cost optimization consultant

The Cost Optimization Consultant plays a key role in identifying, analyzing, and implementing cost reduction strategies across business operations, supply chains, and technology portfolios. This role involves leveraging data-driven insights, process improvement methodologies, and financial analysis to deliver measurable savings while maintaining or improving service levels and quality. You will also act as a strategic advisor, translating complex AI capabilities into tangible business value, defining transformative roadmaps, and managing the delivery of AI-powered solutions across diverse industries.

Key Responsibilities:

Strategy & Assessment:

• Conduct comprehensive spend analysis across departments (e.g., operations, procurement, IT, manufacturing, logistics, etc.).

• Identify cost-saving opportunities through process re-engineering, vendor rationalization, and contract optimization.

• Benchmark costs and performance metrics against industry best practices.

• Develop and prioritize cost optimization initiatives with clear ROI projections.

• Advise clients on AI strategy, identifying high-impact use cases and building actionable adoption roadmaps. 

• Act as the primary bridge between business stakeholders and technical teams to ensure AI solutions meet strategic goals. 

Implementation & Execution:

• Lead or support implementation of approved cost-saving initiatives in collaboration with internal stakeholders.

• Negotiate with suppliers, partners, or service providers to achieve target savings.

• Drive efficiency improvements through automation, lean methodologies, or outsourcing strategies.

• Establish monitoring mechanisms to track and sustain achieved savings.

• Manage the end-to-end agile delivery of AI solutions, translating business needs into successful products. 

Financial & Data Analysis:

• Build financial models to evaluate the impact of proposed changes on budgets, P&L, and cash flow.

• Use analytics tools (Excel, Power BI, Tableau, or ERP data) to identify cost drivers and trends.

• Provide cost transparency dashboards and savings performance reports to leadership.

Change Management & Communication:

• Engage with cross-functional teams to ensure adoption of cost optimization measures.

• Develop communication and training plans to embed cost-conscious culture across the organization.

• Present findings and business cases to senior executives or clients in a concise, actionable manner.

• Champion change management to drive user adoption of AI tools and foster a culture of innovation. 

Qualification

WHO WE ARE LOOKING FOR:

Required Skills and Qualifications:

• Bachelor's or Master's degree in Business Administration, Management, Data Science, Finance, Economics, Industrial Engineering, or a related field.

• Minimum of 5 years of experience in IT cost optimization, IT financial management, or technology consulting.

• Proven success in achieving measurable cost savings in IT operations (e.g., 10–25% OPEX reduction).

• Experience in IT service delivery, cloud economics, or managed services environments.

• Exposure to large-scale transformation programs involving automation, outsourcing, or cloud migration.

Preferred Skills:

• Deep understanding of IT cost structures (labor, infrastructure, licenses, cloud, support).

• Expertise in FinOps, TCO modeling, and IT cost transparency frameworks.

• Strong analytical and financial modeling skills (Excel, Power BI, Tableau).

• Familiarity with automation tools (UiPath, ServiceNow, AIOps platforms) and cloud platforms (AWS, Azure, GCP).

• Excellent stakeholder management, communication, and executive presentation skills.

• Proven success in achieving measurable cost savings in IT operations (e.g., 10–25% OPEX reduction).

• Experience in IT service delivery, cloud economics, or managed services environments.

• Exposure to large-scale transformation programs involving automation, outsourcing, or cloud migration.

WHAT´S IN IT FOR YOU?

• Competitive salary and benefits, including but not limited to: life/health insurance, performance based bonuses, monthly vouchers, company car (depending on management level), flexible work arrangements, employee share purchase plan, TEA Accenture, parental leave, paid overtime (if needed) and various corporate discounts

• Continuous hard and soft skills training & development through global platforms & local academy

• Career coaching and mentorship to help you manage your career and develop professionally

• Ongoing strengths and skills based evaluation process

• Various opportunities to develop your career across a spectrum of clients, industries and projects

• Diverse and inclusive culture

• Corporate citizenship initiatives (access to volunteering opportunities, charity work ec.)

• Under our Brain Regain initiative, extra relocation benefits may apply