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Services Cost Manager
Services Cost Manager – Full Time (Derby)
Why join Rolls-Royce?
We have an exciting opportunity for an enthusiastic, self-motivated leader to join the Trent 1000/7000 Value Stream team as a Services Cost Manager.
With over 600 aircraft in service and a growing orderbook of aircraft, the Trent 1000/7000 Value Stream covers the full breadth of engine activity—providing a unique opportunity to develop business reach across the lifecycle of an engine.
Reporting to the Vice President – Cost, you will:
- Define and own a robust cost strategy roadmap, policies, and baseline cost assumptions to underpin profitability of the Trent 1000/7000 and directly impact business performance.
- Align this strategy for existing and future business, while evaluating the impact of cost reduction proposals.
Key Responsibilities
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Cost Strategy Leadership
- Define, secure approval, own, and communicate the aftermarket cost strategy to align with:
- Improved contract returns
- 5-year plan commitments
- Business plan requirements
- Overall margin improvement objectives
- Define, secure approval, own, and communicate the aftermarket cost strategy to align with:
-
Product Cost Governance
- Own the product cost attributes for the Trent 1000/7000, ensuring inputs are robust and clear action plans exist to meet committed targets.
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Cost Commitments & Evaluations
- Define accurate and robust aftermarket cost commitments for:
- The 5-year plan
- New and existing business evaluations
- Integrate cost inputs into contracted business and financial processes, with actionable recommendations for opportunities and hazards.
- Define accurate and robust aftermarket cost commitments for:
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Risk Management & Assumptions
- Capture both cost opportunities and hazards, creating mitigation plans.
- Recommend financial provisions to manage risks and uncertainties.
- Work cross-functionally with:
- Finance
- Service Business
- Engineering
- Aftermarket Operations
- Customer Team
- Provide aligned cost commitments, policies, and assumptions.
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Cost Reduction & Business Case Support
- Support and approve cost reduction initiatives and product changes via formal business cases.
Position Qualifications
- Preferred: Degree qualification.
- Preferred Requirements:
- Strong business acumen and good analytical skills with some product understanding.
- Ability to translate complex data into actionable business outcomes, policies, and recommendations.
- Proficiency in communicating and influencing senior stakeholders and other business areas.
Why Rolls-Royce?
At Rolls-Royce, we’re proud to be a company that shapes the modern world through innovation. Joining us means:
- Contributing to world-class solutions in power, protection, and connectivity.
- Thriving in high-performance culture that values individuality and diverse perspectives.
- Generous benefits, led by our global transformation Programme for long-term growth.
Regional Benefits:
- Generous annual leave
- Retirement savings through the Rolls-Royce Retirement Savings Trust
- Group Life Assurance and entitlement to Income Protection
- Your Shares – matched 1:1 purchasing at entry-level
- Employee Assistance Programme (EAP) and Live Well programmes
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Our Vision:
Rolls-Royce is committed to continuing excellence and innovation, turning our company into a high-performing, competitive, resilient, and growing business.
Diversity & Inclusion
Rolls-Royce is an organisation where:
- Individuality is celebrated
- Diverse perspectives drive innovation
- Everyone can thrive in a respectful, non-discriminatory workplace
Additional Notes:
- **Position Level Clarification:**Details will be confirmed based on the candidate’s skills and experience—expect Level C. Application priority will be given to high-risk candidates. However, applications from any grade/experience level are encouraged.
- Further Job Sharing: Current Manager should be informed of application.
- Contact: For more information, please reach out to Harry Mackilligin (VP Cost) or Andy Walsh (Recruiter).
Job Category: Service Operations Posting Date: 02 Jul 2026 Closing Date: 15 Jul 2026 Company Context: Rolls-Royce continues to pioneer cutting-edge technologies for our planet’s sustainable power needs.
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