Cloud FinOps Lead

Cloud FinOps Lead Bangalore, Karnataka, India

AXA XL Global Technology (GT) division is going through significant transformation including simplification of applications landscape across geographies and business units, Cloud transformation and migration to strategic platforms, as well as operating model transformation to support upcoming technological and business process changes. These include setting modernized standards, new technologies, increased level of automation and new ways of working. As part of Cloud Transformation, Cloud FinOps main goal is to ensure that AXA XL’s Cloud spend is well understood, governed and managed. Cloud FinOps Lead is a crucial role in the organization, with primary responsibility to manage Cloud cost optimization strategies and resource allocation, aiming for efficient and cost-effective business processes. They play a vital role in financial planning and analysis, monitoring and communicating key performance indicators for management to make data-driven decisions, oversee and guide the FinOps team, ensuring seamless collaboration with other teams such as application development, architecture, financial accounting, and management.

DISCOVER your opportunity

What will your essential responsibilities include?

• Develop and implement FinOps frameworks, including policies, processes, and best practices, to ensure effective cloud financial management aligned with organizational goals. Collaborate with architects, application delivery, cloud engineers, DevOps, finance, and procurement teams to enhance integration of FinOps principles and promoting responsible cloud usage.
• Create financial dashboards, provide insights and forecasts to senior stakeholders, and foster a culture of cloud financial responsibility through training. Manage Azure cloud service budgets, participate in CSP negotiations via Procurement, and conduct regular FinOps maturity assessments to drive continuous improvement.
• Report on accuracy, policy compliance and leading initiatives to enhance cloud financial management in line with industry best practices and assigned budget. Build and implement data-driven reporting allowing to identify cost-saving opportunities, optimizing resources, and tracking utilization for efficiency. Provide regular, timely, transparent and accurate cloud consumption costing information to management team and recommendations for optimization.
• Outline, communicate and foster R&R ownership and governance across teams (application development, architecture, finance, management, business) in order to optimize synergies and encourage joint goals. Assist building of the FinOps community within application teams to increase maturity and ensure they have the Fin / Ops knowledge they need to be responsible for their own costs.
• Maintain AXA XL Cloud business case to ensure that cost forecasts are maintained for the IT estate over the migration period ) and that we can achieve run rate savings, this includes :

oMaintaining average cost profiles of applications migrating to cloud and then updating cloud cost forecasts in line with migrations

oAssist with yearly budget process to ensure budget requests are in line with the business case forecasts

You will report to AXA Xl's Global Head of IT operations.

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We’re looking for someone who has these abilities and skills :

Required Skills and Abilities :

Desired Skills and Abilities :

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re / insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

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