Sr. Manager, Cost Optimization

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Newark, CA
In-Office
164K-241K Annually
Automotive
The Role
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.

Lucid’s Global Cost Optimization team is committed to driving one of the top strategic priorities for the company. Our team’s focus is on catalyzing and managing cost optimization initiatives across the company. We are seeking a highly qualified and accomplished professional to join our team as Sr. Manager, Cost Optimization. 

In this dynamic and high visibility role, you will report to the Sr. Director, Cost Optimization and play a key part in shaping the financial landscape of our global organization. As Sr.  Manager, Cost Optimization, you will lead the charge in driving cost optimization initiatives, provide thoughtful analysis and business guidance, provide critical support to senior leadership, and collaborate across all function of the company to instill a culture of cost-consciousness and continuous improvement. A successful candidate should be able to challenge and yet effectively partner with key stakeholders, provide solutions and be able to pivot quickly. 

How We Work: 

We balance hard work and innovation through purpose driven, in-person collaboration. This opportunity is a 100% onsite role in our Newark, CA location.  

You Will: 

  • Partner closely with business partners to understand key cost drivers, providing tactical direction in the development and implementation of cost improvement measures across major operational verticals (e.g., Manufacturing Operations, R&D, G&A, Sales & Service, Vehicle direct cost) 
  • Drive high priority cost optimization activities across all aspects of the business (e.g. sales, delivery, service, marketing, logistics, supply chain, manufacturing and quality) by becoming a trusted resource for financial data, processes, and business operations 
  • Collaborate cross-functionally with business and finance partners to establish cadence, facilitate tracking, analyze and mobilize the cost optimization initiatives 
  • Lead key initiatives from idea stage to execution 
  • Own data analysis and provide insightful business intelligence for the Cost Optimization portfolio 
  • Assist with developing a comprehensive cost optimization roadmap and own the consolidation/analysis/reporting on program progress 
  • Develop materials and reports for Executive Leadership, including Board of Directors and Board Committees 

You Bring: 

  • 10+ years business development, corporate development, program management or management consulting experience 
  • Bachelor’s degree in management, business, engineering or other relevant fields; Master’s preferred 
  • Ability to work cross-functionally in a fast paced and dynamic environment 
  • Advanced knowledge & proficiency in PowerPoint and Excel (E.g. VLOOKUP, Pivot, Macros) 
  • Aptitude for driving projects to completion with minimal guidance while still operating in a team environment 
  • Deep understanding of financial and operational metrics across all aspects of the P&L from revenue down to cash flow 
  • Proven technical, quantitative, and critical-thinking skills, with a high level of independent judgment and creativity 
  • Excellent critical thinking, research, and analytical capabilities 
  • Excellent business acumen, communication, and interpersonal skills 
  • Experience reporting to the C-suite with excellent executive communication and presence 
  • Passion for transforming the automotive and mobility industry 

Advantageous: 

  • Prior experience in automotive, mobility, and relevant adjacent sectors 

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. 

 

Salary Range: The compensation range for this position is specific to the locations listed below and is the range Lucid reasonably and in good faith expects to pay for the position taking into account the wide variety of factors that are considered in making compensation decisions, including job-related knowledge; skillset; experience, education and training; certifications; and other relevant business and organizational factors.

 

Additional Compensation and Benefits: Lucid offers a wide range of competitive benefits, including medical, dental, vision, life insurance, disability insurance, vacation, and 401k. The successful candidate may also be eligible to participate in Lucid’s equity program and/or a discretionary annual incentive program, subject to the rules governing such programs.  (Cash or equity incentive awards, if any, will depend on various factors, including, without limitation, individual and company performance.)

Base Pay Range (Annual)

$164,400$241,120 USD

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. 

 

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The Company
HQ: Newark, CA
8,000 Employees
Year Founded: 2016

What We Do

Lucid is the new generation of EV. Our relentless focus on innovation, luxury, and sustainability drives us into a reality where you no longer have to choose between doing great things, doing the right thing, and doing everything with the highest regard for efficiency and design. There were luxury cars, then EVs, now there’s Lucid.

Why Work With Us

At Lucid, we’re driven by a simple belief: the future deserves to be built without compromise. That means every role here contributes directly to setting new standards in technology, sustainability, and design. We’re tackling one of the hardest challenges in the world — creating electric vehicles that are as beautiful as they are efficient — and it

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