Senior Consultant - Cost Transformation and Margin Improvement

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 practice in London is growing, and we are looking for a Senior Consultant 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 Work with clients to understand their cost base and margin drivers, building baselines and identifying improvement opportunities ​ Build financial models and cost analyses (e.g. spend analysis, cost-to-serve, benchmarking) that turn data into clear, practical recommendations ​ Contribute to the design and delivery of cost and margin improvement programmes, from diagnostic through to implementation ​ Track and report the value delivered, helping clients ensure savings are realised and sustained ​ Help clients build their own capability through knowledge transfer, so that improvements last ​ Work closely with colleagues across Baringa to bring the right expertise to each client ​ Support the development of more junior colleagues and contribute to growing the London EVC team

Your skills and experience

We are looking for curious, collaborative people with typically 3 to 6 years of relevant experience who enjoy solving complex problems and seeing their work make a measurable difference for clients. This role is pitched at Senior Consultant level. We also welcome applications from candidates at Consultant and Manager level, and will confirm the level through the interview process. ​ University degree in Economics, Econometrics, Business, Finance, Accounting or a related field and/or experience in cost analysis, cost transformation, FP&A, spend analysis, or a similar area, gained in consulting or in industry ​ Strong financial modelling and quantitative analysis skills, and the ability to turn analysis into actionable insight ​ Experience in a strategy firm, Big 4 or similar advisory firm, investment banking, audit or M&A advisory ​ Ability to break down complex problems, identify the key messages and communicate them clearly, in writing and in person ​ A collaborative approach and comfort working with clients and colleagues at all levels ​ 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 (completed or in progress) ​ Exposure to SG&A, third-party cost, zero-based budgeting or operating model work ​ 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