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- Tasks: Lead cost analysis projects to boost product profitability and drive cost-saving initiatives.
- Company: Join METTLER TOLEDO, a global leader in precision instruments and innovation.
- Benefits: Enjoy competitive salary, hybrid working, early finishes on Fridays, and generous holiday allowance.
- Why this job: Make a real impact by enhancing product profitability through detailed analysis and teamwork.
- Qualifications: Experience in cost analysis, strong analytical skills, and proficiency in SAP and Excel.
- Other info: Dynamic work environment with opportunities for training, development, and social events.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking a motivated and skilled Cost and Value Engineer to join METTLER TOLEDO Safeline, our Metal Detection Strategic Business Unit based in Manchester. In this role, you will lead cost analysis and improvement projects to enhance product profitability. You will analyse financial and production data, monitor product costs, identify cost variances, and drive cost-saving initiatives across teams. You will also collaborate on new product cost estimations and lead continuous improvement in cost engineering processes. This role is perfect for someone who enjoys detailed analysis, teamwork, and leading improvements to maximise profitability.
What You’ll Do:
- Maintain accurate and consistent cost and margin reporting.
- Create unified reporting for Finance, Procurement, Engineering, and Operations to base decisions on consistent data.
- Drive real-time variance analysis and enable preventive actions to reduce risks.
- Highlight and escalate cost variances, risks, and margin erosion early with clear evidence.
- Support cross-functional alignment on validated cost insights.
- Analyse Bills of Materials, routings, and labour flows to identify cost drivers and improvement opportunities.
- Provide Procurement with cost benchmarks and analysis to aid negotiations.
- Evaluate alternatives in design, process, or materials for efficiency and savings.
- Support New Product Introduction with cost-to-target analysis and risk highlighting.
- Track improvement projects and measure their sustained cost impact.
- Embed cost awareness and accountability across all functions.
- Support implementation of standardised cost control processes and dashboards.
- Provide analysis for management reviews to highlight risks, opportunities, and actions.
What You Need to Succeed:
- Proven experience as a Cost Engineer, Cost Analyst, Cost Specialist or similar role.
- Experience in data, operational and financial analysis.
- Experience within a manufacturing, engineering, or technical organisation.
- Experience working within a Standard Cost environment and showing an understanding of Manufacturing Variance.
- Strong analytical skills.
- Extensive knowledge and experience of SAP.
- Excellent working knowledge and skill within MS Excel application.
- Ideally qualified to degree level.
Our Offer to You:
- Competitive salary.
- Annual bonus scheme.
- Hybrid working.
- Early finish on Fridays.
- 26 days holiday plus public holidays.
- Enhanced maternity and paternity leave.
- Holiday accrual scheme (earn up to 8 extra days holiday per year).
- 4x salary life assurance.
- 24/7 access to free and confidential Employee Assistance Programme to support mental health and wellbeing.
- Company social events.
- Opportunities for training and development.
About Mettler Toledo:
METTLER TOLEDO is a global leader in precision instruments and services. We are renowned for innovation and quality across laboratory, process analytics, industrial, product inspection, and retailing applications. Our sales and service network is one of the most extensive in the industry. Our products are sold in more than 140 countries, and we have a direct presence in approximately 40 countries.
Equal Opportunity Employment:
We promote equal opportunity worldwide and value diversity in our global workforce, which reflects the diversity in the many countries in which we operate internationally. Our commitment to Equal Opportunity and Diversity begins with our recruitment and selection process. We will ensure that individuals with disabilities are provided reasonable adjustments to participate in the job application or interview process. If you consider yourself to have a disability or learning difficulty which means you are unable to complete the application process online, please get in touch by email to ukrecruitment@mt.com so that we can make alternative arrangements for you.
Cost and Value Engineer in Manchester employer: Mettler-Toledo International Inc.
Contact Detail:
Mettler-Toledo International Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost and Value Engineer in Manchester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. 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 METTLER TOLEDO and understanding their products and values. Tailor your answers to show how your skills in cost analysis and improvement align with their goals.
✨Tip Number 3
Practice your problem-solving skills! Be ready to tackle real-world scenarios related to cost engineering during interviews. Show them how you can drive cost-saving initiatives and improve profitability.
✨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, it shows you’re genuinely interested in joining the METTLER TOLEDO team.
We think you need these skills to ace Cost and Value Engineer in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost and Value Engineer role. Highlight your experience in cost analysis, financial data handling, and any relevant projects you've led. We want to see how your skills match what we're looking for!
Showcase Your Analytical Skills: In your application, emphasise your analytical skills and experience with tools like SAP and MS Excel. We love candidates who can dive deep into data and come up with actionable insights, so don’t hold back on sharing your successes!
Be Clear and Concise: When writing your cover letter, keep it clear and concise. We appreciate straightforward communication, so get to the point about why you’re a great fit for the role and how you can contribute to our team at METTLER TOLEDO.
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and you’ll be able to submit all the necessary documents in one go. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Mettler-Toledo International Inc.
✨Know Your Numbers
As a Cost and Value Engineer, you'll be dealing with financial data all the time. Brush up on your understanding of cost analysis and variance reporting. Be ready to discuss specific examples from your past experience where you successfully identified cost-saving opportunities or improved profitability.
✨Showcase Your Analytical Skills
This role requires strong analytical skills, so prepare to demonstrate how you've used data to drive decisions in previous roles. Bring along examples of reports or analyses you've created, and be prepared to explain your thought process behind them.
✨Collaboration is Key
You'll be working across various teams, so highlight your teamwork experience. Think of instances where you collaborated with finance, procurement, or engineering to achieve a common goal. Be ready to discuss how you facilitated communication and alignment among different departments.
✨Familiarise Yourself with SAP and Excel
Since extensive knowledge of SAP and MS Excel is crucial for this position, make sure you're comfortable discussing your proficiency with these tools. Prepare to talk about specific functions or features you've used in the past that helped you analyse costs or improve processes.