Cost Engineer

We are seeking a motivated and skilled Cost Engineer to join METTLER TOLEDO Safeline, our Metal Detection Strategic Business Unit based in Manchester.In this role, you will lead cost analysis and improvement projects to enhance product profitability. You'll analyse financial and production data, monitor product costs, identify cost variances, and drive cost-saving initiatives across teams. You will also collaborate on new product cost estimations and lead continuous improvement in cost engineering processes.This role is perfect for someone who enjoys detailed analysis, teamwork, and leading improvements to maximise profitability.What You'll Do:Maintain accurate and consistent cost and margin reporting.Create unified reporting for Finance, Procurement, Engineering, and Operations to base decisions on consistent data.Drive real-time variance analysis and enable preventive actions to reduce risks.Highlight and escalate cost variances, risks, and margin erosion early with clear evidence.Support cross-functional alignment on validated cost insights.Analyse Bills of Materials, routings, and labour flows to identify cost drivers and improvement opportunities.Provide Procurement with cost benchmarks and analysis to aid negotiations.Evaluate alternatives in design, process, or materials for efficiency and savings.Support New Product Introduction with cost-to-target analysis and risk highlighting.Track improvement projects and measure their sustained cost impact.Embed cost awareness and accountability across all functions.Support implementation of standardised cost control processes and dashboards.Provide analysis for management reviews to highlight risks, opportunities, and actions.What You Need to SucceedProven experience as a Finance Analyst, Cost Engineer, Cost Analyst, Cost Specialist or similar roleExperience in data, operational and financial analysisExperience within a manufacturing, engineering, or technical organisation is highly desirableStrong analytical skillsExtensive knowledge and experience of SAP is desirableExcellent working knowledge and skill within MS Excel applicationIdeally qualified to degree levelOur Offer to YouCompetitive salaryAnnual bonus schemeHybrid workingEarly finish on Fridays26 days holiday plus public holidaysEnhanced maternity and paternity leaveHoliday accrual scheme (earn up to 8 extra days holiday per year)4x salary life assurance24/7 access to free and confidential Employee Assistance Programme to support mental health and wellbeingCompany social eventsOpportunities for training and developmentAbout Mettler ToledoMETTLER TOLEDO is a global leader in precision instruments and services. We are renowned for innovation and quality across laboratory, process analytics, industrial, product inspection, and retailing applications. Our sales and service network is one of the most extensive in the industry. Our products are sold in more than 140 countries, and we have a direct presence in approximately 40 countries. For more information, please visit www.mt.com.Equal Opportunity EmploymentWe promote equal opportunity worldwide and value diversity in our global workforce, which reflects the diversity in the many countries in which we operate internationally. Our commitment to Equal Opportunity and Diversity begins with our recruitment and selection process. We will ensure that individuals with disabilities are provided reasonable adjustments to participate in the job application or interview process. If you consider yourself to have a disability or learning difficulty which means you are unable to complete the application process online, please get in touch by email to aneesa.butt@mt.com so that we can make alternative arrangements for you. For more information on our commitment to Sustainability, Diversity and Equal Opportunity please visit us here.