Sr Technology FP&A Manager

2 weeks ago


Riverside, United States Reddit Full time

Sr Technology FP&A Manager - Cloud HostingReddit is seeking a strong, hands on, analytical and strategic Senior Finance Manager to join our Technology FP&A team, with a primary focus on Cloud Hosting spend. This role will provide Finance and Technology leadership with complete visibility into hosting costs and ensure a clear understanding of the drivers of change. The Finance Manager will integrate hosting spend into Reddit's budget and forecasts, reconcile actuals during the close, and partner with Engineering to track and validate cost-saving initiatives.Key ResponsibilitiesForecasting & BudgetingDevelop sophisticated financial models for hosting spend, long-term financial planning, and strategic contract negotiationsConduct scenario analysis for scaling, product launches, and contract commitmentsLead monthly variance analysis of spend vs. the budget and forecast for different LoBsBuild standardized and consistent reporting packages highlighting trends and their impact on Reddit's P&LDevelop cost optimization initiatives and tracking mechanismsDevelop ROI models to support cloud investments in the areas of strategic importanceCost Optimization & GovernanceLeverage previous experiences and industry best practices to proactively propose efficiency initiatives to engineeringDrive savings initiatives to completion by developing accountability mechanisms for engineeringEnforce tagging and allocation governance for improved visibility and accountabilityServe as a financial advisor to engineering, SRE, and cloud platform teams, providing insights on budgeting, unit economics, optimizations and financial strategy.Analytics & ToolsBuild and maintain dashboards to serve as Finance's source of truth for hosting cost reporting.Use billing tools to support reporting accuracy.Stay up-to-date on industry trends and regulations related to cloud technology and incorporate findings into financial strategiesCost of Revenue (COR) OwnershipComplete ownership of the COR forecast.Own and maintain the weekly COR file, ensuring accuracy, completeness, and timely updatesProvide clear weekly visibility into changes in hosting costs, explaining drivers of variance to Finance and Technology leadership.Partner with Accounting during close to reconcile COR actuals with invoices and financial records.Qualifications8+ years of experience in FP&A, Technology Finance, or Cost of Revenue management.Prior experience includes AWS and GCP contract negotiations.Proven experience owning and maintaining Cost of Revenue or Hosting budget files (weekly/monthly) and explaining drivers of change to leadership.Hands-on experience with AWS and GCP billing tools (Cost Explorer, CUR, Budgets).Proficiency with dashboard building, data modeling, financial reporting.Strong financial modeling, forecasting, and variance analysis skills with proven accuracy in managing Hosting budget vs. actuals.Demonstrated ability to track and report hosting cost savings from optimization initiatives and commitment programs.Excellent cross-functional communication skills to partner with Finance, Engineering, and Accounting.Strongly prefer background in professional services (consulting, Big 4, or advisory) with exposure to structured financial processes or cost governance.Benefits:Comprehensive Healthcare Benefits and Income Replacement Programs401k MatchFamily Planning SupportGender-Affirming CareMental Health & Coaching BenefitsFlexible Vacation & Reddit Global Days offGenerous paid Parental LeavePaid Volunteer time offThe base pay range for this position is: $167,500 - $234,500 USD



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