Manager, Cost Accounting

Posted 22 Hours Ago
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Southfield, MI
Senior level
Software
The Role
The Manager, Cost Accounting will oversee financial controls and operational improvements in inventory management, ensuring accuracy in inventory valuation and gross margin. Responsibilities include managing standard costs, partnering with teams in manufacturing and logistics, leading monthly close processes, and ensuring compliance with financial regulations. The role involves collaboration with various stakeholders to enhance cost accounting processes.
Summary Generated by Built In
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.

We are currently seeking a Manager, Cost Accounting, to handle aspects of advanced automotive manufacturing costing at our Arizona manufacturing plant. This individual is a key member of the manufacturing cost accounting team.  They will be responsible for financial controls and operational improvements related to inventory management and to ensure the accuracy and completeness of inventory valuation and gross margin.  This role is highly cross-functional and requires collaboration and significant partnership with a wide variety of teams across the business including IT, operations, logistics, manufacturing, and purchasing. 

You Will: 

  • Act as the primary point of contact for managing Standard Cost. Actively evaluate operational cost, setup standards, and review forecast vs actual costs to identify variances. 
  • Partner with operations in manufacturing, logistics, and supply chain to understand products costs and variance drivers. 
  • Lead the monthly close process and review material and production variances to ensure accuracy of inventory, capitalized costs, COGS, and reporting. 
  • Financial oversight on inventory, cycle count, inventory adjustments, scrap, and excess & obsolescence reserve. 
  • Own, implement and maintain internal control on accounting processes and ensure compliance with SOX for inventory and related operations. 
  • Ensure financial records and reports are prepared in compliance with Company’s policies and in accordance with U.S. GAAP. 
  • Support external audit for interim and year-end audit procedures.  
  • Partner closely with key internal stakeholders (i.e., PLM, supply chain, logistics, production, FP&A, IT etc.) to streamline workflows, reduce monthly close cycle time and ensure a continuous improvement in cost accounting processes. 
  • Responsible for providing direction on accounting questions to others within the larger finance groups as well as key stakeholders. 

You Bring: 

  • Bachelor’s degree in accounting or finance 
  • Current and in-depth knowledge of US GAAP 
  • CPA/CMA license preferred 
  • Working knowledge of SAP or related manufacturing systems 
  • Minimum 8 years in a financial accounting role with 5 + years’ experience with management in a manufacturing environment 
  • Experience in building and leading a team. Strong ability to coach, mentor and develop team members 
  • Excellent problem solving and analytical skills 
  • Ability to build partnerships and work in a collaborative environment 
  • Maintain flexibility in a fast-paced environment, and continuously evolving to meet changing business needs 

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.

By Submitting your application, you understand and agree that your personal data will be processed in accordance with our Candidate Privacy Notice. If you are a California resident, please refer to our California Candidate Privacy Notice.

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

 

Top Skills

SAP
The Company
Chicago, IL
520 Employees
On-site Workplace
Year Founded: 2010

What We Do

Lucid is a visual collaboration suite that helps teams see and build the future. Virtual whiteboarding, intelligent diagramming, and cloud visualization come together to empower organizations to take plans from initial ideas all the way to successful delivery. Together, they are utilized in over 180 countries by more than 25 million users. Ninety-six percent of the Fortune 500 use Lucidchart, and customers include Google, GE, NBC Universal and Johnson & Johnson. Lucid’s partners include industry leaders such as Google, Atlassian, Amazon Web Services, Salesforce, and Microsoft. Since the Utah-based company’s founding in 2010, it has received numerous awards for its business and workplace culture.

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