Senior Manager, Cloud Economics & Finance

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Finance

Pay Details:
$108,800 - $163,200 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

We are seeking a strong Cloud FinOps professional with experience in Finance, cloud data technical knowledge, and leadership roles. The ability to lead and influence people, understand numbers, analyze data for insights and business decisioning, and communicate effectively are critical skills for success in this role.

You will be responsible for leading a team of analysts that work with various data sources and use analytics, results to gain financial and operational insights and then communicate the insights to various parts of the business.

This requires comfort in deep diving into cost drivers and analyzing variance root causes. You will collaborate with our technology and business leaders to understand cloud consumption, drive continuous cost efficiencies and align cloud spending with business objectives. This will include monitoring cloud usage and spending data to identify cost -saving opportunities.

Leadership:

• Collaborate with various infrastructure & Finance teams to analyze to understand cloud usage patterns and identify areas for cost efficiency .cloud costs, identify optimization opportunities, determine variance cause, and provide transparency into results.

• Serve as a strategic partner with stakeholders on cost initiatives and to align cloud strategy with broader financial goals.

• Partner with leaders across the business and tech organization to provide insightful analysis and influence around infrastructure costs. This includes modeling of costs and impact to Cost to serve (CTS) and margins.

• Foster a culture of cost accountability among teams by staying updated on Cloud's evolving service offerings, trends, pricing models, and driving implementation of FinOps best practices to enhance efficiency.

• Distribute FinOps processes to tech teams and Mentor others with suggested improvements to improve cost efficiency

• Drive and scale continuous cloud cost optimization by implementing frameworks, processes, and solutions

Cost management & efficiency:

• Day to day oversight of cloud Finops and understanding of Cloud budget.

• Analyze, report, and produce significant insights from large raw datasets within cloud billing and usage tools, data lake, etc; communicate the insights in a way that resonates with partners.

• Lead data analysis of cloud expenditure to identify trends, anomalies, unplanned spikes, and investigate root cause of variances while improving processes to prevent recurring issues.

• Prepare monthly Cloud Financial management reporting with key insights on consumption, show back, savings and assist with budget alignment across teams.

• Perform analysis to support initiative and decisions with adhoc financial modeling and analysis as needed

• Drive the cloud efficiency and optimization for savings and cost avoidances, Develop processes and reports to track and report key cloud efficiency information/metrics.

• Participate in application/ resource review to ensure adherence to cost savings wherever applicable.

• Provide expert knowledge on cloud cost optimization strategies (utilization, rightsizing, scheduling, modernization etc.) and collaborate with Engineering teams to implement solutions.

Reporting and Visibility:

• Provide timely and regular insightful reporting on costs and cost savings opportunities

• Provide strategic reports on business metrics (Cost to Serve, Unit costs, capacity usage, etc.) with recommendations that drive realization of cloud value

• Develop reporting to increase visibility - show back models, cost allocation process, unit cost analysis, cost drivers and by reducing Untagged / unattributed costs, and maintaining cloud optimization opportunity inventory to track impacts and metrics

• Work with internal automation teams to define workflows that allow teams to self-serve reporting, automating KPI reporting and recommend enhancements that simplify budget management processes.

Planning and Forecasting:

• Partner with Finance team to create Budgets and to achieve financial goals.

• Build financial models for projecting cloud costs, ensuring accurate cost estimation, budgeting, forecasting and identification of savings opportunities.

• Partner with the Tech teams to understand their current cloud spend, and deliver accurate budgets and forecasts based on their business drivers and roadmap.

• Collaborate with capacity teams to develop cost models for new initiatives and influencing business decisions.

• Develop tools and processes for effective Budget operations.

Required Skills:

• A related technical degree required.

• 5+ years of proven financial analysis, reporting, modeling and forecasting experience

• Ability to use AI capabilities

• Demonstrated experience in driving cloud cost campaign programs, and influencing partners to take action.

• Ability to interpret and present data in a visually compelling format to financial and non-financial audiences

• Exceptional communication skills and ability to tell a story with numbers

• Data Analysis skills including queries and building cost forecast models

• Experience building and maintaining data visualizations using tools like Tableau, PowerBI

• Proven experience with data query tools and spreadsheet features to enhance financial analysis and automate repetitive tasks

• Experience with Public cloud financial tools and cost management for Azure, Google, On premise VM options

• Solid understanding of FinOps principles and standard processes

Desired Skills/Experience:

• Experience handling major cost-saving projects from inception through post-implementations

• FinOps certified practitioner

• Azure / Google / AWS certification or consumption / operating knowledge

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development
If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):
Sans Objet