Cost Engineer

🔒 Confidential Employer
Posted 23 April 2026
LOCATION
Solihull
TYPE
Full-time
LEVEL
Mid-Senior level
CATEGORY
Manufacturing
This employer holds a UK Home Office sponsor license — sponsorship for this specific role is at the employer’s discretion

SKILLS

Cost Engineering Product Costing Should-costing Cost Modeling Cost Analysis Engineering Drawings BOMs Supplier Negotiations

FULL DESCRIPTION

Cost Engineer

[Employer hidden — view at passion-project.co.uk] are seeking a Cost Engineer to support the development and production of high-performance and super premium Motorcycles. This role will ensure accurate product costing, supplier cost validation, and continuous cost optimisation while maintaining the highest standards of performance, quality, and craftsmanship.

Click here to apply!

The Role

[Employer hidden] are seeking a Cost Engineer to support the development and production of high-performance and super premium Motorcycles. This role will ensure accurate product costing, supplier cost validation, and continuous cost optimisation while maintaining the highest standards of performance, quality, and craftsmanship.

Key Responsibilities

  • Develop and maintain component and vehicle cost models for premium motorcycles
  • Prepare should-cost calculations and cost estimates to validate supplier quotations for technology and build-to-print parts
  • Conduct component cost negotiations in collaboration with Buyers
  • Support new product development with target cost estimates and evaluations
  • Work closely with Program, Engineering, Purchasing, and Manufacturing teams to support business case evaluations and achieve cost targets
  • Analyse material costs, tooling investments, and assembly costs
  • Track actual vs. standard costs and recommend cost improvement actions
  • Develop cost norms to support part sourcing during prototype and early project phases
  • Set up and maintain foreign exchange (forex) and raw-material commodity indexation matrices for components procured
  • Support make-vs-buy decisions, sourcing strategies, and supplier negotiations
  • Evaluate the cost impact of engineering changes and new technologies

Required Qualifications

  • Bachelor’s degree in Mechanical, Industrial, Automotive, or Manufacturing Engineering and / or Finance equivalent degree (CIMA, ACA, ACCA Finance Qualification)
  • 7+ years of experience in cost engineering, product costing, or should-costing
  • Experience in automotive, motorcycles, motorsport, aerospace, or premium manufacturing
  • Strong knowledge of machining, casting, forging, composites (including manufacturing process knowledge) and vehicle assemblies
  • Ability to read engineering drawings and BOMs

Rewards of working for Norton:

We like to take care of our Nortoneers and we think we offer some pretty decent rewards. Here's what you'll get when you join the team:

  • Competitive salary package that recognises your skills and experience
  • 33 days holiday (inc. Bank Hols) to relax and recharge
  • Generous pension scheme that sets you up for the future, with access to personalised advice.
  • Private Medical Insurance and a Cash Back Programme to keep you feeling your best
  • Life insurance (4x salary) because we've got your back no matter what
  • FREE fruit, got to have your five-a-day!
  • WeCare Employee Assistance Programme, which includes access to online GP services, dietary advice, mental health support, bereavement counselling, and a fitness programme
  • Experience the thrill of an entrepreneurial environment within a larger, well-funded company with ambitious long-term goals.
  • Elevate your career with our Ideas for Excellence scheme, where every brilliant idea is not just valued, but also rewarded!
  • A diverse and international team that brings together different perspectives, backgrounds, and experiences.
  • Join the fun with our twice-yearly employee events, payday socials, and loads of exciting activities in between!
  • Want to go green? You can enjoy free electric bicycle hire
  • Plus, no need to stress about finding a parking spot - we've got on-site free parking covered and FREE electric charge points

We know how important it is to take care of our team, and we're committed to continually improving our reward offering in line with the business growth plan.

Join us and see for yourself!

PLEASE NOTE, WE DO NOT ACCEPT AGENCY APPLICATIONS

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