Manufacturing Cost Performance Manager
Manufacturing Cost Performance Manager

Manufacturing Cost Performance Manager

Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Rolls-Royce plc

At a Glance

  • Tasks: Lead strategic initiatives to reduce manufacturing costs and drive process improvements.
  • Company: Join a forward-thinking manufacturing company with a focus on innovation.
  • Benefits: Enjoy competitive salary, bonuses, employee discounts, and hybrid working options.
  • Why this job: Make a real impact on cost efficiency while collaborating with diverse teams.
  • Qualifications: Degree-level education or equivalent experience in manufacturing; strong leadership skills required.
  • Other info: Dynamic role with opportunities for professional growth and development.

The predicted salary is between 60000 - 80000 £ per year.

We have several exciting opportunities for Manufacturing Cost Performance Managers to join our team. Reporting to SVP – Product Cost, these roles will provide a unique opportunity to lead and drive a company level strategic initiative across one of our Manufacturing Business Units.

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.

Working with functions across Manufacturing Operations, Engineering, Technology and Safety plus portfolio planning - the successful candidate will define and drive cultural, process and system level initiatives to reduce cost within manufacturing. In this role, you will plan, develop and implement the Cost Programme in line with business, production, and organisational priorities within a Manufacturing Business Unit, including system and process improvements, as well as:

  • Lead a cross functional team to define and recommend a package of work to deliver against the product cost goals set by the business.
  • Identification and exploitation of synergies across the manufacturing business that maximise our product cost financial returns.
  • Ownership and accountability for execution against an agreed cost programme budget across our domestic manufacturing footprint.
  • Provides change management (within affordability) for the respective cost programme to ensure delivery of our business cost objectives.
  • Lead appropriate governance aligned with our operating model to ensure effective and efficient delivery of our cost programme.
  • Take lead responsibility for significant cost issues relevant to the Manufacturing Business Unit. Develop and recommend plans to resolve the issue and communicate status to the business.
  • In conjunction with Finance, maintain a cost system to monitor progress against the business financial objectives.
  • Approve all cost information used for financial submissions, business plans and engineering changes.
  • Support our strategic cost planning activity including procurement excellence, technical cost out and technology adoption that enables our long term product cost success.
  • Create and sustain a high performance culture linked to cost awareness and relevant cost management capabilities within the manufacturing business unit, providing coaching and guidance to front line leaders.
  • Transform our mindset and engagement in Product Cost across the Manufacturing Business Units with varied exposure across operations and into customer areas.

To be successful in this role you will need to meet the following criteria: Qualified to degree level or equivalent experience within a manufacturing industry. Demonstrable experience of leading large, cross functional teams delivering complex programmes which drive improved business profit and/or cash. Financially astute and able to understand how cost levers will impact overall Manufacturing Business Unit cash & cost performance. Product & process awareness within Manufacturing is essential. Technical experience would be advantageous.

Manufacturing Cost Performance Manager employer: Rolls-Royce plc

As a Manufacturing Cost Performance Manager, you will thrive in a dynamic work environment that prioritises employee development and well-being. Our hybrid working model allows for flexibility, ensuring you can balance your professional and personal life while collaborating with cross-functional teams to drive strategic initiatives. With competitive salaries, exceptional benefits, and a culture that fosters innovation and accountability, we are committed to supporting your growth and success within our manufacturing business unit.
Rolls-Royce plc

Contact Detail:

Rolls-Royce plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Manufacturing Cost Performance Manager

✨Tip Number 1

Network like a pro! Reach out to people in the manufacturing industry, especially those who work in cost management. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by researching the company’s cost initiatives and recent projects. Show us that you’re not just another candidate; demonstrate your understanding of their goals and how you can contribute to reducing costs effectively. Tailor your responses to highlight your relevant experience!

✨Tip Number 3

Practice your pitch! Be ready to explain how your past experiences align with the role of Manufacturing Cost Performance Manager. Use specific examples of how you’ve led cross-functional teams or improved cost performance in previous roles. Confidence is key!

✨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 us you’re genuinely interested in joining our team. Let’s make this happen together!

We think you need these skills to ace Manufacturing Cost Performance Manager

Cost Management
Cross-Functional Team Leadership
Change Management
Financial Acumen
Manufacturing Process Awareness
Strategic Planning
System and Process Improvement
Governance and Compliance
Coaching and Guidance
Data Monitoring and Analysis
Problem Resolution
Communication Skills
Technical Cost Analysis
Performance Culture Development

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Manufacturing Cost Performance Manager role. Highlight your experience in leading cross-functional teams and any relevant achievements in cost management. We want to see how you can bring value to our team!

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 background aligns with our needs. Don’t forget to mention your understanding of manufacturing processes and cost levers.

Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to drive cost improvements. Use numbers and examples to illustrate your impact – we love seeing quantifiable results!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at Rolls-Royce plc

✨Know Your Numbers

As a Manufacturing Cost Performance Manager, you'll need to be financially savvy. Brush up on key financial metrics and cost levers relevant to manufacturing. Be prepared to discuss how you've used these in past roles to drive improvements.

✨Showcase Your Leadership Skills

You'll be leading cross-functional teams, so it's crucial to demonstrate your leadership experience. Prepare examples of how you've successfully managed teams and delivered complex programmes. Highlight your ability to motivate and guide others towards achieving cost goals.

✨Understand the Business Landscape

Familiarise yourself with the company's manufacturing operations and their strategic priorities. Research recent initiatives or changes within the industry that could impact cost performance. This will show your genuine interest and help you align your answers with their goals.

✨Prepare for Change Management Questions

Change management is a big part of this role. Think about times you've led change initiatives and how you handled resistance. Be ready to discuss your approach to ensuring successful delivery of cost programmes while maintaining team morale and productivity.

Manufacturing Cost Performance Manager
Rolls-Royce plc

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