At a Glance
- Tasks: Lead cost reduction projects and manage product cost forecasts in a dynamic environment.
- Company: Join Rolls-Royce, a leader in aerospace innovation and collaboration.
- Benefits: Competitive salary, professional development, and a chance to drive impactful change.
- Other info: Opportunity for career growth in a fast-paced, transformative setting.
- Why this job: Make a real difference in cost management while working with diverse teams.
- Qualifications: Degree or CIPS qualifications, data analysis skills, and strong interpersonal abilities.
The predicted salary is between 60000 - 75000 £ per year.
We are looking for a Procurement Product Cost Manager to work closely with the Aerospace Procurement Category teams, lead the management of the Category Cost forecast and collaborate with the Category team to identify and deliver cost reduction and cost mitigation projects. The role is cross‑functional at its core and will give you the opportunity to work with a wide range of internal stakeholders, gain exposure to an extensive range of business processes and develop highly transferrable skills.
Responsibilities
- Manage the cost forecast of an extensive portfolio of cost reduction and cost mitigation projects, ensuring accuracy and credibility of the in‑year and long‑term product cost forecast to support business financial forecasting and portfolio decisions.
- Lead and support the regular product cost governance with internal stakeholders, communicating status, opportunities and risks to enable proactive management.
- Work with the Category to generate, develop and execute cost reduction and cost mitigation projects.
- Champion a wide range of cost opportunities using market intelligence, data analytics and digital tools.
- Build an understanding of the Category’s critical cost drivers and strategy.
- Influence stakeholders and secure their support for cost initiatives.
- Champion a cost‑conscious culture throughout the organization.
- Manage and task Procurement Cost leads reporting to you and support their development.
Qualifications
- Degree (BA level) and/or CIPS qualifications.
- Experience in data analysis, with the ability to form hypotheses and identify financial opportunities.
- Strong business acumen and desire to develop a deep understanding of commercial and financial principles.
- Good interpersonal and people‑management skills, with the ability to engage stakeholders at various levels and functions.
- Ability to influence and challenge constructively.
- Capacity to work at pace, with pragmatism and tenacity.
- Transformational mindset, open to alternative approaches and different ways of working.
- Passion for driving change and creating measurable impact.
Relocation assistance is not available for this position. Rolls‑Royce is an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to any protected characteristics.
Procurement Cost Programme Manager employer: Rolls-Royce plc
At Rolls-Royce, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. As a Procurement Cost Programme Manager, you will have the opportunity to engage with diverse teams, drive impactful cost initiatives, and develop your career in a supportive environment that values professional growth and development. Our commitment to inclusivity and excellence makes us a standout choice for those seeking meaningful and rewarding employment in the aerospace sector.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Cost Programme Manager
✨Tip Number 1
Network like a pro! Reach out to people in the aerospace industry, especially those in procurement roles. Use LinkedIn to connect and engage with them; you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by researching the company and its cost management strategies. Be ready to discuss how your skills in data analysis and stakeholder engagement can contribute to their goals. Show them you mean business!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career aspirations. Check out our website for tailored job listings that suit your skills and interests. We’ve got your back!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
We think you need these skills to ace Procurement Cost Programme Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Procurement Cost Programme Manager. Highlight your experience in data analysis and cost management, and don’t forget to showcase your ability to influence stakeholders!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about cost reduction and how your skills align with our needs. Be sure to mention any relevant projects you've led or contributed to.
Showcase Your Interpersonal Skills:Since this role involves working with various stakeholders, make sure to highlight your people-management skills. Share examples of how you've successfully engaged and influenced others in past roles.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status directly!
How to prepare for a job interview at Rolls-Royce plc
✨Know Your Numbers
As a Procurement Cost Programme Manager, you'll need to demonstrate your data analysis skills. Brush up on key financial metrics and be ready to discuss how you've used data to identify cost-saving opportunities in the past.
✨Stakeholder Engagement is Key
This role involves working with various internal stakeholders. Prepare examples of how you've successfully influenced others or led cross-functional teams. Show that you can communicate effectively and build relationships.
✨Show Your Transformational Mindset
The company values a transformational mindset. Be prepared to share instances where you've embraced change or introduced innovative solutions. Highlight your adaptability and willingness to explore new approaches.
✨Demonstrate Your Passion for Cost Reduction
Express your enthusiasm for driving cost initiatives. Discuss any relevant projects you've led or been part of that resulted in significant savings. This will show your commitment to fostering a cost-conscious culture.
