Sr. Financial Analyst

3 days ago

Jeddah, Saudi Arabia Lucid Motors Full time

**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.

Sr. Finance Analyst will require relevant extensive experience and a strong academic background with a desire to influence a cleaner future through the electrification of the transportation space. This role will play an integral part of the Finance team to continue the success of the company.

**DUTIES**:

- Consolidate and analyze financial data including reconciliations, period-to-period variance analysis, analyzing cost deviation with variance explanations.
- Maintain the financial status of multiple projects in weekly status reports showing budget, forecast, Purchase Request status, Purchase Order status, as well as applicable accounting data.
- Develop profitability models estimating capital payback periods and rates of return.
- Identify depreciation periods for the various spend types.
- Ensure the fiscal requirements of each vendor contract are strictly adhered to - especially in regards: invoicing, costs, payments (including terms), and budgets.
- Develop and refine business case assessments with relevant teams to support Program decisions.
- Facilitate operating team alignment and decision making; presenting 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: Manufacturing, Logistics, Engineering, Purchasing, Quality, Program Management, and Marketing) 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, longer-term Business Plan development, benchmarking and process analysis.
- Provide new perspective to identify and propose opportunities for improvement across processes and business functions

**Requirements**:

- Bachelor’s degree in Finance, Economics, Engineering or related field
- Master’s degree in Business Administration (MBA) - preferred
- At least 5 years’ relevant experience, with a minimum of 2 years of variance analysis experience (actuals to forecast comparison) and period-to-period analysis
- 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 software with a high proficiency with Excel
- Finance analyst experience in a manufacturing environment 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.

**Notice regarding COVID-19 vaccination requirement as a condition of gainful employment within the United States**

At Lucid, we prioritize the health and wellbeing of our employees, families, and friends above all else. In response to the novel Coronavirus, and the increased transmissibility with recent variants, all new Lucid employees, whose job will be based in the United States, must provide original documentation confirming status as having received the prescribed inoculation (doses) based on the manufacturer's guidelines on their first day of employment.

Individuals seeking a medical and/or religious exemption from this requirement may be granted such an accommodation after submitting a formal request to and the subsequent review

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