Cost engineer Work, Jobs in Milton Keynes, Bkm (with Salaries)

Cost Engineer
Cadillac Formula 1® Team —Silverstone
- ERP systems
- Annual leave
Quick apply
Mechanical Design Engineer (Test)
Red Bull Technology Group —Milton Keynes
- Full-time
- Engineering
7d
Design Engineer (Mechanical)
Ktwo Machinery Ltd —Aylesbury
- £27,000 - £40,000 a year
- Full-time
- CAD
- Engineering
- Driving
- Free parking
Quick apply
10d
BE Eng'g / Specialist
Ball Corporation —Kettering
- £40,500 - £67,500 a year
- English
- Microsoft Office
- Communication skills
Quick apply
1d
(DtP) Pavement Engineer
National Highways —Bedford
- £39,340 - £44,970 a year
- Construction
9d
Staff Process Development Engineer
Lumentum —Towcester
- Full-time
- Microsoft Office
- Analysis skills
- Communication skills
Process Engineer
Barry Callebaut —Banbury
- Engineering
- Laboratory experience
- English
Manufacturing Process Engineer
Ionetic —Brackley
- From £500,000 a year
- Full-time
- Engineering
- Microsoft Office
- Assembly
Quick apply
Project Engineer
Anglian Water Services Ltd —Northampton
- £45,000 - £50,000 a year
- Full-time
- Communication skills
- Annual leave
Senior Asset Engineer - Carriageways and Footways
Buckinghamshire Council —Aylesbury
- Full-time
- Hybrid work
- Analysis skills
- No degree
- Communication skills
- Employee assistance programme
- Employee discount
7d
Mechanical Services Design Engineer
Briggs & Forrester —Northampton
- Full-time
- Time management
- Life insurance
Manufacturing Engineer
Cosworth —Northampton
- £42,000 - £48,000 a year
- Bachelor's degree
Senior Test Design Engineer
Red Bull Technology Group —Milton Keynes
- Full-time
- Engineering
- Assembly
- Leadership
14d
Sr. EU Site Process Engineer, EUCF Process Engineering
Amazon UK Services Ltd. —Kettering
- Full-time
- English
- Project management
- Bachelor's degree
Field Engineer
British Pipeline Agency (BPA) —Hemel Hempstead
- £42,000 - £47,000 a year
- Engineering
- Construction
- Communication skills
- Life insurance
Mechanical Engineer - Product Design
Safran —Pitstone
- Full-time
- Engineering
- Microsoft Office
- Analysis skills
Mechanical Development Engineer
discoverIE Group plc —Towcester
- Full-time
- CAD
- Computer literacy
- Engineering
- Life insurance
Process Engineer
710 Crane Ltd. —Hitchin
- Full-time
- Continuous improvement
- Communication skills
- Time management
Senior Controls Design Engineer
Dematic Ltd. —Banbury
- Full-time
- Engineering
- Master's degree
- Programmable logic controllers
Project Engineer
Prodrive —Banbury
- CAD
- Engineering
- Welding
- Employee discount

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Cost Engineer

Cadillac Formula 1® Team
Silverstone

Quick apply

Job details

Benefits

Annual leave
Company pension

Qualifications

ERP systems
Cost control
Financial analysis

Full job description

Closing Date: Friday 12th June 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.

Quick apply

Refine Your Search

cost engineer jobs in milton keynes, bkm

Cost Engineer

Mechanical Design Engineer (Test)

Design Engineer (Mechanical)

BE Eng'g / Specialist

(DtP) Pavement Engineer

Staff Process Development Engineer

Process Engineer

Manufacturing Process Engineer

Project Engineer

Senior Asset Engineer - Carriageways and Footways

Mechanical Services Design Engineer

Manufacturing Engineer

Senior Test Design Engineer

Sr. EU Site Process Engineer, EUCF Process Engineering

Field Engineer

Mechanical Engineer - Product Design

Mechanical Development Engineer

Process Engineer

Senior Controls Design Engineer

Project Engineer

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