Cost Analyst

We are seeking a highly analytical and driven Cost Analyst to join our Programme team at Astonmartinf1. In this role, you will analyse, forecast, and manage costs associated with engineering projects and activities, ensuring maximum cost efficiency without compromising quality or performance.

Key Responsibilities

• Collaborate with the Engineering department on all costing activities.
• Conduct detailed cost analysis of engineering projects, identifying key cost drivers and opportunities for cost reduction.
• Develop and manage project budgets, aligning with wider financial objectives.
• Produce and maintain cost forecasts, providing accurate and timely information to support decision-making.
• Work with engineering teams to identify and implement process improvements and cost-saving initiatives.
• Provide cost engineering support for new product development from concept through to implementation.
• Ensure integrated cost management by working cross-functionally with procurement, finance, engineering, and manufacturing teams.
• Generate regular cost reports, presenting insights and recommendations to management.
• Identify cost-related risks and develop mitigation strategies to maintain financial control.
• Manage and monitor KPI matrices for cost targets, challenging stakeholders to meet budget and reduction commitments.
• Participate in meetings as required.
• Work professionally and proactively in line with company processes and reporting structures.
• Support additional duties aligned with the role as reasonably required.

Skills, Knowledge & Expertise

• Experience in Formula One, high-level motorsport, or a similar high-performance engineering environment is desirable.
• Strong understanding of cost engineering processes and tools.
• Good working knowledge of engineering principles, processes, and methodologies, with the ability to translate technical information into meaningful financial insight.
• Excellent analytical skills and attention to detail, with the ability to identify trends and forecast costs.
• Ability to interpret engineering drawings and translate them into financial data.
• Strong time management and organisational skills, with the ability to manage multiple priorities.
• Proactive, hands-on approach with high professional standards and accuracy.
• Strong communication skills, with the ability to present complex information clearly to stakeholders.
• Advanced proficiency in Microsoft Excel and Power BI.
• Experience with ERP systems is advantageous.

Benefits

• Competitive package including a discretionary bonus scheme, private healthcare, pension plan, life assurance, TEDSgroup childcare benefits, cycle-to-work scheme, tech scheme, and car scheme.
• Access to state-of-the-art facilities at the AMR Technology Campus, featuring a new on-site gym, bistro café, and restaurant.