Capital Markets Accounting Controller

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  • Location:
    RTP, North Carolina, US
  • Alternate Location
    Atlanta, GA
  • Area of Interest
    Finance
  • Compensation Range
    -
  • Job Type
    Professional
  • Technology Interest
    *None
  • Job Id
    1437417

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.

 

Application window expected to close on 5/2/2025

Meet the team

The Capital Markets Accounting Controller will lead operational, compliance and technical accounting functions supporting the WPR and Corporate Development organizations with the opportunity to expand to tackle additional accounting functions over time. Other primary business partners include Supply Chain, Engineering and Governance, Risk and Controls (GRC). You will:

Your impact

  • Coordinate the accounting for significant transactions related to ASC 320, 321 and 323 (Investments), 360 (PP&E), 420 (Exit costs), and 810 (Consolidation). Collaborate with team members and business owners, be responsible for technical research and memo preparation, ensure internal policy and procedural requirements have been met, and present to and acquire approval from internal senior leadership, the technical accounting policy team and external auditors
  • Run time-bound sophisticated, cross-functional projects with team with varied strengths members impacted by multiple systems
  • Serve as key contact for all internal audits related to these areas; ensure corporate policies and procedures are being interpreted and applied accurately to samples and findings. Socialize and finalize results and recommendations across relevant Corporate Controller Group team members
  • Serve as a consultant to Corporate Development on the accounting for proposed complex transactions, research and advise. Complexities include determining whether an entity is a VIE, controlled through the VIE or voting interest models, whether significant influence exists and how existing or proposed related commercial agreements impact these assessments and the subsequent accounting conclusions
  • Supervise emerging technical mentorship and own the adoption of all new accounting standards impacting these areas. You will also ensure the completeness, accuracy and GAAP compliance with all financial disclosures and filings in these spaces
  • Work with Corporate Controller Group leadership to establish the team’s initiatives, set timelines and drive success

Minimum qualifications:

  • Bachelor’s degree in Accounting required, CPA required and 10 years of experience in accounting
  • Extensive working knowledge of ASC 320, 321 and 323 (Investments), 360 (PP&E), 420 (Exit costs), and 810 (Consolidation)
  • Experience running a geographically diverse team; ability and flexibility to regularly function across multiple time zones, specifically IST
  • Experience communicating accounting issues to the senior management level across multiple functions in a clear and concise manner. Ability to translate complex accounting mentorship into plain English

Preferred qualifications

  • Master’s degree preferred
  • Accounting experience in Big 4 and/or high-technology company preferred
  • Daring with excellent leadership, project management, analytical, interpersonal, and communication skills

Why Cisco

#WeAreCisco where every individual brings their unique skills and perspectives together to pursue our purpose of powering an inclusive future for all.

Our passion is connection—we celebrate our employees’ diverse set of backgrounds and focus on unlocking potential. Cisconians often experience one company, many careers where learning and development are encouraged and supported at every stage. Our technology, tools, and culture pioneered hybrid work trends, allowing all to not only give their best, but be their best.

We understand our outstanding opportunity to bring communities together and at the heart of that is our people. One-third of Cisconians collaborate in our 30 employee resource organizations, called Inclusive Communities, to connect, foster belonging, learn to be informed allies, and make a difference. Dedicated paid time off to volunteer—80 hours each year—allows us to give back to causes we are passionate about, and nearly 86% do!

Our purpose, driven by our people, is what makes us the worldwide leader in technology that powers the internet. Helping our customers reimagine their applications, secure their enterprise, transform their infrastructure, and meet their sustainability goals is what we do best. We ensure that every step we take is a step towards a more inclusive future for all. Take your next step and be you, with us! 

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

When available, the salary range posted for this position reflects the projected hiring range for new hire, full-time salaries in U.S. and/or Canada locations, not including equity or benefits. For non-sales roles the hiring ranges reflect base salary only; employees are also eligible to receive annual bonuses. Hiring ranges for sales positions include base and incentive compensation target. Individual pay is determined by the candidate's hiring location and additional factors, including but not limited to skillset, experience, and relevant education, certifications, or training. Applicants may not be eligible for the full salary range based on their U.S. or Canada hiring location. The recruiter can share more details about compensation for the role in your location during the hiring process.

U.S. employees have access to quality medical, dental and vision insurance, a 401(k) plan with a Cisco matching contribution, short and long-term disability coverage, basic life insurance and numerous wellbeing offerings.

Employees receive up to twelve paid holidays per calendar year, which includes one floating holiday (for non-exempt employees), plus a day off for their birthday. Non-Exempt new hires accrue up to 16 days of vacation time off each year, at a rate of 4.92 hours per pay period. Exempt new hires participate in Cisco’s flexible Vacation Time Off policy, which does not place a defined limit on how much vacation time eligible employees may use, but is subject to availability and some business limitations. All new hires are eligible for Sick Time Off subject to Cisco’s Sick Time Off Policy and will have eighty (80) hours of sick time off provided on their hire date and on January 1st of each year thereafter.  Up to 80 hours of unused sick time will be carried forward from one calendar year to the next such that the maximum number of sick time hours an employee may have available is 160 hours. Employees in Illinois have a unique time off program designed specifically with local requirements in mind. All employees also have access to paid time away to deal with critical or emergency issues. We offer additional paid time to volunteer and give back to the community.

Employees on sales plans earn performance-based incentive pay on top of their base salary, which is split between quota and non-quota components. 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 up to 125% of target. Cisco sales plans do not have a minimum threshold of performance for sales incentive compensation to be paid.

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