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About Lucid Motors-LA

Lucid Motors-LA is dedicated to creating exceptional mobility experiences through innovation, driving the world forward. Built on proprietary technology and a software-defined vehicle architecture, the company's award-winning vehicles embody a "Compromise Nothing™" approach in the global automotive market. Lucid designs and builds vehicles such as the Lucid Air and Lucid Gravity, which redefine their segments by combining exceptional range, performance, design, and expansive space. This is achieved through deep vertical integration, with design, engineering, and production managed in-house across global offices and manufacturing facilities.

Role Overview: Finance Business Partner, Product Costing

Lucid Motors-LA is seeking a Finance Business Partner, Product Costing to join its team in King Abdullah Economic City, Makkah, Saudi Arabia. This full-time role supports Supply Chain operations by delivering accurate, data-based financial information and analysis. The primary objective is to provide a high degree of financial transparency and business modeling across the company, facilitating coordinated business decisions with all departments. Candidates should possess 5-10 years of relevant experience.

Key Responsibilities

• Define and track material cost targets, including vendor tooling and supplier risk.
• Establish commodity and part-level cost targets aligned with the business plan.
• Ensure accuracy and governance of the Bill of Materials (BoM) structure and costing, and manage BoM tracking to ensure structural accuracy and sourcing alignment.
• Maintain vehicle and model-level cost targets based on volume mix.
• Develop and validate cost models, incorporating raw material, weight, sourcing, and engineering/design changes.
• Prepare monthly financial reports (Actual vs Budget vs Forecast) and perform variance analysis to provide root cause insights.
• Consolidate and reconcile financial data across planning cycles.
• Develop ROI and NPV analyses for supplier investments and cost optimization initiatives.
• Build profitability models, including payback period and return metrics, to support senior management decision-making through structured financial evaluations.
• Conduct benchmarking studies to evaluate cost competitiveness and support cost reduction initiatives (*, TVM, Change Control).
• Identify opportunities for cost savings and efficiency improvements.
• Partner with Sourcing, Engineering, and Operations teams to support material demand planning and sourcing strategies.
• Provide financial insights, analysis, and recommendations for key decisions.

Required Qualifications and Experience

• 5-10 years of relevant professional experience.
• Demonstrated high proficiency with Microsoft Excel and other Microsoft Office software.
• Finance analyst experience at an Automotive OEM or Tier 1 Supplier is highly advantageous.

Skills and Attributes

• Strong analytical, problem-solving, and communication skills.
• Ability to work effectively in a fast-paced, cross-functional environment.
• Attention to detail and a commitment to continuous improvement.
• Proven effective written, interpersonal, and oral communication skills.
• Demonstrated 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.

Location and Work Type

This is a full-time position based in King Abdullah Economic City, Makkah, Saudi Arabia.