Job Description
Vice President – Cost (Roles across Trent 1000, Trent 7000 and Trent Fleet)
Derby (Hybrid - min 3 days on site)
Full Time
Why join Rolls-Royce ?
At Rolls-Royce we are proud to be a business that has truly helped to shape the modern world and are committed to always being a force for progress; powering, protecting and connecting people everywhere.
By joining Rolls-Royce, you'll have the opportunity to work on world-class solutions, supported by a culture that believes individuality is our greatest strength, and all perspectives, experiences and backgrounds help us innovate and enable our high-performance culture.
Exciting opportunities have arisen for a Vice President – Cost to join the Team at Rolls Royce . We have 2 opportunities across Trent 1000, Trent 7000 and Trent Fleet .
The Vice President – Cost is responsible for end-to-end cost optimisation across the engine lifecycle within the value stream model.
The role leads the development and execution of cost strategies covering product unit cost, shop visit cost and lifecycle cost performance across both original equipment and the aftermarket.
Working in partnership with the Product and Shop Visit cost teams and delivery organisations across engineering, operations and supply chain, the VP Cost drives continuous improvement initiatives that optimise cost performance while maintaining product reliability, safety and customer value.
This role plays a critical leadership position in ensuring the long-term economic competitiveness of the engine platform.
What you will be doing:
The Vice President – Cost will be accountable for:
Cost Strategy and Lifecycle Optimisation
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Own all cost elements across the value stream framework.
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Develop and deliver a sustainable lifecycle cost strategy covering OE and aftermarket.
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Optimise cost performance across:
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Unit product cost
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Shop visit cost
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Non-shop visit cost
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Identify and implement cost improvement initiatives across the engine lifecycle.
Financial and Contract Alignment
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Ensure cost performance aligns with contract review pack processes and five-year business planning cycles.
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Translate operational cost drivers into clear financial insights and improvement initiatives.
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Provide cost transparency and data to support strategic decision-making.
Cross-Functional Cost Leadership
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Work closely with the central cost team and with engineering, manufacturing, supply chain and finance to drive cost optimisation.
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Partner with delivery organisations to execute cost improvement programmes.
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Ensure cost discipline is embedded across the value stream.
Strategic Impact
Short-term
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Deliver improvements in cost performance across programmes.
Long-term
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Define and execute an optimised lifecycle cost strategy that strengthens the profitability of the engine platform.
Preferred requirements :
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Strong experience in cost management within complex industrial or aerospace environments.
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Track record of delivering cost optimisation in high-value engineering organisations.
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Experience working across engineering, manufacturing, supply chain and finance functions.
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Understanding of engine lifecycle economics and aftermarket services is advantageous.
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Aerospace or complex industrial markets would be useful.
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Lifecycle service models and aftermarket economics.
Capabilities
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Strategic thinking.
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Analytical problem solving.
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Communication and stakeholder engagement.
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Resilience and adaptability.
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Commercial and financial acumen.
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Relationship building .
What we offer:
We offer excellent development opportunities, a competitive salary, and exceptional benefits. These include bonus, employee support assistance and employee discounts.
Our vision is to ensure that the excellence and ingenuity that shaped our history continues into our future. Our multi-year transformation programme aims to turn Rolls-Royce into a high-performing, competitive, resilient and growing company. Join us, and it can be your future vision too.
Rolls-Royce are committed to being a respectful, inclusive, and non-discriminatory workplace where individuality is valued, diverse perspectives fuel innovation, and everyone can thrive.
Closing date: 2 7 th March 2026
As part of our selection process, candidates in certain locations may be asked to complete an online assessment, which can include cognitive and behavioural aptitude testing relevant to the role. If required, full instructions for the next steps will be provided.
Job Category
Service Management
