Services Cost Officer

18 Hours ago • All levels

Job Summary

Job Description

We have an exciting opportunity for an enthusiastic, self-motivated leader to join the Trent 1000/7000 Value Stream team as a Services Cost Officer. Reporting to the Cost Managers, you will define robust cost strategy, baseline cost assumptions, and evaluate cost reduction proposals. This role directly impacts the profitability and business performance of the Trent 1000/7000. This is a fixed-term position expected to conclude on December 31st, 2025.
Must have:
  • Develop a thorough understanding of the levers of value inherent in our business
  • Own and drive the financial performance of our fleets
  • Support development of Business Cases & Strategy to support key product change and deliver Business Plan objectives
  • Responsibility for analysing and forecasting financial information to support development and improvement of our financial forecasts
  • Develop, deploy, and support functional processes, tools, training, and systems that enable the creation of credible plans that balance availability, cost, and performance
  • Demonstrate understanding of the applicable health and safety
  • Educated to degree level or equivalent in an Engineering, numerate or business discipline
  • Innovative thinking and a drive to solve problems and take accountability
  • Financial management, commercial acumen and decision-making skills
  • Highly analytical and able to interpret data and complete data modelling using Microsoft Excel
  • Able to communicate effectively and work collaboratively across diverse and global teams
Good to have:
  • Engineering background preferably within Aerospace Industry
  • Comfortable dealing with ambiguity
Perks:
  • Excellent development opportunities
  • Competitive salary
  • Exceptional benefits
  • Bonus
  • Employee support assistance
  • Employee discounts
  • Hybrid working
  • Inclusive, innovative culture
  • Environment of caring and belonging

Job Details

Job Description

Services Cost Officer

Full time (Fixed Term until Dec 31st 2025)

We have an exciting opportunity an enthusiastic, self-motivated leader to join the Trent 1000/7000 Value Stream team as a Services Cost Officer.

With over 600 aircraft in service and a growing orderbook of aircraft, the Trent 1000/7000 Value Stream covers the full breadth of activity of those engines in service and provides a unique opportunity to develop business breadth across the lifecycle of an engine.

Reporting to the Cost Managers you will work on defining a robust cost strategy roadmap and policies, baseline cost assumptions for both existing and future business as well as evaluating the business impact of cost reduction proposals. These underpin the profitability of the Trent 1000/7000 so have a direct impact on our business performance.

This is a fixed term role which is expected to end 31st December 2025.

Why Rolls-Royce?

Rolls-Royce is one of the most enduring and iconic brands in the world and has been at the forefront of innovation for over a century. We design, build and service systems that provide critical power to customers where safety and reliability are paramount.

We are proud to be a force for progress, powering, protecting and connecting people everywhere.

We want to ensure that the excellence and ingenuity that has shaped our history continues into our future, and we need people like you to come and join us on this journey.

We’ll provide an environment of caring and belonging where you can be yourself. An inclusive, innovative culture that invests in you, gives you access to an incredible breadth and depth of opportunities where you can grow your career and make a difference.

What we offer:

We offer excellent development opportunities, a competitive salary, and exceptional benefits. These include bonus, employee support assistance and employee discounts.

Your needs are as unique as you are. Hybrid working is a way in which our people can balance their time between the office, home, or another remote location. It’s a locally managed and flexed informal discretionary arrangement. As a minimum we’re all expected to attend the workplace for collaboration and other specific reasons, on average three days per week.

What you will be doing:

You will play a key role within our integrated, cross-functional team. Our Value Streams have a critical and wide accountability within our Civil Aerospace business, and routinely collaborate with colleagues from all around the world, in addition you will:

  • Develop a thorough understanding of the levers of value inherent in our business, and through these own and drive the financial performance of our fleets.
  • Support development of Business Cases & Strategy to support key product change and deliver Business Plan objectives.
  • Responsibility for analysing and forecasting financial information to support development and improvement of our financial forecasts.
  • Develop, deploy, and support functional processes, tools, training, and systems that enable the creation of credible plans that balance availability, cost, and performance.

Who we’re looking for:

At Rolls-Royce we put safety first, do the right thing, keep it simple and make a difference. These principles form the behaviours that guide us and are an essential component of our assessment process. They are the fundamental qualities that we seek for all roles. For this role you will need to demonstrate understanding of the appliable health and safety.

To be successful in this role you will need to meet the following criteria:

  • Engineering background preferably within Aerospace Industry.
  • Educated to degree level or equivalent in an Engineering, numerate or business discipline.
  • Innovative thinking and a drive to solve problems and take accountability.
  • Financial management, commercial acumen and decision-making skills, comfortable dealing with ambiguity.
  • Highly analytical and able to interpret data and complete data modelling using Microsoft Excel.
  • Able to communicate effectively and work collaboratively across diverse and global teams.

We are an equal opportunities employer. We’re 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 we’ll be. By building a culture of respect and appreciation, we give everyone who works here the opportunity to realise their full potential.

We welcome applications from people with a refugee background.

You can learn more about our global Inclusion strategy at Our people | Rolls-Royce

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About The Company

Rolls-Royce pioneers cutting-edge technologies that deliver the cleanest, safest and most competitive solutions to our planet’s vital power needs.

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