Senior Financial Analyst, Product Development Finance

Lucid Group

Job Summary

Lucid is seeking a Senior Financial Analyst for Product Development Finance to support future vehicle platforms. This role involves understanding and driving results in prototyping and development costs, partnering with engineering and supply chain to meet budget and profitability goals. The ideal candidate will have a strategic mindset, creative problem-solving skills, and a desire to advance automotive electrification.

Must Have

  • Lead budgeting, forecasting, and reporting of bill of material and vendor investment costs.
  • Develop effective bill of material management tools.
  • Consolidate and analyze financial data, including reconciliations and variance analysis.
  • Review purchase requests for accuracy and compliance with financial plan.
  • Facilitate program team alignment and decision making.
  • Provide objective progress tracking toward annual OKRs.
  • Bachelor’s degree in Finance, Economics or related field.
  • 1-3 years of relevant experience, with a minimum of 1 year supporting engineering, technology, or product teams.
  • Proven technical, quantitative and critical-thinking skills.
  • High proficiency with Excel and PowerPoint.

Good to Have

  • Prior experience supporting product development, bill of materials, supply chain, or engineering.
  • Experience utilizing ERP system and Business Intelligence tools.
  • Finance Analyst experience at an Automotive OEM or Tier 1 Supplier.

Perks & Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Life insurance
  • Disability insurance
  • Vacation
  • 401k
  • Eligibility to participate in Lucid’s equity program
  • Eligibility for a discretionary annual incentive program

Job Description

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.

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!

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.

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.)

By Submitting your application, you understand and agree that your personal data will be processed in accordance with our Candidate Privacy Notice. If you are a California resident, please refer to our California Candidate Privacy Notice.

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.

This company has demonstrated its commitment to being:

Respectful

Provides candidates with inclusive and positive experiences

Communicative

Sends timely application and interview updates

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13 Skills Required For This Role

Ms Office Team Management Cross Functional Communication Excel Financial Data Analysis Forecasting Budgeting Budget Management Talent Acquisition Game Texts Prototyping Business Intelligence Microsoft Office

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