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

Cost Engineer
Cadillac Formula 1® Team —Silverstone
- ERP systems
- Annual leave
Quick apply
Project Engineer [Telecoms]
Network Rail —Milton Keynes
- £43,588 - £51,719 a year
- Full-time
- Hybrid work
- Management
- Engineering
- Travel
- Annual leave
- Employee discount
4d
Engineer - Motorsport Design
Fortescue —Kidlington
- Childcare
- CAD
- Travel
- Employee assistance programme
Process Engineer
Barry Callebaut —Banbury
- Engineering
- Laboratory experience
- English
Design Engineer (Mechanical)
Ktwo Machinery Ltd —Aylesbury
- £27,000 - £40,000 a year
- Full-time
- CAD
- Engineering
- Driving
- Free parking
Quick apply
8d
Manufacturing Process Engineer
Ionetic —Brackley
- From £500,000 a year
- Full-time
- Engineering
- Microsoft Office
- Assembly
Quick apply
Senior Mechanical Design Engineer
Prodrive —Banbury
- CAD
- Engineering
- Welding
- Employee discount
Epitaxy Process Shift Engineer
Lumentum —Towcester
- Full-time
- Engineering
- Laboratory experience
- Microsoft Office
Project Engineer - Body Electronics
Aumovio —Gaydon
- Full-time
Quick apply
Senior Asset Engineer - Carriageways and Footways
Buckinghamshire Council —Aylesbury
- Full-time
- Hybrid work
- Analysis skills
- No degree
- Communication skills
- Employee assistance programme
- Employee discount
5d
Senior Controls Design Engineer
Dematic Ltd. —Banbury
- Full-time
- Engineering
- Master's degree
- Programmable logic controllers
Mechanical Design Engineer (Test)
Red Bull Technology Group —Milton Keynes
- Full-time
- Engineering
5d
Staff Process Development Engineer
Lumentum —Towcester
- Full-time
- Microsoft Office
- Analysis skills
- Communication skills
Manufacturing Engineer
Cosworth —Northampton
- £42,000 - £48,000 a year
- Bachelor's degree
Senior Materials & Process Engineer
Safran —Banbury
- Full-time
- Engineering
- Annual leave
Senior Engineer - Motorsport and Advanced Engineering
Fortescue —Kidlington
- Childcare
- Travel
- Leadership
- Employee assistance programme
Principal/Senior Mechanical Engineer
Ionetic —Brackley
- Full-time
- Computer literacy
- Engineering
- Bachelor's degree
Quick apply
Control Design Engineer
Dematic Ltd. —Banbury
- Full-time
- Engineering
- Master's degree
- Programmable logic controllers
Project Engineer
Prodrive —Banbury
- CAD
- Engineering
- Welding
- Employee discount
Mechanical Development Engineer
discoverIE Group plc —Towcester
- Full-time
- CAD
- Computer literacy
- Engineering
- Life insurance

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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 somerton, oxf

Cost Engineer

Project Engineer [Telecoms]

Engineer - Motorsport Design

Process Engineer

Design Engineer (Mechanical)

Manufacturing Process Engineer

Senior Mechanical Design Engineer

Epitaxy Process Shift Engineer

Project Engineer - Body Electronics

Senior Asset Engineer - Carriageways and Footways

Senior Controls Design Engineer

Mechanical Design Engineer (Test)

Staff Process Development Engineer

Manufacturing Engineer

Senior Materials & Process Engineer

Senior Engineer - Motorsport and Advanced Engineering

Principal/Senior Mechanical Engineer

Control Design Engineer

Project Engineer

Mechanical Development Engineer

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