Cost and Value Engineer
Location Manchester, England, United Kingdom Date posted August 28, 2025 Job ID 20188Our Opening and Your Responsibilities
We are seeking a motivated and skilled Cost and Value Engineer to join METTLER TOLEDO Safeline, our Metal Detection Strategic Business Unit based in Manchester.
In this role, you will lead cost analysis and improvement projects to enhance product profitability. You'll analyse financial and production data, monitor product costs, identify cost variances, and drive cost-saving initiatives across teams. You will also collaborate on new product cost estimations and lead continuous improvement in cost engineering processes.
This role is perfect for someone who enjoys detailed analysis, teamwork, and leading improvements to maximise profitability.
What You'll Do:
- Maintain accurate and consistent cost and margin reporting.
- Create unified reporting for Finance, Procurement, Engineering, and Operations to base decisions on consistent data.
- Drive real-time variance analysis and enable preventive actions to reduce risks.
- Highlight and escalate cost variances, risks, and margin erosion early with clear evidence.
- Support cross-functional alignment on validated cost insights.
- Analyse Bills of Materials, routings, and labour flows to identify cost drivers and improvement opportunities.
- Provide Procurement with cost benchmarks and analysis to aid negotiations.
- Evaluate alternatives in design, process, or materials for efficiency and savings.
- Support New Product Introduction with cost-to-target analysis and risk highlighting.
- Track improvement projects and measure their sustained cost impact.
- Embed cost awareness and accountability across all functions.
- Support implementation of standardised cost control processes and dashboards.
- Provide analysis for management reviews to highlight risks, opportunities, and actions.
What You Need to Succeed
- Proven experience as a Cost Engineer, Cost Analyst, Cost Specialist or similar role
- Experience in data, operational and financial analysis
- Experience within a manufacturing, engineering, or technical organisation
- Experience working within a Standard Cost environment and showing an understanding of Manufacturing Variance
- Strong analytical skills
- Extensive knowledge and experience of SAP
- Excellent working knowledge and skill within MS Excel application
- Ideally qualified to degree level
Our Offer to You
- Annual bonus scheme
- Hybrid working
- Early finish on Fridays
- 26 days holiday plus public holidays
- Enhanced maternity and paternity leave
- Holiday accrual scheme (earn up to 8 extra days holiday per year)
- 4x salary life assurance
- 24/7 access to free and confidential Employee Assistance Programme to support mental health and wellbeing
- Company social events
- Opportunities for training and development
About Mettler Toledo
METTLER TOLEDO is a global leader in precision instruments and services. We are renowned for innovation and quality across laboratory, process analytics, industrial, product inspection, and retailing applications. Our sales and service network is one of the most extensive in the industry. Our products are sold in more than 140 countries, and we have a direct presence in approximately 40 countries. For more information, please visit www.mt.com.
Equal Opportunity Employment
We promote equal opportunity worldwide and value diversity in our global workforce, which reflects the diversity in the many countries in which we operate internationally. Our commitment to Equal Opportunity and Diversity begins with our recruitment and selection process. We will ensure that individuals with disabilities are provided reasonable adjustments to participate in the job application or interview process. If you consider yourself to have a disability or learning difficulty which means you are unable to complete the application process online, please get in touch by email to ukrecruitment@mt.com so that we can make alternative arrangements for you. For more information on our commitment to Sustainability, Diversity and Equal Opportunity please visit us here.
Get to Know METTLER TOLEDO
Take a look at a “day in the life” of a METTLER TOLEDO employee. No matter where you work in this company, the team atmosphere comes through. METTLER TOLEDO may be precisely where you belong.
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- Product Manager Manchester, United Kingdom 10/21/2025
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We are an equal opportunity employer and value diversity at our company. We give consideration for employment without regard to race, color, religion, sex, age, national origin, disability, sexual orientation, gender identity, genetic information, protected veteran status, or any other protected classification. Learn your EEO rights as an applicant under the law.
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