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- Tasks: Define cost strategies and evaluate proposals to boost business performance.
- Company: Join Rolls-Royce, a leader in innovation and engineering excellence.
- Benefits: Competitive salary, employee bonuses, support assistance, and discounts.
- Why this job: Make a real impact on world-class solutions in a collaborative environment.
- Qualifications: Degree in a numerate discipline or relevant business/finance experience.
- Other info: Inclusive workplace with excellent development and career growth opportunities.
The predicted salary is between 28800 - 43200 £ per year.
An exciting opportunity has arisen for a talented individual to join the Trent Fleet and Mature Engines Value Stream as a Services Cost Officer. As the Cost Officer – Trent 1000/7000, you will work on defining a robust cost strategy roadmap and policies, baseline cost assumptions for both existing and future business as well as evaluating the business impact of cost reduction proposals. These underpin the profitability of the Trent 1000/7000 so have a direct impact on our business performance.
Responsibilities:
- Support the definition and management of the Service Cost strategy to deliver business plan requirements and margin improvement objectives.
- Support Cost reduction identification and creation/management of plans to deliver improvements, including analysis of actual shop visit cost.
- Support management of all Service Cost controlling policies.
- Provide business case support and approval for Product Change Management items.
- Support the generation of cost base for financial reporting - Time on wing, Shop Cost and Services cost.
Position qualifications:
- Educated to degree level or equivalent in a numerate or business discipline or will have business, finance or engineering experience.
Preferred requirements:
- Proven track record in delivering results in challenging environments and clear capability of influencing across functions.
- Financial and business acumen.
- Highly analytical and able to interpret data and complete data modelling using Excel.
- Strong interpersonal and communication skills.
- Previous experience in a relevant discipline, preferably with an understanding of the Services Business or understanding of the engine lifecycle, particularly with regards to the cost base.
At Rolls-Royce we are proud to be a business that has truly helped to shape the modern world and are committed to always being a force for progress; powering, protecting and connecting people everywhere. By joining Rolls-Royce, you'll have the opportunity to work on world-class solutions, supported by a culture that believes individuality is our greatest strength, and all perspectives, experiences and backgrounds help us innovate and enable our high-performance culture. We offer excellent development, a competitive salary and exceptional benefits, such as: Employee bonus, Employee support assistance, Employee discounts.
Our vision is to ensure that the excellence and ingenuity that shaped our history continues into our future. Our multi-year transformation programme aims to turn Rolls-Royce into a high-performing, competitive, resilient and growing company. Join us, and it can be your future vision too. Rolls-Royce are committed to being a respectful, inclusive, and non-discriminatory workplace where individuality is valued, diverse perspectives fuel innovation, and everyone can thrive.
Closing Date: 22nd December 2025
As part of our selection process, candidates in certain locations may be asked to complete an online assessment, which can include cognitive and behavioural aptitude testing relevant to the role. If required, full instructions for the next steps will be provided.
Service Cost Officer in Derby employer: Rolls Royce
Contact Detail:
Rolls Royce Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Service Cost Officer in Derby
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Rolls-Royce. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and role. Understand their cost strategies and be ready to discuss how your skills can contribute to their goals.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've tackled cost-related challenges in the past. Numbers speak louder than words!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed and you’re considered for this exciting opportunity.
We think you need these skills to ace Service Cost Officer in Derby
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Service Cost Officer role. Highlight your relevant experience in finance, cost management, and any analytical skills that match the job description. We want to see how you can contribute 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 the role and how your background aligns with our goals at Rolls-Royce. Let us know what makes you the perfect fit for our team.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, be sure to include examples of how you've used data to drive decisions or improvements in previous roles. We love seeing candidates who can interpret data effectively!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, you’ll find all the details you need about the role and our company culture there.
How to prepare for a job interview at Rolls Royce
✨Know Your Numbers
As a Service Cost Officer, you'll be dealing with financial data and cost strategies. Brush up on your financial acumen and be ready to discuss how you would approach cost reduction proposals. Prepare examples of how you've used data analysis in previous roles to support your decisions.
✨Understand the Engine Lifecycle
Familiarise yourself with the engine lifecycle, especially regarding cost implications. Be prepared to discuss how different phases impact costs and profitability. This knowledge will show that you understand the broader context of your role within the company.
✨Showcase Your Interpersonal Skills
This role requires collaboration across various functions. Think of examples where you've successfully influenced others or worked in cross-functional teams. Highlight your communication skills and how they helped achieve business objectives.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Practice articulating your thought process when faced with challenges related to cost management. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
