Cost Engineering & Analysis Manager

Key Responsibilities

• Leading and developing the Cost Engineering team, ensuring best practices and high performance.
• Working closely with Engineering, embedding cost strategy into technical decision making.
• Owning and evolving cost engineering processes, governance frameworks and cost-reduction roadmaps.
• Overseeing cost forecasting and financial analysis to support executive decision making.
• Leading value engineering and optimisation initiatives influencing design, sourcing and manufacturing strategies.
• Supporting new product development programmes from concept through to production to ensure cost targets are achieved.
• Driving cross-functional collaboration across Engineering, Procurement, Finance, Manufacturing and Operations.
• Providing clear executive-level reporting, translating complex financial data into meaningful insights and recommendations.
• Managing cost-related risks and opportunities across engineering programmes.
• Shaping ERP and cost data systems improvements to enhance reporting and transparency.
• Tracking and challenging departments against cost targets and KPI performance.

Skills, Knowledge and Expertise

• Proven cost engineering experience within Formula One, high-level motorsport, or similar high-performance engineering environments.
• Strong people leadership and team development experience.
• Deep knowledge of cost engineering tools, forecasting and financial analysis.
• Understanding of engineering processes, drawings and manufacturing methods.
• Advanced analytical and forecasting skills with exceptional attention to detail.
• Ability to translate complex technical information into clear financial insight.
• Advanced Microsoft Excel and Power BI skills.
• Experience with ERP systems is advantageous.
• Strong communication skills with the ability to present to senior stakeholders and executive leadership.
• Resilience and the ability to deliver results under pressure in a fast-moving environment.