M&A Accounting Manager
Cisco
Remote
$113,900 Salary, Full-Time
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Job Description
Location:
RTP, NC is preferred but open to all remote US locations. Meet the Team Join the Global Accounting & Reporting (GAR) group within Cisco's Corporate Controller Group (CCG)! We are a dynamic team dedicated to supporting business processes with integrity, credibility, and global financial policy leadership! GAR partners with functional groups across the company to enable virtual close, earnings release, and SEC filing. We are committed to developing and implementing effective global financial policies and forging impactful collaborations across Cisco. Your Impact You will be responsible for completing the purchase accounting for acquisitions. In addition, you will work cross functionally with various teams within Cisco starting from due diligence to understand the target to be potentially acquired and provide accounting support and guidance through the first month of accounting on Cisco's general ledger. You will support the Corporate Development team by providing mentorship and accounting support on existing and proposed transactions related to M&A Activities. In addition, you will be responsible for divestitures. This role provides an excellent opportunity to gain experience and exposure to functions both within and outside of Finance and high visibility with the Corporate Controller Groups leadership.More Specifically:
Prepare or review purchase price accounting journal entries and other M&A related journal entries as needed Support the research of M&A transactions, update policies and draft documentation as needed Lead Acquisitions and divestitures from an accounting perspective including due diligence, fair value assessment for various balance sheet accounts and resolve issues that arise on the deals. Your responsibilities may also include management of acquisition compensation, deal costs, escrow receivables, and divestiture related indemnities, intangibles and goodwill including journal entries and recons Understand and detail the valuation of intangibles for each deal and write memo's on large deals Perform monthly and quarterly review of M&A owned accounts and internal reporting package schedules Present the purchase price accounting results of larger acquisitions/divestitures to the Corporate Controller Group Prepare or review M&A related 10-K and 10-Q disclosures Minimum Qualifications Bachelor's degree in Accounting 5-7 years of relevant experience Advanced understanding of ASC 805 Business combination Understanding of asset valuations Advanced accounting knowledge Preferred Qualifications CPA Certification Public accounting experience Ability to interpret and apply technical accounting guidance for business combinations, intangibles, goodwill, and compensation arrangements Ability to work extended hours and/or weekend hours depending on the timing of acquisitions and accounting close Strong background in reviewing journal entries, reconciliations, and internal/external reporting for business combinations, goodwill, and intangibles Strong analytical, interpersonal, and communication skills. Experience establishing relationships with business partners. Proactive, collaborative, self-starter, comfortable independently solving accounting problems and integrating information from various sources. 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/orCanada:
The starting salary range posted for this position is $99,100.00 to $128,700.00 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:
$119,400.00 - $178,300.00 Non-Metro New York state & Washington state: $104,100.00 - $158,100.00 • 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.Similar remote jobs
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