Cost Accounting Manager at Faraday Future

Gardena, California, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Manufacturing, AutomotiveIndustries

Requirements

Bachelor’s degree in finance, Accounting or Economics discipline required
5 years of cost accounting in a manufacturing environment
Understands both the physical and financial flow of inventory through a manufacturing operation and ERP system
Exceptional Excel skills and proficiency in MS Office suite
Strong business acumen
Strong communication, teamwork, cooperation, positive attitude and strong work ethic
A genuine fascination for the Cost Accounting field and a commitment to global change
A penchant for multi-tasking and self-starting
Preferred Qualifications
2+ years of cost and inventory accounting experience in SAP HANA
A creative curiosity, collaborative ethic, hardworking enthusiasm, and driving personal vision

Responsibilities

Develop and maintain a cost accounting system, documents, and records
Analyze cost structures, identify trends, and recommend strategies to improve operational efficiency
Monitor and manage inventory control process, including excess and obsolete inventory reserves
Prepare monthly inventory close and flux analysis. Investigate and resolve significant material, labor, and overhead cost variances
Lead budgeting and forecasting efforts, offering data-driven recommendations to management
Work closely with internal partners to drive process and reporting improvements and reduce material, labor, and overhead costs, and reduce on-hand inventory levels
Assist in SOX compliance (i.e. Maintain internal control documentation and test internal controls)
Assist with cycle count/physical inventories
Support and assist internal department reporting requirements such as audit schedules, tax schedules, etc
Execute Bill of Material audits
Other projects as assigned by the Corporate Controller and the Management Team

Skills

Cost Accounting

Inventory Control

Variance Analysis

Budgeting

Forecasting

SOX Compliance

Bill of Material Audits

Flux Analysis

Manufacturing Costing

Internal Controls

Faraday Future

Designs and manufactures electric vehicles and technologies

About Faraday Future

Faraday Future operates in the electric vehicle market, focusing on creating smart and sustainable transportation solutions. The company designs, manufactures, and sells electric vehicles while also providing related services and technologies. Their products include advanced electric vehicles that integrate smart technology, aiming to enhance the mobility experience for both individual consumers and businesses. Unlike many competitors, Faraday Future emphasizes a holistic approach to mobility, combining vehicle sales with future offerings in autonomous driving and connected car technologies. The goal of Faraday Future is to transform how people live and move by creating an integrated mobility ecosystem that improves the quality of life for its users.

Gardena, CaliforniaHeadquarters

2014Year Founded

$3,531MTotal Funding

IPOCompany Stage

Robotics & Automation, Automotive & TransportationIndustries

501-1,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Risks

Reliance on convertible notes may dilute shareholder equity, affecting stock value.

Stiff competition from established EV players could impact Faraday Future's market share.

Regulatory challenges in AI and autonomous driving may delay Faraday Future's technology rollout.

Differentiation

Faraday Future focuses on smart, sustainable transportation solutions with advanced AI integration.

The company targets both individual consumers and businesses with diverse mobility needs.

Faraday Future's FX strategy aims to offer affordable, high-performance AI electric vehicles.

Upsides

Increased consumer interest in luxury EVs boosts demand for models like Faraday Future's FF 91.

AI and machine learning integration in vehicles enhances Faraday Future's product offerings.

U.S. investment in EV infrastructure supports Faraday Future's market growth potential.

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