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

ASIC Cost Planning Manager (hybrid) - 2020747

*this is a hybrid role requiring work activity to be on site 2-3 days each week*

As a Cost Planning Manager within Silicon Manufacturing Operations (SMO), you will serve as the primary architect of cost optimization strategies for our silicon product lines. You will bridge the gap between engineering, supply chain, and finance, translating complex technical decisions into clear financial impacts. Your mission is to drive data-driven prioritization, secure executive alignment, and deliver sustained margin improvements across the product lifecycle.

What You’ll Do

• Cost Strategy & Roadmap Ownership: Define and maintain long-term cost roadmaps for new and ramping products. Act as the single point of accountability for cost projections from concept commit up to tape-out.
• Cost Modeling & Sensitivity Analysis: Partner with the Cost Manager to maintain end-to-end cost models. Perform sensitivity analysis on yield, test strategies, binning, and packaging to quantify the impact of operational decisions.
• Yield, Test & Manufacturing Optimization: Challenge yield assumptions and validate them against actual performance. Partner with Chip and Test Engineering to optimize test flows, binning strategies, and packaging approaches to reduce total cost of ownership.
• Cross-Functional Leadership: Act as a strategic partner to Engineering, Global Supply Management (GSM), and Manufacturing Operations. Provide cost transparency and drive alignment across all stakeholder groups.
• Cost Reduction Program Management: Identify, size, and prioritize cost reduction opportunities. Build compelling business cases and ROI models for Value Engineering (VE) investments, ensuring execution discipline.
• Executive Decision Support: Translate complex engineering and manufacturing assumptions into executive-ready narratives. Provide fact-based recommendations to guide strategic investment and capacity decisions.
• Financial Planning & Budgeting: Support annual budget cycles by providing accurate cost forecasts and validating key assumptions (yield, mix, supply, and test costs) to ensure alignment between operational plans and financial targets for new product released planned in upcoming fiscal year.

Minimum Qualifications

• Education: Bachelor’s degree in Engineering, Finance, or a related field
• Experience: 7+ years of experience in silicon manufacturing, supply chain, or financial operations.
• Technical Acumen: Strong understanding of semiconductor manufacturing, yield management, test engineering, and packaging technologies.
• Analytical Rigor: Expert in cost modeling, sensitivity analysis, and building ROI-based business cases.

Preferred Qualifications

• Education: MBA or advanced degree preferred.
• Communication: Proven ability to synthesize complex technical data into clear, actionable insights for executive leadership.
• Influence: Ability to secure cross-functional buy-in and lead through influence in a highly matrixed organization.

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/or Canada:

The starting salary range posted for this position is $148,500.00 to $193,300.00 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:

$148,500.00 - $234,600.00

Non-Metro New York state & Washington state:

$135,400.00 - $215,200.00

* 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.