Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Ensure accurate product costing and drive cost optimisation for innovative vehicle programmes.
- Company: Leading UK vehicle manufacturer with a strong engineering reputation.
- Benefits: Competitive salary, career growth, and the chance to influence cost strategies.
- Why this job: Join a respected team and make a real impact in the automotive industry.
- Qualifications: Bachelor's degree in relevant engineering field and 7+ years of cost engineering experience.
- Other info: Dynamic role with opportunities in premium and complex manufacturing sectors.
The predicted salary is between 48000 - 72000 £ per year.
We are currently looking for a Cost Engineer to join a leading vehicle manufacturer based in the UK. This role will play a key part in ensuring accurate product costing, validating supplier quotations, and driving continuous cost optimisation across new and existing vehicle programmes.
The Cost Engineer will:
- Prepare should-cost calculations and cost estimates to validate supplier quotations for technology parts and build-to-print components.
- Support cost negotiations in collaboration with the Purchasing team.
- Provide target cost estimates and evaluations throughout new product development.
- Analyse material costs, tooling investments, and assembly costs.
- Set up and maintain foreign exchange and raw-material commodity indexation matrices.
- Support make-versus-buy assessments, sourcing strategies, and supplier negotiations.
The Cost Engineer will have:
- A bachelor's degree in Mechanical, Industrial, Automotive, or Manufacturing Engineering.
- 7+ years experience in cost engineering, product costing, or should-costing.
- Experience within automotive, motorsport, aerospace, or premium/complex manufacturing.
- Strong knowledge of machining, casting, forging, composites, and related manufacturing processes.
- The ability to read engineering drawings, BOMs, and technical specifications.
- Strong analytical capability and excellent attention to detail.
This role offers the opportunity to take a key position within a highly respected engineering organisation, influencing cost strategy across innovative and premium vehicle programmes. If this opportunity sounds like a good fit, please apply online and a member of our team will be in touch!
Cost Engineer in Solihull employer: Evera Recruitment Ltd
Contact Detail:
Evera Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Engineer in Solihull
✨Tip Number 1
Network like a pro! Reach out to industry contacts, attend events, and join relevant online groups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Show them you’re not just another candidate; you’re genuinely interested in their work and how you can contribute to their cost optimisation efforts.
✨Tip Number 3
Practice your negotiation skills! As a Cost Engineer, you’ll be involved in supplier negotiations, so being confident and articulate during discussions is key. Role-play with a friend or use online resources to sharpen those skills.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Cost Engineer in Solihull
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Engineer role. Highlight your experience in cost engineering and any relevant projects you've worked on. We want to see how your background aligns with the job description!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Show Off Your Analytical Skills: Since the role requires strong analytical capabilities, make sure to mention specific examples where you've used these skills in your previous roles. We’re keen to see how you approach problem-solving and cost optimisation!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved!
How to prepare for a job interview at Evera Recruitment Ltd
✨Know Your Numbers
As a Cost Engineer, you'll need to demonstrate your expertise in cost analysis. Brush up on your should-cost calculations and be ready to discuss how you've validated supplier quotations in the past. Bring examples of your work that showcase your analytical skills and attention to detail.
✨Understand the Industry
Familiarise yourself with the automotive and manufacturing sectors, especially the specific processes like machining, casting, and forging. Being able to speak knowledgeably about these areas will show that you’re not just a numbers person but also understand the technical side of things.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to cost optimisation or supplier negotiations. Think through some scenarios beforehand and prepare your thought process on how you would approach these challenges. This will help you articulate your problem-solving skills during the interview.
✨Show Your Collaborative Spirit
This role involves working closely with the Purchasing team and other departments. Be prepared to discuss how you've successfully collaborated in the past. Highlight any experiences where teamwork led to successful cost-saving initiatives or improved sourcing strategies.