Director, Cost Optimization

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 seeking a highly qualified and accomplished professional to join our team as the Director of Cost Optimization. In this pivotal role, you will report directly to the Chief Financial Officer (CFO) and play a key part in shaping the financial landscape of our global organization. As the Director of Cost Optimization, you will lead the charge in driving cost efficiency initiatives, overseeing a dedicated team, and collaborating across all function areas of the company to instill a culture of cost-consciousness and continuous improvement. 

• Take ownership of Cost Optimization function, building a team that will enable financial transparency, set benchmarks, establish accountability, and comprehensively manage costs to drive strategic initiatives 
• 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) 
• Co-lead business case development, stakeholder buy-in, and executive alignment for cost optimization initiatives 
• Develop and communicate a comprehensive cost optimization roadmap, consolidating, analyzing, and reporting on program progress 

• 12 years of experience in cost management, budgeting, financial analysis, with at least 5 years of team management experience 
• Bachelor's degree in Finance, Business or technical/analytical related field. MBA preferred 
• Strong knowledge of cost management processes and cost structures in transportation or large scale industrial industries 
• History of driving large scale cost reduction initiatives in complex organizations 
• Proven technical, quantitative, and critical-thinking skills, with a high level of independent judgment and creativity 
• Experience reporting to the C-suite with excellent executive communication and presence 
• Excellent cross-functional communication and interpersonal skills, with the ability to collaborate effectively across departments 
• Strong leadership and team management capabilities 
• Desire to work in a fast-paced and dynamic environment 

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.

·       California (Bay Area) - $185,000-$264,000

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.)

Lucid maintains your privacy according to its Candidate Privacy Notice. If you are a California resident, please refer to our California Candidate Privacy Notice.

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.

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. 

Salary : $185,000 - $264,000