Information Technology

3 weeks ago

Princeton, United States SoftPathTechnologies Full time
Job DescriptionJob Description

Position: Information Technology - US - Cloud Economist II

Location: Princeton, NJ or Rockville, MB- Hybrid - Need locals or nearby.

Visa: USC, GC only

Exp level: 12+ years

Role Description:

The Cloud Economist/IT Finance & Support Analyst tasks include:

IT Finance & Support Analyst:

- Produce and manage annual budget & quarterly forecasts for I&H IT business areas.

- Track and report monthly accruals.

- Track and report against I&H IT business areas and rollup levels, by various categories.

- Create and manage Purchase Orders in Ariba.

- Escalate issues related to procurement/ expenses as needed to the appropriate party.

- Review SOWs/ Quotes and ensure the proper approval process is followed and efficient.

- Track contract end dates and ensure renewals are completed in advance of expirations (e.g., MSAs, SOWs, SLAs, software renewals, etc.).

- Provide procurement related reporting.

- Approve invoices and track expenses against budgets/ forecasts.

- Ensure invoice matches expected spend prior to approval and issues are escalated.

- Capital Requests and Tracking.

- Depreciation tracking.

- Close capital requests as completed.

- Manage Equipment recycling and coordinate pickup.

Cloud Economist:

- Develop Show Back, Charge Back, Cost Allocation, and budget forecast models related to Cloud utilization and consumption utilizing tools such as CloudHealth for multi-cloud environment.

- Reporting to business application owners the monthly cloud computing services consumption costs that will be used for show-back/charge back to the respective line of business/cost centers.

- Identify cost optimization opportunities and partner with cloud architects and application leads to resolve/solution and implement.

- Develop business reviews and presentation materials for "C" level and senior management team regarding spend, growth, progress, and roadblocks on Total Cost of Ownership (TCO) topics.

- Review and update tagging guidelines to ensure appropriate categorization of costs -Define metrics and guardrails to identify opportunities and optimize cost performance -Define requirements for alerting when costs are higher than expected within a billing cycle -Develop and administer Power BI reporting/tracking of all TCO/economic-related activities -Report on project costs and product cost -Development of Saving Plan, Reserve Instance, on-demand, and spot instance strategy and guidelines across multiple services -Coordinates and consolidates efforts working closely with colleagues from FP&A, Strategic Sourcing, Infrastructure & Hosting and relevant areas of the business -Development Cost Allocation Models for Shared Services -Develop and manage Cloud Compute cost forecasts for business application owners to support the annual budgeting process -Support TCO Cost Estimating processes and KPI metrics.

Qualifications/Experience:

- Bachelor's degree in finance, business or a related field or equivalent work experience.

- Master's or Bachelor's degree in computer science or engineering related field or equivalent work experience.

- Minimum of 2 years experience in IT financial management.

- Minimum of 1 years experience utilizing CloudHealth software.

Required Skills Include:

- Strong working knowledge of Ariba.

- Knowledge of Procure To Pay (PTP) and Finance work.

- Excellent verbal and written communication skills with great attention to detail and accuracy.

- Experience in financial modeling and analysis of large scale IT infrastructure, application and/or service investments.

- Microsoft Excel and Power BI understanding and experience.

- Report Generation/Automation skills and insight is a plus.

- Understands Cloud computing technologies (AWS/OCI/Azure) and can anticipate workload transition challenges.

- Experience supporting and preparing analysis for a multi-Cloud environment.

- Willingness to research and self-study to keep technical skills relevant in a highly complex environment.

- Ability to take charge of a project and see it through until completion.

- Innovative and ability to think outside the box for creative problem solving.

- Comfortable working in cross-functional and multidisciplinary teams.

- Ability to work independently and as part of a team.

- Ability to multitask and prioritize deadlines.

- Experience in building and operating financial control and analysis systems (cloud cost analysis, show-back, and chargeback).

- Ability to report on financial data.

- Experience understanding how cloud resources are tagged.

- Experience using tools to perform billbacks and show-backs.

- Experience providing suggestions about cost optimizations.

- Experience reporting to individual application owners or IT on cost savings ideas.

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