About this role
Job title: Analyst - Cloud FinOps
About the Role Cloud FinOps Analyst will lead the cloud cost management across 10 different entities (including Visa) and any additional M&A entities. They will help identify and implement cost optimization opportunities across the footprint and resource utilization tracking for various cloud services. Key stakeholders include all M&A entities, engineering & finance teams, Visa engineering, architecture, and finance teams for implementation of optimizations and executives for alignment on cloud & AI strategy and governance. They will help in defining AI governance (AI usage, cost tracking, efficiency analysis, monthly and daily reporting of costs and drivers).
What You'll Do
- Cost Analysis: Analyze cloud usage and cost trends, identify cost drivers, and provide actionable recommendations for cost optimization.
- Optimization strategies: Develop and implement strategies for optimizing cloud resources, including right-sizing of compute, storage, database, and other services, utilizing cost-effective services.
- Budget Management: Work closely with project teams to establish and manage cloud budgets, ensuring alignment with organization OKRs, implement effective cost management and optimization strategies. Develop and maintain financial models for cloud cost allocation. Set and Track budgets as per business unit requirements (by Account, by Project, by cost centers etc.).
- Forecasting: Collaborate with stakeholders to forecast future cloud & AI usage and costs for existing workloads and new projects/applications which can be moved from on-premises datacenters to cloud, providing insights in budget planning and resource allocation. Monitor and report on cloud expenses, forecast future costs.
- Vendor Negotiation: Engage with Cloud service providers to negotiate favorable pricing and contractual terms to optimize costs.
- Policy Development: Establish and enforce cloud & AI cost management policies, guidelines, and best practices across organization.
- Continuous monitoring: Implement monitoring mechanisms to track cloud & AI costs in real time and proactively address anomalies and deviations from budgetary expectations.
- Reporting: Generate regular reports and dashboards to communicate cost-related insights, trends, and recommendations to management and relevant stakeholders.
- Stay updated: Keep abreast of industry trends, new cloud services, and pricing models to ensure the organization remains cost effective and competitive.