Derived from job-description analysis by Serendipath's career intelligence engine.
Original posting from Lucid Motors via Greenhouse
Leading the future in luxury electric and mobility
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 – 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.Job Summary:
We are looking for FBP, Product Costing to support Supply Chain operations, to deliver accurate, data-based information and analysis. The focus of the role is to provide a high degree of financial transparency and business modeling across the company and facilitate business decision coordination with all departments.
If you are detail-oriented, proactive and enjoy a challenge then we want to talk with you!
Responsibilities:
Planning, Target Setting & Cost Modeling
Define and track material cost targets, including vendor tooling and supplier risk
Establish commodity / part-level cost targets aligned with the business plan
Ensure accuracy and governance of Bill of Materials (BoM) structure and costing
Manage BoM tracking to ensure structure accuracy and sourcing alignment
Maintain vehicle / model-level cost targets based on volume mix
Develop and validate cost models, incorporating raw material, weight, sourcing, and engineering/design changes
Financial Reporting & Variance Analysis
Prepare monthly financial reports (Actual vs Budget vs Forecast)
Perform variance analysis and provide root cause insights
Consolidate and reconcile financial data across planning cycles
Investment Analysis & Business Case Development
Develop ROI / NPV analysis for supplier investments and cost optimization initiatives
Build profitability models, including payback period and return metrics
Support senior management decision-making through structured financial evaluations
Cost Optimization & Benchmarking
Conduct benchmarking studies to evaluate cost competitiveness
Support cost reduction initiatives (e.g., TVM, Change Control)
Identify opportunities for cost savings and efficiency improvements
Business Partnering & Decision Support
Partner with Sourcing, Engineering, and Operations teams
Support material demand planning and sourcing strategies
Provide financial insights, analysis, and recommendations for key decisions
Required Skills:
Strong analytical, problem-solving, and communication skills.
Ability to work in a fast-paced, cross-functional environment.
Attention to detail and commitment to continuous improvement.
Demonstrated effective written, interpersonal and oral communication skills
Minimum Qualifications:
Bachelor’s degree in finance, Accounting or related field
Master’s degree in business administration (MBA) – preferred
At least 10 years’ relevant experience
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
Established ability using Microsoft Office software with a high proficiency with Excel
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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