Service Cost Officer

Rolls-royce; Long Eaton; On-site; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Generous Annual Leave

Retirement Savings Plan

Group Life Assurance

Employee Shares programme

EAP and Wellbeing

Job summary

Rolls-Royce, based in Long Eaton, England, is seeking a Services Cost Officer within the Trent Fleet and Mature Engines Value Stream. The Cost Policy Officer - Trent 1000/7000 will define a robust cost strategy roadmap, baseline cost assumptions for existing and future business, and evaluate cost-reduction proposals affecting profitability and performance.

The role involves financial forecasting, data analysis in Excel, and working with global teams to balance cost with availability and

Qualifications

• Degree or equivalent in a numerate or business discipline.
• Strong analytical abilities and data modelling.
• Experience with financial forecasting and cost management.
• Excellent communication across global teams.
• Aerospace knowledge advantageous but not essential.

Responsibilities

• Define cost strategy roadmap and policies for Trent 1000/7000.
• Baseline cost assumptions for existing and future business.
• Evaluate the business impact of cost-reduction proposals.
• Forecast financial information to support development and improvement of forecasts.
• Develop, deploy and support processes, tools, training and systems for credible plans balancing availability, cost and performance.
• Collaborate across diverse and global teams.

Skills

Analytical

Excel

Financial acumen

Cross-functional collaboration

Decision making under ambiguity

Education

Bachelor's degree in numerate or business discipline

Job description

An exciting opportunity has arisen for a talented individual to join the Trent Fleet and Mature Engines Value Stream as a Services Cost Officer. As the Cost Policy Officer - Trent 1000/7000, you will work on defining a robust cost strategy roadmap and policies, baseline cost assumptions for both existing and future business as well as evaluating the business impact of cost reduction proposals. These underpin the profitability of the Trent 1000/7000 so have a direct impact on our business performance. With over 600 aircraft in service and a growing orderbook of aircraft, the Trent 1000/7000 Value Stream covers the full breadth of activity of those engines in service and provides a unique opportunity to develop business breadth across the lifecycle of an engine.

• Develop a thorough understanding of the levers of value inherent in our business, and through these own and drive the financial performance of our fleets.
• Support development of Business Cases & Strategy to support key product change and deliver Business Plan objectives.
• Responsibility for analysing and forecasting financial information to support development and improvement of our financial forecasts.
• Develop, deploy, and support functional processes, tools, training, and systems that enable the creation of credible plans that balance availability, cost, and performance.
• Educated to degree level or equivalent in a numerate or business discipline or will have business, finance or engineering experience.
• Innovative thinking and a drive to solve problems and take accountability.
• Financial management, commercial acumen and decision‑making skills, comfortable dealing with ambiguity.
• Highly analytical and able to interpret data and complete data modelling using Microsoft Excel.
• Able to communicate effectively and work collaboratively across diverse and global teams.
• Aerospace industry knowledge is advantageous but not essential.

At Rolls-Royce we are proud to be a business that has truly helped to shape the modern world and are committed to always being a force for progress; powering, protecting and connecting people everywhere. By joining Rolls-Royce, you'll have the opportunity to work on world-class solutions, supported by a culture that believes individuality is our greatest strength, and all perspectives, experiences and backgrounds help us innovate and enable our high-performance culture.

Regional Benefits:

• Generous Annual Leave.
• Retirement Savings through the Rolls-Royce Retirement Savings Trust.
• Group Life Assurance provides for a lump sum benefit if you die whilst employed by Rolls-Royce & Group Income Protection provides an income in the event that you are unable to work due to illness or injury.
• Your Shares: Matched is a simple way to own Rolls-Royce shares and invest in our future, together. Buy one share, get one free!
• Employee Assistance (EAP) and Live Well programmes.

Our vision is to ensure that the excellence and ingenuity that shaped our history continues into our future. Our multi-year transformation programme aims to turn Rolls-Royce into a high-performing, competitive, resilient and growing company. Join us, and it can be your future vision too.

Rolls-Royce are committed to being a respectful, inclusive, and non-discriminatory workplace where individuality is valued, diverse perspectives fuel innovation, and everyone can thrive.