Cost Engineer ( CTO)

Select Engineering
Coventry, UK
3 months ago
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Role details

Contract type
Temporary contract
Employment type
Full-time (> 32 hours)
Compensation
£62,400.0 - £72,800.0
Working hours
Regular working hours
Job source

Tech stack

Microsoft Excel Computer-Aided Design Microsoft PowerPoint Value Engineering

Job description

The CTO Engineer is responsible for identifying, developing, and delivering engineering-led cost reduction and margin improvement initiatives in support of Lear internal and Customer financial roadmaps. The role includes ensuring that all proposed engineering changes are technically robust, commercially viable, and aligned with customer requirements, while driving standardisation, operational excellence, and continuous process improvement across the CTO function., Technical & Commercial Delivery

  • Identify and develop margin improvement proposals to achieve Lear’s internal CTO financial targets.
  • Develop and deliver a pipeline of proposals that meet customer targets and align with customer needs and expectations.

  • Ensure engineering integrity and robustness for all proposed technical changes.
  • Secure internal and external commercial agreement and business case alignment for all engineering change proposals.
  • Lead the preparation, presentation, and approval of proposals with internal and customer stakeholders, including the development and presentation of physical samples where required.

Customer & Value Engineering

  • Drive clear and robust capture of Customer Requirements through direct customer engagement and structured benchmarking activities.
  • Lead Value Chain Analysis activities, including heat-mapping and margin improvement initiatives.
  • Drive commonisation initiatives across vehicle platforms and programmes where appropriate to maximise reuse and reduce complexity.

Cross-Functional Collaboration

  • Maintain strong communication with internal programme teams, engineering, manufacturing and purchasing to ensure seamless implementation of approved proposals.
  • Act as a key interface between customers, suppliers, and internal stakeholders to ensure alignment and timely execution.

Process Excellence & Standardisation

  • Support Lear internal CTO process improvement and standardisation activities, including digitalisation and automation initiatives.
  • Contribute to the development and maintenance of Lear’s “Best-In-Class” European CTO position through disciplined standards, governance, and continuous improvement.
  • Drive operational excellence throughout the end-to-end CTO process.

Financial & Reporting Support

  • Support timely and accurate monthly financial reporting, forecasting, and tracking of CTO initiatives in collaboration with Finance.
  • Ensure transparency and traceability of financial benefits linked to engineering changes.

Requirements

Do you have experience in Six Sigma?, * Be highly self-motivated, proactive, and comfortable working independently.

  • Effectively manage multiple tasks and priorities in a dynamic, fast-paced environment.
  • Communicate confidently and professionally with stakeholders across the business, including customers and suppliers.
  • Maintain a positive, solution-focused mindset when addressing challenges.
  • Apply structured, logical, and analytical thinking to technical and commercial problem-solving.

Required Experience

Experience/ Skills

  • Experience within an automotive and/or manufacturing environment.
  • Cost reduction experience
  • Understanding of engineering design, manufacturing processes, and materials.
  • Strong numerical and analytical skills, with confidence working with cost and financial data.
  • Experience within the automotive OEM or Tier-1 supplier environment is highly preferred.

Additional Skills (Desirable)

  • Experience supporting VA/VE or cost-reduction initiatives
  • Knowledge of Lean, Six Sigma, or structured problem-solving methodologies.
  • Experience supporting process standardisation, digitisation, or automation initiatives.
  • Strong proficiency in engineering and business tools (e.g. understanding of CAD/Engineering Drawings, costing tools, Excel, PowerPoint).

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