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Rolls-Royce • Derby | United Kingdom

Services Cost Officer - Delivery

Employment type:  Full time
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Job Description

Job Description

Service Cost Officer - Delivery

Full time

Derby

We have an exciting opportunity an enthusiastic, self-motivated leader to join the Trent XWB team as a Services Cost Officer – Delivery.

With over 700 aircraft in service and a growing orderbook of aircraft, the Trent XWB Value Stream covers the full breadth of activity of those engines in service and provides a unique opportunity to develop business breadth across the lifecycle of an engine.

Reporting to the Cost Managers you will work on defining a robust cost strategy roadmap and policies, baseline cost assumptions for both existing and future business as well as evaluating the business impact of cost reduction proposals. These underpin the profitability of Trent XWB so they have a direct impact on our business performance.

What you will be doing:

The aim of the Life Cycle Cost Officer role is to support the optimisation of the cost of operation of an engine throughout its life cycle. The majority of operators on the Trent XWB programmes will be under Total Care service agreements (the target is >90%). It is therefore essential that the cost base is managed to ensure that the cost of these service agreements is minimised throughout the term of the contracts, whilst maintaining Product Safety, Reliability & Customer Satisfaction.

The key accountabilities for this role are to support the Aftermarket Cost Manager within the NPI programmes to deliver the following:

  • Engineering and Service Experience.
  • Highly analytical and able to interpret data and complete data modelling using MS Excels and Power Bi.
  • Understand key accounting principles such as revenue, cash and profits.
  • Strong Analytical, interpersonal, presentation, negotiation and project management skills.
  • Generation of cost base for financial reporting - Time on wing, Shop Cost and Services cost.
  • LCC reduction identification and achievement.
  • CORB (Cost of Ownership Review Board) leadership and approval.
  • Ownership of EMP (Engine Management Programme) & Mod. Embodiment Policy.
  • Ownership of Fit New vs. Repair Policy & Repair Development Plan.
  • Product Change Management (Product Change Board, Product Team Meeting, Project Zero).

Preferred requirements:

  • Engineering background preferably within Aerospace Industry.
  • Educated to degree level or equivalent in an Engineering, numerate or business discipline.
  • Innovative thinking and a drive to solve problems and take accountability.
  • Financial management, commercial acumen and decision-making skills, comfortable dealing with ambiguity.
  • Highly analytical and able to interpret data and complete data modelling using Microsoft Excel.
  • Able to communicate effectively and work collaboratively across diverse and global teams.
  • Proven track record in delivering results in challenging environments and clear capability of influencing across diverse functions.

Why 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.

Regional Benefits:

  • Generous Annual Leave.
  • Retirement Savings through the Rolls-Royce Retirement Savings Trust.
  • Group Life Assurance provides for a lump sum benefit if you die whilst employed by Rolls-Royce & Group Income Protection provides an income in the event that you are unable to work due to illness or injury.
  • Your Shares: Matched is a simple way to own Rolls-Royce shares and invest in our future, together. Buy one share, get one free!
  • Employee Assistance (EAP) and Live Well programmes.

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.

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

Services Fleet/Contract Management

Posting Date

05 Aug 2026; 00:08

Posting End Date

23 Aug 2026

Apply

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Working at Rolls-Royce

3 office days / week

Fully flexible hours

Company benefits

Open to compressed hours
Open to job sharing
Open to part-time employees
25 days annual leave + bank holidays
Health insurance
Open to part time work for some roles
Bike parking
Private booths
Modern office
Collaboration spaces
Ergonomic workstations
On-site barista
On-site catering
Neonatal leave
Family health insurance
Enhanced maternity leave
Adoption leave
Childcare credits
Shared parental leave
Carer’s leave
Mentoring
Coaching
In house training
Lunch and learns
L&D budget
Studying sabbaticals
Further education support
Enhanced maternity leave
Annual bonus
Enhanced pension match/contribution
Share options
Employee discounts
Cycle to work scheme
Electric Car Salary Sacrifice
401K
Cinema discounts
Theme park discounts
Referral bonus
Faith rooms
Flex spring

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