Cost engineer Work, Jobs in Banbury, Oxf (with Salaries)

Cost Engineer
Cadillac Formula 1® Team —Silverstone
- Continuous improvement
- Manufacturing
- Annual leave
Quick apply
Structural Analyst
Prodrive —Banbury
- Engineering
- Continuous improvement
- Manufacturing
- Employee discount
11d
Staff Vehicle Attributes Engineer
Zoox —Banbury
- £100,000 - £140,000 a year
- Full-time
- Engineering
- Master's degree
- Bachelor's degree
- Relocation assistance
- Annual leave
Quick apply
Production Engineer
Lisi Aerospace —Rugby
- From £39,180.29 a year
- Full-time
- AutoCAD
- CAD
- Engineering
Quick apply
10d
Controls Principal Engineer
KION Group AG —Banbury
- Full-time
- Engineering
- Continuous improvement
- Electrical Engineering
Mechanical Engineer
Vinci Facilities UK —Buckingham
- Full-time
- In-person
- Communication skills
Quick apply
3d
Composite Design Engineer
Prodrive —Banbury
- Engineering
- Continuous improvement
- Employee discount
11d
Project Engineer - Seating
Select Engineering —Coventry
- Call to connect
- Microsoft Powerpoint
- Microsoft Word
- Microsoft Excel
Mechanical Design Engineer
Prodrive —Banbury
- Engineering
- Continuous improvement
- Employee discount
11d
Design and Production Engineer
Red Arch Manufacturing Ltd —Daventry
- Up to £38,000 a year
- Full-time
- Writing skills
- ERP systems
- Continuous improvement
- Free parking
- Health & wellbeing programme
Quick apply
12h
Project Engineer, Powertrain
Singer Vehicle Design —Daventry
- Full-time
- Leadership
- Communication skills
- Free parking
Quick apply
11d
Systems Design Engineer
Prodrive —Banbury
- Engineering
- Continuous improvement
- Manufacturing
- Employee discount
11d
Optical Systems Engineer
Archangel Lightworks —Oxford
- Full-time
- Laboratory experience
- Analysis skills
- Leadership
- Annual leave
- Work from home
Quick apply
Technical Project Lead / Project Engineer - Civil Design & Infrastructure
Cluttons —Oxford
- Hybrid work
- Civil engineering
- Continuous improvement
- Mentoring
- Employee assistance programme
- Employee discount
Quick apply
Process Engineer - Consumables
Refeyn Ltd —Oxford
- £43,000 - £54,000 a year
- Engineering
- Analysis skills
- Continuous improvement
- Annual leave
- Life insurance
Quick apply
12d
Surface Designer
Prodrive —Banbury
- Engineering
- Continuous improvement
- Employee discount
11d
Senior Composite Design Engineer
Prodrive —Banbury
- Engineering
- Continuous improvement
- Employee discount
11d
Epitaxy Process Shift Engineer
Lumentum —Towcester
- Full-time
- Computer literacy
- Engineering
- Data analysis skills
Manufacturing Engineer
Wabtec —Northampton
- Full-time
- Engineering
- Continuous improvement
- Manufacturing
Quick apply
Senior Mechanical Design Engineer
Prodrive —Banbury
- Engineering
- Continuous improvement
- Employee discount

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Cost Engineer

Cadillac Formula 1® Team
Silverstone

Quick apply

Job details

Benefits

Annual leave
Company pension

Qualifications

Cost management
ERP software
Cost control
Financial analysis
Continuous improvement
Cost optimisation planning
Manufacturing
Project cost estimation

Full job description

Closing Date: Friday 14th August 2026

Fueled by bold ambition

A Cost Engineer at Cadillac Formula 1® team plays an important role within the Programme Office, providing financial insight to key cost drivers of components and assemblies, as well as data-driven analysis to identify cost reduction initiatives across the lifecycle of a part. Reporting to the Head of Programmes, the output of the Cost Engineers role will contribute to informed decision-making, greater cost efficiency, and strong cost predictability. Detail-oriented, with a strong understanding of engineering and manufacturing processes, that helps influence design-for-cost considerations. The greater our cost efficiency, the more performance we can add to the car.

Key responsibilities

Assist with early phase project and part cost estimation to support programme evaluation, enabling accurate cost vs performance tradeoffs, and alignment with season cost targets and Cost Cap constraints
Influence design for cost considerations by working with engineers to assess the cost impacts of materials, manufacturing methods, part complexity, tolerances, and lifecycle
Drive cost efficiency by identifying cost drivers, inefficiencies, and non-value adding activities within engineering, manufacturing, and supply chain processes
Develop and maintain detailed cost models for components, assemblies, tooling, and programmes, incorporating labour, machine time, materials, and overhead absorption

Requirements

What do we need from you?

Proven experience in cost engineering, cost control, or financial analysis within Formula 1®, motorsport or high-performance manufacturing environments
Strong understanding of engineering and manufacturing processes, including how design choices affect cost, lead time, and operational efficiency
Highly analytical with a continuous improvement mindset and strong attention to detail, suitable for audit level scrutiny
Experience using ERP / finance systems and cost tracking tools in engineering led organisations
Comfortable working with engineering drawings, BoMs, manufacturing routings, and project structures
Proactive, organised, and resilient in a fast-paced, high pressure Formula 1® environment

A team like no other.

The Cadillac Formula 1® Team challenges conventions and redefines success through bold ambition, cutting-edge innovation, and an unwavering commitment to precision and excellence—on and off the track. This includes offering industry-leading pension, generous time off and, as part of a global brand, huge potential for career development.

As an equal opportunities employer, we are committed to the equal treatment of all current and prospective employees and does not condone discrimination on the basis of age, disability, sex, sexual orientation, pregnancy or maternity, race or ethnicity, religion or belief, gender identity or marriage and civil partnership. We aspire to have a diverse and inclusive workplace and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply.

At The Cadillac Formula 1® Team, all Team Members are expected to actively support and uphold our policies and procedures, including those focused on Environmental responsibility, Sustainability initiatives, Inclusion and Health and Safety practices.

Please note that additional security checks may be required as part of the recruitment process. This may include a background check covering a minimum of the past five years and a criminal record check.

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Refine Your Search

cost engineer jobs in banbury, oxf

Cost Engineer

Structural Analyst

Staff Vehicle Attributes Engineer

Production Engineer

Controls Principal Engineer

Mechanical Engineer

Composite Design Engineer

Project Engineer - Seating

Mechanical Design Engineer

Design and Production Engineer

Project Engineer, Powertrain

Systems Design Engineer

Optical Systems Engineer

Technical Project Lead / Project Engineer - Civil Design & Infrastructure

Process Engineer - Consumables

Surface Designer

Senior Composite Design Engineer

Epitaxy Process Shift Engineer

Manufacturing Engineer

Senior Mechanical Design Engineer

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