Senior Consultant – Cost Transformation and Margin Improvement​

The Enterprise Value Creation (EVC) practice in Sofia is growing. The EVC team helps clients achieve sustainable P&L improvement, addressing short-term financial priorities while building long-term value for shareholders. The 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. The role covers clients across Financial Services, Products & Services, Energy & Resources, Pharmaceuticals & Life Sciences, and Central Government. The role is pitched at Senior Consultant level; Consultant and Manager level candidates are also welcome, with the level confirmed through the interview process.

Responsibilities

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 Sofia EVC team

Requirements

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; 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; Typically 3 to 6 years of relevant experience

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; Experience in a strategy firm, Big 4 or similar advisory firm, investment banking, audit or M&A advisory

Benefits

5 weeks of annual leave; 5-Year Recharge benefit with an additional 2 weeks of paid leave after 5 years continuous service; Hybrid working policy and flexibility around unpaid leave; 3 Corporate Responsibility Days per year; Annual People Fund for wellbeing; Baringa Group Profit Share Scheme