Job Description Cost manager Full time Derby What you will be doing: We have an exciting opportunity an enthusiastic, self-motivated leader to join the Trent 1000/7000 Value Stream team as a 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 activity of those engines in service and provides a unique opportunity to develop business breadth across the lifecycle of an engine. Reporting to the Senior Vice President - Contract Management, you will define a robust cost strategy roadmap, policies and baseline cost assumptions which underpin the profitability of the Trent 1000/7000 so have a direct impact on our business performance. This will be for both existing and future business as well as evaluating the business impact of cost reduction proposals. Responsibilities: In this exciting role, you will define, secure approval, own and communicate the aftermarket cost strategy consistent with delivery of improved contract returns, 5-year plan commitments, business plan requirements and overall margin improvement objectives, as well as: Own the product cost attributes on behalf of the Trent 1000/7000, ensuring the inputs are robust, with clear action plans to reach the committed attributes where required. Accountable for defining accurate and robust aftermarket cost commitments for the 5-year plan and for new and existing business evaluations Own the integrated processes to provide these inputs into our contracted business and associated financial processes. Capture both opportunities & hazards to aftermarket cost and create plans to realise/mitigate including recommendation of financials provision to manage both risks and uncertainties. Integrate with Finance, Service Business, Engineering, Aftermarket Operations and Customer Team to provide clear cost commitments. policies and assumptions Provide business case support and approval for cost reduction initiatives and product changes. Why Rolls-Royce? We deliver the best jet engines in the world. We’re proud to be part of the pathway to net zero as we power society for generations to come. Work with us and we’ll welcome you into an inclusive culture, one that invests in your continuous learning and development, and gives you access to a wide breadth and depth of experience. This is an interesting opportunity to work in a busy, world-class engineering and manufacturing environment. We offer excellent development, a competitive salary and exceptional benefits. These include bonus, employee support assistance and employee discounts. Who we are looking for: Being a part of Rolls-Royce, you’ll know we embrace agility, are bold, pursue collaboration and seek simplicity in everything we do. These principles form our values and behaviours and are an essential component of our assessment process and are fundamental qualities that we seek for all roles. To be successful in this role you will need to meet the following criteria: Strong business acumen and good analytical skills, some product understanding. Ability to understand complex data and digest into tangible business outcomes, policies and recommendations. The ability to communicate & influence senior stakeholder groups and other business areas. Degree qualified Join us & help Rolls-Royce to become a high-performing, competitive, resilient business. Please be aware that the priority will be given to employees identified as being at high risk. The professional level and salary of the position will be dependent on the skills and experience of the successful candidate but is anticipated to be Level C. This job is advertised at the grades shown, and this is the desired operating level for this role. We encourage applications from candidates with relevant experience from any grade. It is advised that you inform your current manager of your application for this role. 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. You can learn more about our global Inclusion strategy here. Grade: Level C. Closing Date: Midnight 17th July 2025 For further information please contact: Hannah March Recruiter: Andy Walsh – andy.walsh2@Rolls-Royce.com Job Category Services Fleet/Contract Management Posting Date 03 Jul 2025; 00:07 Posting End Date 17 Jul 2025