• Job Description

  Req#: JR6137495

  Job Description

  System Cost Engineer

  Full Time

  Derby/Hybrid

  An 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.
  
  This 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.

  Why Rolls-Royce?

  Rolls-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.

  We are proud to be a force for progress, powering, protecting and connecting people everywhere.

  We 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.

  We’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.

  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.

  What you will be doing:

  In 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:

  • Support design-to-cost activities on component, sub-system and system level
  • Influence integrated commodity strategies and house-styles
  • Provide product cost insight and cost levers to Engineering and Procurement
  • Perform cost benchmarks
  • Create scaled price estimates and bottom-up activity based costings
  • Facilitate or support cross-functional cost reduction workshops

  Who we’re looking for:

  At 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:

  • Knowledge & experience of manufacturing processes associated to e.g. automotive, defence, space or, preferably, jet engines
  • Ability to convert design definitions into routers, process minutes and material consumptions
  • Engineering Degree “BEng, Master of Eng, PhD in Eng”

  Optional experience:

  • Familiar with Engineering, Manufacturing and Finance Systems
  • Familiar with cost modelling
  • Familiar with CAD
  • Good project management skills and knowledge of supply chain implications
  • Good understanding of lean principles
  • A passion for future products and ability to perform in ambiguous environments

  We 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.

  We welcome applications from people with a refugee background.

  You can learn more about our global Inclusion strategy at Our people | Rolls-Royce

  Job Category

  Mechanical Systems

  Posting Date

  10 Jul 2025; 00:07

  Posting End Date

  27 Jul 2025

• About the company

  Rolls-Royce Holdings plc is a British multinational engineering company incorporated in February 2011 that owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries.

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