Cost Engineer/Analyst

Job Title: Cost Engineer/Analyst

Location: Glasgow, Bristol, Portsmouth, Frimley; We offer a range of hybrid and flexible working arrangements - please speak to your recruiter about the options for this particular role.

Salary: £50,000 - £55,000 depending on skills and experience

What you’ll be doing:

Undertaking cost evaluation activities, understanding and evaluating the impact of external market changes, preparing and agreeing costed commercial proposals

Delivering cost savings opportunities through life as a result of innovative thinking, LEAN tools application, practical problem solving and stakeholder engagement (internally and within the supply chain)

Ensuring a co-ordinated approach to cost management by working alongside other functions, including engineering, manufacturing, programme management and estimating to understand customer need, challenge requirements, identifying and managing risk and opportunity

Facilitating functionally to identify and influence key cost drivers, through the lifecycle from design to disposal, seeking solutions that drive additional value and increase our market competitiveness on current and future programmes

Being responsible for development and delivery of cost savings plans

Working collaboratively at an enterprise level within BAE Systems to share best practices and identify innovative solutions to achieve Optimised Total Cost across the programme lifecycle

Your skills and experiences:

Essential

Cost Management skills including Value Engineering and Should Cost Modelling

Strong understanding of commercial contracts

Strong financial analysis skills

Experience of change management and continuous improvement tools and techniques

Desirable

Professional Qualification in Supply Chain /Cost Management

Understanding of Value Stream Mapping / LEAN tools

Understanding of Project Management principles

Demonstrable experience in a Commercially Competitive Commercial or Engineering Organisation

Benefits:

You’ll receive benefits including a competitive pension scheme, enhanced annual leave allowance and a Company contributed Share Incentive Plan. You’ll also have access to additional benefits such as flexible working, an employee assistance programme, Cycle2work and employee discounts – you may also be eligible for an annual incentive.

The Cost Management team:

The Cost Management team is a new team set up to develop and deliver cost management strategies across the Supply Chain. The team provides a great opportunity to be involved at the start of something new, shaping and influencing our approach to cost management for the business moving forward.

Why BAE Systems?

This is a place where you’ll be able to make a real difference. You’ll be part of an inclusive culture that values diversity, rewards integrity, and merit, and where you’ll be empowered to fulfil your potential. We welcome candidates from all backgrounds and particularly from sections of the community who are currently underrepresented within our industry, including women, ethnic minorities, people with disabilities and LGBTQ+ individuals. We also want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.

Please be aware that many roles working for BAE Systems will be subject to both security and export control restrictions. These restrictions mean that factors including your nationality, any previous nationalities you have held, and your place of birth may limit those roles you can perform for the organisation.