Reddit is seeking a strong, hands on, analytical and strategic Senior Finance Manager to join our Technology FP&A team, with a primary focus on Cloud Hosting spend. This role will provide Finance and Technology leadership with complete visibility into hosting costs and ensure a clear understanding of the drivers of change. The Finance Manager will integrate hosting spend into Reddit's budget and forecasts, reconcile actuals during the close, and partner with Engineering to track and validate cost-saving initiatives.
Key Responsibilities- Forecasting & Budgeting
- Develop sophisticated financial models for hosting spend, long-term financial planning, and strategic contract negotiations
- Conduct scenario analysis for scaling, product launches, and contract commitments
- Lead monthly variance analysis of spend vs. the budget and forecast for different LoBs
- Build standardized and consistent reporting packages highlighting trends and their impact on Reddit’s P&L
- Develop cost optimization initiatives and tracking mechanisms
- Develop ROI models to support cloud investments in the areas of strategic importance
- Cost Optimization & Governance
- Leverage previous experiences and industry best practices to proactively propose efficiency initiatives to engineering
- Drive savings initiatives to completion by developing accountability mechanisms for engineering
- Enforce tagging and allocation governance for improved visibility and accountability
- Serve as a financial advisor to engineering, SRE, and cloud platform teams, providing insights on budgeting, unit economics, optimizations and financial strategy.
- Analytics & Tools
- Build and maintain dashboards to serve as Finance’s source of truth for hosting cost reporting.
- Use billing tools to support reporting accuracy.
- Stay up-to-date on industry trends and regulations related to cloud technology and incorporate findings into financial strategies
- Cost of Revenue (COR) Ownership
- Complete ownership of the COR forecast.
- Own and maintain the weekly COR file, ensuring accuracy, completeness, and timely updates
- Provide clear weekly visibility into changes in hosting costs, explaining drivers of variance to Finance and Technology leadership.
- Partner with Accounting during close to reconcile COR actuals with invoices and financial records.
- 8+ years of experience in FP&A, Technology Finance, or Cost of Revenue management.
- Prior experience includes AWS and GCP contract negotiations.
- Proven experience owning and maintaining Cost of Revenue or Hosting budget files (weekly/monthly) and explaining drivers of change to leadership.
- Hands-on experience with AWS and GCP billing tools (Cost Explorer, CUR, Budgets).
- Proficiency with dashboard building, data modeling, financial reporting.
- Strong financial modeling, forecasting, and variance analysis skills with proven accuracy in managing Hosting budget vs. actuals.
- Demonstrated ability to track and report hosting cost savings from optimization initiatives and commitment programs.
- Excellent cross-functional communication skills to partner with Finance, Engineering, and Accounting.
- Strongly prefer background in professional services (consulting, Big 4, or advisory) with exposure to structured financial processes or cost governance.
Benefits:
- Comprehensive Healthcare Benefits and Income Replacement Programs
- 401k Match
- Family Planning Support
- Gender-Affirming Care
- Mental Health & Coaching Benefits
- Flexible Vacation & Reddit Global Days off
- Generous paid Parental Leave
- Paid Volunteer time off
Pay Transparency:
This job posting may span more than one career level.
In addition to base salary, this job is eligible to receive equity in the form of restricted stock units, and depending on the position offered, it may also be eligible to receive a commission. Additionally, Reddit offers a wide range of benefits to U.S.-based employees, including medical, dental, and vision insurance, 401(k) program with employer match, generous time off for vacation, and parental leave. To learn more, please visit https://www.redditinc.com/careers/.
To provide greater transparency to candidates, we share base pay ranges for all US-based job postings regardless of state. We set standard base pay ranges for all roles based on function, level, and country location, benchmarked against similar stage growth companies. Final offer amounts are determined by multiple factors including, skills, depth of work experience and relevant licenses/credentials, and may vary from the amounts listed below.
In select roles and locations, the interviews will be recorded, transcribed and summarized by artificial intelligence (AI). You will have the opportunity to opt out of recording, transcription and summarization prior to any scheduled interviews.
During the interview, we will collect the following categories of personal information: Identifiers, Professional and Employment-Related Information, Sensory Information (audio/video recording), and any other categories of personal information you choose to share with us. We will use this information to evaluate your application for employment or an independent contractor role, as applicable. We will not sell your personal information or disclose it to any third party for their marketing purposes. We will delete any recording of your interview promptly after making a hiring decision. For more information about how we will handle your personal information, including our retention of it, please refer to our Candidate Privacy Policy for Potential Employees and Contractors.
Reddit is proud to be an equal opportunity employer, and is committed to building a workforce representative of the diverse communities we serve. Reddit is committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If, due to a disability, you need an accommodation during the interview process, please let your recruiter know.
Top Skills
Reddit San Francisco, California, USA Office
1455 Market St., San Francisco, CA, United States, 94103
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