Finance Analyst

Senior Finance Analyst

This is a hybrid role with two days per week at Cisco's or RTP office. Alternate locations will be considered on an exception basis. Members of the Finance organization at select locations will generally be expected to follow a hybrid work model, which includes two days of in-office attendance each week, with limited exceptions.

Meet the Team

Our team is seeking a Senior Finance Analyst to provide OPEX support to the Routing Software Engineering Organization. This role provides the unique opportunity to help support the forecasting and reporting for the business as well as influence strategic investment decisions. Solid organizational, financial modeling, communication, influencing, and business partnering skills will help you find success in this role.

Your Impact

Budgeting and Opex Management – Support Engineering leadership prioritization and decision making, portfolio planning, annual budgeting and quarterly commit processes, month-end and quarterly close activities, forecasting/reporting/variance analysis, driving compliance.

• Provide Finance support to a VP in Engineering and manage a budget of $48M per quarter.
• Drive forecast accuracy throughout the quarter to ensure the teams spends to the commit target.
• Model headcount costs and discretionary spend to provide opportunities to pull back or accelerate spend based on areas of prioritization by the team.
• Proactively provide updates on actual spend and bottoms up forecasts throughout the quarter through monthly presentations to the VP in Engineering
• Partner closely within our Finance team and Engineering Operations lead to collaborate and establish best practices across the organization.

Minimum Qualifications

• Bachelor's degree in Finance or Business-related field with 3+ years of relevant experience
• Intermediate Excel skills is a requirement
• Proficiency with finance tools such as Essbase, Business Objects, FinABC, Budget Tool, SI (Systems Integrator)
• Excellent interpersonal, organizational and communication skills

Preferred Qualifications

• Previous OpEx or COGS Experience is preferred
• Currently or previously held a role in the Business Entity (BE) organization
• Has shown an ability to drive process improvements and automation
• Experience in PowerBI, Tableau or other finance tools for building dashboard

Why Cisco?

At Cisco, we're revolutionizing how data and infrastructure connect and protect organizations in the AI era – and beyond. We've been innovating fearlessly for 40 years to create solutions that power how humans and technology work together across the physical and digital worlds. These solutions provide customers with unparalleled security, visibility, and insights across the entire digital footprint.

Fueled by the depth and breadth of our technology, we experiment and create meaningful solutions. Add to that our worldwide network of doers and experts, and you'll see that the opportunities to grow and build are limitless. We work as a team, collaborating with empathy to make really big things happen on a global scale. Because our solutions are everywhere, our impact is everywhere.

We are Cisco, and our power starts with you.

Message to applicants applying to work in the U.S. and/or Canada:

The starting salary range posted for this position is $99,600.00 to $130,600.00 and reflects the projected salary range for new hires in this position in U.S. and/or Canada locations, not including incentive compensation*, equity, or benefits.

Individual pay is determined by the candidate's hiring location, market conditions, job-related skillset, experience, qualifications, education, certifications, and/or training. The full salary range for certain locations is listed below. For locations not listed below, the recruiter can share more details about compensation for the role in your location during the hiring process.

U.S. employees are offered benefits, subject to Cisco's plan eligibility rules, which include medical, dental and vision insurance, a 401(k) plan with a Cisco matching contribution, paid parental leave, short and long-term disability coverage, and basic life insurance. Please see the Cisco careers site to discover more benefits and perks. Employees may be eligible to receive grants of Cisco restricted stock units, which vest following continued employment with Cisco for defined periods of time.

U.S. employees are eligible for paid time away as described below, subject to Cisco's policies:

• 10 paid holidays per full calendar year, plus 1 floating holiday for non-exempt employees
• 1 paid day off for employee's birthday, paid year-end holiday shutdown, and 4 paid days off for personal wellness determined by Cisco
• Non-exempt employees** receive 16 days of paid vacation time per full calendar year, accrued at rate of 4.92 hours per pay period for full-time employees
• Exempt employees participate in Cisco's flexible vacation time off program, which has no defined limit on how much vacation time eligible employees may use (subject to availability and some business limitations)
• 80 hours of sick time off provided on hire date and each January 1st thereafter, and up to 80 hours of unused sick time carried forward from one calendar year to the next
• Additional paid time away may be requested to deal with critical or emergency issues for family members
• Optional 10 paid days per full calendar year to volunteer

For non-sales roles, employees are also eligible to earn annual bonuses subject to Cisco's policies.

Employees on sales plans earn performance-based incentive pay on top of their base salary, which is split between quota and non-quota components, subject to the applicable Cisco plan. For quota-based incentive pay, Cisco typically pays as follows:

• .75% of incentive target for each 1% of revenue attainment up to 50% of quota;
• 1.5% of incentive target for each 1% of attainment between 50% and 75%;
• 1% of incentive target for each 1% of attainment between 75% and 100%; and
• Once performance exceeds 100% attainment, incentive rates are at or above 1% for each 1% of attainment with no cap on incentive compensation.

For non-quota-based sales performance elements such as strategic sales objectives, Cisco may pay 0% up to 125% of target. Cisco sales plans do not have a minimum threshold of performance for sales incentive compensation to be paid.

The applicable full salary ranges for this position, by specific state, are listed below:

New York City Metro Area:

$120,000.00 - $181,000.00

Non-Metro New York state & Washington state:

$106,700.00 - $160,900.00

* For quota-based sales roles on Cisco's sales plan, the ranges provided in this posting include base pay and sales target incentive compensation combined.

** Employees in Illinois, whether exempt or non-exempt, will participate in a unique time off program to meet local requirements.