Cost Estimator
2 days ago
Estimated Salary: £60,000 - £80,000 per annum
Company OverviewThe Mercedes-AMG Petronas Formula One Team is a world-renowned organization that strives to design, develop, manufacture and race cars with the aim of fighting for world championships. Our team is passionate and determined, working together to achieve our goals.
Job Responsibilities- Estimate, monitor and forecast costs on Formula 1 car projects, balancing cost, quality and time requirements.
- Assess the financial viability of car upgrades and project development throughout the season.
- Business Partnering with the Design Office, you will have a comprehensive understanding of F1 financial regulations.
- Provide accurate costing information and analysis on F1 projects throughout their life cycles to facilitate decision making.
- Plan and forecast cost estimates of car parts, assemblies and systems.
- Compile, monitor and report on cost performance for the designated car area.
- Ensure good maintenance of financial data held within SAP, CAD and the Cost Visualiser functions.
- Perform variance analysis and develop effective strategies and recovery plans to bring cost in line with target budget.
- Work with Finance and other Cost Analysts to ensure consistency of approach and methodologies, aligning processes and standardising practices.
Our riverside campus features an on-site gym and exercise studio, subsidised restaurant and on-site parking with EV chargers available.
We offer a competitive and attractive package of benefits including a generous bonus scheme, Mercedes car lease scheme, private medical cover, life assurance and 25 days holiday.
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