Assistant Director - Procurement - Operational Strategy - Strategy and Execution - EY-Parthenon (London)

Assistant Director (Senior Manager) – Procurement - Operational Strategy - Strategy and Execution - EY-Parthenon

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The Opportunity 

At EY-Parthenon (EY-P), our unique combination of transformative strategy, transactions and corporate finance delivers real-world value – solutions that work in practice, not just on paper. Benefiting from EY’s full spectrum of services, we’ve reimagined strategic consulting to work in a world of increasing complexity. With deep functional and sector expertise, paired with innovative AI-powered technology and an investor mindset, we partner with CEOs, boards, private equity and governments every step of the way.

The Operational Strategy practice within EY-Parthenon provides clients with pragmatic, results-oriented solutions that drive efficiency and performance improvement, helping solve their most significant financial and operational challenges.

We develop strategies and deliver value for clients, that optimise operations and enhance overall business value, leveraging deep sector and functional expertise, including:

• Cost transformation, procurement strategies & optimisation
• Transaction value creation, e.g. carve-outs and integrations
• Private Equity procurement value creation pre and post deal
• Contract separation

Our teams work closely with executive leadership across industries to identify opportunities for improvement (including quick wins), implement best practices, and ensure sustainable growth.

Your Key Responsibilities 

As an Assistant Director you'll advise clients across a variety of sectors, supporting key decision makers (e.g. Board, C-suite, lenders, investors) in developing and implementing strategic transformations. This role involves hands-on delivery in fast-moving, high-pressure situations, often working with incomplete information and tight stakeholder timelines.

You will be expected to lead project delivery teams, working with senior client stakeholders within tight timeframes for some of EY’s most demanding clients. As a consultant you’ll advise clients across all sectors, supporting key decision makers in developing and executing strategies for value creation and cost reduction. 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 clear, concise, executive-ready reports and recommendations.

You will be expected to operate with a high degree of independence, owning workstreams end-to-end and translating operational insights into clear financial outcomes (EBITDA, cash, CAPEX, risk).

We expect Assistant Directors to play a leading role in new business development efforts by supporting on pitches/pursuits and preparing compelling go-to-market collateral.

You will also help shape our value proposition within the wider Operational Strategy team, 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 our team. As an important member of a growing team, you would be expected to take a leading role in practical efforts to grow the practice and in coaching and counselling junior team members to help them develop.

Skills and attributes for success

• Project Delivery – Ability to lead project delivery teams (both in standalone / corporate or deal environments), 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 related workstreams or projects (size / complexity dependant).

• Financial Analysis – Excellent financial analysis skills, including ability to oversee/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 – Track record for working in a fast-paced environment, while leveraging strong business acumen to add value to clients.
• Value Creation – Ability to identify the key strategic priorities / challenges facing our clients and pragmatically develop solutions or actions to address them.
• Report Writing – Ability to produce clear, concise and client-ready reports that effectively communicate complex findings and recommendations to senior stakeholders.
• Business Development – Credibility to support business origination, including pitches and presentations. Initiative to contribute to our practice development initiatives, supporting the continued focus on our team as a great place to work.
• Learning – Strong desire to develop technical and personal skills to support achievement of career goals, through a blend of structured learning, coaching and client experiences.
• Stakeholder management and communication – Ability to effectively engage and manage stakeholders by tailoring communication to influence, align, and drive outcomes. Ability to build trust through clear, concise, and proactive updates.
• Role Model – Enthusiasm and ability to act as a role model supporting the development and coaching of junior team members.

To qualify for the role you must have:

Specialism / experience in:

• Professional services / strategy consulting experience, either gained wholly within consulting or through a combination of consulting and industry roles.
• Proven track record in delivering (cross-sector) for third party spend:

• • Opportunity assessments
  • Cost reduction delivery programmes
  • Procurement operating model transformation

• Strong analytical skills, with the ability to link operational analysis to financial statements and understand the implications of findings to client strategy.

Ideally, you’ll also have

• Experience across multiple sectors, ideally within one or more of our priority sectors which include Consumer & Retail, Industrials and Energy (including Automotive, Aerospace & Defence, Utilities and Oil & Gas), Life Sciences (including healthcare) and Technology, Media and Telecom (TMT).
• Expertise within multiple categories of spend, across Indirects and Directs, with an understanding of the key cost drivers and levers to deliver value.
• Experience in supporting contract separation exercises, with an understanding of the key challenges, pitfalls and accelerators.
• Experience in building strong working relationships with senior clients, including influence, advice and support to key decision makers.
• Experience in supporting sales and business development processes for professional services projects in a large-scale consulting environment.

• Value creation in transactions, including carve outs/separations or integrations.

• A proven track record of delivering cost transformation with clear, quantified impact, including responsibility for managing project teams and vendors.
• Strong written and verbal communication skills and experience of producing and reviewing high calibre reports, papers, presentations and thought leadership.

What we offer you

We will fuel your ambition and potential with future-focused skills development that equips you with state-of-the-art methodologies and technology-enabled solutions. With more than 15,000 people in 150 countries, you will join an inclusive and empowering culture that values your uniqueness, prioritizes your wellbeing, and immerses you in the diverse thinking and cross-cultural experiences necessary to help deliver impact to clients across the globe and to help build a better working world. Learn more about careers at EY-Parthenon.

Are you ready to shape your future with confidence? Apply today.

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