Product Cost Manager – Trent 700Trent 900
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Job Summary
Job Description
Product Cost Manager Trent 700/Trent 900
Derby(Hybrid - min 3 days on site)
Full Time
Rolls-Royce is seeking a Product Cost Manager to join the Trent Fleet & Mature Engines value stream supporting the Trent 700 and Trent 900 programmes.
This roleis responsible fordefining and delivering the product cost strategy across the engine lifecycle ensuring cost competitiveness while enabling sustainable margin growth.
Working across Engineering Manufacturing Operations and Procurement the Product Cost Manager will lead cost optimisation initiatives drive cost transparency across the value stream and ensure robust cost governance across key business processes.
This role plays a critical part in ensuring the commercial success and long-term profitability of the Trent installed fleet.
What you will be doing:
As Product Cost Manager you will lead product cost strategy and performance across the Trent 700 and Trent 900 value streams.
Product Cost Strategy
Define and deliver the product cost strategy across the Trent 700 and Trent 900 lifecycle ensuring cost competitiveness and unit cost and margin improvement.
Identifyand drive cost improvement opportunities across revenue and cost levers within the value stream.
Benchmark product costs to ensure best-in-class cost performance.
Cost Governance & Business Planning
Own product cost inputs into key business processes including:
Business Plans.
Contract Review Packs.
5 Year Plan.
Product Introduction & Lifecycle Management (PILM).
Ensure product cost is fully embedded in strategic decision-making and investment planning.
Cross-Functional Cost Optimisation
Partner with Engineering Manufacturing Operations and Procurement teams toidentifyand deliver cost reduction initiatives.
Influence product design and operational decisions to drive cost-effective solutions across the engine lifecycle.
Value Stream Performance
Deliver engine margin improvement across the value stream balancingcostand revenue drivers.
Translate operational performance into clear financial outcomes and cost drivers.
Drive a culture of cost awareness and cost-informed decision making across the organisation.
Governance & Reporting
Establish robust governance and reporting frameworks tomonitorcost performance and ensure delivery of commitments.
Provide clear visibility of cost performancerisksand opportunities to senior leadership.
Preferred requirements:
We are looking for someone commercially minded with strong analytical capability and the ability to influence across complex cross-functional teams.
Experience in business strategy finance cost management or commercial roles within complex engineering or industrial environments.
Experience working across cross-functional teams including engineeringoperationsand procurement.
Understanding of product lifecycle economics ideally within aerospacemanufacturingor engineering-led industries.
Experience contributing to business planning financialmodellingor cost strategy development.
Strong commercial and financial acumen.
Excellent analytical and problem-solving capability.
Ability to influence and challenge across senior stakeholders and cross-functional teams.
Strong communicationand stakeholder engagement skills.
Ability to translate complex operational data into clear financial insights.
Why join Rolls-Royce
At Rolls-Royce we are proud to be a business that has truly helped to shape the modern world and are committed to always being a force for progress; poweringprotectingand connecting people everywhere.
By joining Rolls-Royceyoullhave the opportunity to work on world-class solutions supported by a culture that believes individuality is our greatest strength and all perspectives experiences and backgrounds help us innovate and enable our high-performance culture.
We offer excellent development opportunities a competitive salary and exceptional benefits. These include bonus employee supportassistanceand employee discounts.
Our vision is to ensure that the excellence and ingenuity that shaped our history continues into our future. Our multi-year transformation programme aims to turn Rolls-Royce into ahigh-performing competitiveresilientand growing company.Join us and it can be your future vision too.
Rolls-Royce are committed to being a respectful inclusive and non-discriminatory workplace where individuality is valued diverse perspectives fuel innovation and everyone can thrive.
Please be aware that the priority will be given to employees identified as being athigh risk. The professional level and salary of the position will be dependent on the skills and experience of the successful candidatebut isanticipatedto beLevelC.
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.
Closing Date:27thMarch 2026
Please reach out to Andy Yeates or Rachel Walker for further information
Job Category
Service ManagementPosting Date
16 Mar 2026; 00:03Posting End Date
27 Mar 2026Required Experience:
Manager
Key Skills
- Time Management
- Data Analytics
- Analytical
- Agile
- Requirement Gathering
- Strategic thinking
- Visio
- Communication
- Problem Solving
- Market Research
- UML
- Cross Functional Teams
About Company
We offer excellent development prospects, along with a competitive salary and benefits. Pioneer an ocean of power. Join us and you'll develop your skills and expertise to the very highest levels, working in an international environment for a company known the world over for brillianc ... View more
