Senior Cost Engineer

2 weeks ago

London, Greater London, United Kingdom Elysia Full time

Fortescue WAE exists to accelerate the advantage and impact of our clients. We do it through innovative engineering and technology that solves complex problems and brings a step-change in weight, speed, and efficiency. Join us to help fulfil our mission to accelerate an efficient, electric, and sustainable future.

An opportunity has arisen for a Senior Cost Engineer to join the Procurement department in a rapidly expanding and exciting work environment. As part of a developing cost engineering function within Fortescue WAE, you will be a key member responsible for driving cost improvement ideas throughout the product life cycle, advising & implementing best practice in the cost engineering team, commercial, design & procurement functions alike, from concept through to serial production.

Job role:

  • In depth understanding of various processes associated with complex commodities. An expert in several process types & commodities is key.
  • Delivering robust detailed and directional Should Costs (estimates).
  • To participate in the process of supplier selection and supplier strategy planning.
  • Support the development of should cost models by commodity group suitable for anticipated production volumes. Able to generate bespoke cost models to suit supplier processes from scratch.
  • Identify & drive material/process/layout improvements that can be promoted as product cost reduction ideas.
  • Ability to identify and discuss cost gaps with suppliers, taking the lead in negotiating cost reduction ideas or gaps to expectation with use of supporting market data.
  • Development of process improvements within the cost engineering, procurement & engineering functions to support a cohesive teamworking environment. (Stakeholder engagement is essential to driving improvement)
  • As part of a developing function within WAE you will be expected to be a role model and inspire others to excel in professional behaviour and technical expertise.

You'll have:

  • Strong knowledge of low & high-volume manufacturing processes and associated commercial cost drivers.
  • Experience in developing electrical & mechanical commodities alike.
  • Able to review and understand technical proposals, technical drawings, and specifications.
  • Can utilise CAD modelling software (Siemens Teamcenter or similar) to support identifying cost drivers.
  • Experience in using cost modelling software's to create bottom up should costs.
  • Tooling cost driver knowledge also essential.
  • Ability to identify gaps in knowhow, willing to learn and develop knowledge of new commodities.
  • Capable of developing and sharing cost engineering best practice methods with stakeholders.
  • Able to manage multiple projects.
  • A good understanding of cross functional roles within the procurement/supply chain structure would be beneficial.
  • The ability to demonstrate cross functional teamwork is critical.
  • Analysing and interpreting numerical data and reaching sound judgments and recommendations
  • Excellent problem-solving skills.
  • Ability to work under own initiative and under pressure, in a controlled manner.
  • Excellent communication skills both written and verbal.
  • Able to present logical findings to various stakeholders key (Microsoft Excel and office skills)
  • Supplier visits are part of the role, so a clean driving license is essential.

We'll provide:

  • Training to add to your existing skills and accelerate your career
  • A supportive and empowering work environment

The closing date for applications is 24 th May 2024.

Location:

Kidlington, Oxfordshire

Disclaimers and DEI:

You do not need to match every listed expectation to apply for this position. At Fortescue WAE we are committed to building a team that encompasses a variety of backgrounds, experiences, and skills. Fortescue WAE is an equal opportunity employer that values diversity and inclusion. If you have a disability, we are happy to discuss reasonable job adjustments.

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