Senior Associate, ZBR - Global Capability Center

India

Location: Gurugram, India
Date Posted: Oct 4, 2025

Description

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Team

Our Performance Improvement team provides Business Transformation and Performance Improvement Services to Corporates, Investors, and their portfolio companies, delivering –

Performance improvement via cost reduction and revenue growth programmes
Large, complex organizational restructuring and business transformation
Rapid Results Program, which helps to quickly and effectively assess business process management risks and identify key areas impeding performance

How you will contribute

We are seeking a dynamic and analytical Senior Associate, Zero-Based Review (ZBR) to join our growing team. The ideal candidate will have experience in Zero-Based Review (ZBR), process reengineering, and cost reduction strategies, with a strong track record of driving efficiency analysis, operational assessments, and performance improvement initiatives. The candidate will support clients in strategic evaluation projects with a focus on cost take-out and enterprise value optimization.

Lead and support Zero-Based Reviews (ZBR) to assess baseline operations and develop cost-optimization roadmaps
Conduct process reviews and spearhead process reengineering initiatives to eliminate inefficiencies and enhance throughput
Perform comprehensive efficiency analysis to identify improvement areas across operations, finance, supply chain, and shared services
Drive operational assessments to benchmark performance and prioritize transformation initiatives
Deliver actionable performance improvement recommendations with measurable KPIs and ROI
Conduct cost-benefit analyses to evaluate proposed changes and support strategic decision-making
Develop and implement cost reduction strategies including workforce, procurement, and footprint optimization
Design and execute cost take-out programs aligned with clients' strategic goals
Present findings and strategic recommendations to client stakeholders, from functional leads to C-suite executives
Collaborate cross-functionally with client teams and internal specialists to ensure successful delivery of projects

Qualifications

3-8 years of relevant experience in consulting, corporate strategy, or operational improvement roles
Proven expertise in cost optimization, process improvement, and strategic transformation
Strong financial modeling and cost-benefit analysis skills
Familiarity with Zero-Based Budgeting/Review (ZBB/ZBR) methodologies
Excellent communication, presentation, and stakeholder management skills
Highly analytical, structured thinker with a problem-solving mindset

Your journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.

Inclusive Diversity

A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

Equal Opportunity Employer

It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. .

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

Similar jobs