Services Cost Manager - Policy

Rolls-Royce; Derby; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading company in aerospace seeks a Cost Manager for the Trent 1000/7000 engines. This role involves developing cost strategies, analyzing data for business outcomes, and collaborating across teams to ensure profitability. Ideal candidates will possess strong analytical skills and the ability to influence stakeholders.

Qualifications

• Strong business acumen and good analytical skills.
• Ability to understand complex data and digest into tangible business outcomes.
• Ability to communicate & influence senior stakeholder groups.

Responsibilities

• Define and communicate the aftermarket cost strategy.
• Accountable for defining accurate aftermarket cost commitments.
• Integrate with Finance and other teams to provide clear cost commitments.

Skills

Business acumen

Analytical skills

Communication

Influencing

Education

Degree qualified

Job description

Job Description

Working Pattern: Full Time

Working location: Derby

Cost Manager – Trent 1000/7000

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.

Reporting to the Senior Vice President - Contract Management, you will define a robust cost strategy roadmap, policies and baseline cost assumptions which underpin the profitability of the Trent 1000/7000 so have a direct impact on our business performance. This will be for both existing and future business as well as evaluating the business impact of cost reduction proposals.

Responsibilities:

• Define, secure approval, own and communicate the aftermarket cost strategy consistent with delivery of improved contract returns, 5-year plan commitments, business plan requirements and overall margin improvement objectives.
• Own the product cost attributes on behalf of the Trent 1000/7000, ensuring the inputs are robust, with clear action plans to reach the committed attributes where required.
• Accountable for defining accurate and robust aftermarket cost commitments for the 5-year plan and for new and existing business evaluations
• Own the integrated processes to provide these inputs into our contracted business and associated financial processes.
• Capture both opportunities & hazards to aftermarket cost and create plans to realise/mitigate including recommendation of financials provision to manage both risks and uncertainties.
• Integrate with Finance, Service Business, Engineering, Aftermarket Operations and Customer Team to provide clear cost commitments. policies and assumptions
• Provide business case support and approval for cost reduction initiatives and product changes.

Who we’re looking for:

At Rolls-Royce we embrace agility, are bold, pursue collaboration and seek simplicity in everything we do. These principles form our values and behaviours and are an essential component of our assessment process and are fundamental qualities that we seek for all roles. In addition to be successful in the Cost Policy Manager role you will need:

• Strong business acumen and good analytical skills, some product understanding.
• Ability to understand complex data and digest into tangible business outcomes, policies and recommendations.
• The ability to communicate & influence senior stakeholder groups and other business areas.
• Degree qualified

Please contact Hannah March – SVP Contract Management for further information.

Job Category Services Fleet/Contract Management Posting Date 21 May 2025; 00:05 Posting End Date 03 Jun 2025