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Sr. Finance Analyst, Warranty Operations and Analysis (Remote)
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.
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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
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
