What are the responsibilities and job description for the Senior Analyst - BCG Vantage, Zero-Based Budgeting position at Boston Consulting Group (BCG)?
Who We Are
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.
To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.
What You'll Do
As a Senior Knowledge Analyst (SKA) within BCG's Zero Based Budgeting (ZBB) topic, you will work in
a growing global team, providing functional expertise and insights, working together with BCG case
and proposal teams to deliver expert Zero Based Transformation advisory to our clients. This will also
include case delivery support and the creation of customized knowledge assets.
You’ll be deployed in client engagements with core consulting teams, actively engaging with clients
to understand their needs, developing tailored solutions, and presenting insights and
recommendations with clarity and confidence. In addition, you will support business development,
go-to-market efforts and development of intellectual property & knowledge assets of the ZBB
business, as opportunities arise, contributing to research and analysis & marketing efforts.
ZBB is a fast-growing sub-unit within CFS that supports CEOs, CFO's and leaders to win the “next
game”- and how to maximize value creation while doing it. ZBB provides the visibility needed to
rigorously review and challenge ways of working and ultimately resetting the cost base in a way that
guarantees the business is kept lean for a long-term.
You are good at
Core Consulting Teams
The Knowledge Team (KT) is a group of functional and/or industry experts leveraging deep domain
knowledge to enable insight for case teams and clients. KT members are affiliated to BCG Practice
Areas, plugged into the strategic agenda and building and deploying leading edge IP data
tools/assets to deliver insight.
BCG's Knowledge Team members have the opportunity to be staffed on cases and help co-create
insights with case teams and clients through expert perspectives on industry trends, delivery of
proprietary data or tools in a particular function and complex research and analysis of market
information. KT members also support the PA’s business development and proposals and help to
organize and codify the knowledge that enables BCG to deliver superior business value for its clients.
*** For US locations only ***
In the US, we have a compensation transparency approach.
Total compensation for this role includes base salary, annual discretionary performance bonus, retirement contribution, and a market leading benefits package described below.
The base salary range for this role in Dallas is $124,800 - $129,000.
This is an estimated range, however, specific base salaries within the range depend on various factors such as experience and skill set. It is not common for new BCG employees to be hired at the high-end of the salary range. BCG regularly reviews its ranges to ensure market competitiveness.
In addition to your base salary, your total compensation will include a bonus of up to 24% and a generous retirement contribution that starts at 5% and moves to 10% after 2 years.
All Of Our Plans Provide Best In Class Coverage
Zero dollar ($0) health insurance premiums for BCG employees, spouses, and children
Low $10 (USD) copays for trips to the doctor, urgent care visits and prescriptions for generic drugs
Dental coverage, including up to $5,000 in orthodontia benefits
Vision insurance with coverage for both glasses and contact lenses annually
Reimbursement for gym memberships and other fitness activities
Fully vested Profit Sharing Retirement Fund contributions made annually, whether you contribute or not, plus the option for employees to make personal contributions to a 401(k) plan
Paid Parental Leave and other family benefits such as elective egg freezing, surrogacy, and adoption reimbursement
Generous paid time off including 12 holidays per year, an annual office closure between Christmas and New Years, and 15 vacation days per year (earned at 1.25 days per month)
Paid sick time on an as needed basis
Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
BCG is an E - Verify Employer. Click here for more information on E-Verify.
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.
To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.
What You'll Do
As a Senior Knowledge Analyst (SKA) within BCG's Zero Based Budgeting (ZBB) topic, you will work in
a growing global team, providing functional expertise and insights, working together with BCG case
and proposal teams to deliver expert Zero Based Transformation advisory to our clients. This will also
include case delivery support and the creation of customized knowledge assets.
You’ll be deployed in client engagements with core consulting teams, actively engaging with clients
to understand their needs, developing tailored solutions, and presenting insights and
recommendations with clarity and confidence. In addition, you will support business development,
go-to-market efforts and development of intellectual property & knowledge assets of the ZBB
business, as opportunities arise, contributing to research and analysis & marketing efforts.
ZBB is a fast-growing sub-unit within CFS that supports CEOs, CFO's and leaders to win the “next
game”- and how to maximize value creation while doing it. ZBB provides the visibility needed to
rigorously review and challenge ways of working and ultimately resetting the cost base in a way that
guarantees the business is kept lean for a long-term.
