Product FP&A Senior Analyst

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  • Location:
    RTP, North Carolina, US
  • Alternate Location
    Altanta, GA, Houston, TX
  • Area of Interest
    Finance
  • Compensation Range
    98300 USD - 127800 USD
  • Job Type
    Professional
  • Technology Interest
    *None
  • Job Id
    1441636

The application window is expected to close on 08/03/2025. 

Job posting may be removed earlier if the position is filled or if a sufficient number of applications are received.

Candidates must be located in the posted locations.

Members of the Finance organization at select locations will generally be expected to follow a hybrid work model, which includes one or two days of in-office attendance each week


Meet the Team

You will be joining the Global Supply Chain Finance organization, specifically the Product FP&A team, where you will be a key team member driving Product Gross Margin attainment and improvement. As part of this role, you will also be responsible for the Financial Analysis and Management of Cisco’s Value Engineering (VE) program, aimed at investing OpEx to drive product cost savings. In addition, you will also own Product Margin analysis and forecasting for various business entities.

Our team is a dynamic group of motivated and hard-working finance professionals, recognized for strong cross-functional collaboration and for developing premier finance talent at Cisco. We pride ourselves on a supportive team culture and making a meaningful impact across the business. In this role, you’ll work closely with partners in supply chain, finance, and other key internal partners to drive cost savings and enhance margins for the company.

Your Impact

  • Be a champion for Product Gross Margin optimization for your assigned BEs.

As VE Finance Lead:

  • Partner closely with VE Central Team from Global Supplier Management (GSM) in Supply Chain to review project and total program financials including funding, savings, and gross margin impacts.
  • Lead and forecast the OPEX budgets for VE for prototypes, NRE, Outside Services against corporate targets.
  • Optimize OPEX spend across projects while ensuring SOW’s, PR/PO’s and accruals are compliant and accurate, and cross charges and O/S expense are appropriate.
  • Reporting and analysis of VE savings commits from annual plan to quarterly commits, forecasts and actuals and the impacts to gross margin.

Product FP&A Analysis:

  • Support business partners through ad-hoc analysis while collaborating with them on financial metrics and processes to ensure projects supply to positive business outcomes to Cisco.
  • Publish quarterly business review slides for SCF leadership team, provide actionable insights and drive actions to achieve margin outcomes.
  • Partner closely with Central SCO FP&A team in automating and digitizing margin analysis and dashboards.
  • Evaluate impact of New Products and Product Transitions on BE and overall Cisco Gross Margins.

Minimum Qualifications

  • Bachelor’s degree or equivalent.
  • 6+ years of finance experience.
  • Experience with budget management / forecasting.
  • Excellent written and verbal communication skills, with experience in engaging directly with business partners.

Preferred Qualifications

  • Proficiency in finance systems such as Essbase/Hyperion and strong MS Office skills
  • Demonstrate ability to lead and work collaboratively within a team of professionals
  • Strong time management and prioritize skills; ability to multiple tasks and work with a sense of urgency to support our partners
  • Knowledge of financial analysis, financial forecasting, and modeling, handling expenses and finances and financial risk management

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. 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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