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Cloud Financial Operations Director
Cloud Financial Operations DirectorQAD, Inc. • Philadelphia, Pennsylvania, USA
Cloud Financial Operations Director

Cloud Financial Operations Director

QAD, Inc. • Philadelphia, Pennsylvania, USA
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The Cloud Financial Operations Director will be responsible for developing and leading QADs FinOps practice.  This leader will drive cost optimization improve financial visibility and establish a culture of financial accountability across our cloud operations support and other business teams.  This is a highly collaborative role that requires a blend of technical expertise financial acumen and strong communication skills.

The selected candidate must work / reside in the Eastern or Central time zone in the U.S.

Key Responsibilities

Subscription Gross Margin Analysis modelling and monitoring of subscription gross margins and unit economics including hosting customer support and cloud operations spend.

Value Creation Workstream :   Program Manage our VCP workstream moving from various hosting providers and old versions to a single version on a single modern multi-tenant platform.  Lead the financial planning and outcome controlling / monitoring of the impact of the efficiency actions we will execute on across cloud hosting support and cloud operations.

5 Year Financial Model :   Develop and maintain a five year financial model for cloud hosting costs and subscription margins to support strategic planning and long-term business goals.  Model expected margin improvements based on strategic initiatives and then monitor the results.

Lead FinOps Strategy : Develop implement and manage QADs FinOps strategy including policies processes and best practices.

Cost Management & Optimization :   Actively monitor cloud hosting costs on a daily basis to identify anomalies and provide real-time recommendations for cost reduction and efficiency.  Drive cost optimization initiatives across all major cloud providers (AWS Azure GCP).

Financial Visibility & Reporting : Create and maintain dashboards and reports to provide clear actionable insights into cloud spend for engineering finance and leadership teams.

Budgeting & Forecasting : Collaborate with engineering and finance to develop and manage cloud budgets and forecasts

Resource Governance : Establish and enforce tagging naming conventions and other resource governance policies to ensure accurate cost allocation and reporting.

Stakeholder Collaboration : Partner with engineering product finance and procurement teams to embed FinOps principles into the software development lifecycle.

Tooling & Automation : Evaluate and implement FinOps tools and automation solutions (eg CloudZero) to improve efficiency and accuracy.

Education & Evangelism : Champion FinOps best practices across the organization providing training and guidance to various teams.

Cloud Vendor Management : Work closely with cloud provider account teams to understand and leverage discounts reserved instances and other cost-saving programs.

Qualifications :

  • Professional degree : Bachelors degree in Finance Accounting Economics or related field
  • Graduate Program (MBA MIB or Masters) : Additional certifications like CFA CPA or CMA is a plus.
  • FinOps Certified Practitioner or other relevant cloud certifications are highly desirable .
  • 5 years of experience in a FinOps Cloud Financial Management or similar role.
  • Cloud Expertise : Deep understanding of one or more major cloud platforms (AWS Azure GCP) including their pricing models services and cost management tools.

Technical Skills : Fluency in FinOps and cloud management tools like CloudZero.  Proficiency with data analysis and visualization tools (e.g. Excel Tableau Power BI) for complex modeling.

Financial Acumen : Strong understanding of financial concepts budgeting and forecasting.

Collaboration : Proven ability to work effectively in a cross-functional collaborative environment.

Communication : Excellent verbal and written communication skills with the ability to translate complex technical and financial information into clear concise insights for diverse audiences.

Additional Information :

Whats in it for you..

Your health and well being are important to us at QAD. We provide programs that help you strike a healthy work life balance.

Opportunity to join a growing business focused on key growth segments launching into its next phase of expansion and transformation.

Collaborative culture of smart and hard-working people who support one another to get the job done.

An atmosphere of growth and opportunity where idea-sharing is always prioritized over level or hierarchy.

Comprehensive Compensation package

Compensation Package :

  • Base pay range :   $00 USD Annual (12 Months) base salary bonus plan
  • Placement within our pay range will vary based on knowledge skills experience and market location variations as well as internal peer equity.
  • U.S. benefits package includes medical dental and vision coverage a 401(k) plan with company match short-term and long-term disability coverage life insurance paid-time off parental leave and well-being programs.
  • About QAD :

    QAD Inc. is a leading provider of adaptive cloud-based enterprise software and services for global manufacturing companies. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer order to survive and thrive manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive life sciences packaging consumer products food and beverage high tech and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.

    QAD is committed to ensuring that every employee feels they work in an environment that values their contributions respects their unique perspectives and provides opportunities for growth regardless of background. QADs DEI program is driving higher levels of diversity equity and inclusion so that employees can bring their whole self to work.

    We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race color sex age national origin religion sexual orientation gender identity status as a veteran and basis of disability or any other federal state or local protected class.

    #LI-Remote

    Remote Work : Yes

    Employment Type : Full-time

    Key Skills

    Employee Relations,Employee Evaluation,Management Experience,Profit & Loss,Conflict Management,Operations Management,Project Management,Budgeting,Leadership Experience,Supervising Experience,Leadership management,Financial Planning

    Department / Functional Area : Finance

    Experience : years

    Vacancy : 1

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