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Technical Business Analyst - FinOps

A Place For Mom

Technical Business Analyst - FinOps

New York, NY
Full Time
Paid
  • Responsibilities

    Job Description

    The Technical Business Analyst - FinOps is responsible for managing and
    optimizing the technology budget, overseeing significant vendor spends, and providing financial insights to technology leaders. This role focuses on budget management, vendor contract oversight, and delivering reporting to help understand and control organizational technology expenditures.

    The ideal candidate is someone who is able to blend analytical, technical, and financial
    skills with strong leadership and communication skills to drive project success and team
    performance. By combining these qualifications, a Technical Business Analysis in FinOps and Budget can effectively bridge the gap between finance and technology, driving strategic financial decision-making within the organization. This role requires a high level of cross-functional collaboration to ensure alignment across teams to deliver on high-level initiatives and reach company goals.

    Key Responsibilities:

    • Budget Management: Monitor and manage the technology budget, including forecasting, tracking expenditures, and ensuring alignment with financial goals.
    • Vendor Oversight: Oversee major vendor contracts and expenditures, such as AWS, ensuring cost-effectiveness and compliance with contractual terms.
    • Financial Reporting: Provide detailed financial reporting to technology leaders, offering insights into overall technology spend and helping to identify cost-saving opportunities.
    • Cost Analysis: Analyze and report on technology costs, including vendor spends and budget variances, to support financial decision-making and optimize resource allocation.
    • Process Improvement: Identify opportunities for process improvements in budget management and financial operations, implementing best practices to enhance efficiency.

    Key Deliverables:

    • Budget Oversight: Accurate and effective management of the technology budget, including tracking and forecasting.
    • Vendor Management: Efficient oversight of major vendor contracts and expenditures, ensuring cost control and compliance.
    • Financial Reporting: Comprehensive and actionable financial reports that provide insights into technology spending and identify cost-saving opportunities.
    • Cost Analysis: Detailed analysis of technology costs and budget variances to support financial decisions and optimize resource use.
    • Process Improvements: Implementation of best practices for financial operations and budget management to enhance overall efficiency.
  • Qualifications

    Qualifications

    Required Skills and Competencies:

    • Proficiency in tools such as SQL, Excel, Tableau, or Power BI for data analysis and visualization.
    • Ability to create and analyze financial models and forecasts.
    • Familiarity with budgeting and financial management tools (e.g. Adaptive Insights, Anaplan).
    • Knowledge of cloud financial management, cost optimization, and budgeting practices.
    • Experience in preparing financial reports and dashboards for stakeholders.
    • Strong analytical thinking to identify trends, risks, and opportunities in financial data.
    • Precision in analyzing financial data and ensuring accuracy in reporting.
    • Familiarity with Agile principles and experience in working with cross-functional teams.
    • Experience in eliciting, documenting, and managing business requirements.
    • Ability to communicate complex financial concepts to non-financial stakeholders.
    • Strong interpersonal skills for working with finance, IT, and operations teams.
    • Several years of experience in business analysis, finance, or related roles, preferably in a tech or cloud environment.
    • Experience in projects related to financial operations, budgeting, or cost management.
    • Relevant certifications in financial management, business analysis (e.g., CBAP), or cloud financial management can enhance credibility.
    • Bachelor’s Degree in Business Administration, Information Technology, Computer Science, or a related field is preferred.
    • Advanced degree or relevant certifications (e.g, CFA, CPA, or FinOps certifications can be advantageous.

    Additional Information

    Compensation

    • Base Salary: $115,000 to $135,000 + 10% Bonus
    • Benefits:
      • 401(k) plus match
      • Dental insurance
      • Health insurance
      • Vision Insurance
      • Paid Time Off

    All your information will be kept confidential according to EEO guidelines.

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  • Industry
    Hospital and Health Care