Cost Engineer

Prestwick Aerosystems; Stevenage; Hybrid; GBP 55,000 - 90,000; Full time

Benefits offered by this job

Annual profit share

Contributory pension

Share options

Car leasing scheme

Free onsite parking

Season ticket loan

Tax-free technology scheme

Discounted shopping

Hybrid working

TOIL (up to 2 days/mo)

Internal mobility including abroad

Wellbeing benefits and 24/7 GP

Employee Assistance Programme

Life assurance

Job summary

AIRBUS Defence and Space Limited in Stevenage is seeking a Cost Engineer to support business acquisition and drive cost engineering activities for studies, proposals, and future projects. You will collate, model, and analyse cost data to establish robust quotation baselines and ensure competitiveness of future bids.

Join a team focused on price-to-win, value for money, and regulatory alignment, with hybrid working options and a strong emphasis on collaboration with multi-disciplinary

Qualifications

• Experience of cost engineering, estimating, and financial modelling within a complex bidding or business acquisition environment.
• Experience of collating and analysing cost and price data to establish quotation baselines, utilising methodologies such as design-to-cost and price-to-win.
• Experience of coordinating bid preparation and leading multi-disciplinary stakeholders to ensure competitive, compliant, and cost-efficient proposals.
• Experience of supporting project schedule, cost, and risk management through the full proposal lifecycle to final customer acceptance.

Responsibilities

• Coordinate and lead comprehensive cost engineering activities for studies, proposals, and future EOS implementation projects.
• Collate, model, and analyse cost and price data to establish accurate quotation baselines and support financial proposals.
• Coordinate bid preparation with all stakeholders to ensure the competitiveness of EOS binding and non-binding offers, effectively implementing the win strategy.
• Lead the estimation process, balancing price-to-win, design-to-cost, value for money, profitability, and liquidity targets against customer and regulatory requirements.
• Participate in and guide engineering decisions to ensure the cost-efficient development and production of EOSX products and product families.
• Manage the timely preparation and submission of financial proposals, supporting schedule, cost, and risk management through to final customer acceptance while influencing stakeholders to optimise processes.

Skills

Cost engineering

Financial modelling

Bid coordination

Proposal lifecycle

Stakeholder management

Job description

Job Details

• SECURITY CLEARANCE: Must have or be able to obtain SC Security Clearance
• LOCATION: Stevenage or Portsmouth (with some hybrid working available subject to our Hybrid Working Policy)
• TYPE: Full time

What's in it for you

• Financial Reward: Competitive salary, annual profit share, contributory pension, share options, car leasing scheme, free onsite parking, season ticket loan, tax-free technology scheme, discounted shopping and much more
• Work / Life Balance: 37 hour week, flexible working around core hours, hybrid working, up to 2 additional days per month as TOIL, option to buy/sell holiday
• Personal Development: Personalised development plan, Airbus Leadership University and unlimited access to 10,000+ E-learning courses, internal mobility including international opportunities
• Health & Wellbeing: Wellbeing benefits (including 24/7 online GP and mental health support), Employee Assistance Programme, discounted family health / dental insurance / eye tests, cycle-to-work scheme
• Family and Caregiving: Life assurance, enhanced pay for maternity, paternity, adoption and shared parental leave and caregiving
• Inclusive Environment: Wellbeing room, Multi-faith room, Employee Representative Groups (Gender, LGBTQ+, International, Generational, Disability, Social & Cultural Diversity, Neurodiversity)

Our world is changing. And so are we. From our commitment to zero-carbon flight (#ZEROe) to cleaning up space, sustainability is at the heart of our purpose. So, what's your next change?

Airbus Defence and Space is looking for a Cost Engineer to join our team in Stevenage to support business acquisition and drive cost engineering activities for studies, proposals, and future projects. Working as a key member of the bid team, your core focus will be the collation, modelling, and analysis of cost and price data to establish robust quotation baselines, ensuring the absolute competitiveness of our future projects.

How you will contribute to the team

• Coordinate and lead comprehensive cost engineering activities for studies, proposals, and future EOS implementation projects.
• Collate, model, and analyse cost and price data to establish accurate quotation baselines and support financial proposals.
• Coordinate bid preparation with all stakeholders to ensure the competitiveness of EOS binding and non-binding offers, effectively implementing the win strategy.
• Lead the estimation process, balancing price-to-win, design-to-cost, value for money, profitability, and liquidity targets against customer and regulatory requirements.
• Participate in and guide engineering decisions to ensure the cost-efficient development and production of EOSX products and product families.
• Manage the timely preparation and submission of financial proposals, supporting schedule, cost, and risk management through to final customer acceptance while influencing stakeholders to optimise processes.

About you

• Experience of cost engineering, estimating, and financial modelling within a complex bidding or business acquisition environment.
• Experience of collating and analysing cost and price data to establish quotation baselines, utilising methodologies such as design-to-cost and price-to-win.
• Experience of coordinating bid preparation and leading multi-disciplinary stakeholders to ensure competitive, compliant, and cost-efficient proposals.
• Experience of supporting project schedule, cost, and risk management through the full proposal lifecycle to final customer acceptance.

Not a 100% match? No worries! Airbus supports your personal growth with customised development solutions.

How we can support you

Many of our staff work flexibly in many different ways, including part-time. Please talk to us at interview about the flexibility you need and we’ll always do our best to accommodate your request. Please let us know if you need us to make any adjustments for the selection process – you can share this with your Talent Acquisition Partner if you are invited to interview. Examples may include (but not exclusive to) accessible facilities; auxiliary aids; room layout, etc. Any information disclosed will be treated in the strictest confidence.

As a Disability Confident Employer, Airbus UK will offer an interview to any applicant that considers themselves to have a disability or long-term condition and meets the minimum criteria of the role (as set out in the job advert). To 'opt in', just select the option during your application submission and our Talent Acquisition team will contact you LI:MF1

This job requires an awareness of any potential compliance risks and a commitment to act with integrity, as the foundation for the Company’s success, reputation and sustainable growth.

Company: AIRBUS Defence and Space Limited Employment Type: Permanent ------- Experience Level: Professional Job Family: Costing

By submitting your CV or application you are consenting to Airbus using and storing information about you for monitoring purposes relating to your application or future employment. This information will only be used by Airbus.

Airbus is committed to achieving workforce diversity and creating an inclusive working environment. We welcome all applications irrespective of social and cultural background, age, gender, disability, sexual orientation or religious belief. Airbus is, and always has been, committed to equal opportunities for all. As such, we will never ask for any type of monetary exchange in the frame of a recruitment process. Any impersonation of Airbus to do so should be reported to [e-mail].

At Airbus, we support you to work, connect and collaborate more easily and flexibly. Wherever possible, we foster flexible working arrangements to stimulate innovative thinking. Airbus pioneers sustainable aerospace for a safe and united world. The Company constantly innovates to provide efficient and technologically-advanced solutions in aerospace, defence, and connected services. In commercial aircraft, Airbus offers modern and fuel-efficient airliners and associated services. Airbus is also a European leader in defence and security and one of the world's leading space businesses. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions and services worldwide. From sending your resume to participating in successful interviews, here you can access all important pieces of information to guide you in your candidate journey.

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