Depop

Senior Cloud FinOps Analyst

United Kingdom

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
E-commerce, Biotechnology, Cloud ServicesIndustries

Senior FinOps Analyst

Employment Type: Full time

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

Requirements

  • Experience in cloud cost management, particularly across AWS, Databricks, and Datadog.
  • Proficiency in cloud billing models, tools, and configurations.
  • Strong analytical and reporting skills.
  • Experience in forecasting and budgeting.
  • Excellent communication and collaboration skills, with the ability to present complex information clearly to both technical and financial stakeholders.
  • Experience in negotiating pricing and contracts with cloud service providers.
  • Familiarity with working in a fast-paced, agile environment.

Application Instructions

  • Please refer to the Company Description for information on how to apply and for any specific instructions regarding accommodations.

Skills

Cloud Cost Management
AWS
Databricks
Datadog
Cost Optimization
Strategic Cost-Saving
Data Analysis

Depop

Peer-to-peer marketplace for unique fashion items

About Depop

Depop is an online marketplace designed for buying, selling, and discovering unique fashion items, including designer pieces, vintage finds, streetwear, and sneakers. The platform operates as a peer-to-peer marketplace, allowing users to list their items for sale directly to other users. Depop generates revenue by taking a commission on each sale, which aligns the company's success with that of its sellers. The platform primarily targets younger consumers who value sustainability and often seek second-hand fashion items, making it an appealing option for those looking to reduce waste and support independent brands. Additionally, Depop fosters a sense of community among its users, encouraging interaction and connection, which enhances the buying and selling experience. This community-driven approach, along with its focus on unique and sustainable fashion, sets Depop apart from other online marketplaces.

London, United KingdomHeadquarters
2011Year Founded
$97.3MTotal Funding
ACQUISITIONCompany Stage
Consumer GoodsIndustries
1,001-5,000Employees

Risks

Increased competition from eBay may attract sellers away from Depop.
Marketplace fee for UK buyers may deter some users from Depop.
Generative AI development could disrupt traditional resale models, challenging Depop.

Differentiation

Depop targets younger consumers interested in unique, sustainable fashion items.
The platform fosters a community-driven approach, enhancing user experience and engagement.
Depop's commission-based model aligns its success with that of its sellers.

Upsides

Increased interest in sustainable fashion drives more consumers to Depop.
Social commerce rise creates new engagement opportunities with Depop's young audience.
U.S. resale market forecasted to grow, offering Depop significant growth potential.

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