IT Financial Operations Analyst (FinOps)

Reposted 7 Days Ago
Be an Early Applicant
Toronto, ON, CAN
In-Office
54K-77K Annually
Mid level
Insurance • Financial Services
The Role
The FinOps Analyst manages cloud service financials, ensuring transparency, cost optimization, governance, and effective forecasting in collaboration with various teams.
Summary Generated by Built In
Career Opportunity

Role Title

IT Financial Operations Analyst (FinOps)

Purpose of role

The FinOps Analyst is responsible for the financial stewardship of Foresters cloud environments, ensuring cost transparency, accurate forecasting, disciplined optimizations and ensuring Foresters extracts the anticipated business value from the cloud services it is purchasing. The role supports the Foresters FinOps operating model by enabling daily cost visibility, improving forecast accuracy, and executing ongoing optimization activities such as rightsizing, idle cleanup, storage lifecycle management, and commitment optimization.
The role partners closely with IT Cloud and Infrastructure Services team, IT Operations leadership, Finance, Procurement, and vendor management to optimize technology spend, enhance accountability, and support strategic decision making.

Job Description

Key Responsibilities

INFORM – Transparency & Reporting

  • Build and maintain near real-time cloud cost dashboards
  • Establish cost allocation by application, owner, and cost center
  • Enable anomaly detection and spend alerting

OPTIMIZE – Continuous Cost Management

  • Execute optimization playbooks (rightsizing, idle cleanup, storage lifecycle) for cloud subscriptions
  • Support weekly optimization sprints
  • Manage commitment analysis (Reservations, Savings Plans)

OPERATE – Governance & Predictability

  • Support monthly forecast vs actual cost expenditure reviews
  • Improve forecast accuracy through driver-based models
  • Enable workload cost ownership and unit economics pilots
  • Participate in and recommend FinOps gateways as part of DevOps pipeline
  • Ensure new systems and cloud services come online with development, security and financial standards fully confirmed
Key Qualifications
  • Education (minimum required): Bachelor’s or equivalent degree in Finance, Business, IT, or related field
  • Experience (minimum required): 3–5 years’ experience in IT financial management, FinOps, IT operations, or technology budgeting
  • Experience working with cloud financial models (Azure, AWS)
  • Strong understanding of IT service delivery models, asset management, and vendor management
  • Experience in IT Operations financial oversight in a large enterprise is highly desirable
  • Advanced Excel/Power BI financial modeling and analytics
  • FinOps Certified Practitioner preferred.

#LI-Hybrid

Salary Range:

$54,000.00 - $77,000.00

 

The actual base salary for this position will depend on several factors, including job-related skills, experience, and education. In addition to base pay, eligible employees may participate in a discretionary variable incentive plan, results are subject to both individual and company performance.

Please note that this posting is intended to fill an existing vacancy; however, there may be instances where more than one vacancy is available for the same role.

Equal Opportunity Employment and Inclusion – at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all our employees can show up wholly and authentically as themselves.

Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process, please email [email protected] in advance of your appointment.

Thank you for choosing Foresters. Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team.

Skills Required

  • Bachelor's or equivalent degree in Finance, Business, IT, or related field
  • 3-5 years' experience in IT financial management, FinOps, IT operations, or technology budgeting
  • Experience working with cloud financial models (Azure, AWS)
  • Strong understanding of IT service delivery models, asset management, and vendor management
  • Experience in IT Operations financial oversight in a large enterprise
  • FinOps Certified Practitioner
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Toronto, Ontario
1,509 Employees
Year Founded: 1874

What We Do

Foresters Financial is redefining the life insurance and individual savings industry across the U.S., Canada and UK by enriching the lives, communities, and overall well-being of its members. Agents and members alike appreciate the turnkey-decisioned product offerings and end-to-end digitized processes that make it easy to get life insurance without traditional medical exams. State-of-the-art mobile tools help agents deliver tailored plans to prospective and current members. Dedicated to its members’ well-being, Foresters offers a suite of member benefits and is redefining the conventional life insurance model, bringing improved financial security and overall wellness to everyday North American families. Foresters recently merged with Canada Protection Plan to become a leading life insurance distributor in Canada. Foresters Financial is the trade name for The Independent Order of Foresters, the oldest non-denominational fraternal benefit society. For 23 straight years, The Independent Order of Foresters has received an “A” (Excellent) rating from A.M. Best.

Similar Jobs

TransUnion Logo TransUnion

Sr. Director, Solutions Consulting - Canada Credit Risk Solutions

Big Data • Fintech • Information Technology • Business Intelligence • Financial Services • Cybersecurity • Big Data Analytics
Hybrid
2 Locations
13000 Employees
210K-316K Annually

Arm Logo Arm

Design Engineer

Artificial Intelligence • Internet of Things • Semiconductor
Hybrid
Toronto, ON, CAN
8314 Employees
228K-308K Annually

Samsara Logo Samsara

Staff Mobile Engineer - Mobile Platform

Artificial Intelligence • Cloud • Computer Vision • Hardware • Internet of Things • Software
Easy Apply
Remote or Hybrid
Canada
4000 Employees
155K-213K Annually

Samsara Logo Samsara

Financial Analyst

Artificial Intelligence • Cloud • Computer Vision • Hardware • Internet of Things • Software
Easy Apply
Remote or Hybrid
Canada
4000 Employees
68K-88K Annually

Similar Companies Hiring

Rain Thumbnail
Blockchain • Fintech • Payments • Financial Services • Cryptocurrency • Web3 • Infrastructure as a Service (IaaS)
New York, NY
100 Employees
Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account