Cost Engineer

Norton Motorcycles, Inc.; Metropolitan Borough of Solihull; On-site; GBP 80,000 - GBP 100,000; Full time

Job summary

A leading motorcycle manufacturer is seeking a Cost Engineer to support the development of high-performance motorcycles. The successful candidate will ensure accurate product costing and supplier cost validation while collaborating with various teams. Required qualifications include a relevant Bachelor's degree and extensive experience in cost engineering. Attractive benefits include a competitive salary, generous holiday, private medical insurance, and more. Join a passionate team shaping the future of this iconic brand.

Benefits

Competitive salary package

33 days of holiday

Generous pension scheme

Private Medical Insurance

Life insurance (4x salary)

FREE fruit

WeCare Employee Assistance Programme

Career development opportunities

Employee events

Electric bicycle hire

On-site free parking and electric charge points

Qualifications

• 7+ years of experience in cost engineering, product costing, or should-costing.
• Experience in automotive, motorcycles, motorsport, aerospace, or premium manufacturing.
• Strong knowledge of machining, casting, forging, composites, and vehicle assemblies.

Responsibilities

• Develop and maintain component and vehicle cost models for premium motorcycles.
• Prepare should-cost calculations and validate supplier quotations.
• Conduct component cost negotiations in collaboration with Buyers.

Skills

Cost engineering

Product costing

Supplier negotiations

Engineering drawing interpretation

Education

Bachelor’s degree in Mechanical, Industrial, Automotive, or Manufacturing Engineering

Finance equivalent degree (CIMA, ACA, ACCA)

Job description

Overview

We’re not just another bike brand - we're an iconic, British motorcycle brand with over 120 years of history behind us. Our new state-of-the-art facilities in Solihull, West Midlands are home to a tight-knit, but ever-expanding team that's passionate about delivering exquisite riding experiences to our customers.

Under new ownership and proud to be part of the TVS Motor family, we're entering a new era of global success. And we want you to be a part of it!

At Norton, we value respect, trust, and responsibility. We trust our employees to execute their roles exceptionally and professionally, and we value personal development, teaching, and learning. When you join our team, you'll have the opportunity to grow and learn alongside some of the most talented and dedicated people in the business.

So if you're passionate about motorcycles and looking to join a team that's shaping the future of this legendary brand, we'd love to hear from you!

The Role

Norton Motorcycles are seeking a Cost Engineer to support the development and production of high-performance and super premium Motorcycles. This role will ensure accurate product costing, supplier cost validation, and continuous cost optimisation while maintaining the highest standards of performance, quality, and craftsmanship.

Key Responsibilities

• Develop and maintain component and vehicle cost models for premium motorcycles
• Prepare should-cost calculations and cost estimates to validate supplier quotations for technology and build-to-print parts
• Conduct component cost negotiations in collaboration with Buyers
• Support new product development with target cost estimates and evaluations
• Work closely with Program, Engineering, Purchasing, and Manufacturing teams to support business case evaluations and achieve cost targets
• Analyse material costs, tooling investments, and assembly costs
• Track actual vs. standard costs and recommend cost improvement actions
• Develop cost norms to support part sourcing during prototype and early project phases
• Set up and maintain foreign exchange (forex) and raw-material commodity indexation matrices for components procured
• Support make-vs-buy decisions, sourcing strategies, and supplier negotiations
• Evaluate the cost impact of engineering changes and new technologies

Required Qualifications

• Bachelor’s degree in Mechanical, Industrial, Automotive, or Manufacturing Engineering and / or Finance equivalent degree (CIMA, ACA, ACCA Finance Qualification)
• 7+ years of experience in cost engineering, product costing, or should-costing
• Experience in automotive, motorcycles, motorsport, aerospace, or premium manufacturing
• Strong knowledge of machining, casting, forging, composites (including manufacturing process knowledge) and vehicle assemblies
• Ability to read engineering drawings and BOMs

Rewards of working for Norton

We like to take care of our Nortoneers and we think we offer some pretty decent rewards. Here's what you'll get when you join the team:

• 💰 Competitive salary package that recognises your skills and experience
• 🌴 A whopping 33 days of holiday (inc. Bank Hols) to relax and recharge
• 👴 Generous pension scheme that sets you up for the future, with access to personalised advice.
• 🚑 Private Medical Insurance and a Cash Back Programme to keep you feeling your best
• 💸 Life insurance (4x salary) because we've got your back no matter what
• 🍌 FREE fruit, got to have your five-a-day!
• 🩺 WeCare Employee Assistance Programme, which includes access to online GP services, dietary advice, mental health support, bereavement counselling, and a fitness programme
• 🚀 Experience the thrill of an entrepreneurial environment within a larger, well-funded company with ambitious long-term goals.
• 💡 Elevate your career with our Ideas for Excellence scheme, where every brilliant idea is not just valued, but also rewarded!
• 🌍 A diverse and international team that brings together different perspectives, backgrounds, and experiences.
• 🎉 Join the fun with our twice-yearly employee events, payday socials, and loads of exciting activities in between!
• 🚴♂️ Want to go green? You can enjoy free electric bicycle hire
• 🚗 Plus, no need to stress about finding a parking spot - we've got on-site free parking covered and FREE electric charge points.

We know how important it is to take care of our team, and we're committed to continually improving our reward offering in line with the business growth plan.

Join us and see for yourself!

PLEASE NOTE, WE DO NOT ACCEPT AGENCY APPLICATIONS