Engineering Financial Operations Senior Manager
US-Remote
R&D – Engineering /
Full-time /
Remote
At Instructure, we believe in the power of people to grow and succeed throughout their lives. Our goal is to amplify that power by creating intuitive products that simplify learning and personal development, facilitate meaningful relationships, and inspire people to go further in their education and careers. We do this by giving smart, creative, passionate people opportunities to create awesome.
And that's where you come in:
The Engineering Financial Operations Senior Manager is responsible for all aspects of Engineering organization expenditure. By bringing your expertise in financial operations, your knowledge of the software industry, and your attention to detail you will be instrumental in the success of Canvas and Instructure's growing suite of other educational products.
What you will do:
- Financial Operations
- Partner with Engineering/Product leadership and Finance to develop annual operating plans and track to and update budgets in-year (including cyclical activities - monthly actuals reporting) across multiple areas of expenditure including – headcount (internal and contractor), cloud infrastructure (e.g. AWS), and a variety of 3P software/SaaS contracts/services.
- Monitor variable cost SaaS - both licensed-based and consumable (e.g. logging/telemetry) services against contractual commitments. Develop/maintain processes for reporting, anomaly detection.
- Manage a detailed cloud/hosting reporting/modeling process allocating expense to various products, teams, cost centers contributing to key company metrics (COGS).
- Utilize available inputs (monthly active users, requests, seasonality) to adjust model/forecast assumptions. Collaborate with Engineering, Product and other departments to adjust assumptions as products change over time.
- Cross-departmental collaboration on outputs from monitoring/reporting including Accounting, Strategic Planning.
- Support tracking of key internal metrics on cost-saving / tech-modernization initiatives.
- Support inter-departmental processes (cost capitalization) efforts including audit responses.
- Vendor Management
- Develop and maintain relationships and management oversight of key 3P vendors used by Engineering.
- Develop deep understanding of vendor software cost models/options, contractual commitments, and SLAs.
- Use insights from relationship management to support strategic planning and risk mitigation. E.g. adjustable spend commitments, capacity rollover, termination for convenience, cost caps, Identify opportunities (incentive programs, migration funding, professional services) .
- Collaborate with Engineering as well as Procurement, Legal, Governance/Risk/Compliance teams on contract activities – negotiations, renewals, amendments (expansions/contractions/replacements).
- Identify and maintain flexibility of financial commitments e.g. utilizing 3P Marketplace purchases (AWS/GCP/Snowflake) to hedge against consumption changes.
What you will need to know/have:
- 4+ years experience managing technology expenditure (Technology Business Management, Finance/FP&A or related function)
- 4+ years experience in the software/technology industries
- Strong analytical and problem solving skills.
- Strong communication skills (written and verbal)
- Advanced Excel/Google Sheet skills
- Excellent attention to detail and organizational skills
- Experience working with AWS (or similar) – use of administrative and cost reporting tooling as well as strong understanding of various public and private programs for cost and risk management (contractual, incentive, Marketplace) a big plus.
- Minimum education BA/BS. Advanced degree (MBA, JD) a plus.
Get in on all the awesome at Instructure!
- We offer competitive, meaningful benefits in every country where we operate. While they vary by location, here's a general idea of what you can expect:
- Competitive compensation, plus all full-time employees participate in our ownership program - because everyone should have a stake in our success.
- Flexible schedules and a remote-friendly culture, with hybrid or onsite work options available in some regions for specific roles
- Generous time off, including local holidays and our annual company-wide “Dim the Lights” week in late December, when we encourage everyone to step back and recharge
- Comprehensive wellness programs and mental health support
- Annual learning and development stipends to support your growth
- The technology and tools you need to do your best work — typically a Mac, with PC options available in some locations
- Motivosity employee recognition program
- A culture rooted in inclusivity, support, and meaningful connection
$150,000 - $175,000 a year
This range reflects our target hiring range, with flexibility based on experience, skills, and market factors.
We’ve always believed in hiring the most awesome people and treating them right. We know that the more diverse we are, the more diverse our ideas will be and when we openly welcome those ideas, our environment is better and our business is stronger.
At Instructure we participate in E-Verify and yes, in case you didn't catch it from the above, we are an Equal Opportunity Employer.
All Instructure employees are required to successfully pass a background check upon being hired.
We believe in hiring great people and treating them right. The more diverse we are, the better our ideas and outcomes.
Instructure is an Equal Opportunity Employer. We comply with applicable employment and anti-discrimination laws in every country where we operate.
All employees must pass a background check as part of the hiring process. To help protect our teams and systems, we’ve implemented identity verification measures. Candidates may be asked to verify their legal name, current physical location, and provide a valid contact number and residential address, in accordance with local data privacy laws.
Any attempt to misrepresent personal or professional information will result in disqualification.
