Cloud FinOps Lead

Cloud FinOps Lead Bangalore, Karnataka, India

AXA XL Global Technology (GT) division is going through significant transformation including simplification of applications landscape across geographies and business units, Cloud transformation and migration to strategic platforms, as well as operating model transformation to support upcoming technological and business process changes. These include setting modernized standards, new technologies, increased level of automation and new ways of working. As part of Cloud Transformation, Cloud FinOps main goal is to ensure that AXA XL's Cloud spend is well understood, governed and managed. Cloud FinOps Lead is a crucial role in the organization, with primary responsibility to manage Cloud cost optimization strategies and resource allocation, aiming for efficient and cost-effective business processes. They play a vital role in financial planning and analysis, monitoring and communicating key performance indicators for management to make data-driven decisions, oversee and guide the FinOps team, ensuring seamless collaboration with other teams such as application development, architecture, financial accounting, and management.

DISCOVER your opportunity

What will your essential responsibilities include?

Develop and implement FinOps frameworks, including policies, processes, and best practices, to ensure effective cloud financial management aligned with organizational goals. Collaborate with architects, application delivery, cloud engineers, DevOps, finance, and procurement teams to enhance integration of FinOps principles and promoting responsible cloud usage.

Create financial dashboards, provide insights and forecasts to senior stakeholders, and foster a culture of cloud financial responsibility through training. Manage Azure cloud service budgets, participate in CSP negotiations via Procurement, and conduct regular FinOps maturity assessments to drive continuous improvement.

Report on accuracy, policy compliance and leading initiatives to enhance cloud financial management in line with industry best practices and assigned budget. Build and implement data-driven reporting allowing to identify cost-saving opportunities, optimizing resources, and tracking utilization for efficiency. Provide regular, timely, transparent and accurate cloud consumption costing information to management team and recommendations for optimization.

Outline, communicate and foster R&R ownership and governance across teams (application development, architecture, finance, management, business) in order to optimize synergies and encourage joint goals. Assist building of the FinOps community within application teams to increase maturity and ensure they have the Fin/Ops knowledge they need to be responsible for their own costs.

Maintain AXA XL Cloud business case to ensure that cost forecasts are maintained for the IT estate over the migration period () and that we can achieve run rate savings, this includes:

oMaintaining average cost profiles of applications migrating to cloud and then updating cloud cost forecasts in line with migrations

oAssist with yearly budget process to ensure budget requests are in line with the business case forecasts

Active membership of AXA Group's FinOps community to gain from and share learnings with the community. Also produce quarterly reporting required by Group.

Maintain a good understanding of the cloud provider pricing models so that can work with Application Teams to give recommendations on potential cost savings. Work with technical teams to drive technical optimizations such as right sizing.

Calculate cloud costs and set budgets for applications as part of the project processes, once live then monitor actual spend against the budget. Manage project recharge process where applicable, or raise alerts if applications spend higher than agreed budget.

Reconciliation of monthly invoicing to our CSP usage and ensure that service credits are given where applicable and that we are tracking against committed spend.

Implement the budget and alert framework for any threshold spikes or anomalies to take preventative action if necessary.

You will report to AXA Xl's Global Head of IT operations.

SHARE your talent

We're looking for someone who has these abilities and skills:

Required Skills and Abilities:

Certified FinOps professional with preferably finance background and experience. FinOps Certified Practitioner, Cost Management & Finance Qualifications.

Proven ability in conducting and presenting sophisticated and creative analysis of complex data and translating the results into actionable deliverables, messages, and presentations to various audiences (technical teams, finance teams, senior management).

Excellent financial and analytical skills with ideally good experience in Cloud Service Consumption Modelling tools in a large-scale IT infrastructure and application environment.

Excellent communication (verbal and written) and leadership skills, with a track record of presenting to senior management. Excellent cross department and cross Group collaboration skills.

Good understanding of Cloud computing technologies, AZ900 Azure Fundamentals would be beneficial. Deep experience of Microsoft Office Suite required (extensive knowledge of Power BI and Excel required).

Bachelor's degree or equivalent work experience.

Desired Skills and Abilities:

Able to operate successfully in a lean, fast-paced organization, and to create a vision and organization that can scale quickly.

Highly organized, demonstrated ability to successfully multi-task and efficiently deliver results in ambiguous situation.

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

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