Lead Cloud Economist

Posted 11 Days Ago
Be an Early Applicant
Remote
Senior level
Security • Software • Cybersecurity
The Role
As a Lead Cloud Economist, you will analyze cloud spending, optimize costs, develop financial models, and provide reporting to enhance decision-making across the organization. Collaborating with finance and engineering teams, you'll ensure adherence to governance policies while identifying cost-saving opportunities.
Summary Generated by Built In

Arctic Wolf, with its unicorn valuation, is the leader in security operations in an exciting and fast-growing industry—cybersecurity. We have won countless awards for our excellence in security operations and remain dedicated to providing an industry-leading customer and employee experience.

Our mission is simple: End Cyber Risk. We’re looking for a Lead Cloud Economist to be part of making this happen.

About the role

Our systems run globally, process hundreds of billions of events per day, and are still seeing exponential growth. It’s easy to see the need for a dedicated Financial Operations team to provide reporting, governance, and insight into the cost of running those systems and the factors that influence our cloud spend. You will join our FinOps team, bringing experience in cloud cost reporting, data analysis, and AWS cloud hosting services to support operations within Product, Engineering and Finance. The information and insights you provide enable stakeholders across the organization, from individual contributors to C-level executives, to be more informed and make data-driven decisions.

 Your responsibilities include:

  • Cost Analysis and Optimization: Conduct in-depth analyses of cloud spend across services and environments to identify cost-saving opportunities and recommend optimizations.

  • Financial Modeling: Develop predictive financial models to project cloud spend based on usage trends, application growth, and strategic initiatives.

  • Spend Analysis: Utilize tools like AWS QuickSight, CloudWatch, and Cost Explorer to track, analyze, and project spend for various breakdowns of cloud spend.

  • Stakeholder Collaboration: Partner with R&D, finance, and business teams to align cloud cost initiatives with organizational goals and operational requirements.

  • Cost Anomaly Management: Own cost anomaly detection, alerting, and response processes, partnering with engineering teams to confirm root causes and validate resolutions.

  • Forecasting: Partner with finance teams to develop cost forecasts and projections, compare forecasts to actual spend and understand causes where there are differences.

  • Savings Plan Management: Oversee commitment-based discounts (CSPs, RIs, etc.), managing procurement, monitoring usage, and optimizing renewals.

  • Policy Creation and Compliance Oversight: Audit and enforce comprehensive cloud cost governance policies, ensuring adherence across business units and instilling cost-conscious practices.

  • Continuous Improvement: Iterate on cost management processes by implementing new tools, refining existing workflows, and incorporating feedback to keep pace with evolving cloud technologies and usage patterns.

  • Team Advocate: Act as a team representative in cross-functional initiatives.

  • Reporting: Maintain and administer our cloud cost reporting platform.

  • Commitment Tracking: Manage cloud vendor discount plan commitments and purchases.

About you

  • Fluent in data, finance, and tech.

  • Excellent written and oral communication skills and a proactive nature.

  • Strong analytical skills with experience using data analysis tools.

  • Have experience working with BI tools like Quicksight (preferred), Tableau, Power BI, or Superset.

  • Practical knowledge and experience with AWS products and services, pricing models and cost management capabilities.

  • Proficient in gathering information from various sources, combining, analyzing, presenting the results and linking them to the larger context and business outcomes.

  • Strong attention to detail, ability to identify discrepancies and outliers.

  • Experience designing reporting and monitoring to ensure awareness of cost trends and drivers.

  • Have developed and maintained complex models to explain and accurately predict cost.

  • Experience in cloud expense reporting and management using FinOps disciplines within a cloud platform.

  • Working Python and SQL knowledge preferred.

  • Bonus: Experience with cloud infrastructure capacity planning and rightsizing.

About Arctic Wolf
At Arctic Wolf we’re cultivating a collaborative and productive work environment
that welcomes a diversity of backgrounds, cultures, and ideas to make our teams even stronger as we grow globally. We’ve been named a Great Place to Work - Canada (2021-2024), and on the list of Best Workplaces in Technology (2024) in Canada. As well as on Fortune’s Best Place to Work for Millennials (2023) and Top Technology Workplace (2024) lists

Our Values 

Arctic Wolf recognizes that success comes from delighting our customers, so we work together to ensure that happens every day. We believe in diversity and inclusion, and truly value the unique qualities and unique perspectives all employees bring to the organization. And we appreciate that—by protecting people’s and organizations’ sensitive data and seeking to end cyber risk— we get to work in an industry that is fundamental to the greater good. 

We celebrate unique perspectives by creating a platform for all voices to be heard through our Pack Unity program. We encourage all employees to join or create a new alliance. See more about our Pack Unity here.

We also believe and practice corporate responsibility, and have recently joined the Pledge 1% Movement, ensuring that we continue to give back to our community. We know that through our mission to End Cyber Risk we will continue to engage and give back to our communities. 

All wolves receive compelling compensation and benefits packages, including: 

  • Equity for all employees

  • Flexible time off, paid volunteer days, and paid parental leave

  • Enhanced maternity leave and fertility support services

  • RRSP matching program

  • Robust Employee Assistance Program (EAP) for mental health services

  • Training and career development programs

Arctic Wolf is an Equal Opportunity Employer and considers applicants for employment without regard to race, color, religion, sex, orientation, national origin, age, disability, genetics, or any other basis forbidden under federal, provincial, or local law. Arctic Wolf is committed to fostering a welcoming, accessible, respectful, and inclusive environment ensuring equal access and participation for people with disabilities. As such, we strive to make our entire employee experience as accessible as possible and provide accommodations as required for candidates and employees with disabilities and/or other specific needs where possible. Please let us know if you require any accommodations by emailing [email protected]

Security Requirements 

  • Conducts duties and responsibilities in accordance with AWN’s Information Security policies, standards, processes and controls to protect the confidentiality, integrity and availability of AWN business information (in accordance with our employee handbook and corporate policies).

  • Background checks are required for this position.

Top Skills

AWS
The Company
Waterloo, ON
810 Employees
On-site Workplace
Year Founded: 2012

What We Do

The cybersecurity industry has an effectiveness problem. Every year new technologies, vendors, and solutions emerge, and yet despite this constant innovation we continue to see high profile breaches in the headlines. All organizations know they need better security, but the dizzying array of options leave resource-constrained IT and security leaders wondering how to proceed. At Arctic Wolf, our mission is to End Cyber Risk through effective security operations. To achieve this, we believe that organizations must do three key things:

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