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FinOps Operational Analyst

Page Group
Job LocationBirmingham
EducationNot Mentioned
SalarySalary negotiable
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time or part-time

Job Description

An exciting opportunity has arisen for a FinOps Operational Analyst to join a large IT services business based in the UK. This is a hybrid working role based in Birmingham.Client DetailsThe FinOps Operational Analyst will be responsible for optimising financial processes, streamlining procurement workflows, managing contract details, and ensuring cost accountability. The role holder will develop, implement, and manage financial operationsprocesses and procedures, in conjunction with the Financial Analyst. The ideal candidate will have a thorough understanding of the FinOps function, excellent problem-solving skills, and the ability to manage multiple tasks effectively.This role reports directly to the FinOps Lead.DescriptionWhat you will be doingOperational Analyst responsibilities include:

  • Deep-dive cost management of all existing suppliers by product and customer.
  • Build structure to track costs and savings across spend categories, including costs associated to new revenue.
  • Develop savings initiatives, report savings targets and track progress of initiatives.
  • Actively manage and review large spend pools to identify savings opportunities.
  • Track progress of initiatives and report update to leam leads.
  • Key contract understanding - commercial terms, tracking invoices and billing reports against planned spend.
  • Examine spending trends, and opportunities for savings, and advise with specific recommendations for improvement.
  • Oversee daily validation and approval of purchase orders.
  • Collaborate with product admins to implement workflows (e.g. Service Now).
  • Engage with procurement for contract management solutions, centralisation, and port details.
  • Ensure cost management and accountability to directors of engineering.
  • Monitor the day-to-day processes including alignment with the data, operations, and budgets.
  • Build and maintain collaborative relationships with key vendors.
  • Support internal and external audits.
ProfileWhat you will have
  • Financial analysis experience.
  • Purchase order management experience.
  • Good numerical understanding, strong Excel skills and detail-oriented.
  • Stakeholder management experience.
  • Creative problem solver as well as a proactive team player.
  • Excellent verbal, written communication, and presentation skills.
  • Ability to work with both technology and subject matter experts in the business.
  • Commercially astute.
  • Ability to manage conflicts and offer suitable resolutions.
  • Experience of managing multiple relationships in a fast-paced environment.
  • Proven ability to work creatively and analytically in a problem-solving environment.
  • Able to work on own initiative, making effective decisions and collaborate within a team dynamic.
  • A positive flexible attitude.
Job Offer
  • Hybrid working role
  • Competitive day rate

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