Senior FinOps Financial Analyst

ummh; Worcester (MA); On-site; USD 68,000 - 123,000; Full time

Benefits offered by this job

Signing bonus

Job summary

UMass Memorial Health in Worcester, MA is seeking a Senior FinOps Financial Analyst to lead enterprise budgeting and cloud cost forecasting, including cost/usage modeling and TCO analyses.

You will develop dashboards for cloud cost transparency, perform variance analyses, mentor junior analysts, and collaborate with IS and Finance leaders to optimize cloud spending and accountability.

Qualifications

• Bachelor's degree in Finance, Accounting, Math, Data Science, Economics, Healthcare Administration, or related field.
• Minimum of 2 years of directly relevant finance experience.
• Strong Excel modeling and financial analysis skills; familiarity with cloud cost management.

Responsibilities

• Lead FinOps forecasting and cost analytics to support planning.
• Implement billing practices and cost allocation models.
• Optimize cloud spending via rightsizing and reservations.
• Develop dashboards for cloud cost transparency.
• Mentor Financial Analysts and train on financial systems.
• Collaborate with IS and Finance leaders to drive accountability.

Skills

FinOps

Forecasting

Budgeting

Excel modeling

Data analysis

Communication

Multi-project management

Cloud cost management

Education

Bachelor's degree in Finance, Accounting, Math, Data Science, Economics, Healthcare Administration, or related field

MBA in Finance

Tools

Azure Cost Management

Microsoft Excel

Job description

Exemption Status:

Exempt

Hiring Range:

$68,369.60 - $123,073.60 Please note that the final offer may vary within this range based on a candidate's experience, skills, qualifications, and internal equity considerations.

Schedule Details:

Monday through Friday

Scheduled Hours:

9a - 5p

Shift:

1 - Day Shift, 8 Hours (United States of America)

Hours:

40

Cost Center:

99940 - 5947 IS Business Ops

This position may have a signing bonus available a member of the Recruitment Team will confirm eligibility during the interview process.

Everyone Is a Caregiver

At UMass Memorial Health, everyone is a caregiver - regardless of their title or responsibilities. Exceptional patient care, academic excellence and leading-edge research make UMass Memorial the premier health system of Central Massachusetts, and a place where we can help you build the career you deserve. We are more than 20,000 employees, working together as one health system in a relentless pursuit of healing for our patients, community and each other. And everyone, in their own unique way, plays an important part, every day.

The Senior FinOps Financial Analyst supports enterprise budgeting and forecasting while leading cloud financial management activities, including cost forecasting, billing accuracy, and optimization. The role provides advanced financial analysis and modeling, develops dashboards for cloud cost transparency, and partners with IS and Finance leaders to promote accountability and efficient cloud spending. Additional responsibilities include variance analysis, reporting, budget preparation, and mentoring junior analysts.

I. Major Responsibilities

• Leads FinOps forecasting activities, including predictive analytics, cloud usage modeling, and total cost of ownership (TCO) analysis to support quarterly and annual planning.
• Implements FinOps billing practices such as usage metering, chargeback/showback reporting, cost allocation modeling, and validation of cloud billing accuracy.
• Executes FinOps optimization strategies, including rightsizing, reservation planning, and identifying cost efficiency opportunities aligned with the FinOps Foundation phases: Inform, Optimize, Operate.
• Leverages dashboards and reporting for cloud cost transparency using Azure Cost Management tools or equivalent platforms.
• Partners with IS, Finance, and operational leaders to promote cloud cost accountability, governance, and continuous improvement in cloud financial management.
• Supports and works with customers, managers, vice presidents, and administrators to proactively understand financial needs; provides training on financial systems and reports.
• Develops strong working knowledge of forecasting/budgeting software; may assist with system QA, testing, and maintenance.
• Performs ad hoc and routine variance analysis and audits; collaborates to develop corrective actions to meet financial targets.
• Obtains data from financial systems; designs, prepares, and reviews scheduled and ad hoc reports for presentation and ongoing evaluation.
• Identifies forecasting assumptions, prepares annual operating plans, and reconciles data across multiple financial systems.
• Participates in committees and work teams related to the budget process; may assist with feasibility studies, market analysis, and business plans.
• Trains and mentors Financial Analysts.
• May manage external contracts and revenues, including contract analysis, income review, funding, grants, cash collection, and invoicing.
• May process DEFAs and change forms; coordinates compensation related activities and may oversee departmental purchasing and payables.
• Complies with departmental policies, attends required meetings, demonstrates quality improvement, and maintains a respectful, inclusive environment.
• Performs other similar and related duties as required.

II. Position Qualifications:

License/Certification/Education:

Required:

• 1. Bachelor's degree in Finance, Accounting, Math, Data Science, Economics, Healthcare Administration, or related field.

Preferred:

• 1. MBA in Finance.

Experience/Skills:

Required:

• 1. Minimum of 2 years of directly relevant finance experience.
• 2. Strong understanding of financial management concepts and ability to support development of financial plans.
• 3. Familiarity with accounting principles and financial statements.
• 4. Advanced proficiency with Microsoft Office Suite, including Excel modeling.
• 5. Excellent analytical, interpersonal, and communication skills; ability to work with nonfinancial managers and manage multiple projects.
• 6. Experience with cloud cost management or FinOps practices, including FinOps forecasting, FinOps billing, and FinOps optimization.
• 7. Familiarity with cloud financial tools such as Azure Cost Management or similar platforms.
• 8. Understanding of cloud usage metering,