1+ months

Finance Development Program Position - Acacia

Cisco Systems Inc.
Maynard, MA 01754
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This program was initiated in 2016 for recent college graduates with a Bachelors Degree (BA) in Accounting. The program consists of 4 rotational assignments that have a fixed set of focus areas. The assignments are generally six months in duration and would include a mix of general accounting, manufacturing accounting and analysis, functional forecasting and reporting and international consolidations. Each assignment will have a different finance mentor who will help introduce the candidate to the assignment responsibilities and meet periodically to evaluate understanding of the core responsibilities. The international consolidations rotation may require a 2-3 month position in our Ireland office.  Once the candidate has completed the rotational assignment the candidate will be afforded an opportunity in one of the areas which they participated. In addition to the rotational assignment the candidate will be strongly encouraged to take advantage of our tuition reimbursement program to continue their education. Completion will be expected with timing to be negotiated.

The role will positively impact the Company's operations and directly contribute to the on-going success of Acacia.

Key Essential Functions:

General Accounting:

  • Performing bank reconciliations
  • Performing intercompany transactions and reconciling intercompany balances between entities
  • Analyzing and updating foreign currency translation amounts

  • Analyzing accounts payable vouchers for accurate general ledger coding
  • Performing timely and accurate month end close functions
  • Reconciliation of numerous accounts including Cash, Prepaids, Fixed Assets, A/P, A/R, Accruals, and various other accounts
  • Assisting with annual and interim audits

Manufacturing Operations and R&D - Accounting, Financial Analysis and Reporting:

  • Support preparation of the Manufacturing Operations and R&D monthly closing process including variance analysis, reconciliations and forecast of future performance. Review department spending and complete analysis of performance vs. plans.
  • Assist in maintenance of the standard cost system including bill of materials (BOM) review and the quarterly cost


  • Provide analysis, commentary and recommendations of monthly manufacturing variances.
  • Participate in the cycle count program and completion of the physical inventory process.
  • Assist in development of data in support of the Warranty and the Excess & Obsolete reserve analysis.
  • Participate in the month-end close process relating to Inventory including reconciliation of Raw Materials, Work-In-

Process and.Finished Goods including understanding of Contract Manufacturer (CM) relationships and inventory reporting.

  • Exposure to the Manufacturing Operations and R&D capital budget process, justification, review & approval and tracking.

Functional Forecasting, Analysis and Reporting:

  • Working with functional leaders to develop operating and capital plans
  • Revenue, gross margin and operating expense variance analysis
  • Preparation of quarterly data detail for internal reporting
  • Working closely with other financial functions during month end close process
  • Reporting system administration support.

International Consolidations:

  • Assist in the timely submittal of non-North America related information to Corporate
  • _Assist in the monthly closing process of international subsidiaries
  • Support the evaluation of transactions which may need to be captured under Sub part F of the IRS code
  • Support monthly/quarterly statutory reporting

Minimum Qualifications, Experience, Skills, Education and Certifications:

  • Bachelor's Degree (B.A.) in accounting.
  • Strong communication and interpersonal abilities
  • Ability to use discretion and maintain confidentiality in dealing with all financial matters
  • Ability to work independently, multi-task and prioritize within a dynamic fast paced working environment where deadlines change frequently
  • Proficiency with Microsoft Office, especially Excel, Word and PowerPoint

Special Physical/Travel Requirements

  • None

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Posted: 2021-04-02 Expires: 2021-07-03
Sponsored by:
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Finance Development Program Position - Acacia

Cisco Systems Inc.
Maynard, MA 01754
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