What are the responsibilities and job description for the Senior Financial Analyst, Product Development Finance position at lucidmotors?
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 developments 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!
You Will:
- 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.
You Bring:
- Bachelor’s degree in Finance, Economics or related field.
- 1-3 years of relevant experience, with a minimum of 1 year directly supporting engineering, technology, or product teams.
- Prior experience supporting product development, bill of materials, supply chain, 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.
- Preference given to candidates with experience utilizing ERP system and Business Intelligence tools to support monthly variance analysis and cost reduction initiatives
Finance Analyst experience at an Automotive OEM or Tier 1 Supplier, a huge plus!
Additional 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.)
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