FinOps Analyst - New York, United States - GlobalSource IT

GlobalSource IT New York, United States

2 weeks ago

Description

FinOps Analyst
Minnesota
6+ month REMOTE Contract

My name is Ty Roznowski and I worked for a company called GlobalSource IT. We are currently working with our direct client based out on Monnesota. Our client is looking to bring on a

FinOps Analyst . This opportunity will be a 6+ month contract opportunity.

The FinOps Analyst is responsible for setting up processes and tools that will ensure visibility and action based on accurate and timely data to our business.

Overall, this role requires deep cloud billing understanding, collaboration with many teams, heavy data analysis, and excellent communication skills.

Success in these efforts should result in changed processes and maturing governance of cloud usage, and the work must be done continually from a positive, business-enhancing stance.

Key responsibilities:

Cost Management:

Monitor and analyze cloud-related expenses, identifying cost optimization and offset opportunities
Implement and maintain cost control strategies and practices

Budgeting and Forecasting:

Support the cloud monthly budget and forecast process in managing consumption, show back, and savings in collaboration with accounting, finance, and technical owners
Forecast cloud costs based on usage trends and project requirements
Ensure alignment of cloud spending with budgetary constraints

Resource Optimization:

Analyze cloud usage patterns and make recommendations for resource allocation and utilization improvements. This will include investigating and escalating anomalies and unplanned consumption spikes
Identify strategies to adapt resources to demand, optimizing cost and performance
Identify underutilized or unused resources and recommend decommissioning when appropriate

Data Analysis:

Collect and analyze data related to cloud spending and usage
Provide insights and recommendations to reduce unnecessary spending during recurring portfolio reviews
Create and maintain financial reports and dashboards
Extract actionable insights to drive informed decision-making

Collaboration & Communication:

Work closely with product teams to provide insights and maintain database of executed wins
Build and maintain a strong partnership between IT and Finance; continuous updates shared
Education, mentoring, and training to raise awareness about cost optimization best practices across the organization

Continuous Improvement:

Stay updated on cloud services, pricing models, and industry trends
Recommend and implement process improvements to enhance cost optimization efforts
Monitor and assess the effectiveness of cost-saving initiatives using key metrics defined

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