Cost Analyst

Azure Cost Analyst to manage and optimize our Azure cloud expenditures. The ideal candidate
needs to have a strong analytical background with expertise in cloud financial management,
particularly in Azure. This role will involve tracking, analyzing, and reporting on Azure costs,
working closely with cloud engineers and finance teams to identify cost-saving opportunities,
and implementing cost management best practices.
· Cost Analysis and Reporting: Monitor and analyze Azure spending, usage patterns,
and trends. Prepare detailed cost reports, dashboards, and insights for key
stakeholders.
· Forecasting and Budgeting: Collaborate with finance and IT teams to develop
accurate budget forecasts for Azure cloud expenditures, aligning with organizational
goals.
· Optimization Strategies: Identify and implement cost optimization strategies within
Azure, such as right-sizing resources, recommending reserved instances, and managing
unused resources.
· Governance and Policy Compliance: Develop and enforce governance policies
around Azure usage, ensuring compliance with budgeting and cost control policies.
· Usage and Spend Monitoring: Set up and manage alerts for abnormal spend or usage
spikes, conducting root cause analysis and recommending corrective actions.
· Chargeback and Showback Models: Design and implement chargeback or showback
models to allocate Azure costs to respective business units or projects, providing
visibility into spending.
· Azure Tagging: Work with cloud engineers to ensure proper tagging of Azure resources
for accurate cost allocation and reporting.
· Collaboration: Work closely with Azure architects, cloud engineers, and product teams
to align cloud resource usage with budget goals and business needs.
· Documentation and Training: Maintain documentation of cost management processes
and provide training to teams on Azure cost management best practices and tools.
Qualifications
· Educational Background: Bachelor’s degree in Finance, Computer Science,
Information Technology, or a related field.
· Experience:
o 3+ years of experience in cloud financial management or cost analysis role, with
a focus on Azure.
o Demonstrated expertise with Azure Cost Management and related financial tools
(e.g., Azure Cost Management + Billing, Power BI).
· Technical Skills:
o Proficiency in data analysis and visualization tools (e.g., Excel, Power BI, or
SQL) to create cost reports and insights.
o Strong knowledge of Azure services, pricing models, and optimization techniques
such as reserved instances, savings plans, and spot instances.
· Certifications: Azure Fundamentals, Azure Cost Management, or FinOps Certified
Practitioner preferred.
· Soft Skills:
o Excellent analytical and problem-solving skills, with a detail-oriented approach.
o Strong communication skills for presenting complex cost data and
recommendations to both technical and non-technical stakeholders.
o Ability to work collaboratively across departments to drive cost optimization
goals.