Principal Cost Estimator

Job title: Principal Cost EstimatorLocation: Barrow-in-Furness. We offer a range of hybrid and flexible working arrangements - please speak to your recruiter about the options for this particular roleSalary: From £43,373 depending on skills and experienceWhat you'll be doing:

In this role, you will be estimating major equipment and supporting the supply chain by conducting value analysis

Conducting sub-tier AAR (Attributable, Appropriate & Reasonable) reviews to ensure compliancy to government regulations

You will conduct scenario and simulation analysis on a micro to macro level to inform key business decisions - including risk and uncertainty modelling

Conduct Risk and Opportunity register reviews

Bench mark to provide industry comparisons - gathering information on costs included within sub-tier quotations by conducting Supplier fact find visits

You will be developing and maintaining internal and external Customer relationships

Playing a key role in Customer price investigations and supporting cost negotiations

Your skills and experiences:Essential:

You will need to be educated to a degree level or be able to evidence relevant experience

Have gained good exposure to previous leadership roles

Experience in developing junior members of staff

You will need to have experience of using Microsoft Excel at an advanced level

Benefits:You'll receive benefits including a competitive pension scheme, enhanced annual leave allowance and a Company contributed Share Incentive Plan. You'll also have access to additional benefits such as flexible working, an employee assistance programme, Cycle2work and employee discounts - you may also be eligible for an annual incentive.The Cost RecoveryTeamThis is a fantastic opportunity to join the Cost Recovery Team who are responsible for conducting value analysis on incoming supplier bids over £1M. You will also execute negotiations and increase and develop buyers' ability to challenge costs.Why BAE Systems?This is a place where you'll be able to make a real difference. You'll be part of an inclusive culture that values diversity, rewards integrity, and merit, and where you'll be empowered to fulfil your potential. We welcome candidates from all backgrounds and particularly from sections of the community who are currently underrepresented within our industry, including women, ethnic minorities, people with disabilities and LGBTQ+ individuals.We also want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.Please be aware that many roles working for BAE Systems will be subject to both security and export control restrictions. These restrictions mean that factors including your nationality, any previous nationalities you have held, and your place of birth may limit those roles you can perform for the organisation.Closing Date: 25th March 2024We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.#LI-JBK