
Principal Engineer
Rolls-Royce
The Role
Overview
Lead cost reduction and VAVE initiatives for engine and generator products.
Key Responsibilities
- cost reduction
- design analysis
- vave coordination
- risk management
- project tracking
- cross‑functional
Tasks
-Responsible to generate, promote, and evaluate innovative ideas across all the series released products, to reduce product costs, without compromising the product functionality, quality, safety, performance, and regulatory requirements. -Responsibility for driving cost reduction measures end to end and reporting the savings. -Interdisciplinary cooperation with the engineering, procurement and production departments as well as with suppliers at several global locations -Analyze designs, materials and manufacturing processes, and benchmark products and processes to suggest alternatives -Accountable for implementing the identified measures in series production and contributing towards Project’s annual Cost Reduction targets. -Identification of potential risks and preparation of mitigation plans -Coordinating, monitoring and assigning work packages to the VAVE support team (Value Analysis & Value Engineering) -Responsibility for preparing and monitoring project milestones, deliverables, business cases, and savings achieved while maintaining relevant reports and documentation
Requirements
- engineering degree
- combustion engines
- project management
- ptc creo
- sap
- cost estimation
What You Bring
-Successfully completed B.E. / B.Tech. / M.E. / M.Tech in Mechanical / Production / Automobile / Electrical / Industrial Engineering or any other similar engineering specializations -Minimum 6 years of experience with Combustion engines and Generator Systems, and relevant experience in Product Cost Work / VAVE / Cost Analysis or similar projects -Several years of project management experience and experience with multi-project management -Understanding of product design, development, change management and manufacturing processes -Proficiency with CAD and PLM tools (preferably PTC Creo and Windchill), SAP, DFMEA, ISO GD&T standards, DFA/DFM principles -Very good knowledge of written and spoken English -Knowledge of cost estimation tools or VAVE an advantage -Excellent communication and stakeholder management skills -German language proficiency is an added advantage
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Benefits
-Flexible, Open, Analytical and structured way of working.
The Company
About Rolls-Royce
-Founded in the early 20th century, it began as a pioneer in aero-engine design and has grown into a global engineering powerhouse. -It develops and produces engines and power systems for commercial and military aircraft, naval vessels, submarines, and energy infrastructure. -Headquartered in London, it operates across four core segments—civil aerospace, defence, power systems and emerging markets like nuclear and modular reactors. -It supports iconic programmes—supplying wide-body commercial aircraft engines, submarine nuclear reactors, naval propulsion, and bespoke industrial power units. -Amid a major turnaround since 2023, the company secured a £9 billion UK defence reactor deal.
Sector Specialisms
Civil aerospace
Defence
Power Systems
Electrical
Commercial marine
Yacht
Marine
Industrial construction
Building construction