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Home/Jobs/Finance Business Partner - Manufacturing
Lucid Motors logo
Lucid Motors

Finance Business Partner - Manufacturing

🇸🇦 Jeddah, Saudi Arabia🏢 On-site
Financial PlanningCost ModelingVariance AnalysisROINPVManufacturingKPIs

At a Glance

Category
🏦 Finance & Banking
Level
Mid-Level
Type
Full-time
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Lucid Motors logo
Lucid Motors
1000-5000 employees

About Lucid

At Lucid, we are creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid’s proprietary technology and software-defined vehicle architecture, our award-winning vehicles bring our “Compromise Nothing™” approach to the global automotive market. That means refusing to choose between performance and sustainability, design and engineering, ambition and integrity. In Lucid Air and Lucid Gravity, we have designed and built vehicles that have redefined their segments, combining exceptional range, performance, design, and expansive space in a single experience.

We achieve this through deep vertical integration, with design, engineering, and production happening in-house across our global offices and manufacturing facilities. Our teams come from industries around the world, united by a shared commitment to excellence. By refusing to settle, you can help redefine what’s possible and shape the future of mobility.

Position Overview:

Drives financial planning, cost target setting, and advanced cost modeling to support manufacturing competitiveness. Owns financial reporting and variance analysis, delivering actionable insights to inform both operational and strategic decision-making. Leads business case development, investment analysis, benchmarking, and cost optimization initiatives. Acts as a key finance partner to the manufacturing team, ensuring alignment and maintaining end-to-end cost discipline across all operational areas.

Responsibilities:

Planning, Target Setting & Cost Modeling:
Define and track manufacturing cost targets, including HPU and CPU. Establish detailed, shop-level cost centers across Stamping, Body, Paint, Assembly, Powertrain, Battery, Utilities, and Logistics, ensuring alignment with the overall business plan. Maintain strong governance over manufacturing structures and costing accuracy. Manage standard costing processes and perform variance analysis at the shop level. Develop and maintain vehicle and model-level cost targets based on production volumes. Monitor key manufacturing KPIs such as OEE, throughput, rework, downtime, and scrap, linking performance to financial impact.

Financial Reporting & Variance Analysis:
Prepare monthly financial reports comparing actuals, budget, and forecast. Perform detailed variance analysis and provide clear root-cause insights. Consolidate and reconcile financial data across planning and reporting cycles to ensure consistency and accuracy.

Investment Analysis & Business Case Development:
Develop ROI and NPV analysis to evaluate manufacturing investments and cost optimization initiatives. Build comprehensive profitability models, including payback periods and return metrics. Support senior management decision-making through structured and data-driven financial evaluations.

Cost Optimization & Benchmarking:
Conduct benchmarking analyses to assess cost competitiveness. Support and drive cost reduction initiatives across manufacturing operations. Identify opportunities for cost savings and efficiency improvements.

Business Partnering & Decision Support:
Partner closely with manufacturing operations teams to align financial and operational objectives. Support labor demand planning and overhead expense strategies. Provide clear financial insights, analysis, and recommendations to support key business decisions.

Minimum Skills & Qualifications:

  • Bachelor’s degree in Finance, Accounting, or a related field, with a professional certification preferred.
  • Brings 3–6 years of finance experience, including exposure to manufacturing environments.
  • Demonstrates experience in Supply Chain, Product Costing, BoM structures, FP&A, or other large-scale operations.
  • Possesses strong financial modeling capabilities and advanced proficiency in Microsoft Office, particularly Excel.
  • Familiarity with ERP systems such as SAP or Oracle, along with exposure to data visualization tools, is considered an advantage.
  • Maintains a solid understanding of budgeting, forecasting, and variance analysis.
  • Exhibits a strong understanding of headcount planning, workforce cost management, payroll accounting, and core accounting principles, including accruals and financial statements.
  • Applies an analytical mindset to translate complex data into actionable insights.
  • Proven ability to partner effectively with stakeholders and manage cross-functional relationships.
  • Maintains high attention to detail with a focus on data accuracy, integrity, and internal controls.
  • Operates effectively in a fast-paced manufacturing environment, supported by strong communication and presentation skills.

Compensation & Benefits: Lucid offers a comprehensive and competitive benefits package including medical, dental, and vision insurance; life and disability coverage; paid time off; paid holidays; and a 401(k) retirement plan. Eligible employees may also participate in Lucid’s equity program and/or 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.

Equal Opportunity: At Lucid, we believe diversity strengthens everything we build. Lucid Motors is proud to be an equal opportunity employer and is committed to providing an inclusive workplace for all. We consider all qualified applicants without regard to race, color, national or ethnic origin, age, religion, disability, sexual orientation, gender, gender identity or expression, marital status, or any other characteristic protected by applicable state or federal laws and regulations.

Accessibility: Lucid Motors is committed to providing reasonable accommodations for qualified individuals with disabilities. If you need any accommodation to participate in the application process, please contact us at [email protected].

Candidate Data Privacy: By submitting your application, you understand and agree that your personal data will be processed in accordance with our Candidate Privacy Notice.

To all recruitment agencies: Lucid Motors does not accept agency resumes. Please do not forward resumes to Lucid Motors. Lucid Motors is not responsible for any fees related to unsolicited resumes.

Responsibilities

  • •Define and track manufacturing cost targets, including HPU and CPU
  • •Establish detailed shop-level cost centers across Stamping, Body, Paint, Assembly, Powertrain, Battery, Utilities, and Logistics
  • •Manage standard costing processes and perform variance analysis at the shop level
  • •Develop and maintain vehicle and model-level cost targets based on production volumes
  • •Monitor key manufacturing KPIs such as OEE, throughput, rework, downtime, and scrap
  • •Prepare monthly financial reports comparing actuals, budget, and forecast
  • •Perform detailed variance analysis and provide clear root-cause insights
  • •Develop ROI and NPV analysis to evaluate manufacturing investments and cost optimization initiatives

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GCC Info
Company
Lucid Motors logo
Lucid Motors
1000-5000 employees

Lucid Motors designs and manufactures luxury electric vehicles. Their focus is on advanced technology, performance, and premium design for a discerning customer base.

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