Vice President – Product Cost

Job Overview

Vice President – Product Cost virtually leads key strategic theme in Civil Aerospace, accountable for multi‑billion‑pound product cost programme and driving transformation to a high performing, competitive, resilient business.

Key Responsibilities

• Lead a cross‑functional programme to define and exceed industry benchmark on cost out.
• Define product cost operating model and governance structure to maximise ROI and support flawless execution.
• Strategic leadership of civil aerospace product cost programme: understand engine specific targets, aggregate requirements and lead cross‑functional operational and engineering teams.
• Develop granular vision, strategy and robust product cost reduction pipeline.
• Create robust internal and external benchmarking to maintain best‑in‑class performance.
• Improve operating model and provide governance to deliver commitments on time, proactively managing risks and opportunities across manufacturing operations and procurement.

Qualifications

• Degree level with significant breadth and depth in operations or engineering businesses.
• Exceptional stakeholder management and communication at all organisational levels.
• Strategic leadership and/or change management experience in a complex engineering industry delivering transformational performance improvements.
• Proven track record of leading large, cross‑functional teams on complex programmes that drive business profit and/or cash.
• Ability to manage ambiguous information, navigate complex problems and translate information into simple, efficient messaging.
• Experience in sourcing strategy, technology development, introduction and/or lean manufacturing is preferential.

Benefits

Generous annual leave, retirement savings through the Rolls‑Royce Retirement Savings Trust, group life assurance, income protection, matched shares (Buy one share, get one free) and a culture that values individuality and diversity.

EEO Statement

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: 5th June 2026.

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