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Lead Cost Engineer

Job in Stratford-upon-Avon, Warwickshire, CV37, England, UK
Listing for: Aston Martin
Full Time position
Listed on 2026-07-07
Job specializations:
  • Engineering
    Manufacturing Engineer, Quality Engineering, Product Engineer
Salary/Wage Range or Industry Benchmark: 45000 - 60000 GBP Yearly GBP 45000.00 60000.00 YEAR
Job Description & How to Apply Below

Responsibilities

  • Provide target costs for all new and existing vehicle projects using a data‑driven approach.
  • Conduct competitor benchmarking studies.
  • Participate in Tear‑Down studies and costing exercises on key commodities or components.
  • Create ‘Should Costs’ for all responsible products for piece and tooling to support cost‑target setting activities.
  • Support engineering to refine designs with more cost‑effective manufacturing processes.
  • Evaluate ‘Should Cost’ against quotes to identify differences between targets and quotations.
  • Assist procurement with technical challenges when discussing quotes with vendors.
  • Maintain data accuracy during product development and revise ‘Should Cost’ in line with change and maturity.
  • Set and achieve vehicle material and investment cost targets as part of the Cost Engineering team.
  • Provide detailed ‘Should Costs’ to the wider business, influencing technical solutions and design to achieve profitable growth.
Required Skills & Experience
  • Proven experience in cost engineering.
  • Strong IT skills, especially Microsoft Office; advanced Excel skills are advantageous.
  • Background in quality engineering or manufacturing engineering.
  • Broad engineering and manufacturing knowledge, including component design.
  • Solid understanding of vehicle architecture and its systems.
  • Excellent analytical and problem‑solving skills.
  • Ability to use CAD reviewer software (Siemens Teamcenter / VIS Mockup).
  • Capability to read technical drawings.
  • Strong financial acumen.
  • Teamwork mindset and willingness to learn and apply new knowledge.
  • In‑depth manufacturing knowledge of how parts are manufactured, finished, and the process capability for each step.
Preferred Experience
  • Knowledge of TcPCM piece/tooling system and Schmale tooling system.
  • Previous cost‑engineering experience or equivalent.
  • Understanding of a cost structure (QAF – Quotation Analysis Form).
  • Technical and commercial awareness of bottom‑up costing.
  • Quality engineering experience: PPAP, TVM, or cost‑reduction engineering.
  • Product design and PPAP understanding of all elements.
Education & Qualifications
  • Formal apprenticeship in a relevant manufacturing sector (sheet metal, fabrication, machining, electronics, etc.).
  • City & Guilds, GNVQ, or HNC (or equivalent).
  • Engineering degree BSc/MSc or BEng/MEng (preferred).
  • Exceptional numerical, analytical, and logical skills.
  • Good written and verbal communication skills.
About the Team

The Cost Engineering team is responsible for setting and achieving vehicle material and investment cost targets, providing detailed ‘should costs’ to influence technical solutions and design for profitable growth.

Company Culture

At Aston Martin, we believe that the stunning beauty, craftsmanship, and artistry that define our brand come from the diverse voices and talents of our extraordinary team. We are committed to fostering a culture where everyone feels valued, respected, and empowered to thrive. If you require any accommodations or support during the application process, please don't hesitate to reach out. We celebrate the richness of diversity and actively seek individuals who bring something new to the table.

Compliance

The post holder will be required to comply with all policies and procedures issued by and on behalf of Aston Martin Lagonda Ltd.

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