WTW · 5 months ago
Head of Cost Optimization, Vendor Management & Complex Deals
East Tower, 1120 South Tryon Street, Charlotte, NC, 28203, US
Full-time
Onsite
Senior LevelWTW is a global leader in technology shared services, seeking a Head of Cost Optimization, Vendor Management & Complex Deals. This role is responsible for leading cost optimization initiatives, managing vendor relationships, and ensuring financial accountability across global technology operations.
ConsultingInformation TechnologyInsuranceMedicalService Industry
Responsibilities
Develop and Execute Cost Optimization Strategy: Leveraging data and insights, lead the development and execution of a comprehensive cost optimization strategy spanning Cloud FinOps, Vendor Management, Software License Management, and Workforce Optimization that aligns with the organization's goals and objectives
Financial Operations (FinOps): Build capabilities across expense transparency, planning/forecasting/budgeting, and cost management practices including but not limited to:
Design, develop and execute a mature (based on recognized maturity model) FinOps strategy aligned with enterprise financial goals
Create financial accountability through collaboration and effective communication with software development teams, engineering, finance, and appropriate business teams. Partner with engineering leaders to embed cost awareness into the software development lifecycle
Incorporate forward views of migrations, cloud growth, and expense forecasts into optimizations, budget plans, commitment management and overall FinOps strategy. Maintain cloud hygiene through tagging governance, removal of orphaned resources, and alignment of valid resources to accountable IT owners
Develop and lead cost optimization programs including commitment management (RIs, Savings Plans, etc.), rightsizing, workload efficiency, and architectural reviews
Continuously evaluate emerging tools and services to provide cost transparency and automate cost optimization
Protect WTW by proactively identifying cost anomalies and financial risks
Own the development and enforcement of guardrails, policies, and accountability frameworks for consumption and rate management
Establish metrics to provide a clear view into FinOps maturity and status
Vendor Management and Consolidation:
Manage Tech vendor relationships, support Group Procurement and Sourcing Category Managers in the negotiation of contracts, and partner with Procurement to consolidate suppliers to achieve cost savings and improve service delivery
Drive multi-year deal strategies including financial modeling, total cost of ownership (TCO), and business case development
Establish and enforce mechanisms to hold service providers and third-party vendors accountable for meeting contractual, financial, and operational commitments. Implement strategies to enhance supplier performance, ensuring high-quality service and cost efficiency
Align vendor management with long-term business strategy while protecting WTW from overdependence or lock-in
Software License Management:
Optimize software license usage and costs
Ensure compliance and maximize value from software investments
Leverage tools and automation to improve visibility into license consumption and identify opportunities for cost savings through consolidation, re-harvesting, or alternative licensing models
Integrate software license strategy with cloud presence and FinOps practices, ensuring license portability, cost efficiency, and alignment with modern deployment models
Qualification
Required
Experience in developing and executing cost optimization strategies
Strong background in financial operations (FinOps) including expense transparency, planning/forecasting/budgeting, and cost management practices
Proven ability to create financial accountability through collaboration with software development teams, engineering, finance, and business teams
Experience in managing tech vendor relationships and negotiating contracts
Ability to drive multi-year deal strategies including financial modeling and total cost of ownership (TCO)
Experience in optimizing software license usage and costs
Strong understanding of compliance and maximizing value from software investments
Experience in leveraging tools and automation for cost transparency and optimization
Ability to establish metrics for FinOps maturity and status
Experience in developing and enforcing guardrails, policies, and accountability frameworks for consumption and rate management
Strong leadership skills with the ability to build and scale high-performing teams
Excellent communication and collaboration skills with senior stakeholders
Company
WTW
WTW is a global advisory and solutions company that helps clients around the world turn risk into a path for growth.
Founded in 1828
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$1.75B2025-12-15Post Ipo Debt· $1B
2024-02-28Post Ipo Debt· $750M
2021-09-30Post Ipo Equity
Leadership Team
Andrew Krasner
Chief Financial Officer
Tom Finan
Senior Vice President / Cyber Tech E&O Insurance Broker
Recent News
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