Senior FinOps Analyst

Company Description

Depop is the community-powered circular fashion marketplace where anyone can buy, sell and discover desirable secondhand fashion. With a community of over 35 million users, Depop is on a mission to make fashion circular, redefining fashion consumption. Founded in 2011, the company is headquartered in London, with offices in New York and Manchester, and in 2021 became a wholly-owned subsidiary of Etsy. Find out more at www.depop.com 

Our mission is to make fashion circular and to create an inclusive environment where everyone is welcome, no matter who they are or where they’re from. Just as our platform connects people globally, we believe our workplace should reflect the diversity of the communities we serve. We thrive on the power of different perspectives and experiences, knowing they drive innovation and bring us closer to our users. We’re proud to be an equal opportunity employer, providing employment opportunities without regard to age, ethnicity, religion or belief, gender identity, sex, sexual orientation, disability, pregnancy or maternity, marriage and civil partnership, or any other protected status. We’re continuously evolving our recruitment processes to ensure fairness and are open to accommodating any needs you might have.

If, due to a disability, you need adjustments to complete the application, please let us know by sending an email with your name, the role to which you would like to apply, and the type of support you need to complete the application to adjustments@depop.com. For any other non-disability related questions, please reach out to our Talent Partners.

Role Overview:

We're looking for a Senior FinOps Analyst experienced in cloud cost management, particularly across AWS, Databricks and Datadog. This is a new role for Depop, and one which we see as crucial for optimising our cloud spend, driving strategic cost-saving initiatives, and providing actionable insights across our cloud services.

Operating in a fast-paced and agile environment, this role supports the Engineering teams, working closely with Finance to enable the business to achieve strategic growth and significant cost savings. Reporting directly to the CTO with a dotted line into our Lead Vendor Manager, you'll work directly with Engineering while also collaborating closely with Legal, Finance, and our parent company, Etsy. Your insights and recommendations will be instrumental in aligning cloud usage with business objectives and financial forecasts.

Key Responsibilities:

Cloud Spend Strategy & Analysis:

• Develop and maintain accessible dashboards and reports, ensuring transparency of spend.

• Monitor, analyse, and report cloud expenses for primary vendors as well as a number of our other key service providers like Cloudflare & Tecton, collaborating with Engineering and Machine Learning teams to forecast and align future usage with platform developments.

• Identify optimisation opportunities through analysis of cloud usage patterns, industry trends, pricing models, and purchasing options.

• Forecast and lead cloud budgets

• Define, track, and communicate critical metrics to measure efficiency of cloud spend optimisation efforts.

• Regularly prepare and present clear cloud spend analyses to senior technical and financial partners.

Operational Management & Collaboration:

• Apply your expertise in cloud billing models, tools, and configurations to deliver actionable recommendations on cost savings directly to Engineering Managers and leadership.

• Act as the central point of contact facilitating effective communication across Engineering, Product, Finance, and Etsy.

• Engage cloud service providers to negotiate driven pricing and contracts.

• Collaborate across Depop to supervise dependencies, timelines, and mitigate risks related to cloud spend.

• Work closely with the Vendor Management team to ensure timely processing of cloud purchase orders and payments.

• Maintain compliance with cloud vendor agreements, contractual terms, and internal financial policies.

Cloud Spend Enablement:

• Stay abreast of the latest practices, industry trends, and compliance requirements, driving a culture of financial accountability and efficient cloud usage.

• Communicate standard processes around cloud spend management, budgeting, and forecasting to all relevant and interested partners

• Develop training materials and mentorship to nurture cost awareness and encourage responsible cloud usage. 

Requirements:

• Proven experience in this area: Previously undertaken roles as a FinOps Analyst or in a similar, with a focus on cloud cost management.

• Hands-on cloud expertise and strong technical literacy: A strong and applied understanding of cloud services and infrastructure, including AWS, Databricks and Datadog

• Analytical and problem-solving skills: business driven attitude and user focused approach to identify and tackle problems 

• Teamwork, interpersonal and communication skills: Strong communication and collaboration skills, with the ability to collaborate effectively with cross-functional teams

• Financial leadership skills: Knowledge of financial management principles and experience in financial analysis, modeling, forecasting, and reporting. 

• Data analysis and visualisation skills: Proficiency in data analysis techniques, including data visualisation and statistical analysis. 

• Organised, agile and pragmatic: Ability to operate in a fast-paced, ambiguous environment and lead multiple priorities simultaneously

• Experience with FinOps practices and compliance: Experience implementing and maintaining FinOps practices and methodologies, including knowledge of cost optimisation frameworks and relevant industry regulations and compliance needs 

Nice to have: 

• Familiarity with cloud cost optimisation tools

• Experience with SQL, Python, and data analysis tools

• Experience in strategic financial planning and analysis

Additional Information

Health + Mental Wellbeing

• PMI and cash plan healthcare access with Bupa

• Subsidised counselling and coaching with Self Space

• Cycle to Work scheme with options from Evans or the Green Commute Initiative

• Employee Assistance Programme (EAP) for 24/7 confidential support

• Mental Health First Aiders across the business for support and signposting

Work/Life Balance:

• 25 days annual leave with option to carry over up to 5 days

• 1 company-wide day off per quarter

• Impact hours: Up to 2 days additional paid leave per year for volunteering

• Fully paid 4 week sabbatical after completion of 5 years of consecutive service with Depop, to give you a chance to recharge or do something you love.

• Flexible Working: MyMode hybrid-working model with Flex, Office Based, and Remote options *role dependant

• All offices are dog-friendly

• Ability to work abroad for 4 weeks per year in UK tax treaty countries

Family Life:

• 18 weeks of paid parental leave for full-time regular employees

• IVF leave, shared parental leave, and paid emergency parent/carer leave

Learn + Grow:

• Budgets for conferences, learning subscriptions, and more

• Mentorship and programmes to upskill employees

Your Future:

• Life Insurance (financial compensation of 3x your salary)

• Pension matching up to 6% of qualifying earnings

Depop Extras:

• Employees enjoy free shipping on their Depop sales within the UK.

• Special milestones are celebrated with gifts and rewards!