Cost Transformation Manager, Life Sciences Operations Transformation, Consulting

Basic information Location Bristol, Edinburgh, Glasgow, Leeds, London, Manchester Service line Consulting Date published 16-May-2024 Req # 15762 Job description Connect to your IndustryOur Private Sector Operations team are both business model and industry specialists working with some of the most interesting and cutting-edge Life Sciences clients globally. The strength of our client relationships, combined with our sector depth and capability skillset, means we are frequently the business architects for designing and delivering some of the largest and most innovative transformation agendas in this exciting industry.Working with colleagues across Deloitte, we combine business design, process design and cost transformation with digital / technology fluency to solve our clients’ biggest challenges, bringing the unpredictable and unknown into focus to enable our clients with their boldest ideas, and turn concepts into reality.We are a diverse team with deep industry experience alongside core operational skillsets. We are expanding our team and are looking for people who embrace change, brings a growth mind-set, and is eager to work in a high-paced innovative environment. Most importantly, we are driven by the impact we can create together by helping Life Sciences companies achieve their strategic goals and ultimately improve patient outcomes.Connect to your career at DeloitteDeloitte drives progress. Using our vast range of expertise, that covers audit, risk advisory, and consulting services across tax, legal, business, technology and corporate finance, we help our clients become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more. What brings us all together at Deloitte? It’s how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.Connect to your opportunity We are looking for candidates with a mixture of business, technical, and project-based expertise to join us, working in fast-paced teams with other highly talented, fun and motivated colleagues.As a Cost Transformation Manager within our Private Sector Operations Life Sciences team, you will work alongside operations transformation experts to help clients identify opportunities to produce sustainable cost savings and margin improvements across the business, ultimately innovating and transforming their business models and core operations. We are looking for candidates who bring a combination of industry experience and strong business acumen, demonstrating skills and experience in one or more of the following areas:Life science industry experience:Experience working within one, or multiple sectors including Biopharma, Med-tech and Consumer Health industry. Prior Consulting experience with Life Sciences are also desirableWithin your relevant sector, bring experience and knowledge across the value chain of the business to understand how financial business planning, cost allocation and budgeting worksDemonstrate deeper cost expertise in one of multiple parts of the life sciences business e.g. R&D, Supply Chain, IT etc.Strong understanding of cost principles and levers to reducing COGS, SG&A and improving asset efficienciesUnderstand the key cost drivers disrupting the industry, and demonstrate a working knowledge of the typical challenges and opportunities within your area of expertiseBusiness / Operational experience:Proven experience analysing and manipulating large cost data sets to identify cost-saving opportunities, and / or developing large-scale financial business cases (using MS Excel or ANAPLAN)Track record in successfully leading / participating in end-to-end cost transformation programmes including setting baselines & targets, identification & quantification of initiatives, implementation and benefit trackingAbility to rapidly understand complex business challenges, comfortable working with large amount of data inputs to build a grasp of the client’s operating model and processes and draw conclusions in a logical mannerProven experience leading effective teams and projects on time and to budget, including proactive programme risk and issue managementWorking in a matrixed environment with multi-disciplinary teams to design and implement project solutionsStrong communicator with the ability to tailor messaging to the audience, ability to organise insights into a logical flow and content to enable impactful storytelling when presenting recommendationsGood working knowledge of tools that support project management, workshop facilitation, data analysis, different presentation formatsTrack record of building and maintaining relationships with stakeholders at all levels within an organisation, comfortable with senior stakeholder engagementTrack record in successfully developing junior talent within an inclusive team culture where people are recognised for their contributionConnect to your skills and professional experienceProfessional and Academic qualifications:Degree in relevant fieldProven experience within Life Sciences industry or Consulting, or equivalentAdditional desirable experience include:Management / Financial Accounting Qualification e.g. CIMA, ACA, ACCA, CFA or equivalentExperience working Finance functions, Finance Transformation teams or Business Development related roles within the businessAdvanced degree including Master of Business Administration (MBA) or equivalent Successfully leading responses to client or vendor bids and proposalsLine management responsibilityConnect to your business - ConsultingDistinctive thinking, deep expertise, and collaborative working. That’s what connects us. That’s what makes us Deloitte. If you want to help solve some of the biggest challenges around, join us. Together, we’ll make an impact that matters.Personal independenceRegulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.Connect with your colleagues "It is really great to work for a company which is so highly respected and has great ambition to grow; we get to grow with it." - Peta, Technology“What attracted me to Deloitte were the endless opportunities and the collective experience of other like-minded individuals. Deloitte’s clients include many of the world’s largest organisations; I wanted to be part of a team that made a difference that I could be proud of.” - Dan, Consulting"I get to work on projects that help clients in a sector I feel truly passionate about.” - Rhiannon, Consulting“It’s such an inspiring place to work; everyone you talk to is working on something interesting.” - Gillian, ConsultingOur hybrid working policy You’ll be based in UK Wide with hybrid working. Our hybrid model enables our people to collaborate, connect and innovate in both a virtual and physical capacity.   As well as remote working, you’ll attend your local office, virtual collaboration spaces and client sites, depending on the requirements of the role.  At Deloitte we understand the importance of balancing your career alongside your home life.  That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You’ll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.Our commitment to you Making an impact is more than just what we do: it’s why we’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before. We want you. The true you. Your own strengths, perspective and personality. So we’re nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we’ll take your wellbeing seriously, too. Because it’s only when you’re comfortable and at your best that you can make the kind of impact you, and we, live for.Your expertise is our capability, so we’ll make sure it never stops growing. Whether it’s from the complex work you do, or the people you collaborate with, you’ll learn every day. Through world-class development, you’ll gain invaluable technical and personal skills. Whatever your level, you’ll learn how to lead.Connect to your next step A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see. You’ll be free to bring your true self to work every day. And you’ll never stop growing, whatever your level.Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careersWPFULL SLCONS LOCOFFICE