Senior Manager – Cost Transformation and Margin Improvement
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Skills
About the role
About Baringa
Baringa is a global consulting firm that partners with leaders to drive change and create value. With deep industry expertise, and enabled by advanced technology, the firm helps clients to deliver with greater confidence and certainty. With over 2,000 people across the UK, Europe, North America, Asia and Australia, the firm combines global insight with local understanding.
The firm works across energy and resources, financial services, government and public sector, consumer products and retail, pharmaceuticals and life sciences, manufacturing, and technology, media and telecoms, with capabilities spanning strategy, transformation and operational excellence – all powered by advanced technology, data, AI and digital innovation.
Clients value Baringa’s collaborative approach and the way its teams integrate seamlessly – all working with a shared understanding of what matters most. The firm is known for its kind, curious experts who listen closely and care deeply about client success as they help clients transform energy markets, modernise financial platforms, expand telecoms and digital networks through advanced data analytics, enable digital services in government, and unlock growth in consumer sectors.
Certified as a Great Place to Work around the world, Baringa has been recognised by the Financial Times in 22 categories of its UK Leading Management Consultants rankings, and by Forbes for four consecutive years as one of the World’s Best Management Consulting Firms.
Our Enterprise Value Creation (EVC) practice in Sofia is growing, and we are looking for a Senior Manager to join the team.
Expectations of value have changed. The EVC team helps clients achieve sustainable P&L improvement, addressing short-term financial priorities while building long-term value for shareholders. We bring a private equity mindset to enterprises, and we differentiate ourselves through the rigour of our thinking and the humanity of our execution: we combine deep data and analysis with market knowledge, and we work side by side with clients so that value is realised and sustained.
Our cost transformation work helps organisations become more efficient while protecting the capabilities they need to grow – from gross margin and SG&A to third-party spend and operational efficiency. You will work with clients across our industry sectors: Financial Services, Products & Services, Energy & Resources, Pharmaceuticals & Life Sciences, and Central Government.
What you will be doing
- Lead cost and margin improvement programmes end to end: from diagnostic, baselining and benchmarking, through initiative design and implementation planning, to mobilising and delivering the transformation
- Shape EVC strategy and roadmaps tailored to each client's needs, working closely with CFOs, COOs and other senior stakeholders
- Lead multi-disciplinary teams, bringing together expertise from across Baringa
- Make sure value is realised and sustained, through robust benefits tracking and building client capability
- Coach and develop team members, helping them grow their skills and careers
- Build long-term client relationships, shape proposals and contribute to business development
- Help build the Sofia EVC team and its reputation in the market, including recruitment and capability development
Your skills and experience
We are looking for an experienced leader with typically 7+ years of relevant experience who enjoys building client relationships, developing teams and delivering lasting results for clients.
What we are looking for:
- University degree in Economics, Econometrics, Business, Finance, Accounting or a related field; Master's degree is a plus and/or significant experience in a strategy firm, Big 4 or similar advisory firm, investment banking, audit or M&A advisory
- A track record of leading programmes in gross margin improvement, SG&A or third-party cost reduction, operational performance and efficiency, or operational due diligence
- Experience across the client lifecycle: from diagnostics, baselines and benchmarking, to designing initiatives and implementation plans, to mobilising the transformation programme
- Experience in business development and in delivering work in at least one of Baringa's industry sectors, and/or with private equity
- Strong senior stakeholder relationship, communication and presentation skills
- Experience coaching teams and delivering training to colleagues and clients
- Ability to travel internationally for up to 30% of the time, and to travel and work within the EU/UK
Nice to have:
- ACCA, CIMA or CFA qualification
- Experience of private equity portfolio value creation
- Experience in a deals environment or operational due diligence
We know that strong candidates do not always meet every requirement. If this role interests you and you meet many of the criteria, we encourage you to apply. We are happy to discuss flexible working arrangements.
What a career at Baringa will give you
Putting People First.
Baringa is a People First company and wellbeing is at the forefront of our culture. We recognise the importance of work-life balance and flexible working and provide our staff amazing benefits. Some of these benefits include:
- Generous Annual Leave Policy: We recognise everyone needs a well-deserved break. We provide our employees with 5 weeks of annual leave, fully available at the start of each year. In addition to this, we have introduced our 5-Year Recharge benefit which allows all employees an additional 2 weeks of paid leave after 5 years continuous service.
- Flexible Working: We know that the ‘ideal’ work-life balance will vary from person to person and change at different stages of our working lives. To accommodate this, we have implemented a hybrid working policy and introduced more flexibility around taking unpaid leave.
- Corporate Responsibility Days: Our world is important to us, so all our employees get 3 every year to help social and environmental causes and increase our impact on the communities that mean the most to us.