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 (EVC) practice in Sofia 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 Sofia 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 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.​
What we are currently looking for:
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​