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Cost Analysis Engineer

3 months ago


Derby, Derby, United Kingdom Alstom Full time

Position ID: 454884

Location: Derby, DE24 8AD

Employment Type: Permanent

Compensation Package: starting from 58K + additional benefits

At Alstom, we are dedicated to understanding transportation systems and the dynamics of mobility. Our offerings range from high-speed trains and metros to comprehensive systems, services, infrastructure, signalling, and digital mobility solutions. With a workforce of 80,000, we are committed to fostering greener and smarter mobility worldwide, connecting urban areas while reducing carbon emissions and reliance on automobiles.

As the leading provider of new trains and associated services in the UK & Ireland, Alstom is also a key player in signalling and rail infrastructure. We have contributed to nearly 40% of the UK mainline train fleet and are responsible for the entire fleets operating within London Underground and Dublin Luas. Our extensive portfolio includes innovative solutions in the rail sector, encompassing high-speed rolling stock, metros, trams, maintenance, modernisation, infrastructure, and signalling.

Your Future Responsibilities

Embrace a new opportunity to leverage your costing expertise in a pioneering sector.

Your role will involve estimating the technical costs associated with components and systems as defined by the engineering team.

On a daily basis, you will collaborate closely with various teams to assist the engineering department in adopting a cost-focused approach, contributing to the establishment of target costs, and more.

Your specific responsibilities will include supporting the sourcing team during supplier negotiations.

We expect you to:


• Based on product specifications:

Develop a cost model for a product familyAssess the technical costs of components using a cost model approach


• Based on component design:

Make assumptions regarding industrial processesCalculate the technical costs of components using appropriate tools


• Contribute to enhancing the cost management discipline:

Act as a reference for a specific process or product familyShare insights from supplier feedbackDocument potential savings opportunities

About You

We prioritize enthusiasm and attitude over extensive experience. Therefore, we do not expect you to possess every skill listed. However, we believe the following attributes will aid your success and growth in this position:

Degree in Electrical Engineering or a related fieldStrong product knowledgeSolid understanding of industrial processesEffective communication skillsProactive and self-motivated

Preferred Qualifications

Familiarity with DMA/CATIA for basic tasksAbility to utilize SAP for extracting costing dataSkills in System Integration Engineering

What We Offer

We provide a competitive remuneration package, including 25 days of annual leave plus bank holidays, with options to buy or sell holiday. Additional benefits include healthcare contributions, life assurance, an excellent pension scheme, and a variety of flexible benefits tailored to your lifestyle.

Alstom is at the forefront of the mobility sector, addressing the most compelling challenges for future transportation. We value innovative and inquisitive individuals who are passionate about collaborating to redefine mobility, making it smarter and more sustainable. We are committed to fostering an agile, inclusive, and responsible culture, offering diverse opportunities for learning, growth, and career advancement across functions and locations.

Equal Opportunity Statement:

Alstom is an equal opportunity employer dedicated to creating an inclusive workplace where all employees are encouraged to reach their full potential, and individual differences are respected. All qualified applicants will be considered for employment without regard to race, color, religion, gender, sexual orientation, gender identity, age, national origin, disability status, or any other characteristic protected by local law.

As a 'Disability Confident' employer, we will interview all disabled applicants who meet the essential criteria of the job description. We are open to flexible working requests for all roles unless operational requirements dictate otherwise.