Cloud FinOps Engineer

FinOps Weekly; United States; Hybrid; USD 110,000 - 170,000; Full time

Benefits offered by this job

Competitive compensation

Health benefits

Professional development

Flexible work

Job summary

IQVIA is seeking a Cloud FinOps Engineer to lead financial governance and optimization across Azure, AWS, and GCP. Drive cost accountability, build dashboards, and provide actionable analytics to maximize ROI.

You will collaborate with Cloud Engineering, Platform Operations, and Finance to implement best practices, manage reservations, and support strategic cloud initiatives.

Qualifications

• Experience in cloud financial governance and cloud cost optimization.
• Ability to translate cloud spend into business insights.
• Strong analytical and reporting skills.
• Familiarity with chargeback and cost allocation models.

Responsibilities

• Establish and maintain cloud financial governance processes.
• Allocate cloud costs to products, apps, and business units.
• Implement chargeback and cost accountability models.
• Serve as SME for cloud financial management practices.
• Identify and optimize cloud cost opportunities across platforms.
• Collaborate on rightsizing, storage optimization, and licensing initiatives.
• Monitor savings and report forecast vs. actual results.
• Develop dashboards and regular reports on cloud spend and budgets.
• Forecast expenditures across multiple cloud platforms and assist budgeting.
• Analyze cloud billing data and investigate spend anomalies.
• Manage reservations and savings plan utilization.
• Provide vendor insights and assist procurement in cloud initiatives.
• Oversee cloud marketplace purchases and ensure financial controls.
• Calculate and manage cost allocation for shared cloud services.

Skills

Cloud Financial Operations

IT Financial Management

Cloud platforms

Cloud cost analytics

Financial modeling

Presentation & communication

Education

Bachelor's Degree in Computer Science or related field

Tools

Apptio Cloudability

AWS Cost Explorer

Job description

Cloud FinOps Engineer

The Cloud FinOps Engineer plays a critical role in overseeing the financial governance and optimization of the organization's cloud environments, specifically across Azure, AWS, and GCP. This position exists to ensure that cloud investments are effectively managed, maintaining transparency in costs and accountability in financial controls. The role collaborates closely with various teams, including Cloud Engineering, Platform Operations, and Finance, to enhance the organization's cloud spending strategy and drive business value. In this position, you will be responsible for establishing best practices in cloud financial governance, leading cost management initiatives, and providing insights through detailed reporting and analytics. The objective is to maximize the return on cloud investments by identifying optimization opportunities while fostering a culture of fiscal responsibility.

Key Responsibilities

• Cloud Financial Governance
  • Establish and maintain cloud financial governance processes.
  • Ensure accurate allocation of cloud costs to products, applications, and business units.
  • Implement chargeback and cost accountability models.
  • Serve as the subject matter expert for cloud financial management practices.
• Cost Management & Optimization
  • Identify and manage cloud cost optimization opportunities across platforms.
  • Collaborate with teams for rightsizing, storage optimization, and licensing initiatives.
  • Monitor savings opportunities and report on achieved versus forecast benefits.
• Financial Analysis & Reporting
  • Develop and maintain dashboards for various stakeholders.
  • Produce regular reports on cloud spend, trends, and budget performance.
• Forecasting & Budget Management
  • Develop expenditure forecasts across multiple cloud platforms.
  • Monitor variances in forecasts and assist in the development of annual budgets.
• Financial Data Analytics
  • Analyze cloud billing and consumption data.
  • Investigate spend anomalies and emerging trends.
• Reservations & Savings Plan Management
  • Manage commitment-based discount programs and perform utilization reviews.
  • Develop recommendations to optimize cloud savings plans.
• Contract & Vendor Management
  • Provide insights for vendor negotiations and support procurement activities.
  • Assist in cloud vendor reviews and strategic initiatives.
• Marketplace & Commercial Operations
  • Oversee cloud marketplace purchases and ensure financial controls are maintained.
• Shared Services Cost Allocation
  • Calculate and manage financial models for shared cloud services.

Required Skills

• Strong experience in Cloud Financial Operations, IT Financial Management, or related fields.
• Hands-on experience with major cloud platforms, particularly Azure and AWS.
• Proficient understanding of cloud consumption and billing models.
• Experience with tools such as Apptio Cloudability and AWS Cost Explorer.
• Excellent financial modeling and analytical skills.
• Strong presentation and communication capabilities, especially in conveying complex financial data.

Preferred Skills

• FinOps Certified Practitioner or equivalent certification.
• Microsoft Azure or AWS certification.
• Bachelor's Degree in Computer Science or a related field.
• Familiarity with financial planning tools like Oracle Essbase or SQL.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive health benefits.
• Professional development opportunities.
• Flexible work arrangements.

Useful Links

Company Website

Why You Might Be Interested

This position presents a unique opportunity to influence financial governance in cloud operations within a leading global healthcare organization. As part of the dynamic and innovative environment at IQVIA, you will leverage cutting-edge technology and large datasets while making impactful contributions toward improving healthcare outcomes.