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Head of tco

Coventry
Hays
Posted: 4 March
Offer description

Job Description

Head of Total Cost of Ownership (TCO) | £60,000–£70,000 + Bonus + Benefits | Hybrid working | Coventry

Your new company
A leading European mobility and vehicle leasing organisation is looking for an experienced Head of TCO to take ownership of its Total Cost of Ownership and Residual Value (RV) strategy across the UK portfolio.This is a highly influential role where you’ll lead a team, shape pricing strategy, oversee financial risk relating to RVs, and work cross‑functionally with Sales, Commercial, Finance, and senior leadership.If you have a strong background in residual values, TCO modelling, automotive pricing, or fleet economics, this is a rare and exciting opportunity to step into a senior leadership position in a major, fast‑growing business.Your new role

* Leading and developing a team of three analysts.
* Owning TCO and RV modelling frameworks used in pricing, forecasting, and budget planning.
* Monitoring market trends affecting RVs, maintenance costs, and other TCO drivers.
* Building strong relationships with vehicle manufacturers and external data providers.
* Working closely with Sales and Commercial teams to support competitive pricing and customer proposals.
* Challenging existing processes to improve accuracy, transparency, and operational efficiency.
* Presenting analyses and recommendations to senior management and risk committees.
* Ensuring compliance with internal controls, data accuracy, and audit requirements.
* Supporting scenario modelling and long‑term profitability planning.

What you'll need to succeed

* Strong experience in residual values, TCO modelling, pricing, or fleet/automotive cost modelling.
* A commercially minded analyst with advanced Excel and strong financial acumen.
* Comfortable presenting to senior stakeholders and influencing decision‑making.
* Confident challenging assumptions and improving existing processes.
* Experience working with CAP HPI, Autovista, Glass’s, or similar data sources (advantageous).
* Background in vehicle leasing, OEMs, fleet management, automotive finance, or related sectors.
* Leadership experience, ideally managing analysts or technical teams.

What you'll get in return

* £60k–£75k basic salary
* 10.5% annual bonus
* Family Private Medical Insurance
* Enhanced Pension Scheme
* Company car scheme
* Hybrid working
* Opportunity to shape TCO strategy in a large, ambitious mobility business

What you need to do now


If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career. # 4771238

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