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- Tasks: Shape cost data to inform decisions from concept to completion in manufacturing.
- Company: Join a leading Defence client focused on innovation and quality in manufacturing.
- Benefits: Enjoy hands-on experience, collaboration with diverse teams, and opportunities for growth.
- Why this job: Be part of a critical role that drives transparency and confidence in cost data.
- Qualifications: HNC/HND qualification required; analytical skills and manufacturing knowledge preferred.
- Other info: High volume of applicants expected; apply quickly to secure your chance!
The predicted salary is between 36000 - 60000 £ per year.
As a Cost Engineer for our Defence client, working within their manufacturing department, you’ll play a critical role in shaping accurate, insightful cost data that informs business decisions across the full product lifecycle. From concept to completion, your analysis will support production planning, bid preparation, and long-term strategy.
This is a hands-on analytical role that blends engineering knowledge with cost modelling and stakeholder engagement. You’ll work closely with teams across Design, Manufacturing, and Business Operations to challenge assumptions, refine forecasting processes, and drive transparency and confidence in our cost data.
Responsibilities:- Create and manage detailed cost forecasts that span the full lifecycle of products and systems.
- Evaluate production and operational data to support cost-effective design and long-term value assessments.
- Collaborate with design, manufacturing, and commercial teams to deliver reliable and timely cost estimates.
- Lead collaborative meetings with internal stakeholders to align on cost strategies and review data accuracy.
- Identify opportunities to improve forecasting processes and implement more robust cost modelling techniques.
- Provide analytical insight to support key business decisions through clear, data-driven reporting.
- Educated to a HNC/HND qualification.
- Proven analytical skills with a practical understanding of end-to-end production processes.
- An appreciation of manufacturing processes.
- Exposure to cost estimation or cost modelling practices.
- Strong communicator who can influence stakeholders and build relationships across functions.
- Skilled at balancing multiple priorities and managing workload under time constraints.
- Naturally inquisitive and proactive, with a drive to challenge data and improve outcomes.
Cost Engineer employer: Innovate Recruitment Ltd
Contact Detail:
Innovate Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Engineer
✨Tip Number 1
Familiarise yourself with the specific manufacturing processes relevant to the defence sector. Understanding these processes will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the cost engineering field, especially those who have experience in defence manufacturing. Engaging with them can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss real-world examples of how you've used analytical skills to influence business decisions. This will showcase your ability to apply your knowledge practically, which is crucial for this role.
✨Tip Number 4
Stay updated on the latest trends in cost modelling and estimation techniques. Being knowledgeable about current practices will set you apart from other candidates and show your commitment to continuous improvement.
We think you need these skills to ace Cost Engineer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Cost Engineer role. Emphasise your analytical skills, understanding of production processes, and any experience with cost estimation or modelling.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the defence sector. Discuss how your background in engineering and cost analysis can contribute to the company's goals, and mention specific examples of past achievements.
Highlight Collaboration Skills: Since the role involves working closely with various teams, emphasise your ability to communicate effectively and build relationships. Provide examples of how you've successfully collaborated with stakeholders in previous roles.
Showcase Problem-Solving Abilities: In your application, illustrate your analytical mindset by discussing how you've tackled challenges in cost forecasting or data accuracy. Highlight any innovative solutions you've implemented to improve processes.
How to prepare for a job interview at Innovate Recruitment Ltd
✨Showcase Your Analytical Skills
As a Cost Engineer, your analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis to inform decisions in previous roles. Highlight any experience you have with cost modelling and forecasting.
✨Understand the Manufacturing Process
Familiarise yourself with the manufacturing processes relevant to the role. Being able to speak knowledgeably about how these processes impact cost will demonstrate your understanding and make you a more attractive candidate.
✨Prepare for Stakeholder Engagement
Since the role involves collaboration with various teams, think of examples where you've successfully engaged with stakeholders. Be ready to discuss how you influenced decisions and built relationships across functions.
✨Demonstrate Proactivity and Curiosity
The job description mentions the need for a proactive approach. Prepare to share instances where you've challenged assumptions or improved processes. This will show that you're not just reactive but also forward-thinking.
