Cloud FinOps
1 week ago
- Role:Cloud FinOps The role of a Cloud Finance Operations (FinOps) Business Analyst is pivotal in shaping the financial efficiency of the cloud team. By managing vendor contracts tracking spend and performing detailed cloud consumption and cost analyses this role enables the cloud team to make informed decisions about resource allocation and usage. This not only helps in optimizing costs but also aids in strategic planning and forecasting. Furthermore by maintaining an inventory of software licenses and tracking hardware warranties the FinOps Business Analyst ensures that the cloud team has the necessary tools and resources to function effectively. Overall this role significantly contributes to the financial health and operational efficiency of the cloud team. Candidate will utilize technical knowledge and analytical skills in architecting and optimizing cloud infrastructure standardizing technology stack for cloud & data centers implementing cloud service catalog and service governance solutions and driving implementation of our cloud first strategy and cloud adoption in partnership with development & business stakeholders. Responsibilities Monitoring cloud usage and spending data to identify cost-saving opportunities Developing and implementing strategies to optimize cloud costs Collaborating with finance operations and technology teams to drive cost optimization initiatives Analyzing cloud usage patterns and trends to identify areas for optimization Recommending changes to cloud service usage pricing models and purchasing options Developing and maintaining financial models to forecast and track cloud costs Working with cloud service providers to negotiate pricing and contracts Creating reports and dashboards to track and communicate cloud cost optimization efforts to stakeholders Manage vendor contract renewals track vendor service delivery and manage vendor spend on software and licenses Perform Purchase Request (PR) submissions track invoice approvals and estimate budgets. Maintain an inventory of software licenses and track hardware warranty renewals. Perform cloud consumption analysis plan Cloud Cost Allocation Reports (CFAR) and perform Total Cost of Ownership (TCO) analysis for applications. Track consultant time and headcount. Conduct product profitability analysis to ensure the financial success of products. Monitoring and analyzing the usage of cloud resources in an organization. Help understand which services are being used by whom and to what extent. Based on the analysis provide insights into patterns and trends identify inefficiencies and help forecast future usage and costs. Cloud Cost Allocation Reports (CFAR) for tracking and allocating cloud costs back to specific teams or projects within an organization. Identifying which resources are being used by which parts of the organization and then attributing the costs accordingly. Total Cost of Ownership (TCO) Analysis for Applications calculating the total cost of an application over its entire lifecycle from development and deployment to maintenance and support. Review cloud costs related to cloud resources such as compute storage and network usage as well as indirect costs like management security and compliance. Named Job Posting? (if Yes - needs to be approved by SCSC)
Additional Details
- Global Grade :C
- Level :To Be Defined
- Named Job Posting? (if Yes - needs to be approved by SCSC) :No
- Remote work possibility :No
- Global Role Family :60239 (P) Cloud Infrastructure
- Local Role Name :6415 Infrastructure Engineer
- Local Skills :3048 AIX
- Languages Required::English
- Role Rarity :To Be Defined
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