Senior Financial Analyst
Canoo
Pasig
6d ago

About Canoo

If you're intrigued by the dream of working alongside the smartest & most revolutionary designers and engineers in the EV space, Canoo just may be the place for you.

Are you a person who is irked by the status quo? Do you derive personal satisfaction from doing something you've never done before, and seeing that work actually put into production?

Here at Canoo, every day is vastly different from the one before it, as we're moving swiftly toward our goal of changing the way the world looks at Urban Mobility.

We're a well-funded start-up, led by the who's who of EV business leaders, whose passion brought them together on this special mission.

We're diligently preparing for our first vehicle launch and looking for deeply experienced and passionate talent, who are not just looking for a job," but rather are driven to raise the bar and create new benchmarks within the global EV industry. Read on...

Job Purpose

The Program Controller is a key member of the Finance team, serving as a business partner' to program managers and their respective teams.

They will serve as the source for all periodic and ad-hoc reporting on the profitability and cash flow performance of their assigned program(s) throughout the development of the future vehicle program.

Their work will be the basis for Canoo's forecasts and budgets going forward, and they will be responsible for challenging their teams to improve performance through ongoing analysis of the risks and opportunities.

Responsibilities

  • Monthly (or other scheduled recurrence) Dashboard publishing of all program financial metrics, including :
  • Full P&L statement
  • Cash Flow Analysis
  • Lead the periodic and program milestone financial reporting for assigned programs, including budget against actuals, and variance analysis for the specific departments or projects assigned
  • Maintain program P&L and update program financial forecasts to provide current cashflow estimates
  • Work with Cost Estimating, Engineering, Operations, and Supply Chain teams to maintain CBOM (Cost Bill of Material) accuracy to drive reporting
  • Suggest actions the program team can take to improve key metrics while meeting their other goals and requirements
  • Work within and outside Finance to ensure purchase requisitions are appropriately accounted for and documented before releasing funding
  • Act as financial approver for engineering changes, sourcing nominations, and purchasing requisitions
  • Walk results from one period to another, explaining and justifying changes in key metrics, as requested by leadership
  • Full assessment of all potential risks and opportunities facing their assigned programs, from both external / market factors and internal decisions
  • Control all spending on assigned programs by validating all requests for capital and operating expenditures are both in budget and producing a positive return
  • Indirectly manage Cost Estimators, Buyers, and Operations personnel to ensure the accuracy and full understanding of the inputs needed to produce reporting and analysis
  • Support FP&A activity as needed with ad-hoc analyses
  • Attend Engineering Change Review Board and Purchasing Sourcing Council to control spend and ensure compliance with budget prior to approval
  • Validate projected results against actual values from Accounting as needed
  • Develop financial analysis to support program / portfolio optimization
  • Drive Make vs Buy analyses for program teams
  • Ability to facilitate remote work as needed, and perform work and attend meetings during the standard working day in California (Pacific) time
  • Able to travel domestically up to 25% of working time
  • Ability to relocate is preferred : remote work may be possible but candidates open to moving to Canoo facilities as needed will be considered more strongly
  • Experience

  • Bachelor's degree in finance, accounting, economics, business, or engineering
  • Experience in modeling or analysis in Excel, SQL databases, or similar tools
  • Strong Excel familiarity
  • Previous experience in Automotive or other manufacturing organizations
  • Someone who is willing (and excited) to roll up their sleeves and dig through data, both agile enough to build Excel models from the ground up when needed and disciplined enough to strictly enforce existing processes
  • A professional who is comfortable interacting with teammates of various backgrounds and levels of experience from first-year analysts to senior executives, sales, engineering, legal, etc.
  • Soft skills for managing people outside their immediate team will be key

  • A detail-oriented, data-driven bulldog who knows when to step back and assess the big picture and strategic elements of proposals
  • An open-minded catalyst for change and improvement who is comfortable with a rapidly-changing environment
  • Lead the periodic and program milestone financial reporting for assigned programs, including budget against actuals, and variance analysis for the specific departments or projects assigned
  • Maintain program P&L and update program financial forecasts to provide current cashflow estimates
  • Work with Cost Estimating, Engineering, Operations, and Supply Chain teams to maintain CBOM (Cost Bill of Material) accuracy to drive reporting
  • Suggest actions the program team can take to improve key metrics while meeting their other goals and requirements
  • Work within and outside Finance to ensure purchase requisitions are appropriately accounted for and documented before releasing funding
  • Act as financial approver for engineering changes, sourcing nominations, and purchasing requisitions
  • Preferred Experience

  • Work experience within automotive corporate finance function
  • Budgeting, forecasting, analysis, and reporting
  • P&L Management
  • Revenue Pricing, Incentives
  • Expense BOM Cost, Logistics, Manufacturing Assembly
  • What's Cool About Working Here...

  • Four months paid primary care giver leave
  • Flexible PTO
  • Participation in the Employee Equity Compensation Plan
  • Beautiful new facility in Torrance
  • Casual workplace with an unbelievable feeling of energy
  • Work in a high-growth start up that will redefine urban mobility
  • Canoo is an equal opportunity-affirmative action employer and considers all qualified applicants for employment based on business needs, job requirements and individual qualifications, without regard to race, color, religion, sex, age, disability, sexual orientation, gender identity or expression, marital status, past or present military service or any other status protected by the laws or regulations in the locations where we operate.

    Any unsolicited resumes or candidate profiles submitted in response to our job posting shall be considered the property of Canoo Inc.

    and its subsidiaries and are not subject to payment of referral or placement fees if any such candidate is later hired by Canoo unless you have a signed written agreement in place with us which covers the applicable job posting.

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