Senior Cost Engineer - Interiors

About the job

WHAT TO EXPECT

The Finance department offers a unique and highly challenging experience with business-wide exposure and development, where the key to success is the ability to manage our internal customer's expectations and deliver against their requirement using resources assigned against multiple and often conflicting priorities.

The Cost Engineering function is an integral part the Finance department and is responsible for ensuring the correct use of JLR funds appertaining to all aspects of supply chain in line with product aspirations to deliver profitable growth, by partnering the business in all other operational functions (principally Purchasing, Product Engineering, Advanced Product Creation, and other Finance functions).

THE ROLE

As a Senior Cost Engineer, you will be part of a dynamic team focused on specific vehicle commodities associated with one of several teams: (principally Purchasing, Product Engineering, Advanced Product Creation, and other Finance functions). You’ll be responsible for delivering robust detailed and directional Should Costs (estimates); lead initiatives to identify commodity cost saving opportunities within the JLR supply chain; drive commercial and lead technical negotiations to deliver cost gap closure; being a crucial and proactive member of the Matched Trio (Cost Engineer, Buyer and Engineer) to participate in the process of supplier selection and supplier strategy planning; advise Product Engineering on design and change cost impact; provide expert direction to Advanced Product Creation (APC) initiatives; to be a role model and inspire others to excel in professional behaviour and technical expertise.    

Key Responsibilities will include:

• Should Cost Analysis - Perform all Cost Estimating duties ensuring conformity to departmental procedures and processes, involving detailed, directional, greenfield estimates costings. Including materials, relevant engineering processes, commercial matters and mark-up.
• Cost Negotiation - Play a leading role driving supplier negotiations, both within and in addition to cross functional team activities at: The tendering process, engineering design changes and supplier claims.
• Supplier Review - Use technical and commercial expertise to review, validate and drive Best Practice in supplier processes. Take a lead role within the Matched Trio: To support supplier selection activities, production of the Quotation Request (RFQ), Quotation analysis (QAF) review, process modelling and verification.
• Cost Engineering Support - Undertake cost (PACN) studies and Value for Money (VFM) review, material and economic claims. Supplier QAF analysis. Assist and advise Product Engineering on cost impact of design alternatives.
• Value Analysis and Value Engineering (VAVE) - Providing expert technical and cost direction to Advanced Product Creation (APC), including competitor benchmarking, cost down workshops, tear down activities, cost target setting, cost gap closure.

WHAT YOU’LL NEED

In order to be considered for this position it is advantageous to hold a formal qualification such as Degree within Engineering or any other relevant subjects.

The successful candidate needs to have knowledge of any commodities of a vehicle (Body, Powertrain, Chassis, Electrification, Electronic, EDS): key cost drivers, raw materials, manufacturing processes; business and financial acumen, strong cost estimating skills preferably on at least one commodity; strength of character and a determination to champion cost saving opportunities and drive cost gap closure and strong computer literacy mainly MS Excel, expect to demonstrate a degree of adaptability to company/department-specific systems.

Essential

• Effective communication, presentation and negotiation skills, to internal and external stakeholders.
• Integrity as a team player and JLR ambassador.
• Specialised manufacturing and/or design knowledge in any of the following areas would be an advantage:  injection moulding, interior & exterior trim, stampings, thermal management systems (coolant and/or refrigerant loops), lighting, glass and more.

SO WHY US?

Bring all this to the home of premium innovation, and you’ll find the opportunities to further your career with a world-class team, a discounted car purchase and lease scheme for you and your family, membership of a competitive pension plan and performance related bonus scheme. All this and more makes Jaguar Land Rover the perfect place to continue your journey.

This role may offer the opportunity for hybrid working where you can split your time between working from home and in the office. At Jaguar Land Rover, hybrid working is a voluntary, non-contractual arrangement providing employees with more choice and flexibility around how, when and where they work, if suitable for their role. Further details can be discussed with the Hiring Manager at interview stage. 

Please be aware that we may close this vacancy for applications before the stated deadline if we receive a high volume of interest. We strongly advise you to submit your application as early as possible.

Jaguar Land Rover is committed to equal opportunity for all.