Sr. Finance Analyst, Warranty Operations and Analysis (Remote)

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.

Notice regarding COVID-19 protocols  
At Lucid, we prioritize the health and wellbeing of our employees, families, and friends above all else. In response to the novel Coronavirus all new Lucid employees, whose job will be based in the United States may or may not be required to provide original documentation confirming status as having received the prescribed inoculation (doses). Vaccination requirements are dependent upon location and position, please refer to the job description for more details.
 
Individuals in positions requiring vaccinations may seek a medical and/or religious exemption from this requirement and may be granted such an accommodation after submitting a formal request to and the subsequent review and approval thereof by our dedicated Covid-19 Response team.
 
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. 

The Role:

  • Collaborate with Quality, Engineering, Service, and Purchasing operations in the development and administration of warranty policies and processes, including development of warranty operating/financial performance data
  • Support the analysis of warranty service field data to understand vehicle performance trends
  • Complete and distribute required analysis for monthly financial reviews of warranty activity, including development of annual operating plans, monthly financial forecasts, and business plans
  • Consolidate and analyze financial data including reconciliations, period-to-period variance analysis, derivation of vehicle cost targets, analyzing cost deviation with variance explanations
  • Build complex models and provide analytical assistance on business cases and different scenarios for warranty 
  • Track, analyze, and maintain warranty claims and other KPIs through appropriate databases
  • Oversee warranty reserve models and warranty reserve adequacy analysis, ensure Finance/Operations alignment
  • Support warranty scorecard / KPIs reporting to drive performance, visibility, management, and improvement on an ongoing basis
  • Maintain the warranty status of multiple projects in regular status reports showing budget, forecast, Purchase Request status, Purchase Order status, as well as applicable accounting accrual data
  • Develop and refine business case assessments with relevant teams to support Program decisions
  • To facilitate operating team alignment and decision making, be able to present data in cohesive reports that provide clear communication and recommendations
  • Actively participate with management to guide and influence long term and strategic decision making within the broadest scope. Provide objective business consultancy and financial guidance to the company
  • Provide new perspective to identify and propose opportunities for improvement across processes and business functions
  • Qualifications:

  • Finance analyst experience at an Automotive OEM - required
  • Bachelor’s degree in Finance, Engineering, or related field
  • Master’s degree in Business Administration (MBA) – preferred
  • At least 5 years’ industry experience, with a minimum of 3 years of financial variance analysis (actuals to forecast and actuals vs. plan comparisons) and period-to-period analysis
  • Understanding of the basic principles of warranty policy, warranty service, warranty reserves/accruals and warranty claim payment, ncluding standard and extended warranty plans for vehicles
  • Proven technical, quantitative, and critical-thinking skills, high level of independent judgment, initiative, and creativity to identify and clearly communicate key performance drivers to 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 SAP and Microsoft Office software with a particularly high proficiency with Excel
  • Back to blog

    Common Interview Questions And Answers

    1. HOW DO YOU PLAN YOUR DAY?

    This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

    2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

    When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

    3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

    Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

    4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

    With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

    5. HOW DO YOU PROCESS INFORMATION?

    Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

    6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

    Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

    7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

    Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

    8. HOW TO PRIORITIZE WORK?

    The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

    9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

    Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

    10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

    This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...