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Cost & Pricing Specialist

Riyadh, Saudi Arabia

About Lucid

At Lucid, we are creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid’s 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 integrity. In 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 production happening in-house across our global offices and manufacturing facilities. Our teams come from industries around the world, united by a shared commitment to excellence. By refusing to settle, you can help redefine what’s possible and shape 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 data‑driven insights and recommendations.

 

Cross‑Functional 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

 
  • 3–5 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 competitive benefits package including medical, dental, and vision insurance; life and disability coverage; paid time off; paid holidays; and a 401(k) retirement plan. Eligible employees may also participate in Lucid’s equity program and/or a discretionary annual cash incentive program. Incentive and equity awards, if applicable, are determined based on individual performance, role scope, market considerations, and overall company results, in accordance with the 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 any accommodation to participate in the application process, please contact us at TA-Operations@lucidmotors.com. 

 

Candidate Data Privacy: By submitting your application, you understand and agree that your personal data will be processed in accordance with our Candidate 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. 

 

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