Procurement Product Cost Manager

Job Description

Procurement Product Cost Manager

Full time

Derby/Hybrid/Bristol

What you will be doing

We are looking for a Procurement Product Cost Manager to work closely with the Aerospace Procurement Category teams lead the management of the Category Cost forecast and collaborate with the Category team to identify and deliver cost reduction and cost mitigation projects. The role is cross functional at its heart and will give you the opportunity to work with wide range of internal stakeholders gain exposure to an extensive range of business processes and develop highly transferrable skills.

You will play a key role in making Rolls-Royce a high performing competitive resilient and growing business.

Your responsibilities will include:

• 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. This will support business financial forecasting and portfolio decisions. You will be using our executive product cost management tools and processes and will play a critical role in the delivery of our yearly long term product cost forecasting process.

• 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. You will be working in diverse teams will need to influence stakeholder and seek their support.

• Champion a Cost-conscious culture.

• Manage and task Procurement Cost leads reporting you and support their development.

Why Rolls-Royce

Work with us and well welcome you into a culture of caring and belonging where you can be yourself. We will listen first embrace feedback and act with integrity. We will invest in your continuous learning and development and make sure you have access to a wide breadth and depth of opportunities to grow your career and make a difference.

We offer excellent development a competitive salary and exceptional benefits. These include bonus employee support assistance and employee discounts.

Hybrid working is a way in which our people can balance their time between the office home or another remote location. Its a locally managed and flexed informal discretionary arrangement. As a minimum were all expected to attend the workplace for collaboration and other specific reasons frequency will depend on business needs nature of role what works for the team and for the individual. Discover more on our GBS Service Portal about hybrid working.

Who were looking for

To be successful in this role youll bring strong business acumen a strategic mindset and could work collaboratively across functions. Youll thrive in a dynamic environment and enjoy solving complex problems. Specifically youll need:

• 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.

Our vision is to ensure that the excellence and ingenuity that has shaped our history continues into our future. Our multi-year transformation programme aims to turn Rolls-Royce into a high-performing competitive resilient and growing company. Join us and it can be your future vision too.

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 the salary of the position will be dependent on the skills and experience of the successful candidate.

It is advised that you inform your current manager of your application for this role.

We are an equal opportunities employer. Were 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 well be. By building a culture of respect and appreciation we give everyone who works here the opportunity to realise their full potential.

Learn more about our global Inclusion Strategy

Grade: Level C

Closing Date: 28th October 2025

People Leader: Mickael Drozdz

For further information please contact: Batinder Chana

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