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Services Cost Officer - Delivery

Rolls-Royce

East Midlands

Hybrid

GBP 50,000 - 70,000

Full time

Today
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Job summary

A leading aerospace company in East Midlands seeks a Services Cost Officer. The role focuses on cost strategy, performance evaluation, and financial reporting, requiring strong analytical and project management skills. Candidates should hold a degree in Engineering or Business. Competitive salary and hybrid working arrangements available.

Benefits

Competitive salary
Excellent development opportunities
Employee support assistance
Employee discounts

Qualifications

  • Proven track record in delivering results in challenging environments.
  • Clear capability of influencing across functions.
  • Innovative thinking and a drive to solve problems.

Responsibilities

  • Support the optimization of the cost of operation of an engine.
  • Manage cost base to minimize costs on service agreements.
  • Deliver financial reporting and cost generation.

Skills

Analytical thinking
Project management skills
Interpersonal skills
Negotiation skills
Data modeling using MS Excel
Communication

Education

Degree in Engineering or Business

Tools

Microsoft Excel
PowerBI
Job description
Job Description

Services Cost Officer – Delivery

Full time

Derby

We have an exciting opportunity an enthusiastic, self‑motivated leader to join the Trent XWB team as a Services Cost Officer – Delivery.

With over 600 aircraft in service and a growing orderbook of aircraft, the Trent XWB 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 Cost Managers 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 XWB so have a direct impact on our business performance.

Why Rolls‑Royce?

Rolls‑Royce is one of the most enduring and iconic brands in the world and has been at the forefront of innovation for over a century. We design, build and service systems that provide critical power to customers where safety and reliability are paramount.

We are proud to be a force for progress, powering, protecting and connecting people everywhere.

We want to ensure that the excellence and ingenuity that has shaped our history continues into our future, and we need people like you to come and join us on this journey.

We’ll provide an environment of caring and belonging where you can be yourself. An inclusive, innovative culture that invests in you, gives you access to an incredible breadth and depth of opportunities where you can grow your career and make a difference.

What we offer:

We offer excellent development opportunities, a competitive salary, and exceptional benefits. These include bonus, employee support assistance and employee discounts.

Your needs are as unique as you are. Hybrid working is a way in which our people can balance their time between the office, home, or another remote location. It’s a locally managed and flexed informal discretionary arrangement. As a minimum we’re all expected to attend the workplace for collaboration and other specific reasons, on average three days per week.

What you will be doing:

The aim of the Life Cycle Cost Officer role is to support the optimisation of the cost of operation of an engine throughout its life cycle. The majority of operators on the Trent XWB programmes will be under Total Care service agreements (the target is >90%). It is therefore essential that the cost base is managed to ensure that the cost of these service agreements is minimised throughout the term of the contracts, whilst maintaining Product Safety, Reliability & Customer Satisfaction.

The key accountabilities for this role are to support the Life Cycle Cost Managers within the NPI programmes to deliver the following:

  • Engineering and Service Experience.
  • Highly analytical and able to interpret data and complete data modelling using MS Excel and PowerBI.
  • Understand key accounting principles such as revenue, cash and profits.
  • Strong Analytical, interpersonal, presentation, negotiation and project management skills.
  • Generation of cost base for financial reporting - Time on wing, Shop Cost and Services cost.
  • LCC reduction identification and achievement.
  • CORB (Cost of Ownership Review Board) leadership and approval.
  • Ownership of EMP (Engine Management Programme) & Mod. Embodiment Policy.
  • Ownership of Fit New vs. Repair Policy & Repair Development Plan.
  • Product Change Management (Product Change Board, Product Team Meeting, Project Zero).

Candidates should have a proven track record in delivering results in challenging environments and clear capability of influencing across functions as well as possessing keen analytical skills.

Who we’re looking for:

At Rolls‑Royce we put safety first, do the right thing, keep it simple and make a difference. These principles form the behaviours that guide us and are an essential component of our assessment process. They are the fundamental qualities that we seek for all roles. For this role you will need to demonstrate understanding of the applicable health and safety.

To be successful in this role you will need to meet the following criteria:

  • Engineering background preferably within Aerospace Industry.
  • Educated to degree level or equivalent in an Engineering, numerate or business discipline.
  • 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.

We are an equal opportunities employer. We’re committed to developing a diverse workforce and an inclusive working environment. We believe that people from different backgrounds and cultures give us different perspectives. And the more perspectives we have, the more successful we’ll be. By building a culture of respect and appreciation, we give everyone who works here the opportunity to realise their full potential.

We welcome applications from people with a refugee background.

You can learn more about our global Inclusion strategy at Our people | Rolls‑Royce

Job Category Services Fleet/Contract Management Posting Date 13 Oct 2025; 00:10 Posting End Date 26 Oct 2025

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