FinOps Manager
Allianz · Budapest, Hungary · 2mo ago
Role Purpose
The FinOps Manager owns the financial health and cost transparency of Allianz Technology’s cloud and infrastructure spending, turning complex multi-cloud and on-premises expenditure into clear, actionable insights that empower engineering, finance, and leadership teams to make value-driven decisions. This role establishes and operates the FinOps operating rhythm across the organisation, building unit economics, forecasting with discipline, aligning budgets to business outcomes, and driving an optimisation backlog that steadily lowers total cost of ownership — all while maintaining or improving service quality and SLA performance. The FinOps Manager works at the intersection of ITIL v4 Service Financial Management and Capacity & Performance Management, ensuring that every euro spent on technology is traceable, justified, and optimised.
Key Responsibilities
Design, implement, and operate the Allianz FinOps operating model: define policies, governance, roles, and cadences (monthly cost reviews, quarterly planning, annual budgeting) across cloud and hybrid infrastructure.
Build and maintain a single source of financial truth for IT services: unify cost data from Azure, AWS, GCP, on-premises data centres, SaaS licences, and managed services into consolidated dashboards and reports.
Develop unit economics models (cost per policy, cost per transaction, cost per user, cost per vCPU-hour, cost per GB-month) that connect technology spending to business KPIs and insurance value chains.
Implement and manage showback/chargeback models: allocate cloud and infrastructure costs to business units, product lines, and cost centres with full transparency.
Own the cloud cost optimisation backlog: identify waste (idle resources, oversized instances, orphaned storage), recommend right-sizing, Reserved Instances, Savings Plans, and spot/preemptible usage, and track realised savings.
Partner with Engineering, Architecture, and Capacity Management to embed cost-awareness into architectural decisions, capacity planning, and service design — shifting from reactive cost-cutting to proactive cost engineering.
Forecast cloud and infrastructure spend with discipline: build monthly/quarterly/annual projections, variance analysis, and scenario modelling to minimise budget surprises.
Negotiate and optimise cloud provider contracts, Enterprise Agreements, and SaaS licence renewals in partnership with Procurement and Vendor Management.
Establish and track FinOps maturity metrics: commitment coverage rate, waste reduction percentage, forecast accuracy, unit cost trend, and anomaly detection response time.
Provide FinOps education and enablement across Allianz Technology: conduct training sessions, publish cost optimisation playbooks, and build a FinOps community of practice.
Collaborate with ITIL Service Financial Management to ensure IT cost data supports regulatory reporting (Solvency II, DORA), internal audit, and Group-level financial consolidation.
Report to senior leadership (CTO, CFO, IT Steering Committee) on technology cost efficiency, investment ROI, and optimisation pipeline progress.
Required Qualifications & Experience
Bachelor’s degree in Finance, Business Administration, Information Technology, or equivalent; MBA or Master’s is a plus.
5+ years of experience in IT financial management, cloud cost optimisation, or technology programme finance, with at least 2 years specifically in a FinOps role within a large enterprise.
FinOps Certified Practitioner (FinOps Foundation) required; FinOps Certified Professional or FinOps Certified Engineer preferred.
ITIL v4 Foundation certification required; ITIL Specialist (Create, Deliver & Support or Direct, Plan & Improve) preferred.
Expert-level proficiency with cloud cost management tools: Azure Cost Management, AWS Cost Explorer/CUDOS, GCP Billing, and third-party platforms (Apptio, CloudHealth, Flexera, or equivalent).
Strong understanding of cloud pricing models (On-Demand, Reserved, Committed Use Discounts, Spot/Preemptible), storage tiering, egress costs, and Kubernetes/container cost allocation.
Experience building financial models, dashboards (Power BI, Tableau, Grafana), and automation (Python, SQL, PowerShell) for cost analysis and anomaly detection.
Working knowledge of Technology Business Management (TBM) frameworks and IT cost allocation methodologies.
Proven ability to influence engineering and finance stakeholders; excellent presentation and storytelling skills with financial data.
Experience in insurance, banking, or financial services is strongly preferred; familiarity with Solvency II, DORA, and GDPR cost-impact analysis is a plus.
Fluent English required; German is a plus.
What we offer
- We offer a hybrid work model which recognizes the value of striking a balance between in-person collaboration and remote working incl. up to 25 days per year working from abroad.
- We believe in rewarding performance and our compensation and benefits package includes a company bonus scheme, pension, employee shares program and multiple employee discounts (details vary by location).
- From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
- Flexible working, health and wellbeing offers (including healthcare and parental leave benefits) support to balance family and career and help our people return from career breaks with experience that nothing else can teach.
About Allianz Technology
With its headquarters in Munich, Germany, Allianz Technology is Allianz's global IT service provider and delivers IT solutions that drive the group's digitalization. With more than 11,000 employees in over 20 countries around the world, Allianz Technology is tasked to run, optimize, transform, and innovate the infrastructure, applications, and services together with Allianz companies to co-create the best customer experience.
We service the entire spectrum of digitalization – from one of the industry's largest IT infrastructure projects that spans data centers, networks, and security, to application platforms ranging from workplace services to digital interaction.
In short: We deliver comprehensive end-to-end IT solutions for Allianz in the digital age. We are the backbone of Allianz.
Find us at: www.linkedin.com/company/allianz-technology.
Commitment to Integrity, Fairness & Inclusion
Allianz Technology is proud to be an equal opportunity employer dedicated to fostering an inclusive work environment for everyone. We embrace individuals of all gender identities and expressions, sexual orientations, ethnicities, ages, nationalities, religions, disabilities, and philosophies of life. Ultimately, our greatest strength as a company lies in the unique skills, experiences, and backgrounds our employees contribute.
To Recruitment Agencies
Allianz Technology has an in-house recruitment team that sources great candidates directly. Therefore, Allianz Technology does not accept unsolicited resumes from agencies or search firm recruiters.
When we do work with recruitment agencies, that engagement is formalized by a contract. Fees will only be paid when there is a contract in place. Without a contract in place, we will not accept invoices on unsolicited resumes, even if the candidate was ultimately employed by Allianz.