Director - Cost Transformation/Operational Restructuring - Operational Strategy - EY-Parthenon
Ernst & Young
Job at a glance
At the core of our value proposition are Cost Transformation and Operational Restructuring, encompassing rapid and sustained transformation of organisations requiring strategic or structural change to their cost base or business performance. We develop strategies that enhance overall business value, leveraging deep sector and functional expertise, including: Cost Transformation - reimagining our clients' cost structures across people and non-people costs, S&GA and COGS, opex and capex - including the use of 'zero based' approaches.
Value Realisation - hands-on management of delivery and financial impact in value creation, cost reduction and/or turnaround programmes. Culture change - architecting the soft and hard measures required to instill a cost-conscious mindset in the organisation and to sustain the benefits of a cost transformation. Turnaround / Operational Restructuring - including accelerated cost out, crisis management.
Fix-Sell-Close - developing and implementing strategic restructuring options for underperforming businesses (or divisions/functions of businesses). Our teams work closely with executive leadership to identify significant improvement opportunities, develop actionable delivery plans, and lead/support implementation at pace. Your key responsibilities As a Director you will advise clients across a variety of sectors, supporting key decision makers (e.g.
Board, C-suite, lenders, investors) to develop and implement strategic transformations and to identify and realise value. You'll drive aspects of business origination, including pitches and presentations to potential clients to help sell work, own meaningful client relationships and lead project delivery, working with senior stakeholders for some of EY's most demanding clients. Given the client-facing nature of the role, strong interpersonal and communication skills are essential to effectively engage with clients and pragmatically address their needs, including the production of concise, executive-ready reports and recommendations.
You will be expected to operate with a high degree of independence, owning programmes, workstreams end-to-end and translating operational insights into clear financial outcomes (EBITDA, cash or CAPEX improvements, risk mitigation). We expect Directors to play a leading role in new business development efforts by leading pitches/pursuits and preparing compelling go-to-market collateral. You will also help shape the Cost Transformation and/or Operational Restructuring value propositions, contributing to thought leadership and practice growth.
We expect you to establish, maintain and strengthen internal and external relationships to help build the profile of the Operational Strategy practice. As an important member of a growing team, you will be expected to take a leading role to grow the practice and in coaching and counselling junior team members to help them develop. Project Delivery - Proven ability to lead project delivery teams, driving transformational change at pace, managing project teams, and overseeing engagement management (e.g.
project commercials and risk management) with direct ownership of cost transformation and/or operational restructuring projects. Account / client management - Proven ability to manage key client accounts effectively, demonstrating consistent commercial success through the development and maintenance of strong client relationships. Financial Analysis - Excellent financial analysis and quantitative skills, including ability to review analysis of other team members, quickly identify key insights, and link operational drivers to P&L, cash and balance sheet impacts.
Business and Commercially Driven - Demonstrable track record of working in a fast-paced environment, while leveraging strong business acumen to add value to clients. Value Creation - Proven ability to identify the strategic priorities / challenges facing our clients, rapidly quantify the associated potential and pragmatically develop mea