Leader, Accounting- Fixed Assets Accounting Controller- CA/MBA Finance with 15+ years of experience
Cisco
Meet the Team
Cisco's Corporate Controller’s Group (CCG) is comprised of several groups that are committed to supporting business processes with a high level of integrity and credibility through developing, influencing and implementing global financial policy and process and effective partnering.
The Global Accounting & Reporting (GAR) group specifically supports critical financial reporting functions, including virtual close, earnings release, and Security and Exchange Commission (SEC) filings, by partnering with various internal teams.
Our Global Fixed Assets Operations Team is responsible for ensuring compliance with accounting standards across Cisco. We collaborate with Asset Owners, Entity Controllers, Engineering, IT, and other functions. Our work involves supporting system-related projects and processes for fixed assets, participating in financial statement reviews, fulfilling month-end close requirements, performing account reconciliations, and managing Sarbanes-Oxley (SOX) or Internal Control matters.
Your Impact
As a Fixed asset controller, your responsibilities will include:
- Maintain accounting processes, procedures and system to ensure adherence to US GAAP and company policy
- Serve as Global Process Owner collaborating cross-functionally with operational and finance teams to ensure compliance with US GAAP policies and resolve any related issues
- Interpret business requirements for new fixed asset projects and align the systems and processes to incorporate these, ensuring continued compliance
- Implement and maintain internal controls to enhance administrative and operational efficiencies, ensure compliance with laws and regulations, safeguard assets, and support accurate financial reporting
- Ensures compliance with SOX regulations, related to WPR & Fixed Assets processes and perform SOX controls
- Manage fixed asset operations, audits and physical verification of assets
- Conduct ad hoc data analysis, reporting, and metrics to support informed decision-making
- Prepare accounting memos and close decks for financial reporting
- Lead projects focused on streamlining or designing end-to-end processes, with a clear understanding of upstream downstream system requirements
- Address and resolve IT related issues impacting fixed asset processes
- Apply strong analytical skills to think through complex problems and multifaceted risk scenarios
- Additional responsibilities may arise with the development of new business models
Minimum Qualifications
- Chartered Accountant (CA)/MBA Finance with 15+ years of experience, preferably within a large multinational company
- Demonstrated proficiency in designing end-to-end processes and strong project management skills
- Profound accounting knowledge vital to manage complex business requirements effectively
- Shown ability to lead complex initiatives and thrive in a fast-paced, cross-functional environment
- Advanced proficiency in Microsoft Excel, PowerPoint, and Word
Preferred Qualifications
- Ability to present complex information clearly and persuasively
- Highly motivated self-starter capable of managing multiple tasks efficiently and prioritizing effectively
- Ability to work quickly without compromising attention to detail, advocate best practices, and take hands-on ownership to achieve results
- Prior experience with a Big Four accounting firm is a significant advantage
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.
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.