Why this role is important to us

The team you will be joining is part of the Technology Business Office in the GTS Management division, a critical function as State Street continues to migrate applications to the cloud.

What you will be responsible for

• Cloud consumption cost monitoring and oversight: Utilize a suite of Cloud FinOps tools to ensure the financial health of multiple cloud environments.

• Development and maintenance of technology cost visualization and reporting: Provide insights to leadership and key stakeholders (replacing “other personas”), with an emphasis on automation and self-service to promote transparency and efficiency.

• Budgeting and Forecasting: Own the development of budgets and forecasts by leveraging financial analysis, insights, and recommendations. This includes analyzing historical data, market trends, and business objectives to create accurate financial projections.

• Financial Analysis: Conduct in-depth analysis of financial data to identify trends, patterns, and opportunities for improvement. This includes analyzing financial statements, budgets, forecasts, and key performance indicators (KPIs).

• Cost Optimization: Identify and implement strategies to optimize costs and improve cloud resource efficiency by analyzing expenditure patterns, identifying cost-saving opportunities, and recommending cost reduction initiatives.

• Compliance and Governance: Ensure compliance with financial policies, regulatory requirements, and industry standards related to cloud spending. Implement controls and governance mechanisms to prevent unauthorized spending and optimize resource utilization. Collaborate with security and compliance teams to address cloud-related audit findings or issues.

• Cross-Functional Collaboration: Collaborate with finance, operations, and IT teams to gather data, understand business requirements, and support financial decision-making.

What we value

These skills will help you succeed in this role:

• In-depth knowledge of cloud financial operations

• Detail-oriented with a high degree of analytical thinking

• Highly proficient in Excel

• Knowledge of core FinOps Foundation principles and a basic understanding of corporate accounting processes

• Ability to communicate effectively and deliver presentations to leaders

• Aptitude for learning and understanding new concepts and technologies

• Strong written, verbal, and interpersonal communication skills

• Ability to operate successfully in a lean, agile, and fast-paced organization

• Experience with Power BI and cloud financial analytics/reporting tools

• Experience building data ingestion, data catalog, and data analytics frameworks

Education & Preferred Qualifications

• Bachelor’s degree in a related field required (Computer Science, Computer Engineering, Finance, or Accounting)

• 5+ years of combined experience in Cloud FinOps and Finance roles within a Fortune 500 / Fortune Global 500 company

• Experience with AWS and Azure and data platforms (e.g., Databricks, Snowflake)

• Certified Cloud Practitioner required (fixed spelling)

• Knowledge of cloud financial operations or experience building allocation methodologies to appropriately distribute shared services (clarified wording)

• Experience creating cost and savings dashboards for executive reporting to promote efficiency initiatives

• Ability to foster strong relationships across client organizations, including effective working relationships with end users

• Strong analytical and problem-solving skills

Salary Range:

$90,000 - $157,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.