On-site Full Time
Lucid Motors -
Saudi , Riyadh
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Lucid Motors

Job Details

Support freight cost planning, variance analysis, budgeting, forecasting, and inventory valuation activities by providing accurate data analysis and reporting while collaborating with cross-functional teams.

Key Responsibilities:

Transportation Finance

  • Prepare and maintain inventory, freight, and duty cost data for inbound and outbound logistics.
  • Coordinate with Logistics and SCM teams to collect and validate freight-related cost information.
  • Monitor freight costs trends and highlight significant variances.
  • Support cost analysis activities and provide data for decision-making.

Budgeting & Forecasting

  • Support the preparation of annual budgets, forecasts, and long-term planning activities.
  • Gather and analyze inputs from Logistics and SCM teams for cost projections.
  • Track actual costs against budgets and report variances.
  • Assist in maintaining cost-related KPIs and reporting dashboards.

Cost Variance Analysis

  • Analyze inventory, inbound freight, outbound freight cost variances.
  • Support root-cause analysis for significant cost deviations.
  • Prepare monthly reports on logistics and transportation cost performance.
  • Assist in identifying cost-saving opportunities through data analysis.

New Product Costing Support

  • Support landed cost estimations for new products in collaboration with PD and Logistics teams.
  • Assist in preparing costing analyses and business case evaluations.
  • Monitor cost changes throughout product development phases.
  • Support benchmarking activities and market cost comparisons.

Cost Reporting & Management Information

  • Prepare periodic freight and logistics cost reports.
  • Develop and maintain cost tracking dashboards and performance reports.
  • Analyze cost trends, savings initiatives, and localization benefits.
  • Provide support for budgeting and forecasting activities related to logistics costs.

Inventory Management

  • Assist in monthly inventory valuation and reconciliation processes.
  • Analyze inventory movements, aging, slow-moving, and obsolete inventory and highlight risks.
  • Support physical inventory counts and cycle count activities by validating inventory records and investigating discrepancies.
  • Prepare inventory-related reports and KPIs to support management decision-making.
  • Collaborate with Supply Chain, Warehouse, and Operations teams to improve inventory accuracy and turnover.
  • Assist in identifying inventory cost reduction opportunities and working capital improvement initiatives.
  • Support system master data maintenance related to inventory valuation and material costing.

Data Integrity & ERP Costing Support

  • Maintain the accuracy of costing data within SAP and related systems.
  • Support master data maintenance for costing structures, routings, and logistics-related parameters.
  • Perform periodic data validation and reconciliation activities.
  • Assist in identifying and resolving data quality issues impacting cost reporting.

Desired Candidate Profile

  • Bachelor's degree in finance, Accounting or related field
  • Master's degree in business administration (MBA) preferred
  • At least 10 years relevant experience
  • Proven technical, quantitative and critical-thinking skills, high level of independent judgment, initiative and creativity to identify and clearly communicate key performance drivers to senior 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 Microsoft Office software with a high proficiency with Excel
  • Finance analyst experience at an Automotive OEM or Tier 1 Supplier a huge plus!
  • Strong understanding of inventory, Inbound and Outbound principles and cost drivers.
  • Analytical mindset with ability to translate complex data into actionable insights
  • Proven business partnering and stakeholder management skills across cross-functional teams
  • High attention to detail with focus on data accuracy, integrity and internal controls
  • Ability to operate effectively in a fast-paced manufacturing environment
  • Strong communication and presentation skills

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About Lucid Motors
Saudi, Riyadh