Full-Time

Cloud Finops Budgeting and Reporting Analyst

Confirmed live in the last 24 hours

Medline

Medline

5,001-10,000 employees

Provider of medical supplies and healthcare solutions

Healthcare

Mid

Northbrook, IL, USA

Must be based in a Medline facility 3 days a week.

Category
Financial Analysis
Financial Planning
Accounting
Required Skills
Microsoft Azure
Financial analysis
Data Analysis
Requirements
  • At least 4+ years of professional experience in relevant skillsets
  • At least 2+ years of professional working experience in facilitating budgetary meetings with stakeholders and finance, for the purpose of aligning spend to budgets, highlighting deviations, and developing remediation strategies.
  • Proven experience in budgeting, forecasting, and financial analysis.
  • Extensive experience working with Excel and other data analysis tools with financial data.
  • FinOps experience or an IT infrastructure background with a desire to learn FinOps practices and principles.
  • Strong experience and understanding of Cloud FinOps
  • Knowledge of the core Finance principles and basic understanding of the corporate accounting process (forecast, invoicing, showback, accruals…etc.)
  • Ability to properly structure, model, and visualize cloud platform data to support decision making
  • Strong project management skills with a track record of successful project delivery.
  • Interpersonal, consultative, and facilitation skills, coupled with analytical thinking and problem-solving skills
  • Bachelor’s degree in finance, Accounting, Business Administration, or related field.
  • Experience with FinOps practices and principles - FinOps Certified Practitioner
  • Experience with Microsoft Azure - Microsoft AZ900 certified
  • Experience with Project Management – PMP certification
Responsibilities
  • Collaborate with IT application leads to monitor spending against budgets and projections, identify variances, explore trends, and alert management of unfavorable results to allow for corrective actions where necessary.
  • Develop and manage comprehensive budgeting and forecasting models for shared cloud costs.
  • Gather and track the financial impact of future cloud workloads.
  • Foster a collaborative and transparent financial planning environment.
  • Crosstrain with other team members on non-cloud IT budgeting and forecasting
  • Develop, maintain, and explain how cloud costs (application-specific and shared costs) are allocated to Application and Portfolio groupings.
  • Work with the technical teams to ensure proper tagging and allocation of cloud resources for accurate cost tracking and reporting (both initially and ongoing)
  • Help facilitate and track FinOps cost and performance optimization recommendations from the Indian offshore team with the US-based application owners.
  • Monitor FinOps recommendation progress and address any issues, roadblocks, or exceptions.
  • Collaborating with various departments, such as finance, operations, and IT, to gather data, understand business requirements, and support financial decision-making.
  • In partnership with IT operations, develop, implement, and track unit key indicators that drive costs (ESR, Unit economics, Commitment-based discounts, Utilization, etc.)
  • Prepare regular financial reports, presentations, and dashboards to provide insights and updates to management and stakeholders. This may involve analyzing financial data, creating visualizations, and communicating key findings and recommendations
  • Own cloud resource metadata integrity of tagging and integration with the CMBD.

Medline supplies medical products and healthcare solutions to hospitals, nursing homes, and home health agencies. Their offerings include protective gear, wound care items, diabetes care supplies, and home diagnostics, sold directly to healthcare providers. Medline distinguishes itself through its commitment to sustainability and resilience, investing in domestic supply chain infrastructure. The company's goal is to deliver reliable healthcare solutions while promoting sustainable practices.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$486.4K

Headquarters

Mundelein, Illinois

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Medline's recognition with awards like the AARC's 2024 Zenith Award and the Preferred Supplier of the Year award highlights its strong reputation and reliability in the healthcare sector.
  • The new partnership with Vetter Senior Living and expansion in Chicagoland indicate Medline's growing market presence and potential for increased business opportunities.
  • Innovations like the FitRight CONNECT Wetness Sensing System demonstrate Medline's commitment to advancing healthcare technology and improving patient care.

What critics are saying

  • The competitive nature of the medical supply industry requires Medline to continuously innovate to maintain its market position.
  • Dependence on partnerships, such as those with Microsoft and Sonoma Pharmaceuticals, could pose risks if these collaborations face challenges or dissolve.

What makes Medline unique

  • Medline's partnership with Microsoft to develop AI-powered solutions for healthcare supply chains sets it apart in the medical supply industry, emphasizing innovation and technological advancement.
  • The company's commitment to sustainability and resilience through domestic supply chain investments distinguishes it from competitors who may rely more heavily on international sources.
  • Medline's extensive product catalog and value-added services like supply chain management and educational resources provide a comprehensive offering that is unmatched by many competitors.

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