Hybrid Procurement Product Cost Manager

at Rolls-Royce

• Job title: Procurement Product Cost Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Derby, United Kingdom

About the role

• Procurement Product Cost Manager at Rolls-Royce driving cost reduction projects and managing financial forecasting. Collaborating with internal teams to deliver strategic cost mitigation.

Responsibilities

• Manage the cost forecast of an extensive portfolio of cost reduction and cost mitigation projects and ensure accuracy and credibility of the in-year and long-term product cost forecast.
• Lead and support the regular product cost governance with internal stakeholders and provide a clear communication of status including arising opportunities and risks to allow their proactive management to deliver the best outcome for the business.
• Work with the Category to generate, develop and execute cost reduction projects and cost mitigation projects.
• You will be required to work creatively and proactively champion a wide range of cost opportunities using market intelligence, data analytics and digital tools.
• You will also be expected to build an understanding of the Category critical cost drivers (including contractual escalation, contract renewal, directed buy, …) and the Category strategy.
• Manage and task Procurement Cost leads reporting you and support their development.
• Champion a Cost-conscious culture.

Requirements

• A degree (BA level) and/or CIPS qualifications.
• Experience of data analysis, willingness to provide hypothesis and identify and articulate financial opportunities.
• Good business acumen and desire to develop deep understanding of commercial and financial principles.
• Good interpersonal, and people management skills and ability and desire to engage with a wide range of stakeholders at various levels, functions, and areas of the business.
• Ability to influence and challenge in a positive manner.
• Can work at pace with a level of pragmatism and tenacity.
• Transformational mindset, willing to look at alternative approaches and different ways of working, which may challenge the norms and context of today.
• A passion for driving change and making a measurable difference.

Benefits

• excellent development
• competitive salary
• exceptional benefits
• bonus
• employee support assistance
• employee discounts
• hybrid working