Manager, Transportation Finance

Role Overview

Manager, Transportation Finance at Lucid Motors. This role ensures accurate and timely support for freight and tariffs cost planning, variance analysis, budgeting, and inventory valuation while working closely with cross-functional teams to drive cost efficiency and operational excellence.

Company Overview

At Lucid, we create exceptional mobility experiences through innovation. Built on proprietary technology and software-defined vehicle architecture, Lucid's award-winning vehicles bring a "Compromise Nothing™" approach to the global automotive market, combining exceptional range, performance, design, and expansive space. We achieve this through deep vertical integration, with design, engineering, and production happening in-house across global offices and manufacturing facilities.

Role Purpose

To ensure accurate and timely assistance on freight and tariffs cost planning, variance analysis, budgeting, and inventory valuation while working closely with cross-functional teams to drive cost efficiency and operational excellence.

Key Responsibilities

Transportation Finance

• Prepare and maintain inventory, freight, and duty cost data for inbound and outbound shipments.
• Coordinate with logistics and procurement teams to ensure door-to-door freight is accurate and optimal.
• Analyze cost deviations and provide inputs for corrective actions.

Budgeting & Forecasting

• Assist in preparation of long-term plans, annual budgets, and rolling forecasts.
• Collect and analyze inputs from logistics and supply chain teams for cost projections.
• Monitor adherence to budgeted costs and flag potential overruns through key performance indicators.

Cost Variance Analysis

• Track and report inventory, inbound, outbound freight, and tariffs variances.
• Assist in root-cause analysis of significant cost variances.
• Support monthly plant performance reporting related to cost key performance indicators.

New Product Costing Support

• Work with new product development and logistics teams to provide landed cost estimates.
• Help prepare business cases and track cost evolution through design phases.
• Validate cost targets based on internal benchmarks and market trends.

Cost Reporting & Management Information Systems

• Prepare regular freight and tariff reports and dashboards.
• Present cost trend analysis, savings, and localization benefits.
• Support budgeting and forecasting activities related to the logistics team.

Data Integrity & ERP Costing Module

• Maintain accuracy of costing data in ERP, specifically the SAP CO module.
• Assist in setting up networks and routings for new products.
• Perform periodic audits of cost master data for completeness and accuracy.

Qualifications & Experience

• 10–15 years of experience in product costing or plant finance roles in manufacturing; automotive or electric vehicle experience preferred.
• Familiarity with ERP systems, with SAP preferred.
• CA, CMA, or MBA in Finance, or equivalent qualification.

Skills & Competencies

• Strong understanding of inventory, inbound, and outbound principles and cost drivers.
• Good analytical and data interpretation skills.
• Proactive and detail-oriented with a focus on execution.
• Strong interpersonal skills to work with cross-functional teams.
• Ability to meet tight deadlines and handle multiple priorities.
• Excel-based analysis capability.

Additional Information

Lucid offers a comprehensive and competitive benefits package including medical, dental, and vision insurance; life and disability coverage; paid time off; paid holidays; paid sick leave; and a 401(k) retirement plan. Hourly and non-exempt employees accrue up to 120 hours paid time off, and salaried and exempt employees accrue up to 160 hours paid time off. Eligible employees may also participate in Lucid's equity program and a discretionary annual cash incentive program. Incentive and equity awards, if applicable, are determined based on individual performance, role scope, market considerations, and overall company results, in accordance with the terms of the applicable plans.