Senior IT Budget And Vendor Management Specialist (Cloud FinOps)

OBJECTIVES
We are seeking a detail-oriented Senior IT Budget and Vendor Management Specialist to
drive financial and operational efficiency across FEC's multi-cloud environment. The role will
be responsible for managing cloud budgets and forecasts, monitoring and optimizing cloud
costs and resource utilization, establishing cloud governance and financial controls, and
driving cost optimization initiatives across platforms such as AWS and OCI. In addition, the
role will oversee cloud vendor performance, contracts, subscriptions, billing reconciliation,
and service governance throughout the cloud lifecycle. The ideal candidate will possess
strong analytical and financial management capabilities, together with solid knowledge of
cloud pricing models, FinOps practices, resource optimization, and multi-cloud operations.
JOB DESCRIPTION
FinOps
• Manage annual IT operational and investment budgets across multi-cloud
environments, including AWS, OCI, VNG, CMC, and other cloud providers.
• Budget Planning: Support annual IT budget planning activities based on the IT
portfolio, strategic initiatives, and business priorities.
• Perform forecasting, variance analysis, and monthly/quarterly financial tracking.
• Allocate cloud costs to the appropriate business units and projects through
chargeback/showback mechanisms based on CUR data.
• Manage Savings Plans and Reserved Instances, including coverage analysis,
break-even point assessment, and purchase/renewal recommendations.
• Review right-sizing recommendations and identify and remediate underutilized or
wasteful cloud resources.
• Monitor Extended Support and End-of-Support timelines and proactively
coordinate with relevant teams on upgrades.
• Establish and maintain tagging policies, budget alerts, governance controls, and
daily cost anomaly monitoring.
Vendor Management
• Vendor Lifecycle Oversight: Support vendor onboarding & offboarding process,
as well as the ongoing governance of IT vendors across cloud service.
• Contract Management & Negotiation: Monitor contract renewal schedules and
vendor payments; support negotiating new and renewal contracts with vendors to
secure optimal terms, pricing, KPIs and service-level agreements (SLAs) while
minimizing risk.
• Performance Monitoring: Track vendor performance against defined SLAs &
KPIs. Manage service issues, escalate when necessary, and coordinate periodic
service and performance reviews.
• Vendor Relationship Management: Act as the primary liaison between internal
IT/business stakeholders and external vendors, ensuring alignment with strategic
goals and expectations.
• Risk & Compliance: Collaborate with relevant teams to ensure vendor
engagements comply with internal policies and regulatory requirements.
• Governance Reporting: Develop & maintain vendor scorecards, risk registers,
and documentation to support internal governance and IT vendor risk oversight.
Governance & Controls
• Review and approve requests to provision/decommission cloud resources and
open/close cloud accounts based on required documentation, including
architecture diagrams, cost estimates, and relevant approvals.
• Assess the technical and financial suitability of proposed architectures and
estimated costs for new projects or change requests prior to implementation.
• Manage the onboarding process for new projects onto cloud environments,
including PoC and production environments.
Reporting & Stakeholder Collaboration
• Prepare monthly operational reports covering cloud costs, incidents, optimization
initiatives, and remaining budgets.
• Lead monthly operational reviews with cloud vendors.
• Collaborate with Infrastructure, Security, Procurement, and Finance teams to
resolve cloud-related issues.
• Manage subscriptions and licenses for AI/productivity tools, including usage
monitoring, provisioning, and deprovisioning.
Other
• Procurement related task: Monitor and follow on TAT of IT procurement/payment
requests.
• Ad-hoc tasks assigned by Line Manager.