At PNC, the business and technical problem is to optimize cloud spending, ensure cost-effectiveness, and align cloud expenses with business objectives through effective Cloud Financial Management (FinOps). This involves analyzing cloud usage patterns, identifying cost efficiencies, managing billing, forecasting expenses, and providing transparency into cloud costs across the organization.
Requirements
- In-depth knowledge of cloud providers (AWS, Azure, & Google Cloud) and their pricing models, services, and billing structures.
- Strong understanding of financial modeling, cost allocation, forecasting, and budgeting, with experience managing cloud budgets and optimizing spending.
- Experience in implementing FinOps principles (cloud financial operations) to optimize cloud costs and foster collaboration between finance, operations, and engineering teams.
- Familiarity with cloud financial management tools such as Apptio.
- Experience with automation frameworks and tools that help optimize cloud financial management processes.
- Understanding of cloud infrastructure, services, and best practices to collaborate effectively with technical teams and identify areas for cost optimization.
- Cloud Cost Management Tools such as Apptio
Responsibilities
- Oversee the overall Cloud FinOps strategy for cloud resources, ensuring that the organization optimizes cloud spending.
- Continuously monitor cloud spending trends and provide recommendations on cost reduction opportunities.
- Manage cloud billing, including tracking usage patterns, analyzing cost reports, and ensuring accurate billing reconciliation.
- Develop and maintain financial forecasting models for cloud costs, helping the organization predict future cloud expenses based on current usage patterns and anticipated growth.
- Provide visibility into cloud expenses across business units and departments, ensuring that costs are allocated correctly (e.g., showback or chargeback models)
- Implement cost allocation strategies (e.g., using tags, cost centers, or business units) to assign cloud expenses to the appropriate teams or departments.
- Set up cloud financial dashboards that provide real-time visibility into costs, resource usage, and trends.
Other
- Responsible for end-to-end business and financial results for multi-faceted, complex products through the selection, design, development and promotion of new and existing products utilizing traditional and emerging capabilities in technology, operations, and data analytics to offer customers a differentiated product experience.
- Uses knowledge of emerging technologies to deliver products to customers through all applicable channels.
- Monitors the marketplace to assess product, technology, and markets trends to identify a market need or opportunity.
- Partners with key stakeholders including sales, marketing, digital channel delivery, and other internal service partners.
- Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
