Product Cost Manager

Job DescriptionProduct Cost Manager (Trent XWB Value Stream)Full TimeDerby / Hybrid - 3 days on-siteWhat you will be doing:An exciting opportunity has arisen for an enthusiastic self-motivated leader to join the Trent XWB Commercial Aviation Value Stream team as Product Cost Manager.With over 600 aircraft in service and a growing orderbook of 1300 aircraft the Trent XWB Value Stream covers the full breadth of activity for both engines in service and in development and provides a unique opportunity to develop business breadth across the lifecycle of an engine.The Trent XWB family of engines play a pivotal role in delivering Rolls-Royces financial commitments and help fund our future. This position reporting to the Senior Vice President - Contract Management will be the Value Stream lead for all activity related to the delivery of product cost commitments. It forms the primary interface for the Value Stream with the Civil Manufacturing Operations and Procurement teams ensuring Product Cost for both existing and future variants of the Trent XWB engine is optimised to deliver margin growth on new engine deliveries and aftermarket part sales.The Trent XWB engine portfolio delivers a significant portion of Civil Aerospace engine and aftermarket profit and successful management of Product Cost is critical to ensure strategic initiatives and committed business returns are delivered.Responsibilities:In this role you will define the Product Cost strategy for in service and New Product Introduction (NPI) engines including benchmarking to ensure best in class as well as:Deliver Value Stream engine margin improvement strategic workstream covering both Revenue and Cost levers.Own Product cost inputs to all major business processes and reviews including Business Plan Contract Review Packs and Product Introduction and Lifecycle Management (PILM).Work in conjunction with the Manufacturing Operations and Procurement teams to identify influence and drive major cost strategies and specific initiatives to deliver committed targets.Ensure robust and integrated governance and reporting framework exists to drive engagement and execution of commitments.Drive a cost focused culture in a product management process to ensure cost informed decision-making and understanding of financial implications of business activities.For NPI programmes determine the cost commitments for the business plan and the roadmap to achieve them.Why Rolls-RoyceWork with us and well welcome you into a culture of caring and belonging where you can be yourself. We will listen first embrace feedback and act with integrity. We will invest in your continuous learning and development and make sure you have access to a wide breadth and depth of opportunities to grow your career and make a difference.We offer excellent development a competitive salary and exceptional benefits. These include bonus employee support assistance and employee discounts.Hybrid working is a way in which our people can balance their time between the office home or another remote location. Its a locally managed and flexed informal discretionary arrangement. As a minimum were all expected to attend the workplace for collaboration and other specific reasons on average three days per week. Discover more on our GBS Service Portal about hybrid working.Who were looking for:Being a part of Rolls-Royce youll know we embrace agility are bold pursue collaboration and seek simplicity in everything we do. These principles form our values and behaviours and are an essential component of our assessment process and are fundamental qualities that we seek for all roles.To be successful in this role you will need to meet the following criteria:Business strategy finance or cost/commercial experience.Good business acumen combined with an ability to think creatively and challenge the status quo.Personal drive and motivation to tackle tough business challenges through excellent collaboration teamwork and innovative problem-solving skills.Ability to communicate succinctly & influence senior stakeholder groups.Reasonable level of Product knowledge desirable.Degree qualified or relevant experience desirable.Join us & help Rolls-Royce to become a high-performing competitive resilient business.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 Level C.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.We are an equal opportunities employer. Were 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 well be. By building a culture of respect and appreciation we give everyone who works here the opportunity to realise their full potential.You can learn more about our global Inclusion strategy here.Grade: Level CClosing Date: Midnight 23rd September 2025For further information please contact: Robert StevensonRecruiter: Andy Walsh Job CategoryServices Fleet/Contract ManagementPosting Date16 Sept 2025; 00:09Posting End Date23 Sept 2025Required Experience:Manager Key Skills Time Management,Data Analytics,Analytical,Agile,Requirement Gathering,Strategic thinking,Visio,Communication,Problem Solving,Market Research,UML,Cross Functional Teams Employment Type : Full-Time Experience: years Vacancy: 1