IT Finance Manager

  • Location:
    RTP, North Carolina, US
  • Alternate Location
    Atlanta, GA
  • Area of Interest
    Finance
  • Compensation Range
    102100 USD - 131300 USD
  • Job Type
    Professional
  • Technology Interest
    *None
  • Job Id
    1443160

The application window is expected to close on: 07/09/2025
 
Job posting may be removed earlier if the position is filled or if a sufficient number of applications are received.  

Members of the Finance organization at select locations will generally be expected to follow a hybrid work model, which includes  2 days of in-office attendance each week, with limited exceptions.

Candidates must be located in the posted locations.


Meet the Team

Cisco’s IT Finance team provides outstanding services as Finance Leaders to develop the financial planning, processes, and capabilities to craft a culture of fiscal subject area while supporting the IT organization’s charter. The team collaborates with leaders across IT to ensure optimal investment strategies and spending efficiency to achieve organizational goals.


Your Impact

As a key partner to IT Functional Vice Presidents, you will play a pivotal role in formulating investment strategies and optimizing spending tied to organizational priorities. This exciting role allows you to be at the intersection of financial strategy and operations, tapping into your expertise to drive efficiency, compliance, and continuous improvement.

  • Perform cost analysis and what-if modeling for investment business-cases.
  • Distribute quarterly budgets in collaboration with functional leaders and maintain annual budgeting models.
  • Track and monitor actual spending against assigned budgets.
  • Maintain comprehensive bottoms-up forecast models and lead bi-weekly budget reviews with functional leaders and Business Operations.
  • Recommend risk/opportunity adjustments with an objective perspective and develop analyses, trends, and metrics to influence spend efficiency.
  • Facilitate transactional execution, including partner agreement, compliance checks, and system processing.
  • Advise the business on transactional accounting treatments and their impact on the forecast.
  • Be responsible for the month-end close process, assess risks/opportunities in the forecast, and reconcile general ledgers against forecasted spending.
  • Drive continuous improvements in execution by identifying gaps, initiating, and performing changes.

Minimum Qualifications

  • BS degree in Finance, Accounting, or Economics; MBA and/or certification a plus.
  • 8+ years of relevant experience with a blend of FP&A and Accounting.
  • Experience and shown success partnering with business executives.
  • Proficiency in data modeling using Microsoft Excel.
  • Familiarity with finance tools such as Business Object, Hyperion/Essbase, and FinABC.


Preferred Qualifications

  • Ability to influence decisions using facts, data, and sound business judgment.
  • Succinct communication and presentation skills.
  • Problem-solving approach with the ability to adapt in a transformative environment.
  • Strong communication skills and the ability to build relationships across all levels.
  • Experience in driving continuous operational improvement initiatives.

#WeAreCisco

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. Simply put – we power the future.

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:

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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