system & lifecycle cost engineer-1
system & lifecycle cost engineer-1

system & lifecycle cost engineer-1

Etwall Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join us as a System Cost Engineer, influencing product costs and supporting innovative projects.
  • Company: Rolls-Royce is a leading global brand in aerospace innovation and safety.
  • Benefits: Enjoy hybrid working, competitive salary, bonuses, and employee discounts.
  • Why this job: Be part of a diverse team driving progress and making a real impact in aerospace.
  • Qualifications: Engineering degree required; experience in manufacturing processes preferred.
  • Other info: We value diversity and welcome applications from all backgrounds.

The predicted salary is between 36000 - 60000 £ per year.

Job Description

Job Description\\n\\nSystem Cost Engineer\\n\\nFull Time\\n\\nDerby/Hybrid\\n\\nAn exciting opportunity has become available for a System Cost Engineer in Derby. You will be part of a global team and provide tactical and strategic cost support to design, manufacturing, procurement and engine services.\\n\\nThis team is part of the newly formed Manufacturing Engineering and Materials Group within ET&S and, as a key part, of this broader, high performing team, we are responsible for generating value for the aerospace division through the identification, evaluation and support of product cost avoidance & reduction programmes and projects across all stages of the product life cycle.\\n\\nWhy Rolls-Royce?\\n\\nRolls-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.\\n\\nWe are proud to be a force for progress, powering, protecting and connecting people everywhere.\\n\\nWe 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.\\n\\nWe'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.\\n\\nWhat we offer:\\n\\nWe offer excellent development opportunities, a competitive salary, and exceptional benefits. These include bonus, employee support assistance and employee discounts.\\n\\nYour 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.\\n\\nWhat you will be doing:\\n\\nIn this exciting role as a System Cost Engineer, you will understand, report, challenge and influence product cost within future programmes, new product introduction and service stage:\\nSupport design-to-cost activities on component, sub-system and system levelInfluence integrated commodity strategies and house-stylesProvide product cost insight and cost levers to Engineering and ProcurementPerform cost benchmarksCreate scaled price estimates and bottom-up activity based costingsFacilitate or support cross-functional cost reduction workshops\\nWho we're looking for:\\n\\nAt 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:\\nKnowledge & experience of manufacturing processes associated to e.g. automotive, defence, space or, preferably, jet enginesAbility to convert design definitions into routers, process minutes and material consumptionsEngineering Degree "BEng, Master of Eng, PhD in Eng"\\nOptional experience:\\nFamiliar with Engineering, Manufacturing and Finance SystemsFamiliar with cost modellingFamiliar with CADGood project management skills and knowledge of supply chain implicationsGood understanding of lean principlesA passion for future products and ability to perform in ambiguous environments\\nWe 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.\\n\\nWe welcome applications from people with a refugee background.\\n\\nYou can learn more about our global Inclusion strategy at Our people | Rolls-Royce\\n\\nJob Category\\n\\nMechanical Systems\\n\\nPosting Date\\n\\n10 Jul 2025; 00:07\\n\\nPosting End Date\\n\\n27 Jul 2025PandoLogic. Keywords: Cost Analyst, Location: Derby, ENG – DE23 8NX

system & lifecycle cost engineer-1 employer: Rolls Royce

Rolls-Royce is an exceptional employer, offering a dynamic and inclusive work culture that prioritises employee growth and development. Located in Derby, the company provides flexible hybrid working arrangements, competitive salaries, and a comprehensive benefits package, ensuring that every team member can thrive while contributing to innovative aerospace solutions.
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Contact Detail:

Rolls Royce Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land system & lifecycle cost engineer-1

✨Tip Number 1

Familiarise yourself with the aerospace industry, particularly in relation to cost engineering. Understanding the specific challenges and trends in this sector will help you engage in meaningful conversations during interviews.

✨Tip Number 2

Network with professionals already working at Rolls-Royce or in similar roles. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could boost your application.

✨Tip Number 3

Brush up on your knowledge of manufacturing processes, especially those related to jet engines. Being able to discuss these processes confidently will demonstrate your expertise and enthusiasm for the role.

✨Tip Number 4

Prepare to discuss how you can contribute to cost reduction initiatives. Think of examples from your past experiences where you've successfully identified cost-saving opportunities and be ready to share them.

We think you need these skills to ace system & lifecycle cost engineer-1

Cost Modelling
Manufacturing Process Knowledge
Engineering Degree (BEng, MEng, PhD)
Design-to-Cost Activities
Cross-Functional Collaboration
Cost Benchmarking
Scaled Price Estimation
Bottom-Up Costing
Project Management Skills
Lean Principles Understanding
CAD Familiarity
Supply Chain Knowledge
Analytical Skills
Problem-Solving Skills
Communication Skills

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the System Cost Engineer position. Understand the key responsibilities and required skills, as this will help you tailor your application effectively.

Highlight Relevant Experience: In your CV and cover letter, emphasise any experience you have with manufacturing processes, cost modelling, or engineering principles. Use specific examples that demonstrate your ability to influence product costs and support cost reduction initiatives.

Showcase Your Qualifications: Make sure to clearly state your educational background, especially if you hold an Engineering Degree (BEng, MEng, or PhD). Mention any additional qualifications or certifications that are relevant to the role.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also reflects your passion for the aerospace industry and your alignment with Rolls-Royce's values. Be sure to mention how you can contribute to their mission of innovation and safety.

How to prepare for a job interview at Rolls Royce

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a System Cost Engineer. Familiarise yourself with cost analysis, manufacturing processes, and how they relate to aerospace. This will help you answer questions confidently and demonstrate your knowledge.

✨Showcase Relevant Experience

Prepare to discuss your previous experience in manufacturing or engineering roles, especially if you've worked with cost modelling or project management. Use specific examples to illustrate how your background aligns with the job requirements.

✨Emphasise Team Collaboration

Since this role involves working within a global team, highlight your ability to collaborate effectively. Share examples of how you've successfully worked with cross-functional teams in the past, particularly in cost reduction initiatives.

✨Align with Company Values

Research Rolls-Royce's core values and principles. Be prepared to discuss how your personal values align with theirs, particularly around safety, simplicity, and making a difference. This will show that you're not just a fit for the role, but also for the company culture.

system & lifecycle cost engineer-1
Rolls Royce
R
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