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Sr. Finance Manager

3 weeks 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.

The Senior Finance Manager is responsible for the organization, direction, and controls over all financial aspects of the manufacturing plant in Kingdom of Saudi Aribia (KSA). This includes all FP&A, Cost Accounting, Fixed Assets and general ledger activities. The Senior Finance Manager is responsible for organizing, developing, and presenting useful information to management for decision-making purposes. They will focus on interpreting results, making recommendations, understanding overall business needs, at the same time emphasizing change management with a strategic orientation.

**The role**:

- Supervise, review and interpret month/quarter/year-end financial reports as well as month-end close processes to support the business unit and corporate
- Manage the annual budget, monthly and quarterly forecasts, and financial comparisons and explanations of actual results versus the financial estimates
- Direct and control all accounting activities associated with the accurate recording and reporting of costs of manufacturing for individual products and performance (cost and profitability) on a product line basis.
- Analyze and interpret operating and financial results to identify trends and activities driving those results and make recommendations on potential changes, both operation and financial in nature, to improve performance
- Develop cost data for the justification of capital asset purchases as they relate to operation’s cost savings. Assist in the audit process of capital purchases and prepare reports regarding the results of capital projects
- Analyze balance sheet for key accounts, including inventory, fixed assets. Prepare and/or approve account reconciliations
- Manage the integration of operations finance related accounting processes, policies and procedures constructively challenge current processes to continually improve.
- Support external audit activities and compliance to Lucid Accounting policies and internal controls
- Train and mentor team members
- Actively participate and/or lead cost take out initiatives
- Build organizational capabilities with a continuous improvement focus
- Build business acumen & partnership across the business unit

**Qualifications**:

- Bachelor’s Degree in Accounting, Finance or related field required
- 10+ years of progressive operational Finance / Accounting experience.
- Certified Public Accountant (CPA) and/or Master’s degree (MBA) strongly preferred
- 5+ years management experience in manufacturing
- Understanding of managing variances associated with MFG environment (cost and inventory variances analysis, E&O etc.)
- Ability to build a manufacturing finance organization
- Ability to develop policies and procedures to meet government and internal needs
- Automotive manufacturing experience preferred
- Ability to work in fast-paced, start-up environment
- Strong communication and organizational skills to effectively interact with all levels of management
- Change leadership to transform and align an organization through its people to drive for improvement in new and challenging directions
- Strong analytical, problem solving and deductive reasoning skills
- Strong computer spreadsheet modeling and word processing skills (i.e. MS Office)
- Time management skills including ability to prioritize and organize work to maximize efficiency
- Knowledge of personnel management principles, including performance management and coaching
- 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 fr