Cadence Design Systems Logo

Cadence Design Systems

Sr Principal Inside Sales Representative

Posted 15 Days Ago
Be an Early Applicant
In-Office or Remote
Hiring Remotely in Home, PA
Senior level
In-Office or Remote
Hiring Remotely in Home, PA
Senior level
Drive revenue growth across strategic accounts by identifying and advancing complex enterprise opportunities, building executive relationships, leading account and territory planning, maintaining forecast accuracy, and collaborating with field sales, technical teams, and leadership to align solutions and achieve quota, cross-sell, and retention targets.
The summary above was generated by AI
At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.Senior Principal Inside Sales Representative – Job Summary

The Senior Principal Inside Sales Representative is a senior individual contributor responsible for driving significant revenue growth, managing complex strategic opportunities, and serving as a trusted advisor to customers, field sales teams, and internal stakeholders. This role leads high-impact sales initiatives, develops account penetration strategies, and influences business outcomes through deep industry knowledge, strong customer relationships, and disciplined opportunity execution.

The Senior Principal ISR is expected to identify and accelerate large-scale opportunities, and help with target account strategies. This individual partners closely with Account Executives, Technical Specialists, Business Development, Marketing, and Sales Leadership to maximize pipeline generation, forecast accuracy, and revenue attainment. This position is a newer role within the Systems Products Inside Sales Team at Cadence.  You will be responsible for engaging with prospects and customers across multiple Cadence products including PCB design, computational fluid dynamics (CFD), RF/Microwave, Signal and Power Integrity, and other CAE workflows.

Key Responsibilities
  • Drive revenue growth across assigned strategic accounts and territories.
  • Develop and execute comprehensive account and opportunity plans.
  • Identify, qualify, and advance complex sales opportunities through the entire sales cycle.
  • Build executive-level relationships with customers and key stakeholders.
  • Lead territory planning, whitespace analysis, and pipeline development initiatives.
  • Maintain forecast accuracy and provide clear visibility into business risks and opportunities.
  • Collaborate with field sales, technical teams, and business units to align customer solutions with business objectives.
  • Champion SFDC discipline, sales process adoption, and best practices.
  • Act as a subject matter expert for products, solutions, competitive positioning, and target markets.
Success Metrics
  • Quota attainment and revenue growth
  • Pipeline creation and conversion rates
  • Forecast accuracy
  • Strategic account penetration
  • Cross-sell and upsell performance
  • Customer retention and expansion
Ideal Candidate Profile
  • Proven track record of consistently exceeding sales targets.
  • Strong experience managing large, complex enterprise opportunities.
  • Exceptional account planning and sales execution skills.
  • Ability to influence without authority across multiple teams.
  • Strong presentation, negotiation, and executive communication skills.
  • Demonstrated leadership and mentoring capabilities.
  • Data-driven approach to forecasting, pipeline management, and business planning.

Qualifications

  • Bachelor's degree in Business, Engineering, Marketing, or a related field, or equivalent sales experience.
  • 4+ years of successful B2B sales, inside sales, account management, or business development experience.
  • Demonstrated track record of consistently achieving and exceeding revenue targets.
  • Experience managing large, complex enterprise opportunities and multi-stakeholder sales cycles.
  • Exceptional account planning, opportunity management, forecasting, and pipeline development skills.
  • Strong executive presence with excellent presentation, consultative selling negotiation, and communication abilities.
  • Proven ability to influence cross-functional teams and drive business outcomes without direct authority.
  • Proficiency with SFDC systems, Microsoft Outlook, Copilot, forecasting tools, and sales analytics.
  • Experience selling SaaS, EDA, semiconductor, or engineering software solutions.
  • Industry experience preferred relating to: Cadence, OrCAD, Virtuoso, Ansys, Altium, Siemens Mentor Graphics, Solidworks, PTC OnShape
  • Ability to operate independently in a fast-paced, results-oriented environment while maintaining a high level of professionalism and accountability.

The annual salary range for California is $150,000 to $200,000. You may also be eligible to receive incentive compensation: bonus, equity, and benefits. Sales positions generally offer a competitive On Target Earnings (OTE) incentive compensation structure. Please note that the salary range is a guideline and compensation may vary based on factors such as qualifications, skill level, competencies and work location. Our benefits programs include: paid vacation and paid holidays, 401(k) plan with employer match, employee stock purchase plan, a variety of medical, dental and vision plan options, and more.

We’re doing work that matters. Help us solve what others can’t.

Similar Jobs

4 Hours Ago
Remote or Hybrid
Entry level
Entry level
Fintech • Machine Learning • Software • Financial Services
This position is an opportunity to fill a form for future job matching after the ASPLOS Conference with IMC Trading.
4 Hours Ago
Remote or Hybrid
Senior level
Senior level
Healthtech • Information Technology • Security • Software • Cybersecurity
Manage strategic engagement with large enterprise customers to drive product adoption, value realization, renewals, and expansion. Build executive relationships, create Success Plans, lead business reviews, coordinate cross-functional resources, track adoption and health in Gainsight, and meet an annual ARR quota while leveraging AI-enabled tools.
Top Skills: Ai-Enabled SolutionsGainsight
4 Hours Ago
Remote or Hybrid
Expert/Leader
Expert/Leader
Healthtech • Information Technology • Security • Software • Cybersecurity
Lead Mid-Enterprise Healthcare sales for a U.S. region, managing Regional Sales Directors and Account Executives to drive bookings, ARR, pipeline, and forecasts. Execute MEDDPICC-driven territory plans, build executive-level healthcare relationships, partner cross-functionally, recruit and develop sales talent, oversee negotiations and Salesforce pipeline hygiene, and travel extensively to increase market penetration and customer acquisition.
Top Skills: AuthenticationCybersecurityIdentity And Access ManagementMeddpiccSalesforce

What you need to know about the Calgary Tech Scene

Employees can spend up to one-third of their life at work, so choosing the right company is crucial, not just for the job itself but for the company culture as well. While startups often offer dynamic culture and growth opportunities, large corporations provide benefits like career development and networking, especially appealing to recent graduates. Fortunately, Calgary stands out as a hub for both, recognized as one of Startup Genome's Top 100 Emerging Ecosystems, while also playing host to a number of multinational enterprises. In Calgary, job seekers can find a wide range of opportunities.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account