Senior Finance Manager

Cadence Design Systems; San Jose, Northern (CA, KY); Hybrid; USD 144,000 - 268,000; Full time

Benefits offered by this job

Paid vacation

401(k) with employer match

Employee stock purchase plan

Medical, dental, and vision plans

Job summary

Cadence Design Systems is seeking a Deal Desk Senior Finance Manager to partner with North America sales. You will structure deals, provide finance input on terms, and work with Sales, Revenue Accounting, Order Management, Credit, Sales Ops and Legal to maximize value and ensure compliance.

The role is based in San Jose, CA, focusing on high-growth environments and complex nonstandard deal features requiring strong financial acumen and cross-functional leadership.

Qualifications

• 15+ years in finance or related field.
• Finance or accounting degree preferred.
• Strong interpersonal, verbal and written communication skills.

Responsibilities

• Structure and execute customer deals to meet financial objectives.
• Identify revenue recognition, booking and fulfillment issues in nonstandard deals.
• Engage with cross-functional stakeholders to resolve issues and align with policies.
• Draft contract terms for nonstandard deal features.
• Support post-acquisition integration with the quote-to-cash group.

Skills

Deal structuring

Cross-functional collaboration

Financial analysis

Communication

Influence stakeholders

Education

Finance or Accounting degree

Tools

Salesforce

CPQ tools

Job description

At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.

Deal Desk Senior Finance Manager

Introduction Cadence Design Systems is looking for a Deal Desk Finance business partner to the North America sales organization. You will act as a trusted advisor to the sales teams and provide finance input on deal structures & terms that maximize value to Cadence, and benefit external customers and internal cross-functional teams. The person in this role will join a cohesive team that operates in a dynamic, high growth environment for this publicly traded software and solutions company that has over $5B in annual revenue. The person in this role will work closely with the quote-to-cash group, including the Sales, Revenue Accounting, Order Management, Credit, Sales Ops, and Legal teams.

Job Description

North America Sales Finance Senior Manager, San Jose, CA Finance partner to Sales. This person works with the sales team to structure and execute customer deals that achieve the Company’s financial objectives. This person identifies potential revenue recognition, booking, and fulfillment issues associated with nonstandard features in customer deals. This person maintains deep engagement with stakeholders across many teams to resolve such issues. This person works with Business Unit owners on discounts and pricing. This person serves as an expert on quoting systems. This person drafts contract terms for nonstandard deal features. Focus areas include deal quality, compliance with the Company’s policies and procedures, and contract terms and conditions.

Finance Project Manager. This person works on financial analysis, and provides finance advice on business model changes and acquisition integration. This person assists with post-acquisition integration involving the quote-to-cash group and acts as an advisor on behalf of the Deal Desk team to ensure a smooth transition and that deals align with the company’s strategic goals and objectives.

Job Requirements

• Ability to thrive in a high growth, dynamic environment
• High business acumen
• Strong problem-solving skills
• Strong written and verbal communication skills, including ability to listen to and understand the needs of sales, finance, and operations
• Ability to communicate with members of several groups within the quote to cash team
• Ability to communicate the rationale for decisions across all levels of the organization
• Ability to influence business partners, even when holding contrary positions
• Ability to maintain attention to detail such as contract terms and conditions, revenue recognition rules, and booking & fulfillment systems requirements
• Knowledge of software, IP, hardware, and services revenue recognition rules and other accounting standards, and the impact of accounting rules to deal structures and terms

Desired Qualifications & Experience

• 15+ Years in Finance Department/Accounting/Auditing or related discipline
• Education: Finance or Accounting related degree preferred
• Strong interpersonal, verbal and written communication skills, with the ability to lead and influence internal stakeholders
• Self-motivated and innovative
• Ability to understand the needs of sales and finance groups, problem-solve to find quality solutions, and elevate as needed
• Knowledge of software, IP, and hardware accounting rules is a plus
• Understanding of ASC606 software revenue recognition is a plus
• Prior experience with Salesforce, CPQ tools knowledge is a plus

The annual salary range for California is $144,200 to $267,800. 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.

Equal Employment Opportunity Policy

Cadence is committed to equal employment opportunity throughout all levels of the organization. Read the policy(opens in a new tab)

We welcome your interest in the company and want to make sure our job site is accessible to all.

If you experience difficulty using this site or to request a reasonable accommodation, please contact [e-mail].

Privacy Policy: Job Applicant If you are a job seeker creating a profile using our careers website, please see the privacy policy(opens in a new tab).

E-Verify Cadence participates in the E-Verify program in certain U.S. locations as required by law.

Download More Information on E-Verify (64K)

Cadence plays a critical role in creating the technologies that modern life depends on. We are a global electronic design automation company, providing software, hardware, and intellectual property to design advanced semiconductor chips that enable our customers create revolutionary products and experiences.

Thanks to the outstanding caliber of the Cadence team and the empowering culture that we have cultivated for over 25 years, Cadence continues to be recognized by Fortune Magazine as one of the 100 Best Companies to Work For.

Our shared passion for solving the world’s toughest technical challenges, our dedication to pushing the limits of the industry, and our drive to do meaningful work differentiates the people of Cadence.

Cadence is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, basis of disability, or any other protected class.