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Financial Analyst (FinOps)

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Reference 9379 Closing date 26/9/2024 Brand IAG Cargo Career area Ground Operations & Cargo Contract type Permanent Full Time Location IAG Cargo, London Download job description


Looking for a challenge in one of the world’s largest airfreight logistics organisations?

At IAG Cargo, we’re in the business of moving things. From antibiotics and rhinoceroses to gold bullion, avocados, and everything in between, whatever people need, wherever they are, IAG Cargo is there to bring them the necessary and niche.

As the logistics and cargo brand of International Airlines Group, you’ll work across the globally recognised brands of Aer Lingus, British Airways, Iberia, Level and Vueling.

As well as helping to keep the world’s economies turning, we believe in building a great place for our colleagues to work. Our people are determined, curious, collaborative and take huge pride in everything they do.

The role:

Financial Analyst (FinOps)

Overview of the role

To help IAG Cargo IT strike the best mix of cost, quality, and global technology – streamlining processes and maximizing financial performance by:

  • Supports Cargo IT with financial data, analysis, reporting and planning
  • Drives new processes and tooling in relation to Technology Business Management (IT activity cost tracking) and FinOps (cloud spending and usage)
  • Drives efficiencies in cost and utilisation across the whole IT estate

People/Relationship

  • Build, develop and maintain sustainable & respectful stakeholder and wider business, cross-IT and external partner relationships.

What you’ll do:

Cloud

  • Monitoring cloud usage and spending data to identify cost-saving opportunities
  • Developing and implementing strategies to optimize cloud costs
  • Analysing cloud usage patterns and trends to identify areas for optimization
  • Recommending changes to cloud service usage, pricing models, and purchasing options
  • Developing and maintaining financial models to forecast and track cloud costs
  • Working with cloud service providers to negotiate pricing and contracts
  • Collaborating with finance, operations, and technology teams to drive cost optimization initiatives
  • Creating reports and dashboards to track and communicate cloud cost optimization efforts to stakeholders

Business (Digital & IT)

  • Analysing the IT departmental spend and financial processes bring improved visibility of spend and identify cost-saving opportunities
  • Developing and maintaining metrics and reports to track the financial spend, efficiency and effectiveness IT
  • Conducting cost-benefit analysis to help prioritize and justify investments in new technologies or process improvements
  • Assisting in the creation and maintenance of policies, procedures, and controls related to IT financial operations and systems
  • Staying informed on industry trends, best practices, and emerging technologies related to finance operations in the IT field

This role may require travel and working from multiple sites/locations. Willing and able to travel to participate in meetings, workshops, and other related activities.

What you’ll bring to IAG Cargo:

  • Cloud computing expertise: A strong understanding of cloud computing services, including cloud infrastructure, software, and platform as a service (IaaS, SaaS, and PaaS), as well as experience working with major cloud service providers such as AWS
  • Cloud billing and Cost reporting knowledge: Working knowledge of third-party or cloud-native cloud cost reporting products and tools (e.g., CloudHealth, Cloudability, Cost Explorer, Azure Cost Mgmt+Billing). Understanding of public cloud provider billing methods and concepts
  • Accounting principles and Financial management skills: Knowledge of financial management principles and experience in financial analysis, budgeting, forecasting, and reporting. This includes experience in financial modeling and cost analysis.
  • Data analysis and advanced technical skills: Proficiency in data analysis tools and techniques, including data visualization, statistical analysis, and machine learning. Experience with SQL, Python, R, PowerShell, Terraform or similar automation/scripting languages/ data analysis tools
  • Data visualization, report development and presentation: Advanced reporting skills, experience developing custom reporting, dashboards, and visual output from data-driven systems. Experience developing reports for different audiences including up to Executive – and presenting reports and recommendations to Executive level audiences
  • Knowledge of industry regulations: Familiarity with industry regulations such as GDPR, HIPAA, and SOC 2 is also important, as they may impact cloud usage and cost optimization strategies.
  • Knowledge and understanding of change delivery principles and methodologies: Understanding of Waterfall delivery, Agile principles and Sprint Planning, including Scrum and Kanban planning/backlog tools (e.g., JIRA) and Product Development
  • Collaboration and communication skills: Strong communication and collaboration skills, able to work closely with cross-functional teams, including finance, operations, and technology, to achieve cost optimization goals
  • Fluent written and spoken English 

Your experience:

  • Strong background in finance and accounting
  • Experience of being responsible for analyzing cloud spend data to identify opportunities to optimize, and presenting these to budget owners / key stakeholders
  • Experience of working closely with Cloud Architects, DevOps teams, and Finance professionals, to ensure cloud spend and consumption are aligned to business objectives and financial goals
  • Experience in the definition and creation of processes, systems and relationships to drive data and insights
  • Experience developing financial dashboards and reports for multiple audience levels including senior management and Executive
  • Experience implementing and maintaining FinOps practices and methodologies, including knowledge of cost optimization frameworks such as AWS Well-Architected Framework,
  • Experience in the use of FinOps tools and platforms
  • Experience of operating across multiple countries is desirable, but not essential

What we offer:

Wherever you work within IAG Cargo, you’ll play a part in connecting people and countries and join a diverse and inclusive business that’s making a difference to the future of aviation.

Colleagues working for IAG Cargo:

  • Benefit from attractive and competitive rewards aligned to the local market and role.
  • From the day you join us, you’ll get access to brilliant staff travel benefits including unlimited basic and premium standby tickets on British Airways and group airlines. You’ll also receive up to 30 discounted ‘Hotline’ airfares per year for yourself, friends, and family.
  • Work with diverse colleagues in a business that truly values inclusion and diversity.
  • Are valued for their ideas and opinions.
  • Benefit from opportunities for development and progression.
  • Are able to support communities across the world, and close to home.
  • Work in an environment in which safety and wellbeing are paramount.

Equity, Diversity and Inclusion

Our recruitment procedures positively support our equity, diversity, and inclusion agenda.

All candidates are considered strictly on their merits in relation to the criteria for the role, treated fairly and consistently and have their individual needs responded to throughout the process.

Please advise us if you require any reasonable adjustments to take part in the recruitment process so we’re able to remove any barriers that may present themselves.

To apply for the position of Financial Analyst (FinOps) , please use the ‘apply now’ function.

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