
Cloud Cost Optimization Lead
1 day ago
We are seeking a highly motivated and analytical Cloud Cost Optimization Specialist to join our team. In this role, you will be responsible for optimizing cloud spending, driving cost efficiency, and fostering a culture of financial accountability within our engineering and product teams.
Main Responsibilities:
- Cloud Cost Optimization:
- Analyze cloud spending patterns and identify opportunities for cost reduction.
- Implement cost optimization strategies, such as rightsizing instances, utilizing reserved instances, CUDs or savings plans, and leveraging spot instances.
- Develop and maintain cloud cost dashboards and reports to track key performance indicators (KPIs).
- Continuously monitor and optimize cloud resource utilization.
- Financial Governance:
- Establish and enforce cloud cost policies and procedures.
- Develop and manage cloud cost budgets and forecasts.
- Implement chargeback and showback models to promote cost awareness and accountability.
- Ensure compliance with cloud cost management best practices.
- Collaboration and Communication:
- Partner with engineering, product, and finance teams to drive cost optimization initiatives.
- Communicate cloud cost insights and recommendations to stakeholders at all levels.
- Provide training and education on FinOps best practices.
- Facilitate cross-functional collaboration to resolve cloud cost-related issues.
- Toiling and Automation:
- Evaluate and implement cloud cost management tools and platforms.
- Hands-on experience with FinOps tools like Cloud health, Cloudability and Cloud Native portal.
- Stay up-to-date with the latest FinOps tools and trends.
- Forecasting and Budgeting:
- Create and maintain accurate cloud cost forecasts.
- Work with relevant teams to create budgets, and track spending against those budgets.
- Provide variance analysis and recommendations for budget adjustments.
Requirements:
- 10 years of overall experience out of which 5+ years in cloud cost management.
- Bachelor's degree in computer science, Engineering, or a related field.
- Proven experience in cloud cost management and FinOps practices.
- Strong understanding of cloud platforms (AWS, Azure, GCP).
- Proficiency in data analysis and reporting tools (e.g., Excel, Power BI).
- Excellent communication and interpersonal skills.
- Experience with cloud cost optimization tools (e.g. Cloudability, CloudHealth, AWS Cost Explorer, Azure Cost Management & GCP Billing console).
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