Finance Business Partner – Product Costing at Lucid Motors · Saudi…

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.) 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.