You are good at
- Detailed cost baselining and spend analysis with strong understanding of cost categories
- at a granular level
- Analysing large datasets of client financial and non-financial data utilizing advanced data
- analysis techniques to generate high value insights
- Understanding and optimizing Chart of Accounts (CoA), general ledger systems and cost
- centers, providing insights to support cost management
- Conducting internal and external benchmarking of costs to develop initial savings hypothesis
- Identifying cost optimization levers to quantify savings potential and determining reinvestment opportunities
- Conducting stakeholder interviews and facilitating challenger workshops with clients, supported with high quality analyses and your knowledge of optimization levers
- Adapting the planning & budgeting process to sustainably incorporate the ZBB ways-of-working and savings ambitions
- Defining governance policies for steering a ZBB program and implementing optimization initiatives
- Monitoring savings realization and developing change management and communication for organization wide alignment
- Working collaboratively and contributing effectively to team discussions; often leading discussions on alternative approaches and deliverables
- 5 years of relevant work experience in cost restructuring required; candidates with consulting experience preferred
- Minimum 2 years of consulting experience strongly preferred, and 2-4 years of industry experience in lieu of consulting experience
- Master’s degree in business administration, corporate finance, accounting, mathematics etc. with very good academic achievements and / or Qualified Chartered Accountant and ? or ACCA and / or CMA, with a management consulting background
- Outstanding analytical skills / comfortable working with large data sets to distill data driven insights
- Outstanding interpersonal and communication skills to interact with internal and external stakeholder while working in a global collaborative team environment
- Knowledge of data analysis and visualization tools (e.g., Alteryx and Tableau) will be an added advantage
- Fluency in English
Core Consulting Teams
- Staffed as topic champion along with core consulting teams in client engagements by bringing in core domain expertise
- Own and drive successful completion of a module in client projects
- Provide insight generation expertise during team discussions to frame and structure client issues
- Provide problem solving and solutioning to drive improvements across client organization
- Enhance client deliverables by conducting high-quality analyses and applying business judgement
- Suggests alternative or additional analyses to expand original scope and provide new insight
- Demonstrate good slide-writing and story-lining skills to generate client ready materials
- Concise, synthesized and confident during discussions with project teams, running
- workshops with client teams and presenting analysis & findings to clients
- Develop effective relationships with senior project leadership to build strong demand as a topic champion for repeat staffing
- Demonstrating adaptability and resilience, quickly adjusting to changing priorities and maintaining composure under pressure
- Support proposal development by guiding consulting teams on transformation approach, BCG capabilities, past case credentials and experts
- Build and update new topic-related customized knowledge products
- Control the consistency of knowledge management databases
- Reviews knowledge products and ensures they are current and relevant and updates when appropriate
- Writes abstracts and indexes for projects and practice documents
- Assisting in Practice Area intellectual capital development projects (studies, articles and other publications
The Knowledge Team (KT) is a group of functional and/or industry experts leveraging deep domain
knowledge to enable insight for case teams and clients. KT members are affiliated to BCG Practice
Areas, plugged into the strategic agenda and building and deploying leading edge IP data
tools/assets to deliver insight.
BCG's Knowledge Team members have the opportunity to be staffed on cases and help co-create
insights with case teams and clients through expert perspectives on industry trends, delivery of
proprietary data or tools in a particular function and complex research and analysis of market
information. KT members also support the PA’s business development and proposals and help to
organize and codify the knowledge that enables BCG to deliver superior business value for its clients.
*** For US locations only ***
In the US, we have a compensation transparency approach.
Total compensation for this role includes base salary, annual discretionary performance bonus, retirement contribution, and a market leading benefits package described below.
The base salary range for this role in Dallas is $124,800 - $129,000.
This is an estimated range, however, specific base salaries within the range depend on various factors such as experience and skill set. It is not common for new BCG employees to be hired at the high-end of the salary range. BCG regularly reviews its ranges to ensure market competitiveness.
In addition to your base salary, your total compensation will include a bonus of up to 24% and a generous retirement contribution that starts at 5% and moves to 10% after 2 years.
All Of Our Plans Provide Best In Class Coverage
Zero dollar ($0) health insurance premiums for BCG employees, spouses, and children
Low $10 (USD) copays for trips to the doctor, urgent care visits and prescriptions for generic drugs
Dental coverage, including up to $5,000 in orthodontia benefits
Vision insurance with coverage for both glasses and contact lenses annually
Reimbursement for gym memberships and other fitness activities
Fully vested Profit Sharing Retirement Fund contributions made annually, whether you contribute or not, plus the option for employees to make personal contributions to a 401(k) plan
Paid Parental Leave and other family benefits such as elective egg freezing, surrogacy, and adoption reimbursement
Generous paid time off including 12 holidays per year, an annual office closure between Christmas and New Years, and 15 vacation days per year (earned at 1.25 days per month)
Paid sick time on an as needed basis
Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
BCG is an E - Verify Employer. Click here for more information on E-Verify.
Salary : $124,800 - $129,000