Revenue Recognition Manager Job at Cisco, San Jose, CA

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  • Cisco
  • San Jose, CA

Job Description

Revenue Recognition Manager Apply ( + Location:San Jose, California, US + Alternate LocationRTP, North Carolina + Area of InterestFinance + Compensation Range122800 USD - 158100 USD + Job TypeProfessional + Technology Interest*None + Job Id1446223 **Application window is expected to close on 07/21/2025.** **Job posting may be removed earlier if the position is filled or if a sufficient number of applications are received.** **Candidates must reside in the listed locations and have availability to work according to West Coast time.** **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** Join the dynamic Revenue Accounting Operations (RAO) team and play a pivotal role in providing revenue accounting operations support for the legacy Splunk business. As a Revenue Recognition Manager, you will work cross functionally with diverse teams, including Business Entity Finance (BEF), Corporate FP&A, Acquisition Accounting Team (AAT), Invoice to Cash (I2C), Finance Transformation Office (FTO), IT, SOX and other teams who share a passion of helping make Cisco best-in-class. Your ability to foster partnerships and collaborate efficiently will be key to your success in this role. This position offers an exciting opportunity to be part of a dynamic team during a period of significant organizational change and growth. **Your Impact** We are looking for a highly motivated and dedicated Revenue Recognition Manager who is team oriented to join our RAO team. The person will play an integral role in the team's accounting for multi-million dollar sales deals in RevPro. This position reports to the Leader, Controller of Revenue Accounting Operations. Responsibilities include: + Month end and quarter end close activities including preparation of journal entries, flux analysis, commentary, account reconciliations of revenue related items (revenue, deferred, revenue, contract assets, RPO, etc). + Partner cross functionally with BEF, FP&A, AAT, I2C, SOX to ensure that all revenue impacting activities are appropriately accounted for. + Ensure that processes are in compliance with SOX and US GAAP, and support internal and external audits + Drive and influence cross functional operational improvements, proactively recommend efficiency and effectiveness improvements + Opportunity to work on projects outside of the Splunk's business **Minimum Qualifications** + Bachelor's degree, MBA or equivalent + 8 years+ of Finance/Accounting experience + Strong understanding of revenue recognition (ASC606) and its application to SaaS + Proficient in Excel, Word, Powerpoint **Preferred Qualifications** + Excellent communication (oral and written) and ability to build relationships and collaborate at various levels + A self-starter who works independently with minimum supervision to resolve issues + Experience in RevPro, SAP + Big 4 accounting experience, knowledge of SQL and PowerBI a plus + Highly adaptable to changes in the business, ensuring that key risks areas are covered **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 haveaccess ( 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. Cisco is an Affirmative Action and Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, national origin, genetic information, age, disability, veteran status, or any other legally protected basis. Cisco will consider for employment, on a case by case basis, qualified applicants with arrest and conviction records.

Job Tags

Full time, Contract work, Temporary work, Work at office, Local area, Flexible hours,

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