Cloud FinOps Finance Lead
Chicago, IL - USA
Job Summary
About Northern Trust:
Northern Trust a Fortune 500 company is a globally recognized award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the worlds most successful individuals families and institutions by remaining true to our enduring principles of service expertise and integrity. With more than 130 years of financial experience and over 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.
The Cloud FinOps Finance Lead is a strategic finance leader responsible for driving financial planning cost governance forecasting accuracy and analytical insight across the organizations cloud portfolio (Azure AWS Snowflake and related platforms). This role partners closely with Technology Cloud Engineering Procurement and Business Unit CFO teams to ensure financial discipline improve cost transparency and support investment decisions across cloud consumption migrations and modernization initiatives.
The Cloud FinOps Finance Lead will oversee cloud financial frameworks enable cloudcost optimization guide budgeting processes and provide timely insights to senior leadership to support decisionmaking in a rapidly expanding and evolving cloud environment.
Key Responsibilities:
Cloud Financial Planning & Analysis
- Lead monthly/quarterly cloud forecasting variance analysis and longrange planning across multiple cloud providers.
- Maintain and enhance cloud cost models demand forecasting methodologies and productivity assumptions.
- Partner with Technology Finance and CIO organizations to align cloud demand with enterprise budget constraints and strategic priorities.
- Translate complex cloud usage patterns into clear financial impacts for nontechnical stakeholders.
Cost Governance & Optimization
- Build and maintain frameworks for cloud cost governance including spend controls tagging hygiene and savings accountability.
- Identify costoptimization opportunities such as reserved instances rightsizing storage optimization and platform consolidation.
- Work with FinOps Cloud Engineering and Infrastructure teams to operationalize optimization recommendations.
- Ensure expense governance aligns with architectural policies and funding protocols.
Investment & Business Case Support
- Evaluate cloud migration proposals and prepare financial business cases including:
- costtomigrate
- runrate cloud expense versus onprem costs
- TCO benefits
- contract and licensing implications
- Model sensitivities risks and capital/expense impacts associated with largescale cloud initiatives.
- Partner with Procurement on cloudrelated vendor negotiations and renewals.
Financial Reporting & Insights
- Create executivelevel reporting on cloud KPIs consumption trends efficiency metrics and spend drivers.
- Develop and maintain dashboards to support transparency across CIO organizations and Steering Committees.
- Monitor and report progress relative to cloud productivity targets and demand reduction initiatives.
CrossFunctional Leadership
- Partner with Cloud Engineering Architecture Security and Product teams to understand upcoming migrations platform requirements and financial implications.
- Act as the finance representative in crossfunctional cloud governance forums.
- Provide guidance to BU partners on cloud forecasting cost drivers and financial accountability.
Success Measures
- Forecast accuracy across cloud consumption and productivity targets.
- Improved financial transparency and cost discipline within cloud spending.
- Timely highquality insights enabling leadership decisionmaking.
- Effectiveness of cloud cost optimization efforts and governance processes.
- Strength of crossfunctional relationships and trust in the cloud finance function.
Qualifications:
Required
- Bachelors degree in Finance Accounting Economics Engineering or related field.
- 10-15 years of experience in FP&A Technology Finance or related financial leadership roles.
- CPA CFA MBA or FinOps Certification.
- Strong understanding of cloud economics (Azure AWS Snowflake etc.) or a willingness to rapidly learn.
- Demonstrated ability to interpret complex technical concepts into financial outcomes.
- Advanced financial modeling forecasting and analytical skills.
- Experience interacting with senior leaders and influencing crossfunctional decision-making.
Preferred
- Knowledge of FinOps principles and cloud governance frameworks.
- Experience with cloud reporting tools (e.g. Apptio/Cloudability/Flexera native CSP cost management tools).
- Prior work supporting cloud migrations modernization initiatives or technology portfolios.
Working Model: Hybrid (#LI-Hybrid)
We have a balanced hybrid working model to ensure you get the flexibility you need and the successful candidate will spend their time between working in the office and working from home.
Salary Range:
$114700 - 194900 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension) health and welfare benefits (medical dental vision spending accounts and disability) paid time off parental and caregiver leave life & accident insurance and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged senior leaders are accessible and you can take pride in working for a company committed to assisting the communities we serve!Join a workplace with a greater purpose.
Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply today.#MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process please email our HR Service Center at .
We hope youre excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
About Company
Discover Northern Trust’s trusted financial services for individuals, families, and institutions. Guided by service, expertise, and integrity since 1889, we offer wealth management, asset servicing, and investment solutions tailored to your goals.