Enter a job title or keyword

Cost & Pricing Specialist

Lucid Motors

Job Location:

Riyadh - Saudi Arabia

Monthly Salary: Not provided by the employer

Posted: 19 June 2026 (30+ days ago)

Application Deadline: 13 October 2026

Vacancies: 1 Vacancy

Job Summary

About Lucid

At Lucid we are creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucids proprietary technology and software-defined vehicle architecture our award-winning vehicles bring our Compromise Nothing approach to the global automotive market. That means refusing to choose between performance and sustainability design and engineering ambition and Lucid Air and Lucid Gravity we have designed and built vehicles that have redefined their segments combining exceptional range performance design and expansive space in a single experience.

We achieve this through deep vertical integration with design engineering and productionhappening in-houseacross our global offices the world united by a shared commitment to refusing to settle youcanhelpredefinewhatspossible andshape the future of mobility.

Position Overview

The Cost & Pricing Specialist - OEM Spare Parts is responsible for managing analyzing and controlling spare parts cost structures and pricing strategies in line with OEM guidelines and business objectives. The role ensures competitive compliant and profitable pricing across dealer and customer channels while supporting Aftersales growth warranty programs and market competitiveness.

Key Responsibilities

Cost Management & Analysis

Analyze landed cost structures for OEM Spare Parts including purchase price freight customs duties warehousing and handling costs.
Maintain accurate databases for spare parts in ERP systems.
Identify cost variances deviations and margin risks and recommend corrective actions.
Support cost recovery initiatives and continuous improvement in parts profitability.

Pricing Strategy & Execution

Develop and maintain spare parts pricing in accordance with OEM pricing policies regional guidelines and local market requirements.
Calculate dealer net prices recommended retail prices (RRP) and customer pricing structures.
Implement pricing changes related to cost updates currency fluctuations and OEM bulletins.
Ensure pricing competitiveness while safeguarding target margins.

OEM Compliance & Governance

Ensure full compliance with OEM pricing frameworks audit requirements and approval workflows.
Manage pricing submissions approvals and documentation required by the OEM.
Support internal and external audits related to cost and pricing governance.
Ensure traceability and transparency of pricing decisions.

Dealer & Market Support

Provide pricing support to dealer networks sales and Aftersales teams.
Analyze dealer margin structures and recommend pricing adjustments when required.
Support special pricing requests campaigns promotions and volume programs.
Address dealer pricing escalations and ensure alignment with OEM policies.

Campaigns Warranty & Special Programs

Support pricing for recalls service campaigns warranty parts and goodwill programs.
Coordinate cost and pricing impact assessments for new model launches and parts introductions.
Ensure correct pricing of VOR emergencies and critical spare parts.

Reporting & Performance Monitoring

Prepare regular reports on:

Parts margin performance
Cost movements and price changes
Dealer margin analysis

Monitor pricing KPIs and identify risks affecting profitability or compliance.
Support management with datadriven insights and recommendations.

CrossFunctional Coordination

Work closely with Aftersales Parts Planning Supply Chain Finance Sales and IT teams.
Support system enhancements related to pricing and cost management (ERP/WMS).
Participate in regional and OEM pricing reviews and initiatives.

Skills

Strong analytical and financial modeling skills
High attention to detail and data accuracy
Advanced Excel and reporting skills
Knowledge of automotive spare parts business and aftermarket dynamics
Strong communication and stakeholder management skills
Ability to work under tight deadlines and pricing governance frameworks
Commercial mindset with strong compliance awareness

Minimum Qualifications

35 years of experience in cost pricing or financial analysis preferably within automotive OEM spare parts or aftersales operations.
Strong understanding of OEM pricing structures dealer margins and parts lifecycle.
Experience working with ERP systems (SAP preferred).

Compensation & Benefits: Lucid offers a comprehensive and competitivebenefits packageincluding medical dental and vision insurance; life and disability coverage; paid time off; paid holidays; and a401(k) retirementplan. Eligible employees may alsoparticipatein Lucids equity program and/or a discretionary annual cash incentive program. Incentive and equity awards if applicable aredeterminedbased on individual performance role scope market considerations and overall company resultsin accordance withthe terms of the applicable plans.

Equal Opportunity: At Lucid we believe diversity strengthens everything we build. Lucid Motors is proud to be an equal opportunity employer and is committed to providing an inclusive workplace for all. We consider all qualified applicants without regard to race color national or ethnic origin age religion disability sexual orientation gender gender identity or expression marital status or any other characteristic protected by applicable state or federal laws and regulations.

Accessibility: Lucid Motors is committed to providing reasonable accommodations for qualified individuals with disabilities. If you need anyaccommodation toparticipatein the application process please contact us atTA-Operations <@> . This email address is designated solely for accommodation requests and is not monitored for job applications or resume submissions. To be considered for employment all applications must be submitted through the Lucid Motors Careers website.

Candidate Data Privacy: Bysubmittingyour application you understand and agree that your personal data will be processedin accordance withourCandidate Privacy Notice.

To all recruitment agencies: Lucid Motors does not accept agency resumes. Please do not forward resumes to Lucid Motors. Lucid Motors is not responsible for any fees related to unsolicited resumes.

Required Experience:

Apply Now