Sr. Finance Analyst, Warranty Operations and An...

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 protocols At Lucid, we prioritize the health and wellbeing of our employees, families, and friends above all else. In response to the novel Coronavirus all new Lucid employees, whose job will be based in the United States may or may not be required to provide original documentation confirming status as having received the prescribed inoculation (doses). Vaccination requirements are dependent upon location and position, please refer to the job description for more details. Individuals in positions requiring vaccinations may seek a medical and/or religious exemption from this requirement and may be granted such an accommodation after submitting a formal request to and the subsequent review and approval thereof by our dedicated Covid-19 Response team. 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. The Role: Collaborate with Quality, Engineering, Service, and Purchasing operations in the development and administration of warranty policies and processes, including development of warranty operating/financial performance data Support the analysis of warranty service field data to understand vehicle performance trends Complete and distribute required analysis for monthly financial reviews of warranty activity, including development of annual operating plans, monthly financial forecasts, and business plans Consolidate and analyze financial data including reconciliations, period-to-period variance analysis, derivation of vehicle cost targets, analyzing cost deviation with variance explanations Build complex models and provide analytical assistance on business cases and different scenarios for warranty Track, analyze, and maintain warranty claims and other KPIs through appropriate databases Oversee warranty reserve models and warranty reserve adequacy analysis, ensure Finance/Operations alignment Support warranty scorecard / KPIs reporting to drive performance, visibility, management, and improvement on an ongoing basis Maintain the warranty status of multiple projects in regular status reports showing budget, forecast, Purchase Request status, Purchase Order status, as well as applicable accounting accrual data Develop and refine business case assessments with relevant teams to support Program decisions To facilitate operating team alignment and decision making, be able to present 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 Provide new perspective to identify and propose opportunities for improvement across processes and business functions Qualifications: Finance analyst experience at an Automotive OEM - required Bachelor’s degree in Finance, Engineering, or related field Master’s degree in Business Administration (MBA) – preferred At least 5 years’ industry experience, with a minimum of 3 years of financial variance analysis (actuals to forecast and actuals vs. plan comparisons) and period-to-period analysis Understanding of the basic principles of warranty policy, warranty service, warranty reserves/accruals and warranty claim payment, ncluding standard and extended warranty plans for vehicles 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 Demonstrated effective written, interpersonal, and oral communication skills Established ability using SAP and Microsoft Office software with a particularly high proficiency with Excel