Mark Steckel Email & Phone Number

New York, Ny, Us

New York, New York, United States

Leader in the Cloud Strategy practice, helping organizations develop and mature their FinOps capabilities.Worked with multiple Fortune 100 companies to drive cloud cost optimization, delivering sustainable savings of >10% per engagementPartner with clients to establish an industry standard FinOps Op Model, develop and implement tagging standards, develop a tooling strategy, implement tooling and reporting solutions and set up effective governance for cloud consumption.

New York City Metropolitan Area

I leveraged the Apptio SaaS product to manage a best in class €2B commercial technology product portfolio that provides the organization with the ability to run faster, be more agile, deliver reduced costs and achieve a higher return on investment (ROI) in IT. I cultivated partnerships with IT product owners to establish operational processes and a governance framework, align product roadmaps to the IT strategy, optimize vendor spend and improve overall product and application TCO. Delivered cost savings, increased productivity, maximized capacity, and a monthly bill of IT that the business used to make informed decisions aligned to their strategy. My notable achievements in this role include: ⏩ Establishment of a new function and commercial product portfolio from the ground up during an 18-month assignment in London.⏩ Development of a PxQ consumption-based recharge model which has enabled effective supply/demand management and a predictable bill to the business.⏩ Delivery of the commercial model that has supported a migration from legacy technologies to IaaS, PaaS, AI and the cloud. ⏩ Designing and implementing performance management reporting in Apptio, Microsoft Power BI and Tableau, delivering actionable business intelligence on costs, volumes and recharge to the business.⏩ Establishment of the operating model, data structures and governance processes to manage the function and continuously improve the quality of the model. ⏩ Instituting a funding model for CIO demand for IT infrastructure for a €2B investment portfolio.

London, England Metropolitan Area

As a senior director in a global infrastructure finance function managing the €9B back office cost base of the bank, I delivered E2E process optimization for the internal chargeback and forecasting processes. This required significant collaboration and alliances across divisions.I provided strategic thought leadership to the head of Infrastructure Finance on an operating model transformation to deliver a more agile team and cost savings for the function. I established a pilot to deliver activity-based costing (ABC), KPIs and metrics across the Infrastructure Finance function.

London, England Metropolitan Area

I oversaw internal chargeback for a €2.5B application development and infrastructure IT cost base including the annual budget, monthly forecast and management reporting. I provided financial management and governance for a €1B application development investment portfolio which drove the technology strategy and transformation for the bank. Delivered all budgets and forecasts, including the application development capital and operating plans. I managed a culturally diverse global team of 40 FTE. My significant achievements included: ⏩ Developing enhanced reporting for a €1B technology infrastructure cost base including: cost drivers, unit cost development, service variability and application TCO reporting. ⏩ Implementing project accounting functionality in dbClarity, an enterprise PPM tool.⏩ Establishing a new chargeback process for application development costs, including ensuring that all tax and transfer pricing requirements were met.⏩ Achieving a 35% operating model efficiency through off shoring & process efficiencies.

New York, United States

I led the global IT business management function for a €1B IT infrastructure function, including financial planning and analysis, performance measurement, investment portfolio oversight, vendor spend governance, communications, HR processes, real estate footprint management, continuous process improvement and IT benchmarking. I was responsible for internal chargeback as well as engagement and financial reviews with front and back office business partners. I managed a culturally diverse global team of 40 FTE. My achievements included: ⏩ Implementing a consumption driven internal chargeback model including product costing and demand measurement. ⏩ Delivering an on-line IT service catalogue with linkage to procurement portals.⏩ Building a time tracking model to increase productivity and efficiency of the BM function. ⏩ Delivery of a bottoms up plan and forecast model with full supporting detail for vendor labor and capital investment spend.⏩ Hitting all financial and headcount targets each year.

New York, United States

I was responsible for the financial management of a +€300M global networks function, including delivery of annual budgets and quarterly forecasts, headcount planning and investment governance. I also supported and advised the global networks CIO in the delivery of savings programs. Significant achievements in this role included:⏩ Transformation of the internal chargeback model through the establishment of a service unit pricing and consumption-based model. ⏩ Implementing new processes and reporting to manage the annual investment portfolio.

Greater New York City Area

I designed and developed investment business cases supporting the transformation of the enterprise. I centrally tracked and reported on the organization’s cost savings plan and coordinated the development of the annual investment portfolio. I also ensured achievement of business management divisional targets in coordination with finance and supported the development and execution of an expense discipline and control program. A few notable achievements in this role included: ⏩ Delivering multiple streams of work within an expense discipline and control program leading to cost reductions and improved governance over spend.⏩ Establishing a commercial layer for technology products in the service catalog, leading to improved transparency on the cost and features of products.

Greater New York City Area

I delivered management reporting for an €800M investment banking operations function including coordination of divisional targets for the investment portfolio. I was responsible for all budgets and forecasts for the global corporate finance, emerging markets and loan exposure management divisions. I performed the monthly Americas balance sheet validation and review process for all infrastructure functions.

New York, United States

I delivered all accounting, budgets, forecasts and analysis for a €325M global data center function covering mainframe, storage, back-up, application & data base hosting and facilities. I was appointed the controlling lead for tracking incremental spend and the replacement of all technology assets lost due to the events of 9/11. This supported a successful +$100m insurance claim for the bank.

Greater New York City Area

I managed all accounting, budgets, forecasts and analysis for the technology and car rental divisions with a combined $450M cost base. I developed an internal chargeback process for the technology division, facilitating accurate P&L reporting for divisional brands.

Master Of Business Administration - Mba, Finance

Bachelor Of Science - Bs