Product Cost Engineer

Overview

Ceres Power is a global leader in solid oxide technology, driving the clean energy revolution. Our steel-supported fuel cell and electrolyser technology gives partners a decade of development advantage—accelerating innovation in power generation, green hydrogen, and distributed power solutions for data centre's. Trusted by some of the world’s most progressive companies, our proven designs deliver efficient, low-cost solutions backed by over 5 million test hours.

At Ceres, innovation is in our DNA. Join us and be part of a world-class team making a positive impact on the planet.

As a Product Cost Engineer at Ceres, you will play a pivotal role in shaping the economics behind our next‑generation clean energy products by building and owning detailed cost and scale models that directly inform engineering choices, manufacturing strategy and commercial propositions. This role is ideal for someone who loves blending analytical rigour with real‑world engineering insight and enjoys being at the heart of product and business decisions, translating complex technical, operational and commercial inputs into clear, trusted economic models that guide senior decision makers and influence product strategy from concept through scale‑up.

• Develop, refine and maintain robust Excel‑based cost models spanning components, assemblies, full products, factory scales and geographies, quantifying the impact of design changes, process choices, technology selections and supplier options while ensuring models remain structured, transparent and auditable for senior stakeholders.
• Work closely with Product Management and Product Development to embed cost and scale economics into product roadmaps and partner with engineers to interrogate process steps, yields, cycle times and manufacturing constraints.
• Assess supplier capabilities, manufacturing routes and scale‑up pathways, support the identification and development of new supply chain partners and emerging manufacturing processes, and analyse localisation options, capital investment requirements and cost structures across multiple scales.
• Provide cost foundations and scenario analyses for customer proposals, pricing, business cases and negotiations, support Business Development with application‑specific economics and ensure Marketing and external messaging reflect accurate, defensible economic insights.
• Operate cross‑functionally, bringing clarity and objectivity to discussions where priorities differ, and communicate complex modelling outputs in a concise and actionable way to help teams align on data‑driven decisions.

• Exceptional Excel modelling skills (complex formulae, structured logic, scenario modelling)
• Solid understanding of manufacturing processes, engineering cost drivers and scale economics
• Ability to extract and translate technical detail into accurate financial and operational models
• Confident working across engineering, commercial and finance teams
• Comfortable challenging assumptions constructively and professionally
• Excellent verbal and written communication being able to make complex analysis simple and digestible
• Rigorous, structured and detail‑oriented
• Naturally curious about manufacturing and willing to learn from first principles
• Proactive, independent and takes strong ownership of outcomes