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Cost Controller

2 months ago

Newport, Newport, United Kingdom Aston Martin Aramco Formula One Team Full time
Cost Analyst - Engineering

We are seeking a highly skilled Cost Analyst - Engineering to join our Finance team at Aston Martin Aramco Formula One Team. As a key member of our team, you will play a crucial role in analyzing, forecasting, and managing costs associated with engineering projects and activities.

Key Responsibilities:
  1. Partner with the Engineering department to ensure accurate costing and budgeting for projects.
  2. Conduct detailed cost analysis of engineering projects, identifying areas for cost reduction and implementing cost-saving measures.
  3. Develop and manage budgets for engineering projects, ensuring alignment with overall financial objectives.
  4. Collaborate with engineering teams to identify and implement cost-saving measures and financial insights to proposed process improvements.
  5. Provide cost engineering support for new product development, ensuring that cost targets are met.
  6. Work closely with procurement, finance, and manufacturing teams to ensure integrated cost management across departments.
  7. Identify and mitigate cost-related risks in engineering projects.
  8. Support the finance business partner in tracking actual costs and providing visibility of actual cost impact from specific products/projects.
  9. Work with the ERP development team to review and improve methods of collating and presenting cost data.
  10. Develop and maintain a KPI matrix for cost targets, measuring departmental performance against budget and stretch reduction commitments.
Requirements:
  1. Proficiency in cost engineering processes and tools.
  2. Engineering background or experience in a related field.
  3. Working knowledge of engineering processes, principles, and methodologies.
  4. Ability to interpret part drawings and convert to meaningful financial data.
  5. High professional standards, including quality of work, accuracy, and attention to detail.
  6. Advanced skills in Microsoft Office Suite, especially Excel and Power BI.

Aston Martin Aramco Formula One Team is committed to attracting, recruiting, and retaining the most talented individuals, regardless of age, disability, gender identity, gender expression, gender reassignment, marital or civil partnership status, pregnancy or maternity, race, religion, belief, sex, or sexual orientation. We strive to be a team that reflects all the communities with which we engage around the world through diversity in the workplace and promoting an inclusive culture in which all team members are respected, empowered, and valued.