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Full Time
Cloud FinOps
Cloud FinOps roles and responsibilities involve optimizing cloud spending improving cost transparency and fostering financial accountability within an organization Key responsibilities include analyzing cloud usage implementing cost optimization strategies collaborating with various teams and communicating cost implications
Heres a more detailed breakdown
Key Responsibilities
Analyze cloud usage patterns identify costsaving opportunities and implement strategies to reduce and control cloud expenditures
Develop and maintain financial models to forecast cloud costs track spending against budgets and identify cost trends and anomalies
Partner with finance engineering and other stakeholders to communicate the cost implications of technical decisions and foster a costconscious culture
Build and maintain relationships with cloud vendors negotiate contracts and optimize pricing and service levels
Prepare reports and dashboards to track cloud spending and communicate cost optimization results to stakeholders
Drive the adoption of FinOps principles and best practices educate teams on costsaving strategies and promote a datafirst approach to cloud financial management
Help organizations set and maintain budgets for their cloud infrastructure ensuring they are not overspending and getting the most value out of their investment
The procurement team uses information provided by the FinOps team to identify the procurement and purchase of products and services within a cloud platform provider
Establish and maintain cost allocation and chargeback mechanisms to track and distribute cloud costs to the responsible departments or projects
Develop and maintain financial models to forecast cloud costs and track spending against budgets
Continuously monitor cloud usage and spending data to identify areas for optimization
Ensure adherence to relevant regulations and policies related to cloud spending and operations
Manage and mitigate potential risks associated with cloud vendors and their services
Develop and implement a robust program for cloud cost management including cost allocation tracking and management of cloud costs
Facilitate improved collaboration between finance engineering and other teams to ensure a shared understanding of cloud costs and how they impact business outcomes
Provide datadriven insights to support informed decisions about cloud spending and resource allocation
Focuses on financial tasks such as budgeting forecasting cost optimization and financial reporting
Develops and implements FinOps programs oversees cost management and drives cost optimization efforts
Implements and manages FinOps practices fostering a culture of cloud financial accountability
Focuses on the technical aspects of FinOps including monitoring data analysis and building tools for cost optimization
Cognizant
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