FinOps Lead

Posted 07 February 2024
Salary £550 - £700 per day
LocationWest Midlands
Job type Contract
Discipline Change and Transformation
ReferenceBBBH161557_1707300925
Contact NameKieran Singh

Job description

  • 6 months initially
  • Hybrid, with the occasional travel into Birmingham
  • Inside IR35

Job Description

Our client is looking for a FinOps Lead to support with providing strategic leadership while supporting tactical execution and be responsible for leading a small team, managing technology costs of the organisation, and ensuring the delivery of identified savings initiatives.

The leader of this function will have responsibility for creating, sustaining, implementing, and adopting efficient and effective operating processes to support the financial needs for the portfolio. This individual will collaborate with leaders and stakeholders across the organisation to ensure coordination and execution of activities related to the delivery of technology projects. Essential duties will include managing governance around financial processes, articulating, and helping to define project direction and priorities, communicating project status and issues, and actively acting to reduce risk and resolve issues. In addition, the FinOps leader will support training and development specific to program delivery process, operational tools, and status reporting. The position requires significant interaction with cross-functional departments within the business, collaboration across the technology portfolio, and excellent communication and relationship management skills to influence and resolve issues.

Responsibilities include:

  • Advising and collaborating with senior and executive leadership to ensure continuous alignment of the portfolio with business and technology strategy.
  • Collaborating with business, technology, and finance teams to attain successful outcomes.
  • Ensuring portfolio compliance with delivery processes, IT Governance, and internal and external audit requirements and standards.
  • Applying best practices to develop operational and financial processes and procedures tailored to the needs of the technology team, finance team, and stakeholders.
  • Playing an active leadership role in coordinating the budget and funding process for the fiscal year, considering savings initiatives.
  • Managing and developing teams for success.
  • Overseeing vendor management and consolidation where appropriate.
  • Defining and managing financial and operational benefits during the portfolio life cycle and monitoring realisation.
  • Identifying, tracking, and resolving cross-portfolio dependencies and conflicts.
  • Serving as the point of escalation for stakeholders with issues directly related to financial operations.
  • Engaging with the business transformation team to ensure business continuity and control.
  • Presenting a consolidated view of costs across the business.
  • Participating in the Spend Control Tower implementation and ongoing operations.
  • Providing regular communication on improvements and achievements.
  • Collaborating with procurement, vendors, and other stakeholders on a new contract management solution.

Requirements:

  • Bachelor's degree or other related experience.
  • Substantial experience in the SaaS industry or business sector.
  • Ten years of combined experience in Operations and Finance, preferably concentrated in IT/Technology businesses.
  • Demonstrated success in managing sizeable portfolios involving multiple business stakeholders.
  • Proven track record of effectively overseeing and executing large-scale, cross-functional initiatives resulting in tangible outcomes, and/or top-tier consulting background.
  • Proficiency in implementing and upholding precise key performance indicators related to operational and financial best practices.
  • Exceptional leadership and organisational abilities.
  • Aptitude for strategic thinking in a structured manner, with the capacity to influence IT portfolio strategies, delivery, and recommendations.
  • Established reputation for cultivating relationships with senior leaders within a large, intricate organisation, adept at leveraging these connections to drive engagement and influence outcomes.
  • Excellent verbal, written communication, and presentation proficiency's.
  • Ability to collaborate effectively with both technology and subject matter experts within the business domain.

If the role above is suited to your experience, apply now or reach out to kieran.singh@investigo.co.uk