Cost Engineer: Design-for-Cost & Process Optimizer

Cadillac Formula 1 Team; Towcester; On-site; GBP 40,000 - 65,000; Full time

Job summary

Cadillac Formula 1 Team is seeking a Cost Engineer to provide financial insight into cost drivers of components and assemblies, and to deliver data-driven analysis for cost reduction across the lifecycle of a part. Reporting to the Head of Programmes, the role supports informed decision-making and stronger cost predictability.

Detail-oriented with an understanding of engineering and manufacturing processes, you will influence design-for-cost and help push performance improvements across the car.

Responsibilities

• Assist with early phase project and part cost estimation to support programme evaluation, enabling accurate cost vs performance tradeoffs, and alignment with season cost targets and Cost Cap constraints
• Influence design for cost considerations by working with engineers to assess the cost impacts of materials, manufacturing methods, part complexity, tolerances, and lifecycle
• Drive cost efficiency by identifying cost drivers, inefficiencies, and non-value adding activities within engineering, manufacturing, and supply chain processes
• Develop and maintain detailed cost models for components, assemblies, tooling, and programmes, incorporating labour, machine time, materials, and overhead absorption

Job description

Cadillac Formula 1 Team is seeking a Cost Engineer to provide financial insight into cost drivers of components and assemblies, and to deliver data-driven analysis for cost reduction across the lifecycle of a part. Reporting to the Head of Programmes, the role supports informed decision-making and stronger cost predictability.

Detail-oriented with an understanding of engineering and manufacturing processes, you will influence design-for-cost and help push performance improvements across the car.