qualifications:
- Bachelor’s degree in Finance, Engineering or related field
- Master’s degree in Business Administration (MBA) –
preferred
- Finance analyst experience at an Automotive OEM – required
- At least 5 years’ relevant industry experience, with a minimum
of 2 years of financial variance analysis (actuals to forecast
comparison) and period-to-period analysis
- Understanding of repair activities and times as well as the
basic principles of warranty and claim payment in the automotive
industry, including standard and extended warranty plans for
vehicles
- Proven technical, quantitative and critical-thinking skills,
high level of independent judgment, initiative and creativity to
identify and clearly communicate key performance drivers to
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 SAP and Microsoft Office software
with a particularly high proficiency with Excel
Be part of something
amazing
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.
At Lucid, we don’t just welcome
diversity - we celebrate it! Lucid Motors is proud to be an equal
opportunity workplace and is an affirmative action employer.
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.
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 , Finance Analyst - Warranty Costs, Other , Newark, California
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