Senior Cost Engineering Analyst

We are looking for an experienced Senior Cost Engineering Analyst to join our Cost Engineering & Analysis team at our Technology Campus in Silverstone. This is an exciting opportunity for a commercially minded, analytically strong engineering professional to play a pivotal role in shaping cost strategy, influencing technical decisions and driving efficiency across our engineering and manufacturing programmes. Working closely with Engineering, Programme, Finance, Procurement and Operations teams, you will translate complex engineering requirements into meaningful financial insight, ensuring we deliver maximum value without compromising quality, innovation or performance. In this role you will act as a lead cost engineering partner for assigned programmes and technical areas, taking ownership of complex cost analysis, forecasting and budget management activities.
You will play a key role in identifying cost drivers, challenging assumptions and uncovering opportunities for optimisation, while ensuring robust financial insight is embedded throughout the engineering and programme delivery process.

Key Responsibilities

• Lead detailed cost analysis across complex engineering projects, systems and programmes, identifying opportunities to improve cost efficiency.
• Develop, manage and maintain robust engineering budgets, cost forecasts and financial models.
• Partner with Engineering and Programme teams to influence technical decisions through meaningful cost insight.
• Drive value engineering, specification optimisation and cost reduction initiatives from identification through to delivery.
• Review and challenge cost estimates, forecasts and analysis, ensuring accuracy and consistency.
• Provide technical support, mentoring and coaching to Cost Analysts.
• Develop and improve cost models, estimation methodologies and costing databases.
• Identify and communicate cost risks and opportunities, providing recommendations to key stakeholders.
• Produce and present insightful cost reports to support effective business and programme decision-making.
• Collaborate across Engineering, Manufacturing, Procurement, Finance and Operations to deliver sustainable cost management.

Skills, Knowledge and Expertise

• Proven experience in a senior cost engineering, cost analysis or similar engineering finance role.
• Experience within Formula One, high-level motorsport or another fast-paced, high-performance engineering environment.
• A strong understanding of engineering and manufacturing processes and the ability to translate technical information into meaningful financial data.
• Experience developing cost models, estimating methodologies and detailed cost forecasts.
• The ability to interpret engineering part drawings and understand their cost implications.
• Advanced Microsoft Excel and Power BI skills, with experience using ERP systems being advantageous.
• Experience mentoring, coaching or providing technical guidance to colleagues.
• Exceptional analytical skills, attention to detail and a commitment to delivering accurate, high-quality work.
• The confidence to challenge, influence and communicate effectively with stakeholders at all levels.
• A proactive, hands-on approach, with the ability to manage competing priorities and deliver results under pressure.

Benefits

Investing in your career is paramount. We promote professional and personal development through a provision of learning opportunities and work with you to shape your career and realise your full potential.

As part of our high-performing, collaborative team, you'll enjoy a competitive package, including a discretionary bonus scheme, private healthcare, pension plan, life assurance, TEDSgroup childcare benefits, a cycle-to-work scheme, tech scheme, and car scheme.

You will also have access to our state-of-the-art facilities at the AMR Technology Campus, featuring a new on-site gym with fitness, spin and yoga classes, a bistro café, and restaurant.