FinOps Financial Analyst
Posted 2 weeks ago by Michael Page
Negotiable
Undetermined
Onsite
Birmingham
- Opportunity to work for a fast growing business
- Hybrid Working
About Our Client
Job Description
The FinOps Financial Analyst will be responsible for managing financial aspects of cloud operations, and more broadly across the technology stacks, including analysing cost data, identifying efficiency opportunities, and collaborating with teams to ensure cost-efficient use of resources. Ensuring that forecasts are accurate, up-to-date, and that spending is in line with forecasts. In addition, ensuring that costs resulting from projects and/or cost savings are appropriately budgeted in the financial year.
The role also consists of providing financial detail to business stakeholders, responsible for the creation and management of dashboards and reporting covering cost management, cost optimisation recommendations and liaising with stakeholders to maximise reductions in the overall business cost base.
This role reports directly to the FinOps Lead.
Job Description
What you will be doing
Financial Operations Analyst responsibilities include:
- Deep-dive cost management of all existing suppliers by product and customer.
- Build structure to track costs and savings across spend categories, including costs associated to new revenue.
- Develop savings initiatives, report savings targets and track progress of initiatives.
- Actively manage and review large spend pools to identify savings opportunities.
- Track progress of initiatives and report update to team leads.
- Deliver timely, accurate, financial analysis, invoice management and reconciliations for key vendors.
- Key contract understanding - commercial terms, tracking invoices and billing reports against planned spend.
- Supporting the FinOps Lead with forecast and budget management.
- Financial analysis of cloud computing spend.
- Examine spending trends, and opportunities for savings, and advise with specific recommendations for improvement.
- Manage reconciliations to deliver a consistently predictable and repeatable process.
- Monitor the day-to-day processes including alignment with the data, operations, and budgets.
- Build and maintain collaborative relationships with key vendors.
- Support internal and external audits.