Senior Cost Engineer

TN United Kingdom; Stratford-upon-Avon; Hybrid; GBP 45,000 - 75,000; Full time

Job summary

An innovative firm is seeking a Senior Cost Engineer to drive cost-saving initiatives and enhance the supply chain efficiency. In this role, you will collaborate with various teams to deliver detailed cost estimates and lead negotiations. The position offers a unique opportunity to influence product development while working within a dynamic and inclusive environment. With a focus on Electrification commodities, you will utilize your strong financial acumen and leadership skills to champion cost-saving strategies. Join a forward-thinking company that values your potential and fosters professional growth.

Qualifications

• Strong knowledge of Electrification commodities and cost drivers.
• Experience in commercial negotiations and cost-saving initiatives.

Responsibilities

• Deliver detailed Should Costs and identify cost-saving opportunities.
• Advise Product Engineering on design and cost impacts.

Skills

Cost Estimating

Negotiation Skills

Financial Acumen

Communication Skills

Leadership

Education

Degree in Finance or Engineering

Job description

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In a commercial role at JLR, you can reimagine the future of modern luxury. Join teams focused on extraordinary customer experience, sustainability, and innovation. Collaborate with strategically-minded problem-solvers supporting the transformation of our iconic house of brands – Range Rover, Defender, Discovery, and Jaguar – as well as our heritage-rich JLR Classic range. Start your journey towards creating the exceptional today.

WHAT TO EXPECT

The Finance department offers a unique and challenging experience with business-wide exposure and development opportunities. Success relies on managing internal customer expectations and delivering results using resources efficiently across multiple priorities.

The Cost Engineering function, part of the Finance department, ensures the proper use of JLR funds related to the supply chain, aligned with product goals to achieve profitable growth. This involves partnering with operational functions such as Purchasing, Product Engineering, Advanced Product Creation, and other Finance teams. As a Senior Cost Engineer, you will work within a dynamic team focused on specific vehicle commodities associated with these groups.

Key Accountabilities and Responsibilities:

• Deliver detailed and directional Should Costs (estimates) and lead initiatives to identify cost-saving opportunities within the supply chain.
• Drive commercial negotiations to close cost gaps.
• Participate actively as a member of the Matched Trio (Cost Engineer, Buyer, and Engineer) in supplier selection and strategy planning.
• Advise Product Engineering on design and change cost impacts.
• Provide expert guidance to Advanced Product Creation (APC) initiatives and serve as a role model to inspire excellence in professional and technical skills.

WHAT YOU’LL NEED

• Knowledge of Electrification commodities: key cost drivers, raw materials, and manufacturing processes.
• Strong business and financial acumen, with cost estimating skills, preferably related to Electrification Propulsion commodities.
• Determination and leadership to champion cost-saving initiatives and close cost gaps.
• Effective communication, presentation, and negotiation skills for internal and external stakeholders.

Creating Modern Luxury requires a modern approach to work. At JLR, hybrid working is a voluntary, non-contractual arrangement offering employees flexibility in how, when, and where they work. Some roles may require more on-site presence, which can be discussed during the interview process.

We foster an inclusive and welcoming culture. We understand candidates may need reasonable adjustments during recruitment. Please discuss these with your recruiter to ensure accommodations are made.

Applicants from all backgrounds are encouraged to apply. If you're interested but unsure if you meet all criteria, we still encourage you to apply. We believe in people's potential to grow and develop within their roles, making the experience exceptional with soul.

JLR is committed to equal opportunity for all.