About the role

Aplyr's Quick Take

This role is about managing the product costing function at a manufacturing plant, focusing on analyzing and optimizing costs for electric vehicle components and assemblies. It's a senior-level position that requires strong analytical skills and leadership to guide a team while collaborating with various departments.

Good fit

Ideal candidates have several years of experience in finance or cost management within manufacturing, particularly in the automotive or electric vehicle sectors. They should be detail-oriented, thrive in fast-paced environments, and possess strong communication skills.

Worth noting

The role emphasizes cross-functional collaboration, which may appeal to those who enjoy working with diverse teams. However, the job spec doesn't clarify the size of the team you'll manage or specific performance metrics, which could be a concern for some.

Leading the future in luxury electric and mobility

At Lucid, we set out to introduce the most captivating, luxury electric vehicles that elevate the human experience and transcend the perceived limitations of space, performance, and intelligence. Vehicles that are intuitive, liberating, and designed for the future of mobility.

We plan to lead in this new era of luxury electric by returning to the fundamentals of great design – where every decision we make is in service of the individual and environment. Because when you are no longer bound by convention, you are free to define your own experience.

Come work alongside some of the most accomplished minds in the industry. Beyond providing competitive salaries, we’re providing a community for innovators who want to make an immediate and significant impact. If you are driven to create a better, more sustainable future, then this is the right place for you.

Position Overview:

To lead the product costing function within the Plant, ensuring accurate and timely costing of components, assemblies, and final vehicles. This role involves analyzing material costs, driving cost optimization, supporting budgeting and forecasting activities, and partnering with operations, engineering, and procurement to improve overall financial performance.

Key Responsibilities:

Deep understanding of manufacturing processes and cost drivers.

Strong analytical, problem-solving, and communication skills.

Ability to work in a fast-paced, cross-functional environment.

Attention to detail and commitment to continuous improvement.

Leadership skills to manage and develop a team

Product Costing & Analysis:

Lead the standard costing process for all EV models and components produced in the plant.
Ensure accurate Bill of Materials (BOM), routing, and cost rolls in SAP or relevant ERP systems.
Conduct variance analysis (standard vs. actual costs) and drive root-cause analysis.
Collaborate with R&D and engineering for cost estimation of new products and prototypes.
Lead BOM cost optimization streams and ensure targets are met according to company objectives

Budgeting, Forecasting & Financial Planning:

Support annual budgeting and rolling forecasts related to manufacturing cost, overheads, and inventory.
Partner with plant operations to monitor production efficiencies, scrap rates, and yield losses.
Analyze and present monthly cost performance reports to senior leadership.

Cost Control & Optimization:

Identify cost-saving opportunities in sourcing, manufacturing, and logistics.
Work with supply chain, production, and quality teams to implement cost reduction initiatives.
Benchmark product costs against industry standards and internal targets.
Recommend corrective actions and participate in cost improvement projects

New Product Development (NPD) Support

⁠ ⁠Provide costing support during the product development cycle.
⁠ ⁠Participate in design-to-cost, cost target setting, and business case evaluation.
⁠ ⁠Collaborate with engineering and sourcing teams to ensure cost competitiveness.

Cross-functional Coordination:

Work closely with Procurement, Engineering, and Program Management teams for cost transparency.
Support Make vs Buy decisions with robust financial modeling.

Compliance & Reporting:

Support internal and external audits with respect to product costing

Strategic Sourcing Support

⁠ ⁠Support procurement team in cost negotiations with suppliers.
⁠ ⁠Validate supplier quotes based on in-house cost models a

Skills & Tags

go ai data product design

Aplyr's read

Lucid Motors is an innovative electric vehicle company focused on luxury and performance, attracting talent passionate about sustainability and cutting-edge automotive technology.
Synthesized from recent postings & public sources

What's promising

•Lucid Motors is at the forefront of luxury electric vehicle innovation.
•The company offers opportunities to work on advanced automotive technologies.
•Lucid's growth reflects a strong demand for sustainable transportation solutions.

What to watch