Senior Manager, Cloud Economics

Mackenzie Investments; Ontario; Hybrid; CAD 75,000 - 100,000; Full time

Job summary

Mackenzie Investments, a top Canadian asset management firm, seeks an analyst to enhance cloud cost management and financial governance. This role offers the opportunity to drive cost-saving initiatives, optimize spending across platforms, and develop actionable insights in a supportive, inclusive environment. Applicants should possess a degree in finance or a related field and have a strong background in financial analysis and cloud platforms.

Benefits

Hybrid work environment

Continuous learning and development opportunities

Commitment to diversity and inclusivity

Qualifications

• Post-Secondary diploma/degree in Finance or related field required.
• Financial analysis and cloud platform certification needed.
• Experience with data analysis tools and reporting required.

Responsibilities

• Monitor and analyze cloud expenditure to identify cost-saving opportunities.
• Develop strategies to optimize cloud spending.
• Prepare reports and dashboards on cloud financial performance.

Skills

Financial analysis

Data analysis

Cloud Cost Management

Reporting

Communication

Critical thinking

Education

Post-Secondary Education diploma/degree in Financial, Accounting, Economics

Tools

Power BI

SQL

Excel

Python

Job description

Job Description

Grade: P8

Referral Level: Level 1

Division: IGM-Tech

IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $271 billion in total assets under management. The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals. Its activities are carried out principally through IG Wealth Management and Mackenzie Investments.

Under IGM Financial’s unique business model based on leading brands and multi-channel distribution strategy is Mackenzie Investments, founded in 1967. Mackenzie Investments is a holistic asset-management partner for thousands of Canadian financial advisors and the investors they support.

At Mackenzie Investments You Can Build Your Career with Confidence.

We have a vision and a strategy that will challenge the way business in this industry is done and help Canadians be successful in the ways that mean the most to them. As part of our team, you will do some of your best work, develop some of your most valuable skills and give back in ways that make a difference in the lives of Canadians. We are proud to be recognized as one of Canada’s Top Employers by Mediacorp Canada Inc. for empowering our employees with the tools to thrive, while also providing resources to ensure physical and mental wellness were put front and centre.

Join an unstoppable team that is embedded in continuous learning, understanding, and knowledge sharing. You will thrive in our supportive environment where you can indulge your curiosity to learn, while receiving the feedback you need to refine your skills and abilities. We are dedicated to offering a hybrid work environment when applicable.

Mackenzie Investments is a diverse workplace committed to doing business inclusively - this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas.

Position

We are seeking an analyst to drive financial accountability, cost transparency, and optimization opportunities within our cloud infrastructure platforms like Azure, GCP. This role ensures that cloud investments deliver operational efficiency and financial value through data-driven insights and proactive financial governance.

Responsibilities:

Cloud Cost Management and Optimization

• Monitor and analyze cloud expenditure across platforms (Azure, Google Cloud, AWS) to identify cost-saving opportunities and ensure adherence to budgets leveraging platforms like Power BI/Fabric forreal-time visualization andreporting.
• Develop and implement strategies to optimize cloud spending, including recommending changes to service usage, pricing models, and purchasing options, savings plan and CUDs for each of the platforms
• Provide actionable recommendations on cost optimization initiatives, including reserved instances, workload scheduling, and rightsizing to cloud engineering/cloud operations team and/or relevant team(s) and track regular progress updates.
• Conduct trend and variance analysis on cloud usage and costs, providing actionable insights for financial efficiency using PowerBI, MS Fabric, Excel.
• Find stale/idle resources work with Eng./Operations to decommission for cost savings
• Use existing databases (SQL) to aggregate, query, and transform large datasets related to cloud usage and costs, enabling efficient identification of cost-saving opportunities.
• Develop, maintain, and update cloud-related budgets and financial forecasts in collaboration with IT Finance, and cloud teams using Excel/PowerBI, integrating with cloud sources for dynamic updates
• Support the monthly, annual, and long-range financial forecast processes for cloud operations, creating annual cloud spend baselines.
• Build and maintain financial models to project and track cloud costs, supporting decision-making and resource allocation
• Model and track committed usage consumptions costs and variances
• Manage cloud billing accounts, pricing models, and contractual commitments for all the cloud platforms.

Reporting, Analysis, and Stakeholder Communication

• Enhance and optimize existing cloud financial and consumption reports, and models, or creating new visually rich reports using PowerBI/Fabric, enabling clear communication of cloud financial performance to stakeholders.
• Prepare and present regular reports and dashboards on cloud costs, usage, and financial performance to senior management and stakeholders.
• Communicate complex financial information in an accessible manner to non-financial stakeholders, providing training and support on cloud cost management best practices.
• Support quarterly earnings processes and create C-level reports and business review materials
• Support and create month-end financial processes including spend accruals, variance analysis, and reporting
• Outputs such as Return on Investment (ROI), Total Cost of Ownership (TCO), cost per service, and cost per user help assess the financial impact of cloud engagements

Governance, Compliance, and Process Improvement

• Review and manage cloud service agreements and vendor contracts, ensuring compliance with terms and negotiating for cost efficiencies.
• Develop, implement, and continuously improve financial processes and controls related to cloud financial management with the help cloud engineering team.
• Support negotiating licensing agreements and costs related to technology services.
• Help establish financial accountability across the organization using transparent reporting.
• Enable notifications or reports related to policy compliance, spending anomalies, or usage thresholds to help maintain financial control

Requirements:

• Post-Secondary Education diploma/degree in Financial, Accounting, Economics or equivalent practical experience.
• Financial analysis, accounting, or a related field, and certified in Azure Cloud platform and Google Cloud Platform required.
• Experience with financial analysis tools (e.g., Excel), data analysis (e.g., SQL, Python), and reporting (PowerBI /Fabrics)
• Well-crafted verbal and written communications
• Excellent written and verbal communication and report writing skills
• Strong interpersonal and communication skills
• Ability to apply critical thinking to problems presented. Consider and outline options and impacts
• Ability to analyze complex issues and develop effective solutions

Please visit our career page by clicking on the following link: https://www.mackenzieinvestments.com/en/careers

We thank all applicants for their interest in Mackenzie Investments; however, only those candidates selected for an interview will be contacted.

Mackenzie Investments is an accessible employer committed to providing a barrier free recruitment experience. If you require an accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.

Please apply by June 27, 2025.

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