Cloud Financial Operations Specialist

4 days ago


Issaquah, Washington, United States ASCEND MINDS Full time

Job Summary:

ASCEND MINDS is seeking a skilled Cloud Financial Operations Specialist to manage and optimize cloud financial operations, ensuring cost efficiency and transparency in Azure cloud expenditures. This role involves working closely with finance, IT, and business teams to align cloud spending with organizational goals and drive financial accountability.

Key Responsibilities:

  • Cloud Cost Management:
    • Implement tagging across the full estate.
    • Monitor and analyze Azure cloud spending, identifying trends, anomalies, and opportunities for cost savings.
    • Implement and maintain cost allocation and chargeback models to accurately distribute cloud costs across departments or projects.
    • Utilize Azure Cost Management Billing tools to track and manage cloud expenses.
    • Implement proactive alerts, budgets, and thresholds for subscriptions.
  • Optimization and Efficiency:
    • Develop and enforce cost optimization strategies, such as rightsizing resources, leveraging reserved instances, and eliminating unused assets.
    • Recommend and implement best practices for cost-effective use of Azure services.
    • Create optimization candidates to lower Azure cloud costs.
    • Conduct regular reviews and audits of cloud resource utilization and spend.
  • Financial Reporting and Analysis:
    • Generate and present detailed financial reports on cloud spending, budget forecasts, and cost optimization efforts.
    • Provide insights and recommendations to stakeholders based on financial data analysis.
    • Collaborate with finance teams to ensure accurate budgeting and forecasting of cloud expenses.
  • Governance and Compliance:
    • Establish and maintain cloud cost governance frameworks and policies.
    • Ensure compliance with organizational and regulatory financial policies.
    • Monitor adherence to cost management guidelines and practices.
  • Collaboration and Support:
    • Work closely with IT, DevOps, and business teams to align cloud usage with financial goals.
    • Provide training and guidance to team members on FinOps best practices and tools.
    • Participate in cross-functional meetings to discuss and address cloud financial management issues.
  • Continuous Improvement:
    • Stay updated with the latest trends and best practices in cloud financial management (FinOps).
    • Propose and implement improvements to enhance the efficiency and effectiveness of cloud financial operations.
    • Evaluate and integrate new tools and technologies to improve cost management processes.

Qualifications:

  • Experience:
    • 3 years of experience in cloud financial management, preferably with a focus on Azure.
  • Technical Skills:
    • Proficiency in using Azure Cost Management Billing tools.
    • Strong understanding of cloud cost management principles and best practices.
    • Experience with financial analysis, budgeting, and forecasting.
    • Familiarity with cloud infrastructure and services, particularly within Azure.
  • Preferred Qualifications:
    • Relevant certifications, such as FinOps Certified Practitioner or Microsoft Certified: Azure Fundamentals.
    • Experience with financial management tools and platforms, like CloudHealth or Cloudability.
    • Knowledge of IT and cloud governance frameworks.

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