Product Cost Manager (Trent XWB Value Stream)

Product Cost Manager (Trent XWB Value Stream) - A Strategic Opportunity at Rolls-Royce

Rolls-Royce is presenting a compelling career opportunity for a dynamic Product Cost Manager within its prestigious Trent XWB Value Stream. This full-time role, based in Derby with a hybrid work model (3 days on-site), offers a unique chance to shape the financial success of one of the world's leading aircraft engine families.

Why This Role is a Career Accelerator:

This position is more than just a job; it's a strategic leadership role with significant impact. You will be at the forefront of optimising product costs for the Trent XWB engine, a critical component of Rolls-Royce's financial performance and future innovation. The sheer scale of the Trent XWB's presence, with over 600 aircraft in service and a substantial order book, underscores the importance and visibility of this role.

Key Advantages for Candidates:

• Strategic Influence: As the Value Stream lead for product cost, you will have direct responsibility for delivering on cost commitments. Your insights will be crucial in informing major business processes, including business plans and contract reviews.
• Lifecycle Breadth: This role offers unparalleled exposure to the entire engine lifecycle, from new product introductions (NPI) to in-service engines and aftermarket sales. This provides a holistic understanding of business operations and financial levers.
• Cross-Functional Collaboration: You will be the primary interface with Civil Manufacturing Operations and Procurement teams, fostering collaboration to drive cost strategies and achieve ambitious targets.
• Direct Impact on Financial Performance: The Trent XWB engine portfolio contributes significantly to Civil Aerospace's profit. Your success in managing product costs will directly translate into margin growth and the achievement of strategic business objectives.
• Culture of Growth and Innovation: Rolls-Royce is committed to fostering a culture of belonging, integrity, and continuous learning. You'll have access to extensive development opportunities to broaden your skills and advance your career.
• Hybrid Working: Enjoy a balanced approach to work with the flexibility of a hybrid model, allowing for effective collaboration and personal well-being.

Key Considerations for Your Career Path:

To thrive in this role and make a lasting contribution, consider the following:

• Strategic Mindset: The ability to define and execute a product cost strategy is paramount. This includes benchmarking, identifying revenue and cost levers for margin improvement, and setting cost commitments for NPI programs.
• Financial Acumen & Business Acumen: A strong understanding of business strategy, finance, and cost management is essential. You'll need to think creatively, challenge the status quo, and understand the financial implications of business activities.
• Influencing & Communication Skills: You will be interacting with senior stakeholders. The ability to communicate succinctly and influence effectively is critical for driving cost-focused decision-making and achieving buy-in.
• Problem-Solving & Collaboration: Tackling complex business challenges will require excellent teamwork, innovative problem-solving skills, and a collaborative spirit.
• Product Knowledge: While not strictly mandatory, a reasonable level of product knowledge for the Trent XWB engine family would be a significant advantage.

This is an exceptional opportunity for a motivated individual looking to make a significant impact within a leading aerospace company. If you are driven by a desire to optimise costs, drive business growth, and be part of a forward-thinking organisation, this role at Rolls-Royce could be the perfect next step in your career journey.