Rolls-Royce

Procurement Product Cost Manager

Rolls-Royce

full-time

Posted on:

Location Type: Hybrid

Location: Derby • United Kingdom

Visit company website

Explore more

✨ AI Apply
Apply

About the role

  • Manage the cost forecast of an extensive portfolio of cost reduction and cost mitigation projects and ensure accuracy and credibility of the in-year and long-term product cost forecast.
  • Lead and support the regular product cost governance with internal stakeholders and provide a clear communication of status including arising opportunities and risks to allow their proactive management to deliver the best outcome for the business.
  • Work with the Category to generate, develop and execute cost reduction projects and cost mitigation projects.
  • You will be required to work creatively and proactively champion a wide range of cost opportunities using market intelligence, data analytics and digital tools.
  • You will also be expected to build an understanding of the Category critical cost drivers (including contractual escalation, contract renewal, directed buy, …) and the Category strategy.
  • Manage and task Procurement Cost leads reporting you and support their development.
  • Champion a Cost-conscious culture.

Requirements

  • A degree (BA level) and/or CIPS qualifications.
  • Experience of data analysis, willingness to provide hypothesis and identify and articulate financial opportunities.
  • Good business acumen and desire to develop deep understanding of commercial and financial principles.
  • Good interpersonal, and people management skills and ability and desire to engage with a wide range of stakeholders at various levels, functions, and areas of the business.
  • Ability to influence and challenge in a positive manner.
  • Can work at pace with a level of pragmatism and tenacity.
  • Transformational mindset, willing to look at alternative approaches and different ways of working, which may challenge the norms and context of today.
  • A passion for driving change and making a measurable difference.
Benefits
  • excellent development
  • competitive salary
  • exceptional benefits
  • bonus
  • employee support assistance
  • employee discounts
  • hybrid working
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
data analysiscost forecastingcost reductioncost mitigationmarket intelligencefinancial analysiscontractual escalationcontract renewalprocurement management
Soft Skills
interpersonal skillspeople managementstakeholder engagementinfluencingpositive challengingpragmatismtenacitytransformational mindsetchange managementcommunication
Certifications
CIPS qualificationsBA degree