Finance Business Partner Product Costing

Lucid Motors

This role focuses on planning, cost modeling, and BoM tracking to ensure accurate material cost targets aligned with the business plan.

Last checked on June 13, 2026. We may earn a commission when you click through.

A solid opportunity for finance professionals looking to impact product costing in the automotive sector.

✓ Engaging role in a growing industry ✓ Opportunity to work with innovative technology ✓ Focus on strategic cost management

Finance Business Partner Product Costing

Lucid Motors

Updated 6 hours ago

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A solid opportunity for finance professionals looking to impact product costing in the automotive sector.

About this role

This role focuses on planning, cost modeling, and BoM tracking to ensure accurate material cost targets aligned with the business plan.

About the Company

Lucid Motors is an innovative electric vehicle manufacturer committed to sustainability and cutting-edge technology.

Key Highlights

✓ Define and track material cost targets
✓ Manage Bill of Materials (BoM) structure
✓ Establish commodity part-level cost targets
✓ Ensure supplier risk management
✓ Align costs with business strategies

💡 Honest Take: This position is critical for cost management in a fast-evolving industry but may require extensive collaboration with vendors.

Pros

✓ Engaging role in a growing industry
✓ Opportunity to work with innovative technology
✓ Focus on strategic cost management
✓ Potential for career advancement within the company

Cons

✗ High-pressure environment due to tight deadlines
✗ Requires strong collaboration skills
✗ Complex vendor relationships may be challenging

Best For: Ideal for those who thrive in dynamic settings and enjoy working closely with suppliers and internal teams.

Watch Out: Be prepared for a demanding role that requires quick decision-making and effective communication.

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Expert Review

In the finance segment of Lucid Motors, the Finance Business Partner for Product Costing plays a pivotal role in cost management. This position directly influences material cost targets and aligns them with the company's strategic objectives. With a focus on Bill of Materials (BoM) tracking, the role ensures accuracy and governance in cost modeling processes.

Applicants should note that the role hinges on establishing and managing vendor relationships. Effective supplier risk management is crucial, as it directly impacts production and overall financial health. Successful candidates will likely need to navigate complex negotiations and maintain clear communication with various stakeholders.

The automotive industry is rapidly evolving, and this position offers an engaging opportunity to make a tangible impact. By aligning commodity part-level cost targets with the business plan, the Finance Business Partner contributes to the company's long-term success. However, the high-pressure environment and tight deadlines may not suit everyone.

Overall, if you possess strong analytical skills and enjoy working collaboratively, this role could be a significant step in your finance career. For more details, visit the official job listing on Lucid Motors' page.