Cost Engineer
Location Manchester, England, United Kingdom Date posted June 18, 2025 Job ID 19649- Monitor and report on product portfolio profit margins.
- Collect and analyse financial and production data to understand product profitability.
- Understand and review detailed product cost structures.
- Identify cost anomalies and investigate variances monthly.
- Track historical and target costs for all products.
- Prepare regular and strategic reports to align teams.
- Maintain dashboards and collaborate with business teams.
- Manage cost targets for all products and lead investigations when costs exceed set limits.
- Drive teamwork to find and implement cost-saving ideas.
- Analyse causes of cost changes due to operations or materials.
- Oversee corrective actions and ensure issues are resolved.
- Audit data processes to ensure accuracy.
- Work with Product Management on costing for new products.
- Lead the development of cost and value engineering best practices to improve processes continuously.
- 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
- Competitive salary
- 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
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