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Full-time
bachelor degree
Generous Annual Leave, Retirement Savings, Group Life Assurance, Group Income Protection, Employee Assistance Programme, Live Well Programmes
Posted 8d ago
Apply by Aug 18
~40 hrs/week
Responsibilities
The role involves managing engine lifecycle costs to ensure service agreement profitability while maintaining product safety and reliability. You will drive cost reduction initiatives, develop business cases, and analyze financial data to improve fleet performance and forecasts.
Requirements
Candidates should hold a degree in a numerate or business discipline or possess equivalent experience in finance, business, or engineering. Strong analytical skills, proficiency in Microsoft Excel, and the ability to work collaboratively across global teams are essential.
Full job description
Job Description
Services Cost Officer - Delivery
Full time
Derby
What you will be doing:
We have an exciting opportunity an enthusiastic, self-motivated leader to join the Trent 1000 & 7000 cost team as a Services Cost Officer – Delivery.
The Trent 1000 and Trent 7000, powering the Boeing 787 and the Airbus A330-neo, are two crucial widebody engine programmes for Rolls-Royce’s Civil portfolio. Within the respective value streams, the 1000/7000 cost team sit at the heart of product performance, turning technical, operational and commercial data into the decisions that improve profitability, improving customer outcomes and shaping the long-term competitiveness of the product.
In this role, you will help define robust cost strategies, baseline assumptions and cost reduction proposals that directly influence services margin, shop visit economics and lifecycle value. It is also an excellent development opportunity, offering exposure across Engineering, Operations, Finance, Commercial and Customer teams, and building the breadth, judgement and influencing skills needed to progress into more senior product, programme or business leadership roles.
Responsibilities:
The aim of the Life Cycle Cost Officer role is to support the optimisation of the cost of operation of an engine throughout its life cycle. The majority of operators for the Trent 7000 and Trent 1000 will be under Total Care service agreements. It is therefore essential that the cost base is managed to ensure that the cost of these service agreements is minimised throughout the term of the contracts, whilst maintaining Product Safety, Reliability & Customer Satisfaction.
The key accountabilities for this role are to support the Life Cycle Cost Managers within the NPI programmes to deliver the following:
Develop a thorough understanding of the levers of value inherent in our business, and through these own and drive the financial performance of our fleets.
Guide and drive the delivery of cost reduction initiatives to ensure a profitable and competitive product.
Support development of Business Cases & Strategy to support key product change and deliver Business Plan objectives.
Analyse live cost inputs (actuals/invoices) and financial information to support development and improvement of our financial forecasts.
Develop, deploy, and support functional processes, tools, training, and systems that enable the creation of credible plans that balance availability, cost, and performance.
Preferred requirements:
Educated to degree level or equivalent in a numerate or business discipline or will have business, finance or engineering experience.
Innovative thinking and a drive to solve problems and take accountability.
Financial management, commercial acumen and decision-making skills, comfortable dealing with ambiguity.
Highly analytical and able to interpret data and complete data modelling using Microsoft Excel.
Able to communicate effectively and work collaboratively across diverse and global teams.
Why Rolls-Royce?
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.
Within 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.
Regional Benefits:
Generous Annual Leave.
Retirement Savings through the Rolls-Royce Retirement Savings Trust.
Group Life Assurance provides for a lump sum benefit if you die whilst employed by Rolls-Royce & Group Income Protection provides an income in the event that you are unable to work due to illness or injury.
Employee Assistance (EAP) and Live Well programmes.
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.
Please be aware that the priority will be given to employees identified as being at high risk. The professional level and salary of the position will be dependent on the skills and experience of the successful candidate but is anticipated to be SNBG 7 – 10.
This job is advertised at the grades shown, and this is the desired operating level for this role. We encourage applications from candidates with relevant experience from any grade.
It is advised that you inform your current manager of your application for this role.
For further information please contact: Harry Mackilligin
Recruiter: Andy Walsh – andy.walsh2@Rolls-Royce.com
We're a force for progress: powering, protecting and connecting people everywhere.
Industry
Industrial Machinery Manufacturing
Company size
10,001+ employees
Headquarters
London, England
LinkedIn followers
1,921,412
Total funding
$1.5B
At Rolls-Royce, we're a force for progress: powering, protecting and connecting people everywhere.
We’ve been at the forefront of innovation for more than a hundred years. Our engineering excellence is the power behind some of the most critical technologies used in the air, at sea and on land.
Offices: 90 York Way, London, England N1 9FX, GB · PO Box 31, Derby, DE24 8BJ, GB · PO Box 420, Indianapolis, Indiana 46206-0420, US · Eschenweg 11, Dahlewitz, 15827 Blankenfelde-Mahlow, Germany, DE · Airport Road, Abu Dhabi, Abu Dhabi, AE
Civil AerospaceDefence AerospaceServicesand Power SystemsMachinery ManufacturingInformation TechnologyLogisticsIndustrial ManufacturingMechanical EngineeringAutomotive
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