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Collide Capital: Portfolio Career Opportunities

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Cloud Cost Strategist

One

One

Bengaluru, Karnataka, India
Posted on Wednesday, November 22, 2023

About ONE

ONE's mission is simple — financial progress. We’re doing this by creating simple solutions to help our customers save, spend, and grow their money — all in one place.

The U.S. consumer today deserves better. Millions of Americans today can’t access credit, build savings or wealth, and are left to manage their financial lives through multiple disconnected apps. Almost a quarter of U.S. adults are unbanked or underbanked and roughly 80% of fintech users rely on multiple accounts to manage their finances.

What makes us unique? We are backed by a preeminent fintech investor (Ribbit) and the world’s largest retailer (Walmart), maintain the speed and independence of a startup, and employ a strong (and growing) collection of world-class talent.

There’s never been a better moment to build a business that helps people achieve financial progress. Come build with us!

The role

ONE is seeking a highly motivated and experienced FinOps professional to join our rapidly growing organization. As a part of the ONE team, you will be the central stakeholder in building and running a FinOps practice. Your primary responsibility will be to ensure optimal cloud financial controls and cost optimization, driving efficiency and accountability in cloud usage/spend. This is a cross-functional and strategic role that requires collaboration with leaders and stakeholders across the technology organization and the business to ensure proper coordination and execution of activities related to the delivery of FinOps cost management. Essential duties will include cloud budget and cost management with various applications and stakeholders. Present progress and cost savings key results to senior executives, highlight risks and decisions on Cloud FinOps and drive efficiencies in cloud consumption.

This individual will collaborate with leaders and stakeholders across the engineering and finance organizations to ensure proper coordination and execution of activities related to the delivery of FinOps cost management. Essential duties will include cloud budget and cost management with various applications and stakeholders, as well as program managing savings-driven changes. This role is a direct report to our Procurement and Partnerships Lead.

This role is responsible for:

  • Updating, advising and collaborating with senior and executive leadership regarding the ongoing alignment of the FinOps portfolio to the business and technology strategy

  • Working cross-functionally to devise a reporting and chargeback model for cloud costs

  • Recommending and tracking cost optimization opportunities

  • Providing weekly, monthly, quarterly, and annual reports of cloud consumption metrics with recommendations to drive savings and efficiencies

  • Accountable for meeting savings goals set by senior leadership

  • Working directly with our Operations, Finance, Legal, IT, and InfoSec teams to assess all new vendor requests

  • Supporting the evaluation, negotiation, and execution of third-party contracts with the business and financial interests of the organization in mind

  • Serving as the primary point of contact for cloud infrastructure vendors on all contractual matters and acting as the escalation point for all employees when communicating with vendor sales reps

  • Supporting the timely review and approval of procurement requests, making sure there is alignment across all key stakeholders, including company C-suite

  • Tracking and reporting on contractual commitments for our major vendors during recurring vendor reviews with key stakeholders

  • Providing recommendations on deal structure and often negotiating directly with vendors and employees until consensus has been reached

  • Supporting procedures for contract management and administration in compliance with company policy

You bring

  • Bachelor's degree in finance/technology.

  • 10+ years of industry experience in technology/technology finance management.

  • Technical background with an understanding of cloud and cloud costs.

  • Experience implementing cost optimization measures for cloud spend. Experience with rightsizing, reserved instances, and autoscaling infrastructure as cost management levers.

  • Ability to convert Financial reports into technical executable actions and track them.

  • Analytical and technical prowess. Proven ability to collect, organize, and analyze large financial and operational data sets. Advanced skills in SQL and Excel.

  • Strong team player with project management skills who can work well with both Engineering and non-engineering groups in a matrix organization.

  • Understanding of container technologies (Kubernetes, Docker).

  • Exceptional analytical, communication, conceptual thinking, and problem-solving capabilities.

  • Good facilitation and influencing skills.

  • Amazon Web Services (AWS) or FinOps Practitioner Certification desired.

  • Experience with relational databases, data extraction, data analysis, and cloud cost management tools.

  • Understanding of industry best practices related to Cloud resource tagging and tagging enforcement through automation.

  • An act-like-an-owner mentality. We have a bias toward taking action.

  • Strong negotiation skills. You never accept the first offer and understand the art of finding mutually beneficial solutions.

  • Previous experience with procurement and/or vendor management responsibilities or related experience.

  • Understanding of legal terminology, contract structures, and commercial terms.

  • Familiarity with creating a business case and risk/reward analysis.

Pay Transparency

The estimated annual base salary for this position ranges from $150,000 to $175,000. Pay is generally based upon the level, complexity, responsibility, and job duties / requirements of the specific position. We then source candidates with the requisite skills, expertise, education, training, and experience. If you are selected for an interview, please feel welcome to speak to a Talent Partner about our compensation philosophy and other available benefits.

Leveling Philosophy

In order to thoughtfully scale the company and avoid downstream inequities, we’ve adopted a flat titling structure at ONE. Though we may occasionally post a role externally with a prefix such as “Senior” to reflect the external level of the position, we do not use prefixes in titles like that internally unless in a position which manages a team. Internal titles typically include your specific functional responsibility, such as engineering, product management or sales, and often include additional descriptors to ensure clarity of role and placement within our organization (i.e. “Engineer, Platform”, “Sales, Business Development” or “Manager, Talent”). Employees are paid commensurate with their experience and the internal level within ONE.

Inclusion & Belonging

To build technology and products that are used and loved by people and solve real-world problems, we need to build a team with many different perspectives and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We encourage candidates from all backgrounds to apply. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us at talent@one.app.